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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Msizi Khoza

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South Africa

ABSA Corporate Investment Banking Halts Funding for New Coal Projects in South Africa

In S.A, ABSA Corporate Investment Banking has announced it will not fund any new coal-powered projects. The bank's Msizi Khoza says they instead support financing a balanced energy mix, including projects aimed at making existing coal-powered plants more efficient and environmentally friendly. Khoza highlighted that this approach aligns with their commitment to sustainability:  

todayJune 28, 2024 19

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