$1.3bn power fund rolled out
Published On March 7, 2024 » 531 Views» By Times Reporter » Business, Stories
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By KENNEDY MUPESENI –
THE Southern African Power Pool (SAPP) and Climate Fund Managers have launched a new $1.3 billion fund to build high-voltage transmission lines linking member countries.
The Regional Transmission Infrastructure Financing Facility (RTIFF) starts with $20 million in commitments from SAPP.
It aims at raising close to $500 million in 2025 to overcome a key obstacle constraining growth in an evolving energy sector.

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