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VFS Global appointed to offer new Indonesia e-Visa on Arrival service to South Africans, 96 other nationalities

Location: News
VFS Global

  • New Indonesia Electronic Visa on Arrival (e-VoA) service to commence in the first half of December 2024.
  • Group booking facility to be available for the benefit of travel trade and conventions.

Indonesia has set an ambitious target of welcoming 14 million visitors in 2024 and achieved 9.92 million arrivals from January to August 2024. The user-friendly eVoA solution aligns with Indonesia's ongoing efforts to enhance its tourism infrastructure and services. In the African region, South Africa accounts for the highest number of tourist visitors who travel to Indonesia.

Travellers will soon be able to enjoy a quicker and smoother visa application journey through VFS Global by completing the entire process online before departure and receiving a pre-approved e-VoA. The e-VoA can be easily obtained by visiting VFS Global website, submitting all the required documents, and paying the necessary fees online prior to travel. Once the application is submitted, travellers can receive their visas on their email before departure. With the payment having been made online, travellers can enjoy a smoother and faster entry experience through E-gates or immigration counters.

Mr. Silmy Karim, Director General of Immigration of Indonesia, said, “The Directorate General of Immigration offers the latest digital solutions that enhance the experience for foreign nationals who wish to visit Indonesia. In our collaboration with VFS Global, we aim to effectively contribute to increasing the arrival of foreigners, taking into account the network and digital platform owned by our partners.”

Mr. Zubin Karkaria, Founder and Chief Executive Officer, VFS Global Group said, “Indonesia is a very popular destination for travellers across the globe, and we are excited to unveil a service that will make their visa application process quicker, simpler and much more convenient. This user-friendly and highly secure digital e-Visa on Arrival (e-VoA) service will considerably enhance the visa application experience, thereby facilitate increase in tourism to the country. We are honoured to partner with the Directorate General of Immigration under the Ministry of Law and Human Rights and the Ministry of Tourism and Creative Economy of the Republic of Indonesia for this service."

Travellers applying for Indonesia e-VoA via VFS Global will get a dedicated email and live support in seven languages - English, Mandarin, Japanese, Korean, Arabic, German, and French – to help them with their queries. VFS Global will add more language support in due course of time for key markets.

VFS Global's new e-VoA platform will ensure all the documents applicants submit are complete and error-free. It also offers OCR technology which will enable applicant details to be auto populated, thereby saving time and effort for applicants. The new platform will also provide group booking facility which could be beneficials for travel trade and conventions. To further support this initiative, VFS Global has tied up with Emirates to make Indonesia e-Visa on Arrival (e-VoA) application service seamless for Emirates passengers. 

Distributed by APO Group on behalf of VFS Global.

Media Contact:
georgec@vfsglobal.com
Corporate Communications
communications@vfsglobal.com

About VFS Global:
As the world's leading outsourcing and technology service specialist, VFS Global embraces technological innovation including Generative AI to support governments and diplomatic missions worldwide. The company manages non-judgmental and administrative tasks related to applications for visa, passport, and consular services for its client governments, increasing productivity and enabling them to focus entirely on the critical task of assessment.

With a responsible approach to technology development, adoption and integration, the company prioritizes ethical practices and sustainability while serving as the trusted partner to 69 client governments.  Operating over 3,400 Application Centres in 153 countries, VFS Global has efficiently processed more than 297 million applications since 2001.

Headquartered in Zurich and majority owned through investment funds managed by Blackstone Inc, along with the Swiss-based Kuoni and Hugentobler Foundation and EQT, VFS Global is committed to creating value for all stakeholders and leading in responsible, innovative solutions making government services more effective and efficient.

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Read moreVFS Global appointed to offer new Indonesia e-Visa on Arrival service to South Africans, 96 other nationalities

Private sector an important player in education sector

Location: News

Private sector an important player in education sector

Basic Education Minister Siviwe Gwarube has called on the private sector to consider taking their involvement in the education sector to the next level. 

The Minister highlighted that the private sector has the resources, expertise, and capacity to make an enormous impact on the education landscape. 

