DStv Channel 403 Tuesday, 05 November 2024

Ramaphosa: $38bn more for energy transition

JOHANNESBURG - Eskom has plunged the South Africa further into darkness.

President Cyril Ramaphosa says a lot more money is needed to move to renewable energy.

Ramaphosa says it needs $38-billion more.

READ: Ramaphosa vows cooperation with Biden but firm on Russia ties

That is over and above the $8.5 billion pledged by the UK, US, EU, Germany and France at COP26.

He was speaking after meeting US President Joe Biden at the White House.

Ramaphosa says Biden understands the challenge.

Watch the video above for more details on this story.

Paid Content