In another huge loan of 33.4 billion rand the Chinese Exim Bank (Export-Import Bank of China) will take over the Eskom Facility Plant in South Africa. This was announced by a recent tweet from Exim Bank.
Eskom is a South African electricity public utility, established in 1923 as the Electricity Supply Commission. Eskom operates a number of notable power stations, including Kendal Power Station, and Koeberg nuclear power station in the Western Cape Province, the only nuclear power plant in Africa.
Eskom generates 95% of electricity in South Africa and has the only nuclear power station in Africa.
<img class="aligncenter wp-image-16730 size-full" src="https://sa-news.com/wp-content/uploads/2019/01/Eskom.jpg" alt="Can this actually be true?: Chinese Bank Takes Absolute Control Over All Eskom Power Stations In South Africa" width="960" height="679" srcset="https://sa-news.com/wp-cont