South Africa · ENERGY

Key Facts

—First close: The SA-H2 Fund reached a first close of R3-billion in August 2026, with the Public Investment Corporation among the investors.

—Target size: Climate Fund Managers aims for a final close of R12-billion by mid-2028, with a total target of about US$750 million.

—Early projects: The fund committed US$20 million to the Hive Hydrogen Coega Green Ammonia Project and up to US$4 million to Green eFuels Producers.