Willing to support local and regional development, the Johannesburg agency now funds more than thirty projects and has increased its activity by four between 2004 and 2008 to meet the financing needs of projects for the region's development. Photo © Coda
A 3-day workshop on Public Private Partnership (PPP) targeting financial, technical, lawyers managers from secondary municipalities and private sector representatives has been organized by the French Development Agency (AFD) and Inca Porfolio Manager (IPM) between the 9th and 11th of November.
On Monday 23 November, Eskom and AFD signed a €150 million (R2.3 billion) credit facility agreement which will go towards financing Eskom’s Distribution Projects in the KwaZulu-Natal, Eastern Cape and Limpopo provinces.
AFD has also concluded a tripartite financial partnership agreement amounting to €450 000 (R6.8 million) with Eskom and Électricité de France (EDF).
Further details available here: http://www.eskom.co.za/news/Pages/NO23B.aspx
The visit from 2 till 7 November 2015 was the occasion for a delegation of French journalists to be exposed to the South African climatic problems, and to the answers brought by the AFD.