Natural resources & energy Did Eskom secure a $10 billion loan from Saudi Arabia and a $33 billion loan from China in 2018? Source South African Government News Agency Short answer Did Eskom secure a $10 billion loan from Saudi Arabia and a $33 billion loan from China in 2018? In 2018 President Cyril Rhamaposa confirmed Eskom had entered into a loan agreement with the China Development Bank for $2.5 billion (about R38.7 billion) to fund the construction of Kusile Power Station. The president also secured a $10 billion (about R152.7 billion) investment pledge from... Back Full answer
Natural resources & energy What share of the electricity used in Africa does power utility Eskom generate? Source Eskom integrated report 2019 and Africa Energy Outlook 2019 Short answer What share of the electricity used in Africa does power utility Eskom generate? In 2018/19, Eskom sold 208,319 GWh of electricity for consumption. This made up 29.8% of the estimated amount of electricity used in Africa in 2018 (700,000 GWh), according to the International Energy Agency.If the electricity (18,699 GWh) Eskom bought from independent power producers and neighbouri... Back Full answer