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South Africa Secures $2.2 Billion To Help Transition Away From Coal ...Middle East
South Africa has long been dependent on coal, finding it difficult to leave fossil fuels in the past for a future in green energy. The African country has produced and exported coal to bolster its economy as well as to provide energy for its population of over 60 million. However, now it has a $2.2 billion coal-exit plan thanks to funding from the World Bank. Coal contributes around 82 percent of South Africa’s energy mix. In addition, roughly 28 percent of the country’s coal production is exported, primarily through the Richards…
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