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Maroc Maroc - WN.COM - Africa - 30/Sep 08:53

South Africa awards energy trading license to largest private bank

Investec has become one of the first financial institutions in South Africa to be awarded a license to buy and sell energy, beginning with a 50 MW solar project currently under construction. There are now 14 private companies with an energy trading license in South Africa. Johannesburg-based finance company Investec has been awarded an energy trading licence by the National Energy Regulator of South Africa (NERSA). The license allows the...

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