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DIRCO dismisses reports on tense relationship between SA and EU
DIRCO dismisses reports on tense relationship between SA and EU
The Department of International Relations and Cooperation (DIRCO) has denied allegations of strained relations between South Africa and the European Union (EU).
This follows certain media reports that alleged that South Africa did not respond to the EU’s requests for a high-level summit, leading to speculation about tensions between the two sides.
There were also allegations that South Africa reportedly ignored the request for an EU summit for a year.
However, DIRCO and the delegation of the EU to South Africa said they “regret the misrepresentation” made by the media outlets.
“We would like to reject the claim made by these media outlets that the Republic of South Africa has not responded to several requests by the European Union to hold a bilateral South Africa-European Union Summit during 2023,” the statement read.
On the contrary, the department said South Africa and the EU have maintained a regular exchange throughout 2023 to prepare for their bilateral summit.
This includes a Ministerial Forum in South Africa in January 2023, bilateral contacts at the Heads of State level, and ministerial visits to both Pretoria and Brussels.
The department believes that those contacts have been intensified and strengthened since the beginning of 2024 through a Bilateral Meeting between Minister Naledi Pandor and High Representative Josep Borrell Fontelles on the margins of the G20 Meeting of Ministers of Foreign Affairs in Brazil.
According to the department, the relations have also been reinforced by Deputy Minister Alvin Botes’s visit to Brussels to participate in the Indo-Pacific Forum and the visit of EU Ambassadors from the Political and Security Committee to Pretoria.
The Director-General of the DIRCO, Zane Dangor, hosted the Bilateral Political and Security Dialogue Forum and the Human Rights Dialogue, along with his counterparts from the European Union (EU) in Pretoria.
He also participated in the Minister’s meeting with EU Ambassadors in Cape Town.
The department said that it was in this context that they reject the claim made by the media outlets that the delays to the summit are sending a negative signal about future relations between the EU and South Africa.
“The above-mentioned regular high-level visits and engagements illustrate the strength, depth and wide-range scope of the strategic partnership between the European Union and South Africa.
“Against this backdrop of partnership and dialogue, and in a decisive year for democracy and multilateralism across the world, South Africa and the European Union continue to work closely together and, as part of it, to identify a suitable date for their bilateral summit,” the department explained.
Ambassador of the EU to South Africa, Sandra Kramer, also took to X, formerly known as Twitter, to dismiss the allegations.
“This is false and misleading indeed. South Africa and the EU are working closely towards holding a summit. A quick check-in with me or @Zwandid [Zane Dangor] would have confirmed that for you,” she added. – SAnews.gov.za
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Wed, 04/10/2024 - 10:31
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Mopping up and damage assessment continue after cut-off low system
“Although the extreme weather is over, the public are asked to please be aware of potentially dangerous conditions in large parts of the province,” Anton Bredell, Western Cape Minister of Local Government, Environmental Affairs and Development Planning said today.
During the Joint Operations Meeting hosted by the Provincial Disaster Management Centre (PDMC) it was highlighted that many secondary roads and low-level river crossings are still flooded. The following road safety aspects were highlighted for the public:
- Please obey all road signs.
- If you are driving and come across flooded roads, please take great care.
- If the water is too deep for you to see the roadway, turn around and take another route.
- Where roads are underwater, the roadway may have been damaged or washed away.
- There may be obstacles under the water that you cannot see.
- Water flow may be strong enough to wash your vehicle away.
- Keep yourself and your loved ones safe on the road.
Rock falls and mudslides will remain a real danger for the next week or more, and the public are asked to remain vigilant in this regard.
Western Cape Premier Alan Winde inspected the Bot River at the N2 earlier today which was washed away during heavy rainfall last year. He also visited the Buffelsjag River bridge near Swellendam which was overflowing as a result of the heavy rainfall. “I was relieved to see that the N2 at Bot River withstood the recent heavy rainfall. I appeal to the public to please exercise extreme caution on our roads following the severe weather.”
Premier Alan Winde said that the focus now shifts to humanitarian work, such as identifying people who lost their shelter and access to basic amenities during the storm. “Through the coordination of our Department of Social Development, we are working closely with the NGO sector, local municipalities, as well as national departments to ensure that affected people receive shelter and food.”
Municipalities will now start with damage assessments with the support of the Provincial Disaster Management Centre and relevant government departments. Once compiled, the PDMC will approach the National Disaster Management Centre for a disaster classification, which is the first step in applying for additional funding to repair damages.
In the Rarden Route, it was reported that most estuaries are subsiding from the very high levels reported yesterday. Gamkaskloof is still flooded, with reports of a total of 12 people possibly needing evacuation. The Gamkapoort dam, which reached a highpoint of 154% late last night, has already dropped to 146% early this morning. There will be focus today on evaluating the conditions of the Matjiesvlei and Huysrivier area, also with the possibility of some people being cut off from main access routes.
According to the South African Weather Services no additional weather warnings are being issued, although light rain during the day, and possible showers later in the afternoon will persist over parts of the Southern Cape today.
