Posted by: APO | 27 September 2018

South Africa: Eskom to expand transmission network with $218 loan from African Development Bank

The African Development Bank (www.AfDB.org) has approved a ZAR 2.886 billion (US$217.9 million ) loan to South Africa’s power utility Eskom Holdings Ltd, towards the upgrade and expansion of its transmission facilities. The entity is crucial to power supply within the sub-region. The funding supports the Eskom Transmission Improvement Project (ETIP), which will see the construction of 555km of 400kV… Read more on https://afdb.africa-newsroom.com/press/south-africa-eskom-to-expand-transmission-network-with-218-loan-from-african-development-bank?lang=en


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