...Monika Beck, Member of the Management Board of Deutsche Investitions- und Entwicklungsgesellschaft (DEG)
Earlier this week, DEG announced that, together with the Dutch and French development banks FMO and Proparco, it would be providing the South African FirstRand Bank with a loan of EUR 300 million. This is intended to drive forward the energy transition in South Africa. Monika Beck explains why DEG is involved in the South African energy transition and who will benefit from the funds.
Von David Renke