Distributed by APO Group on behalf of Republic Of South Africa: Western Cape Provincial Government.
Update on impact of severe WC weather system
Premier Alan Winde and members of the Western Cape Government (WCG) Cabinet received an update this morning on the impact of the severe weather that affected large parts of the Western Cape over the past 72 hours. “Conditions have stabilised in the western parts of the province but there is heavy rainfall and rising water …
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Vantage Capital invests R346m into Procera Group
Vantage Capital (www.VantageCapital.co.za), Africa's largest mezzanine debt fund manager, announced that it has made a R346m investment into Procera Group (Pty) Limited (“Procera”), a leading South African business process outsourcing (BPO) services provider serving both South African and international clients.
Vantage's investment comprises of the acquisition of a significant minority equity stake from the Procera founders as well as the provision of a mezzanine facility to support future strategic acquisitions by Procera.
Founded in 1990 as a debt recovery solutions provider, over the last three decades Procera has evolved into an integrated BPO services group offering support solutions to its clients via several distinct brands along the customer life cycle. Procera currently services over 50 local and international blue-chip clients across key industries such as Retail, Financial Services, Energy and Telecommunications in geographies including South Africa, Namibia, United Kingdom, United States and Australia.
Procera's investment into its proprietary contact centre software, deployment of emerging technologies such as predictive analytics, generative AI and omnichannel communications continue to improve productivity and the customer experience. With over 2700 employees, Procera is a significant driver of impact through employment, training and skills development, especially for women and youth in the communities within which it operates.
South Africa is consistently ranked in the top two BPO locations globally driven by factors including customer experience supported by an empathetic English-speaking workforce and cultural affinity to various source markets, a favourable time zone, and its abundance of youth talent. The South African BPO market is expected to achieve a 13% CAGR over the next five years ahead of global growth forecasts for the sector of 8.5% CAGR. The sustained global growth is driven primarily by corporates seeking to effectively manage costs and streamline business functions.
Roshal Ramdenee, Associate Partner at Vantage Capital, said “Vantage sees a tremendous opportunity for both job creation as well as a positive economic impact as Procera continues its rapid international expansion and drives market leading technological solutions in the BPO space. Vantage is proud to partner with a very capable management team and committed long term investors.”
Warren van der Merwe, Managing Partner at Vantage Capital, added “It is rare in the current economic environment to find fast-growing South African businesses and ones that are truly competitive in developed markets. Procera's founders, shareholders and management team have built an admirable business to date, and we are excited to invest into Procera's next stage of growth and development.”
Crispin Sonn, Chairman at Procera added “We are very pleased to have the long-term support of Vantage and its team of seasoned investors as we look to grow the Procera's business services footprint into international markets.”
PWC acted as financial advisor to the transaction, Werksmans acted as legal counsel for Vantage. Other advisors to the transaction included Step Advisory, Ernst and Young, Webber Wentzel, Eversheds, STBB, and IBIS Consulting.
Distributed by APO Group on behalf of Vantage Capital Group.
For more information contact:
Warren van der Merwe
Managing Partner – Vantage Capital
warren@vantagecapital.co.za
+ 27 (0) 11 530 9100
Roshal Ramdenee
Associate Partner – Vantage Capital
roshal@vantagemezzanine.com
Darshan Shah
Senior Associate – Vantage Capital
darshan@vantagecapital.co.za
About Vantage Capital:
Vantage Capital Group was established in 2001 and is the largest independent pan-African mezzanine debt fund manager on the African continent. It has raised funds of US$ 1.6 billion in seven distinct mezzanine and renewable energy debt funds as well as in a technology fund and has to date made 61 investments across the African continent.
Vantage has an office in Johannesburg, employees based in Cape Town, Nairobi, Lagos, Cairo, London, Dubai and Paris, and targets investment opportunities, with a focus on mezzanine debt, of US$ 10 - 50m across more than a dozen key African markets. Mezzanine debt is an intermediate form of risk capital, which is situated between senior debt, the lowest risk tranche of the capital structure, and equity, the highest risk. It combines elements of both debt and equity thereby providing companies with long-term funding on terms which are less dilutive to shareholders than pure equity.
Vantage recently launched an education investment platform which is targeting the education markets of Poland, Czechia, Romania, and Portugal.
Website: www.VantageCapital.co.za
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More Than 220 Young Men Now Empowered To Be Safety Champions
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WC Update on Coordinated Disaster Management Response to Severe Weather
Premier Alan Winde, members of the Western Cape Government (WCG) Cabinet, municipal officials and other stakeholders were given a briefing early this morning at the Provincial Disaster Management Centre (PDMC) on the severe weather conditions affecting numerous areas in the province. The Joint Operational Centre has been activated to coordinate the overall provincial disaster response. …
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Africa Data Centres and DPA Southern Africa (SA) breaks ground on solar farm in Free State
Africa Data Centres (www.AfricaDataCentres.com/) and DPA SA have broken ground on their solar farm in the Free State; The first phase will see power getting wheeled to its CPT1 facility; The second phase will see power being supplied to JHB1 and JHB2 once wheeling agreements with relevant municipalities conclude.
