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Global Trade Alert

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South Africa: IDC provides financing to Scatec Kenhardt 2 (Pty) Ltd

Description

The Industrial Development Corporation of South Africa (IDC) provided a ZAR 300 million (USD 19.5 million) loan to Scatec Kenhardt 2 (Pty) Ltd. This information was made available as the IDC disclosed...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Feb 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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