South Africa plans to tap global appetite for green bonds to help fund an infrastructure program worth as much as R2.3-trillion over the next decade. Winning over the private sector and streamlining the project-approval process will be key to the drive, launched by President Cyril Ramaphosa in June to revive an economy that was already in recession before the coronavirus struck and is expected to contract by the most in nine decades this year. In July, 62 priority projects were announced in the first stage of the program.
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