Friday
June 5
2026

OPEC Fund Provides $150 Million Loan to South Africa

By Bob Koigi

The OPEC Fund for International Development (the OPEC Fund) has signed its first loan agreement with South Africa, providing a US$150 million policy-based loan to support infrastructure reforms in the energy and transport sectors and advance the country’s low-carbon transition agenda.

Photo courtesy of Singkham.

Source: Africa Business Communities (link opens in a new window)

Categories
Energy, Environment
Tags
decarbonization, global development, infrastructure, lending, renewable energy