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Global Trade Alert

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South Africa: NDB approves ZAR 6 billion loan for an energy storage project

Description

On 16 December 2019, the New Development Bank (NDB) approved the ZAR 6 billion (USD 400 million) loan agreement with ESKOM Holdings SOC Limited, the South African electricity public utility for the im...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Dec 2019

Revocation date

No revocation date

Implementation level

IFI

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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