Investors will be able to claim back funds for money spent on electric and hydrogen powered vehicles.
Finance Minister Enoch Godongwana says most of the R15bn additional revenue needed will be collected from personal income taxpayers.
The development forms part of DP World’s over-arching strategy to reduce its carbon footprint.
Africa’s most populous nation, Nigeria, has the most power outages per annum – 394.
$20 billion will be invested in the local manufacturing of port equipment as part of the President’s Investing in America agenda.
