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IDC, AFD sign €60m credit agreement for green projects

By:  
Creamer Media Contributing Editor Online
 
GREEN ENERGY
South Africa’s Industrial Development Corporation (IDC) has signed an agreement with France's development agency, Agence Française de Développement (AFD), for a €60-million credit line aimed at local small-scale green projects. The facility, a collaboration under the Sustainable Use of Natural Resources and Energy Finance initiative, provides long-term loans on attractive terms for developers who find it difficult to access funding for renewable-energy and energy efficiency projects.
 
 
 
 
 

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