South Africa's PIC Leads a $37 Million Pledge for Green Hydrogen
South Africa's Public Investment Corp., the continent's biggest money manager, and two development institutions have pledged $37 million to a fund for financing green hydrogen projects.
The Development Bank of Southern Africa and the Industrial Development Corporation of South Africa will help finance the SA-H2 fund, which blends public and private capital. It is managed by a partnership between Hague-based Climate Fund Managers and Invest International, a Dutch development finance institution.
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