Invest International’s Post

🚀 𝗧𝘂𝗿𝗻𝗶𝗻𝗴 𝘄𝗮𝘀𝘁𝗲 𝗶𝗻𝘁𝗼 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆: 𝗽𝗼𝘄𝗲𝗿𝗶𝗻𝗴 𝟲𝟬,𝟬𝟬𝟬 𝗝𝗼𝗵𝗮𝗻𝗻𝗲𝘀𝗯𝘂𝗿𝗴 𝗵𝗼𝗺𝗲𝘀 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 Today in Johannesburg, Aukje de Vries, Minister for Foreign Trade and Development Cooperation of the Netherlands and the Embassy of the Kingdom of the Netherlands in South Africa, attended the signing of the grant arrangement for the City of Johannesburg’s Alternative Waste Treatment Technology Project — marking an important milestone in South Africa’s transition toward sustainable waste management and renewable energy. We’re proud to announce that Invest International is supporting the project with a R550 million (€27.5 million) grant through the DRIVE programme, implemented on behalf of the Ministry for Foreign Trade and Development Cooperation of the Netherlands. This project brings together the Infrastructure Fund, the City of Johannesburg, and private-sector partners through a public-private partnership model. ♻️ The impact: Transforming waste into clean energy Each year, the project will divert 500,000 tonnes of waste from landfills — about 31% of Johannesburg’s annual waste — and convert residual waste into 28 megawatts of electricity, enough to power 60,000 households. It will also enable the recovery and recycling of 175,000 tonnes of waste annually, extending landfill lifespan and reducing methane emissions.