In addition, the country has seen more private sector entities involved in education initiatives investing in infrastructure, providing technology, supporting teacher training, and even partnering with educational institutions to design relevant, future-oriented curricula. 

The Minister was addressing the Partnerships for Education Business Breakfast held at the Johannesburg Council for The Disabled (JOCOD) in Lenasia on Monday. 

The business breakfast was designed to foster meaningful dialogue and establish partnerships to alleviate budgetary constraints in the education sector. 

Minister Gwarube used the event to outline her strategic priorities for the seventh administration and to discuss how the public-private sector collaboration can drive sustainable improvements in the education system.

“Today, I want to call on our private sector partners to consider taking their involvement in the education sector to the next level. 

“As South Africa’s seventh administration in the Government of National Unity [GNU], we are fully committed to improving education outcomes across the country. 

“We recognise that this cannot be achieved by government alone. The private sector has a significant role to play, and we are here to facilitate, support, and collaborate with you in ways that make the greatest impact,” she said, adding that a step-change investment in education means more than just financial support, it means active participation. 

The Minister invited the private sector partners to work closely with the Department of Basic Education (DBE) to co-create programs that build the skills needed for a competitive and productive economy. 

“We need your input, your insights, and your innovation to help shape our education system in a way that prepares learners for real-world challenges and opportunities.”

Investing in quality education

With the country having ushered in a GNU in May, the Minister emphasised that education was an important issue that everyone can agree on, regardlessof their political inclinations.

She said every single South African has a vested interest in the quality of the nation’s education sector while adding that since the dawn of democracy, much has been done to provide access to basic education.

However, 30 years later, she said the nation now needed to shift its focus to quality education.

The Minister referred to an international study that revealed that about the 80% of learners who were tested (as a sample) could not read for meaning in any language.

While this was a small sample, she said that this was gravely concerning.

“If we do not fix literacy – which is reading, writing and counting – the DBE had failed on its core function. This is why every single priority in the seventh administration speaks to this goal.

“We must make sure through early child learning; we can achieve the goal of reading for meaning by Grade 4. Government has a tendency to focus only on the quality of outcomes like the matric pass rate – but not on the foundations of learning.

“I endeavour to reorientate this planning and thinking. Let us get the basics right and we will achieve a great deal in the education sector,” the Minister said. 

Minister Gwarube emphasised that quality education is the foundation upon which the country can build a prosperous future. 

“It is the tool that will empower our young people to innovate, to lead, and to contribute meaningfully to their communities and economies. 

“However, to achieve this, our education systems must be strong, inclusive, and responsive to the needs of a modern workforce.”

She further emphasised the need to provide not only foundational literacy and numeracy but also the skills necessary for the jobs and challenges of the 21st century which are digital literacy, critical thinking, adaptability, and creativity.

Priorities 

Touching on the priorities, the Minister said the 7th Administration has identified several key priorities which include improved access to and strengthen the quality of Early Childhood Development (ECD). 

“A strong foundation is important for literacy and numeracy. Early Childhood Development sets the stage for lifelong learning and personal development. We want every child in South Africa to leave our ECDs with a solid foundation in reading and counting,” the Minister said. 

Other priorities are improving literacy and numeracy across all phases of schooling, special education, accelerated teacher development and safety in schools. 

“Learners need safe, conducive environments where they can focus on their studies without interruption. This includes basic facilities such as dignified flushing toilets, but also learning environments free from crime, extortion rackets, contaminated food products and other dangerous chemical,” she said. 

The Minister noted the high number of learners who have fallen ill and children from Naledi in Gauteng who tragically lost their lives due to food bought from local spaza shops and consumed on school premises. 

“Last week Wednesday I began a process to ban the dangerous chemical known as organophosphate from all schools in South Africa. This is a proactive measure to prevent the risk of this chemical ever being used as a pesticide in any of our schools,” she said.

