SA’s largest CSP tower project secures financing from local bank

South Africa’s largest Concentrated Solar Power (CSP) tower project has appointed Absa Bank as a mandated lead arranger, senior lender and hedge provider.
Green economy

IFC backs Absa Bank to create Africa’s first green loan

The International Finance Corporation (IFC) will provide Absa Bank a loan of up to $150 million to create Africa’s first certified green loan.

Malawi makes moves to de-risking renewable energy projects

Malawi has joined a Regional Liquidity Support Facility, an initiative that supports small- and mid-scale renewable energy IPPs reach financial close and to reduce the energy deficit.

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