South Africa

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25-Apr-2017

South Africa - ESKOM Transmission Improvement Project – RAP Summary

The Government of South Africa’s National Development Plan (NDP) points to the fact that South Africa needs to maintain and expand its electricity, water, transport and telecommunications infrastructure in order to support economic growth and social development goals. Eskom Holdings, a State-Owned-Company (SOC) Ltd (hereafter referred to as Eskom) is South Africa’s primary electricity supplier which is wholly owned by the South African government through the National Department of Public Enterprises.
25-Apr-2017

South Africa - ESKOM Transmission Improvement Project – RAP Summary (Venus Line)

The Government of South Africa’s National Development Plan (NDP) points to the fact that South Africa needs to maintain and expand its electricity, water, transport and telecommunications infrastructure in order to support economic growth and social development goals. Eskom Holdings, a State-Owned-Company (SOC) Ltd (hereafter referred to as Eskom) is South Africa’s primary electricity supplier which is wholly owned by the South African government through the National Department of Public Enterprises. Since 2005, Eskom has been expanding its infrastructure through additional power stations and...
25-Apr-2017

South Africa - Eskom transmission improvement project – ESIA Summary

Eskom Holdings State-Owned-Company (SOC) Ltd, is South Africa’s primary electricity supplier which is wholly owned by the South African government through the Department of Public Enterprises. Since 2005, Eskom has undertaken a significant programme to expand and maintain its ageing infrastructure, which has required significant capital investments. The capital expenditure related to the capacity expansion programme, from its inception in 2005 until expected completion in the 2020/21 financial year is estimated to be approximately ZAR348 billion. The Government of South Africa (GoRSA) has...
25-Apr-2017

AfDB assesses results of US$ 5 billion investment in South Africa

What do we get for US$ 5 billion investment? The Independent Development Evaluation (IDEV) of the African Development Bank Group (AfDB) has just published a report evaluating more than a decade of engagement in South Africa (2004 – 2015), principally in the finance and energy sectors. Striking the balance between good commercial banking and good development banking is one of the key messages delivered by the IDEV team of evaluators, who offer food for thought on the way lines of credit are being used. The evaluation found that low-risk lending through lines of credit via South African...
19-Dec-2016

A decade of AfDB’s development results report, published

Independent Development Evaluation (IDEV) of the African Development Bank Group (AfDB) has published a report of unprecedented scope, which measures the relevance, effectiveness, sustainability and efficiency of AfDB’s operations across the African continent over the past decade. The Comprehensive Evaluation of the Development Results (CEDR) of the African Development Bank Group (AfDB) is an evidence-based assessment of the AfDB’s development results across sectors, countries and regions of Africa. It seeks to ascertain how, given the mandate and resources of the Bank and a...
07-Dec-2016

Integrated solutions key to regional agro-allied industrialization

Participants at the African Economic Conference 2016 in Abuja have identified integrated solutions as key to regional agro-allied industrialization. Speaking at the “Plenary session 3: Fostering Agro-Allied Industrialization through Regional Value Chains,” they observed that such solutions should digitalize all major interfaces between smallholder farmers and other value chain actors. In a keynote address at the session, the Director for Africa at the International Food Policy Research Institute (IFPRI), Ousmane Badiane, highlighted the need to harness information...
02-Dec-2016

Climate finance mobilization required to strengthen NDC ambition, says new report

The African Development Bank (AfDB) Climate Investment Funds (CIF) unit released in November a new study which details regional member countries’ progress in ratifying the Paris Agreement and their efforts to transition Intended Nationally Determined Contributions (INDCs) into Nationally Determined Contributions (NDCs). The report found that in many countries, projected contributions will be conditional based upon receipt of climate finance support. On 4 November 2016, the Paris Agreement, which aims to limit the average global temperature increase by 2100 to well below 2°C...
01-Dec-2016

“CSOs, essential partners for AfDB to achieve results and impact on the ground,” says Maria Mulindi, Senior Advisor to AfDB President

“Civil society organizations are essential partners for the African Development Bank (AfDB) to achieve results on the ground, and have positive impact on the lives of project beneficiaries,” said Maria Mulindi, Senior Advisor to AfDB President for Civil society and Community-Based Organizations. She was speaking at the closing ceremony of the AfDB regional consultations meeting with Southern Africa civil society organizations (CSOs) on 30 November 30 in Johannesburg, South Africa. “The Bank cannot fulfil its agenda without you. We have to work together to meet the aspirations of the...
29-Nov-2016

The African Water Facility promotes sustainable growth through climate resilient water resources development in Southern Africa

The African Water Facility (AWF) approved a grant of about €2 million to support a multinational transboundary project to prepare a Climate Resilient Water Resources Investment Strategy and Multipurpose Project for the Orange-Senqu River Basin, serving the population of Botswana, Lesotho, Namibia and South Africa. The main goal of this project is to promote sustainable socio-economic growth in the basin riparian countries through climate resilient water resources development in the framework of basin wide cooperation led by the Orange Senqu River Basin Commission (ORASECOM). The project will...
29-Nov-2016

Southern African CSOs and AfDB outline expectations for better cooperation

At a regional consultation meeting the African Development Bank (AfDB) is organizing with Southern African civil society organizations (CSOs) from November 28 to 30 in Johannesburg, South Africa, the Bank and CSOs outlined their expectations so as to provide a better understanding of their respective roles and strengthen cooperation. Speaking at the meeting, Zeneb Touré, Principal Civil Society Engagement Officer, started her intervention by outlining that the objective of the meeting was to exchange with CSOs on the Bank’s strategic focus in three priority areas: energy and climate change...
29-Nov-2016

