BY KWANELE TSABEDZE
MBABANE – “Energy is the key to unlock investments into the Kingdom.”
These were the words of Standard Bank Eswatini Chief Executive Officer (CEO), Mvuselelo Fakudze when speaking earlier today.
Fakudze was speaking at a breakfast meeting session which was organised and hosted by the High Commission of the Republic of South Africa.
Fakudze spoke on the potential for green energy investments in the country, as well as in Africa as a whole.
“I took particular interest in the comments made by the President of the Republic of South Africa when he met his counterpart in the DRC and spoke about the potential to revive the much talked about Granda Inga hydropower scheme,” noted Fakudze.
“We are awar of the potential to power Africa from that project. In the interim, the bank is playing a meaningful role in structuring deals for financing some of our clients working on hydro, biomass and solar projects,” added the Standard Bank CEO at the breakfast meeting.
Other attendants at the breakfast session included Business Eswatini, as represented by the CEO E. Nathi Dlamini, as well as Woman Farmer Foundation, as represented by Founding Director, Sonia Paiva, among others.
