Africa taps blended finance to unlock waste-to-energy projects

From the newsletter

The City of Johannesburg is set to transform its waste management and energy generation with a $29 million grant from Dutch development finance institution Invest International for a WtE facility. The Alternative Waste Treatment Technology (AWTT) Project will process 500,000 tonnes of municipal waste annually, generate 28 MW of electricity, and recover 175,000 tonnes of recyclable materials.

• The bulk of the $285 million AWTT Project cost will be financed by private-sector investment through a public-private partnership (PPP), combining equity and commercial debt with concessional funding and subsidies.

• Blended finance is increasingly being used to support Africa’s waste-to-energy (WtE) sector, combining public, private, and concessional funding to de-risk projects and attract large-scale, sustainable circular infrastructure investments.

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