BII

UK Commences a $6.7 million Investment in South African Wind Farms

UK Commences a $6.7 million Investment in South African Wind Farms

UK’s development finance institution British International Investment (BIl) aims to help tackle South Africa’s energy crisis and accelerate economic growth. BII has been a partner to South Africa since 1995, backing 150 businesses across the country since then; current portfolio stands at $285 million. BII companies in South Africa have created 54,500 jobs a year since 2014. BII hails role of technology and digital transformation in South Africa to address inequality and accelerate growth. BII’s clean and renewable energy investment strategy aligns with the South African’s government energy priorities, announcing new investment in 140MW South African wind farms. British International…
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