READ | Food poisoning incidents managed at highest level, says President Ramaphosa
 – SAnews.gov.za

DikelediM
Mon, 11/11/2024 - 14:39

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Read morePrivate sector an important player in education sector

Mining industry a “sunrise industry”

Location: News

Mining industry a “sunrise industry”

Mineral and Petroleum Resources Minister Gwede Mantashe has described the mining industry as a “sunrise industry” that is diversifying from bygone eras.

The Minister said this during his address at the Mintek @90 Conference held in Sandton on Monday.

Mintek is, among other things, the national research and development entity specifically focused on mining and metallurgy.

“Mintek continues to focus on conducting research that will not only have impactful outcomes for the industry but drive technological innovations that will have a positive societal impact, stimulate economic growth, reduce unemployment and inequality, as well as eradicate poverty in South Africa.

“Thanks to the work that is being pioneered by the entity, in collaboration with the industry and various research institutions, that we can now confidently describe the South African mining industry as a sunrise industry that is diversifying from the gold mining era to a diversified industry with the world’s largest reserves of platinum group metals [PGM], manganese, chrome, coal, vanadium, and rare earth minerals,” Mantashe said.

The Minister highlighted that as the need for transition towards renewable energy sources builds up steam, so will the need for PGM rise and this is where Mintek can become a “significant player” on a national, continental and global stage. 

“The need for the world to transition from high carbon emissions to low carbon emissions has increased the demand for ‘green’ minerals. As the world’s largest producer of manganese and chrome, the South African manganese and chrome sectors are equally poised to play a significant role in the global automotive and construction industries given the expected demand for green technologies and electric vehicles.

“As we continue to engage the manganese and chrome producers on mineral value-addition close to the point of production, given its existing pioneering research capabilities, Mintek can be a significant player in the global clean energy economy.

“While there is no universal consensus on the “critical minerals”, the approach by Mintek in developing South Africa’s critical minerals strategy is poised to guide not only South Africa’s, but Africa’s responsible exploration, processing, and exporting of these essential resources,” he said.

Turning to the challenge of illegal mining in the country, Mantashe revealed that Mintek is playing a role in “tackling ownerless and derelict mines by closing the holes that were left behind, thereby help in combating illegal mining and trading in ores”.

He added that the entity is also engaged in work to improving mining processes and efficiency.

“Although funding for this project is not sufficient, there is visible progress which aligns with the government's commitment to addressing environmental sustainability and fostering sustainable growth within the industry.

“Furthermore, Mintek continues to lead the way in driving technological innovations that enhance metal recovery from both conventional and emerging processes. 

“Its focus on continually improving these processes and ensuring the efficient utilisation of energy and water resources by developing technologies to minimise environmental pollution, reflect government’s commitment to safe reclamation of waste, and further promotes broader environmental sustainability within the sector,” the Minister said.

Mantashe emphasised that the success of South Africa’s mining sector – which has contributed at least 6.3% to the nominal Gross Domestic Product this year – rests on not only on research and development but also on collaboration between government, the private sector and academia.

“These collaborations are essential for driving progress and fostering innovation, thereby enable us to tackle the complex challenges we face. By working together, we can leverage diverse expertise and resources, thus ensuring that our collective efforts are aligned with the industry's pressing needs.

“Such synergy not only enhances our ability to respond effectively to market demands but also promotes sustainable practices that benefit the economy and the environment.

“For the next 90 years, Mintek is poised to continue its trajectory of innovation and excellence in mineral technology. The ongoing commitment to advancing techniques in mineral extraction, refining, and processing will be pivotal in addressing both the current and emerging challenges in the industry,” Mantashe said. – SAnews.gov.za

 

NeoB
Mon, 11/11/2024 - 11:57

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Statement by the Chairperson of the Portfolio Committee on Communications and Digital Technologies on the Withdrawal of the SABC Bill by Minister Malatsi

Location: News

Republic of South Africa: The Parliament
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The Chairperson of the Portfolio Committee on Communications and Digital Technologies, Ms Khusela Sangoni Diko, has noted with grave concern the decision of the Minister of Communication and Digital Technologies, Mr Solly Malatsi, to withdraw the South African Broadcasting (SABC) Bill from Parliament, as reported in the Sunday Times today, 10 November 2024. The Portfolio Committee has not yet been formally notified of the withdrawal of the proposed legislation in line with the Rules of the National Assembly.

