AFD in South Africa

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

News

  • AFD is one of the endorsing partner of the ecomobility World festival

Alternatives to Improving Service Delivery

12/12/2015

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.

The objective was to provide South-African local governments with the capacity to structure win-win PPP projects in an effort to efficiently bridge municipalities’ infrastructure financing needs. The workshop gave a large place to French experience through the participation of French experts on PPP and French entreprises present in South Africa.
The training covered topics that include an overview of the different contracting models available to public bodies; guiding principles for structuring a project funding; financial control of a public-private partnership and the central question of risk allocation between public and private entity.


Signing of a €150 million loan to Eskom and of a €450 000 FEXTE partnership with Eskom and EDF

23/11/2015

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



COP21: a delegation of French journalists visits climate projects finance by AFD in South Africa

07/11/2015

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.

 AFD is present in South Africa since 1994, and have been supporting the energy transition, and more generally, the fight against climate change, one of its main objectives. From 2009 to 2014, 56 % of the authorized financing, that is 710 M€, support projects with climate co-benefit. The AFD intervenes mainly on two levers - the diversification of the mix energy and the decrease of the energy-consuming character of the South African economic model - through all the actors: public enterprises, financial public sector like commercial, private sector and communities.
Below are the links towards papers and video stemming from this press tour.


 
 
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