{"id":612466,"date":"2023-10-26T09:59:33","date_gmt":"2023-10-26T04:29:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=612466"},"modified":"2023-10-26T10:26:59","modified_gmt":"2023-10-26T04:56:59","slug":"world-bank-approves-1-billion-loan-to-help-south-africas-energy-sector","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/world-bank-approves-1-billion-loan-to-help-south-africas-energy-sector\/","title":{"rendered":"World Bank approves $1 billion loan to help South Africa&#8217;s energy sector"},"content":{"rendered":"<p>The World Bank approved a $1 billion loan for South Africa on Wednesday to help it address an energy crisis that has peaked this year with the country&#8217;s worst electricity blackouts. The energy problem has forced the country to lean on its highly polluting coal-fired power stations. <\/p>\n<p>South Africa has experienced scheduled, rolling blackouts for months because of problems generating enough electricity for its 62 million people. The state-run power utility, Eskom, generates approximately 80 per centof the country&#8217;s electricity through its coal stations, but they have failed to meet demand due to mismanagement, corruption and regular breakdowns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Bank approved a $1 billion loan for South Africa on Wednesday to help it address an energy crisis that has peaked this year with the country&#8217;s worst electricity blackouts. The energy problem has forced the country to lean on its highly polluting coal-fired power stations. South Africa has experienced scheduled, rolling blackouts for months because of problems generating enough electricity for its 62 million people. The state-run power utility, Eskom, generates approximately 80 per centof the country&#8217;s electricity through its coal stations, but they have failed to meet demand due to mismanagement, corruption and regular breakdowns.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-612466","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/612466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=612466"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/612466\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=612466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=612466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=612466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}