Nonetheless, the report states that the minister has decided to withdraw the Bill, believing it is “totally flawed”, does not address the funding model of the public broadcaster and assigns too much power to the minister in appointing board members. While appreciative of the fact that as the executive authority, the minister may rescind the Bill for whatever reason before its second reading in the House, the Chairperson holds that this decision by the minister would be highly ill-advised, and it is no exaggeration to say it would sound the death knell for the South African Broadcasting Corporation.

The challenges facing the SABC require a considered and urgent response, not trigger-happy action, which serves no purpose but to frustrate and disrupt processes already underway. To withdraw the Bill at this stage means to delay the implementation of crucial reforms necessary to save yet another crucial and strategic public institution. Initiated by the government in 2018 and only introduced to Parliament in October 2023, the SABC Bill seeks to, among others, provide for the continued existence of the SABC, provide for its governance and consequently amend the Independent Communications Authority of South Africa (ICASA) Act and the Electronic Communications Act (ECA). To date, the Bill has undergone a thorough public participation process, with the sixth Parliament having received about twenty written submissions from the SABC itself, academia, youth representatives, organised labour, and other interested parties. The 7th Parliament, understanding the urgent challenges facing the public broadcaster, prioritised this critical legislation and held oral hearings into the submissions in September 2024. The committee diligently studied and interrogated these submissions, and all concerns raised by stakeholders were attended to. The Department of Communications and Digital Technologies (DCDT), which the minister leads, was expected to have responded to the issues raised during the public participation process by the 17th of October 2024.

This process underway and agreed to by the committee and in the Minister's presence would have provided the committee with a clear way forward to amend the Bill as provided for in the Rules of Parliament and subvert any unnecessary delays in the processing of this sorely needed legislation. The Chairperson remains convinced that the issues raised by civil society, including the Democratic Alliance, relating to a lack of clarity on the funding model of the public mandate of the SABC, time limits on the President on the appointment of the SABC Board, the creation of a subsidiary Commercial Company and Board and the potential “lack of independence” in the appointment of the subsidiary Commercial Company, were not insurmountable and could have been remedied through an amendment by the committee. Rule 286 of the National Assembly Rules explicitly confers authority on parliamentary committees to amend or, where necessary, redraft bills before them. Thus, the Chairperson strongly believes that an attempt to withdraw this Bill from Parliament will delay and derail the transformative and developmental interventions the government has been pursuing in state institutions.

Ms Diko said that the committee has been at pains to put in place a fast-tracked process to finalise the SABC Bill, the absence of which has created a serious legislative vacuum that has dire consequences. “To this end, the government and even the committee itself had initiated various engagements with stakeholders on the possible funding model for the public mandate of the SABC – the most substantive and urgent of the concerns raised against the Bill.” Another of the major concerns coming from the public participation process was the need for the speedy finalisation of the Audio and Audio-Visual White Paper, and Ms Diko would like to urge the Minister to prioritise the finalisation of the White Paper before canning a process underway as this has a bearing on the amendment of the Bill.

She further said that the public broadcaster could not be allowed to fail because its demise would spell unmitigated disaster also for SENTECH, the country's signal distributor, with a ripple effect to over 130 community radio stations, several private broadcasters including commercial radio and TV stations and ICT service providers. Ultimately, the most affected stakeholders would be communities across the country, which rely on public broadcasters to provide them with news and public information that impacts their lives and is delivered in all official languages, including sign language. It is undisputed that SABC is the only broadcaster with the capacity, reach and ability to deliver on this important mandate.

Ms Diko commends the SABC leadership and staff for the immense strides recorded over the last two years, saying that they are a testament to the dedication and patriotism of the hardworking men and women of the public broadcaster, who, despite enormous pressure and financial constraints, were resolute that the show would go on. In the 2023/24 financial year, the SABC has turned the corner on its financial management, achieving an unqualified audit opinion once again after nine years.

