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Europe Daily Bulletin No. 9481

2 August 2007
Contents Publication in full By article 17 / 37
GENERAL NEWS / (eu) eu/eib/south africa
Loan for high voltage interconnection between Johannesburg and Cape Town

Luxembourg, 31/07/2007 (Agence Europe) - The European Investment Bank (EIB) has just signed an €88 million (830 million rand) loan agreement with Eskom, South Africa's state-owned electricity utility, to part-finance the construction of a new high voltage transmission interconnection between Johannesburg and Cape Town. The loan is the second tranche of a €300 million (2.8 billion rand) facility for the project; a first tranche of €80 million was signed in December 2006. Both loans were...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION