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flag Germany loans South Africa €500 million to support its energy transition and climate goals.

flag South Africa received a €500 million loan from Germany through the KFW Development Bank to support its Just Energy Transition plan. flag This loan is part of South Africa's third Development Policy Operation and includes support from international organizations. flag The funds aim to boost structural reforms in the energy sector, enhance public institutions, and attract private investment, aligning with South Africa's climate commitments and fostering economic ties between Germany and South Africa.

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