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Namibia Embarks on Electricity Project

Namibia’s capital city Windhoek has embarked on the construction of a new electricity substation to provide electricity demands for commerce, industry, and households. The Development Bank of Namibia (DBN) declared.

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Eskom, Agence Française de Dévelopement sign loan agreement

Eskom and the Agence Française de Développement (AFD) have signed a € 90 million loan agreement to support the electricity utility’s investments in extending and strengthening its power transmission grid.

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Eskom changes mind on debt-to-equity conversion

Eskom has abandoned its plan to ask the Public Investment Corporation to convert some its debt to equity out of concern that it will be viewed as a default by.

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