Bloomberg<\/a>.\n <\/p>\n\n That earlier support included $100 million from the Japan International Cooperation Agency and $50 million from Sumitomo Mitsui Banking Corp, aimed at boosting South Africa\u2019s renewable energy capacity.\n <\/p>\n
\n \u201cWe are also exploring additional financing to South Africa for energy-sector reform,\u201d Maki Kobayashi, a senior Japanese government spokeswoman, said in a Nov. 22 interview on the sidelines of the Group of 20 summit in Johannesburg.\n <\/p>\n
Urgent shift from coal<\/p>\n
\n South Africa has been seeking billions in foreign investment as it transitions away from coal, which currently generates nearly 80% of the country\u2019s electricity.\n <\/p>\n
\n In recent years, the nation has faced intermittent power cuts that have disrupted industries and households, underscoring the urgency of energy-sector reform.\n <\/p>\n
\n The country\u2019s strategy focuses on expanding renewable energy output, improving electricity supply security, and attracting international financing to accelerate the shift to a cleaner, more reliable power system.\n <\/p>\n
\n Japanese support, along with investment from countries including France and Germany, is expected to play a key role in enabling South Africa to modernise its energy infrastructure while reducing dependence on coal.\n <\/p>\n","protected":false},"excerpt":{"rendered":"Japan is in discussions with South Africa to potentially provide additional funding for the reorganisation of the country\u2019s…\n","protected":false},"author":2,"featured_media":285087,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":{"0":"post-285086","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/285086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=285086"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/285086\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/285087"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=285086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=285086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=285086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}