Southern African CSOs commend AfDB for engaging with them on delivery of Bank’s High 5 priorities

During a consultation meeting that opened on November 28 in Johannesburg, South Africa, Southern African civil society organizations (CSOs) commended the African Development Bank (AfDB) for seeking their input for better delivery of its operational priorities.  “As CSOs, we would like to commend the Bank for its decision to engage us more closely than before. We welcome this as it demonstrates the Bank’s appreciation of the role CSOs play in supporting and complementing government intervention, as well as its recognition of the CSOs as a key development player that can help in...
18-Nov-2016

AfDB to Open Dialogue with Southern Africa CSOs on its Operational priorities

The African Development Bank (AfDB) will organize from 28 to 30 November 2016 a regional consultations meeting with Southern African Civil Society Organizations (CSOs) in Johannesburg., The meeting will be the third of a series of five regional consultations with African civil society organizations after the ones organized for West Africa in Dakar from 31 August to 2 September 2016, and for Central Africa in Yaoundé from 28-30 September 2016. The meetings with regional CSOs aims to strengthen mechanisms and grassroots support in the implementation of the Bank’s  High 5s priorities (...
17-Nov-2016

Africa’s renewable energy revolution must engage public and private financing partners to break down economic, political and social risks, experts agree

At the UN’s global climate conference this week, governments and development partners came together to examine the role of financing in shaping some of Africa’s groundbreaking renewables successes such as Morocco’s Noor Concentrated Solar Power (CSP) plant. In an event co-hosted by the African Development Bank (AfDB) and the Climate Investment Funds (CIF), participants considered how the growing explosion in renewables in some African countries is being built on strategic partnerships between public and private sources of financing. Renewable energy has been identified as a key driver for...
20-Oct-2016

Working Paper 244 - Occupational choice and agricultural labor exits in Sub-Saharan Africa

Economic development is characterized, almost universally, by rising output per agricultural worker and the movement of labor from agriculture to other sectors, which together result in rising incomes and falling incidence of poverty (Timmer 2009). African countries are mostly in the early stages of this structural transformation process, with large cross-sector productivity gaps and large labor shares still in agriculture (Gollin, Lagakos, and Waugh 2014). Recently, though, growth has been observed in annual output per worker across SubSaharan Africa. In the aggregate, labor exits from...
12-Oct-2016

AfDB approves 570 million rand loan to finance affordable housing in South Africa

The Board of Directors of the African Development Bank Group (AfDB) has approved a Senior Loan of ZAR 570 million to South Africa’s Housing Investment Partners Trust 2 -HIP2), also known as Vulumnyango Trust, to help finance affordable housing programmes in the country. The loan will help improve access to long-term affordable housing finance to South Africa’s lower-middle income earners currently with limited opportunities to access affordable mortgages. It will also consolidate the growth of a strong affordable housing sector within South Africa. The project provides a demonstration...
22-Jul-2016

PPM – South Africa - Regional Institutional Support Project on Public Financial Governance (RIPFG)

PPM – South Africa - Regional Institutional Support Project on Public Financial Governance (RIPFG)
25-Feb-2016

Project Brief - South Africa - Eskom Corporate Loan

The corporate loan will assist Eskom, South Africa’s electricity company, to complete its CEP. The program, to be rolled out over a 5-year rolling period (2015/16 –2019/20), will deliver major transmission lines, refurbishments, substations, and additional generation, including completion of: Ingula Plant (1332 MW), Medupi Plant (4764 MW) and Kusile Plant (4800 MW); refer to Table 1 below. This will enable Eskom to increase its generation capacity, reduce reliance on expensive diesel-fired power consequently contributing to its medium/long-term financial sustainability. This will breed new...
09-Feb-2016

Climate Change Success Stories - Sere Wind Farm

on In recent years, the South African electricity sector, once operationally efficient, ran into major capacity constraints. As a result, power rationing and other measures instituted to prevent the electricity system from collapsing affected the entire economy, especially the country's mining industry, leading to shutdowns of some of the largest mining operations, putting thousands of jobs at risk. In addition, climate change is affecting South African life, especially the poor population, and the country is a major emitter of greenhouse gases, generating its electricity largely from coal....
16-Dec-2015

7th Africities Summit: AfDB commits to support African cities through strengthening of local governments

At the 7th Africities Summit, which took place from November 29 to December 3 in Johannesburg, South Africa, the African Development Bank reiterated its commitment to supporting initiatives for decentralisation and urban development in Africa. The central theme of the summit was “Shaping the future of Africa with the people: The contribution of African Local Authorities to Agenda 2063 of the African Union.” The theme sought to stir a rigorous understanding of likely future trends with intense debate about what needs to be done at the local level with immediate effect to address the...
08-Dec-2015

6th China-Africa Cooperation Forum highlights unique partnership and the role of the AfDB

China is Africa’s largest trading partner for the sixth year running, according to Charles Boamah, African Development Bank’s Vice-President of Finance. The trade volume between the two amounted to US $220 billion in 2014. This is reportedly more than double the trade level between the United States and the African continent. The same is true for investments. Boamah made the remarks during an interview on China Central Television (CCTV) at the Forum on China-Africa Cooperation (FOCAC), which took place on December 4 and 5, 2015 in Johannesburg, South Africa. During the summit, China’s...