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Japan considering helping South Africa finance energy reform | SA News

Japan is in talks with South Africa over potentially helping the country finance the reorganisation of its energy sector.

The funding, if implemented, would add to the as much as $150 million lent to the state-owned Development Bank of Southern Africa by Japanese institutions late last year for the funding of renewable energy projects.

Read: Power struggles: Why SA’s economy can’t catch a break

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“We are also exploring additional financing to South Africa for energy-sector reform,” Maki Kobayashi, a senior…

Renewable Energy: The government is investing in renewable energy sources,
such as solar and wind, to reduce reliance on fossil fuels.

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