Eskom in R1.5 billion loan agreement with French development agency

[BusinessTech]

Eskom in R1.5 billion loan agreement with French development agency

Eskom and Agence Française de Développement (AFD) on Thursday signed a R1.5 billion loan agreement to support the electricity utility’s investments in extending and strengthening its power transmission grid along the west coast of South Africa.

 

[Lew Skannen]

Hopefully the funds will be kept and managed, until the end of the project, by the Agence Française de Développement. If not, there will be huge bonuses coming for all cadres.

 

[Pineapple Smurf]

Hopefully the funds will be kept and managed, until the end of the project, by the Agence Française de Développement. If not, there will be huge bonuses coming for all cadres.

 

[Pineapple Smurf]

Guptas will be returning to the Northern Cape, nice and quiet and plenty looting to be done here soon

 

[Freshy-ZN]

Better the French than the Chinese.....barely.