AfrElec Week 33 2021
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Issue 314 19•August•2021 Week 33
Coal closures
Eskom plans to reduce its output of coal-fired power by up to 12,000 MW, or 30%, through plant closures over the next decade
Green recovery
The AfDB’s Sustainable Energy Fund for Africa is to provide $20mn for its Covid-19 Off-Grid Recovery Platform (CRP) across Africa
EBRD loan
The EBRD is boosting its green investment in Egypt with a $50mn loan to QNB ALAHLI, one of Egypt’s largest banks