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AFD announces €400 million financing to support the energy transition

On the occasion of the 30th anniversary of the partnership between AFD and South Africa, Rémy Rioux revealed several major financial commitments for the energy transition, including a €400 million loan. This funding aims to support the social aspects of the just energy transition. AFD also announced support for local projects, with €200,000 for a development laboratory in Mpumalanga and €6.5 million for an Eskom hydropower project.

Since 1994, AFD has invested over €4 billion in sustainable development projects.

Tags: #AFD #EnergyTransition #SouthAfrica #SustainableDevelopment #Financing

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