Government of South Africa Raises Funds for Eskom

The Government of South Africa is to make a R20 billion equity investment over three years to Eskom as part of its ‘hybrid solution’ to support the state utility.

UK-based Banks to Start Offering New Loans to Eligible Onshore Wind Farms

Three UK-based banks will start offering new loans to eligible onshore wind farms today. Wind farm developers and the banks will have an opportunity to start brokering the deals at a forum in the city hosted by Ed Miliband and Chancellor Alistair Darling. The...

European Investment Bank Grants 2.6 Billion Dirham Loan to Morocco for Highway Projects

The European Investment Bank (BEI) has granted a 2.6 billion dirham loan (250 million Euros) to Morocco for the financing of highway projects in the country. The loan is dedicated to a three-lane construction of the 57-km highway between Casablanca and...

European Investment Bank Annuls Mauritius Drainage Contract Grant

The European Investment Bank (EIB) has annulled the grant for a contract of €33.8 million which had been given to a joint venture to build a mains drainage system in the center of Mauritius. Official sources in Port Louis on Monday indicate that the...