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Africa: US reviewing Eskom loan application
[Times Live: 2010-03-12]
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Earlier, at a media briefing, South Africa"s Public Enterprises Minister Barbara Hogan indicated that the US would abstain from voting on the US3.75 billion loan. If awarded, most of the loan will go towards the funding of the coal-fired Medupi power station in Limpopo. It has been opposed by environmental rights groups who favour low-carbon economies. "The Americans are under more pressure and they have indicated to . . . |
Continue to Africa News story at Times Live
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