World Bank approves $497 million concessional loan to South Africa's Eskom

The World Bank approved a $497 million concessional loan facility to South Africa's power utility Eskom for the repurposing of the first among three coal fired power stations up for decommissioning. The deal is meant to support the power utility's energy transition strategy to repurpose power stations for renewable energy and natural gas Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook:   / cgtnafrica   Twitter:   / cgtnafrica   Instagram:   / cgtn_africa