Nedbank sees SA clean energy loans jump to R50bn.

Nedbank wants to almost double its lending to green energy projects in South Africa over the next two years as it seeks to cement its position as a market leader in funding renewable power projects. The bank’s lending toward the government’s Renewable Independent Power Producer Program — aimed at boosting privately generated electricity in the nation — may jump to about R50 billion ($3 billion) in the “short-to-medium term” from R29 billion, said chief executive officer Mike Brown. <a href="https://kaya959.co.za">Kaya 959</a>