South Africa: EIB and FirstRand Bank boost renewable energy investments with € 400 million/ZAR 7.9 billion initiative

This article is published in association with European Investment Bank. Danish food innovator MATR Foods signed a €20 million loan agreement with the European Investment Bank (EIB) to expand production of plant-based meat-alternatives. The EIB funding, supported by the InvestEU initiative of the European Commission, will enable MATR to build a first-of-its-kind plant for the production […]

South Africa: EIB and FirstRand Bank boost renewable energy investments with € 400 million/ZAR 7.9 billion initiative

This article is published in association with European Investment Bank. Renewable energy projects developed by independent power producers in South Africa received a € 400 million (ZAR 7.9 billion) boost with today’s announcement of a joint initiative between the European Investment Bank (EIB) and FirstRand Bank Ltd. A € 200 million (ZAR 3.9 billion) loan from the EIB will […]
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