SA is setting up an office to facilitate private investment in the water industry in a bid to arrest its collapse and emulate the success of the nation’s electricity procurement agency that’s attracted more than $10bn of private money into renewable energy.
The Water Partnership Office is being set up by the state-run Development Bank of Southern Africa , and initial funding for its establishment may come from the Green Climate Fund, a more than $12bn international financing facility...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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