African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Radio News Release (Soundbite): African Development Bank pledges $2.8 billion to South Africa over five years

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JOHANNESBURG, South Africa, March 25, 2022/APO Group/ --

African Development Bank Group ( President Dr. Akinwumi A. Adesina has pledged his institution’s support for South Africa, announcing a $2.8 billion package for the country over the next five years. Some $400 million (ZAR 6 billion) will support South Africa’s Eskom and the country’s energy transition. Adesina was speaking at the opening of the South Africa Investment Conference in Johannesburg this week.

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Distributed by APO Group on behalf of African Development Bank Group (AfDB).