Africa Data Centres, a business of the Cassava Technologies group, is pleased to announce that it has broken ground on the construction of a solar farm in the Free State in collaboration with DPA Southern Africa.
This announcement forms a crucial component of the 20-year Power Purchase Agreement (PPA) inked in March 2023 with DPA Southern Africa a joint company of the French utility, EDF. The objective of the Free State farm is to furnish renewable energy to Africa Data Centres sites, commencing with its cutting-edge, carrier-neutral data centre in Cape Town, the CPT1 facility.
According to Cassava Technologies' President and Group CEO, Hardy Pemhiwa, “This initiative positions Africa Data Centres as a trailblaser in the data centre industry in responding to South Africa's energy crisis through sustainable technology solutions. This is in line with a broader industry shift towards innovative, eco-friendly practices. The strategic use of solar power showcases technology's role in pioneering solutions for energy challenges and environmental sustainability”.
Furthermore, Tesh Durvasula, CEO of Africa Data Centres, underscores the commitment to powering all data centres with clean, renewable energy sources. "Today's announcement represents a significant stride in our initiative to energise South African data centres sustainably, advancing our objective of achieving carbon neutrality. The first phase involves constructing the 12MW solar infrastructure to power our Cape Town data centre, with subsequent phases extending to our Johannesburg data centres.”
Nawfal El Fadil, the CEO of DPA SA, states, "Africa Data Centres, as a pioneer in the data centre industry, has consistently demonstrated a strong commitment to sustainability, aligning seamlessly with our company's values. We are thrilled and honoured to contribute to Africa Data Centres' mission of achieving carbon neutrality, beginning with the establishment of this solar power plant in the Free State to serve their data centre in Cape Town. At the heart of our collaboration lies a shared understanding that the path to carbon neutrality extends beyond infrastructure—it demands innovation, expertise, and collective determination to overcome challenges. DPA SA, backed by EDF's legacy, brings a wealth of experience and a proven track record in delivering high-quality, sustainable energy solutions to this partnership."
"We take immense pride in supporting Africa Data Centres on this journey, being among the pioneers in launching a wheeling solar plant, thereby paving the way for a greener, more sustainable future in South Africa," adds Nawfal El Fadil.
This project is a key element of Africa Data Centres' ambitious plans to emerge as the most sustainable colocation provider on the continent. "Beyond procuring renewable energy, our commitment to an efficiency strategy has earned us the internationally recognised ISO50001 certification for the effective operation of our data centres," Durvasula elaborates.
"Data centres worldwide face scrutiny for their reliance on grid power and renewables, and Africa is no exception. Africa Data Centres is actively addressing this issue by generating renewable energy, alleviating strain on the local grid. Additionally, our sustainability objectives encompass achieving net-zero status at all facilities, making this project another significant stride towards reaching that goal," concludes Durvasula.
Distributed by APO Group on behalf of Africa Data Centres.
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About Africa Data Centres:
Africa Data Centres is your trusted partner for rapid and secure data centre services and interconnections across the African continent.
Africa Data Centres is Africa's largest network of interconnected, carrier and cloud-neutral data centre facilities. Bringing international experts to the pan-African market. We are your trusted partner for rapid and secure data centre services and interconnections across the African continent. Strategically located, our world-class facilities provide a home for all your business-critical data. Proudly African, we are dedicated to being the heart that beats your business.
Africa Data Centres' aim is to unveil various business opportunities and to develop a strategic network of partnerships. This will further strengthen Africa Data Centres' superiority in providing our customers with the highest standard of interconnected, carrier and cloud-neutral data centre facilities throughout Africa. www.AfricaDataCentres.com/
About Cassava Technologies:
Cassava Technologies is a technology leader providing a vertically integrated ecosystem of digital services and infrastructure enabling digital transformation. Launched in 2021, the company was born out of a need to create a digitally connected future that leaves no African behind. Through its subsidiaries, namely, Liquid Intelligent Technologies, Liquid Dataport, Liquid C2, Africa Data Centres, Distributed Power Africa, Sasai Fintech and Telrad, Cassava is a multinational technology company that has operations across key growth markets like Africa, the Middle East, Latin America and the United States of America. Cassava provides its customers in 94 countries with offerings that will help them grow, transform, and expand their operations. https://apo-opa.co/3U7rdmB
About DPA Southern Africa:
DPA Southern Africa, a joint company of the French utility EDF and Distributed Power Africa, is at the forefront of the Southern African renewable energy market for businesses, laying the foundation for a sustainable and environmentally conscious future in South Africa and beyond.
Our commitment is to assist companies in achieving carbon neutrality and cost savings simultaneously by providing tailor-made renewable energy solutions that meet the specific needs of businesses. Our comprehensive offerings include on-site, wheeling, and storage solutions, offering businesses a holistic approach to sustainable energy management.
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