South Africa in Talks With Energy Partners on Loan Guarantees.

South Africa is currently in discussions with international climate-finance partners regarding loan guarantees for energy infrastructure projects. Joanne Yawitch, head of the project management unit for a $9.3 billion pact within the South African presidency, mentioned that progress is being made in securing this financing. The issue of guarantees has been a challenge due to the government's concerns about increasing contingent liabilities. Partners in this initiative include France, Germany, the UK, US, European Union, the Netherlands, and Denmark. [Extracted from the article]