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World Bank helps SA with energy reform

Grants US$1bn loan
South Africa, which depends on coal to generate most of its electricity, has been hit by regular power cuts because Eskom's plants are old and unreliable.
The World Bank has said it will support South Africa’s transition to using cleaner forms of energy with a US$1 billion loan.The funding will help facilitate "restructuring of the
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Allgemeine Zeitung 2024-11-15

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