in Short
South Africa : AfDB approves $474.6M loan for green energy transition

On July 1, 2025, the African Development Bank (AfDB) approved a $474.6 million loan for the Infrastructure Governance and Green Growth Programme (IGGGP), the second phase of support for South Africa’s just energy transition. The financing targets infrastructure overhaul, renewable energy expansion, climate resilience, social inclusion, and green job creation.