By Thulani Mpofu The Development Bank of Southern Africa (DBSA) and the European Investment Bank (EIB) have approved a $220mn package to support the growth of South Africa’s renewable energy sector. Announced in a joint release on September 11, the loan is in addition a $440mn facility they unveiled at COP27 in Egypt in 2022 to back private sector solar and onshore wind energy project in Africa’s most advanced economy, whose energy mix is also its most coal-reliant. The EIB will provide $110mn which the DBSA will match. ‘Our enduring and strong partnership with the EIB has taken an exciting st…