“Should the reports of the minister's decision to withdraw the Bill be true and due to the gravity of the situation at the public broadcaster, we urge the DCDT to accelerate the process of reworking the Bill and reintroduce a new version to Parliament within the current financial year. In the meantime, the committee will invite the minister to indicate how, in the interim, the financial situation at the public broadcaster shall be improved to ensure sustainability until this much-needed legislation is amended and the issues attendant to it are resolved. Failure to reintroduce the Bill timeously will leave individual members of the committee or the committee itself with no option but to entertain introducing a committee or Private Members' Bill in the best interest of the SABC for consideration by Parliament,” said Ms Diko.

Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

Read moreStatement by the Chairperson of the Portfolio Committee on Communications and Digital Technologies on the Withdrawal of the SABC Bill by Minister Malatsi

COP29 expected finalise financing model for developing economies

Location: News

COP29 expected finalise financing model for developing economies

With the United Nations Framework Convention on Climate Change (COP29) taking place this week, South Africa expects the COP29 Presidency to enhance efforts to finalise the New Collective Quantified Goal on Finance (NCQG), which is a matter of great importance for developing economies.

“As I have said before, the current financing mechanisms have proven insufficient in scale and effectiveness, highlighting the urgency for a new financing model,” Minister of Forestry, Fisheries and the Environment Dr Dion George said on Sunday.

The Minister expressed confidence in the South African delegation who will be participating in the COP29 as they departed to attend the conference.

COP29 kicks off on Monday, 11 November and will conclude on Friday, 22 November in Baku, in Azerbaijan.

George will join the South African team in Baku as head of the delegation this week.

READ | SA prepares for UNFCCC COP29

COP29 is expected to focus on intensifying efforts to quantify resources for developing countries to meet ambitious climate targets under this year’s theme of “In Solidarity for a Green World.”

The climate change conference takes place at a critical moment of intensifying geopolitical tensions, heightened trade protectionist measures, and divisive approaches on issues such as carbon border adjustments.

COP29 is expected to build on strong leadership and outcomes from Dubai COP28.

The incoming COP29 Presidency has set ambitious priorities and the two-day summit at the start of the conference will get proceedings underway, by bringing together global leaders to raise awareness and accelerate climate action.

“Another key issue for South Africa and other developing economy countries is the adoption of Article 6.4 rules that will allow the immediate implementation of carbon market measures and unlocking new projects that contribute to economic growth, decarbonization of value chains and job creation.

“By establishing transparent and robust mechanisms under Article 6, we can enable countries to work together more effectively,” the Minister said.

George will be co-chairing discussions on mitigation together with his Norwegian counterpart and in their consultations, the Ministerial Pair will be engaging with parties and all negotiating groups to conduct informal consultations on concrete issues related to overcoming barriers and complexities in implementing countries’ Nationally Determined Contributions (NDC) as well as the necessary means of implementation to achieve the 1.5-degree goal and net-zero decarbonisation in 2050.

The NDC cover adaptation, mitigation as well as finance and investment requirements and is based on equity.

George, and his counterpart from Norway, Minister of Climate and Environment Tore Onshuus Sandvik, have been appointed to steer informal consultations on mitigation before and during the COP29.

The Ministerial Pair was appointed by COP29 President-designate and Minister of Ecology and Natural Resources in the Republic of Azerbaijan, Mukhtar Babayev.

READ | SA, Norway Ministers to drive talks on climate change mitigation

“I have full confidence in our negotiating team, and I encourage all South Africans to follow proceedings on all online platforms. I look forward to joining the team shortly,” George said.
Once again, South Africa will be hosting a South African exhibition pavilion at the climate change talks in partnership with the National Business Initiative (NBI).

During the conference a number of dialogues and side events are to be hosted at the Pavilion to showcase the work being done by various South African organisations to raise awareness, adapt to, and mitigate, climate change. -SAnews.gov.za
 

nosihle
Mon, 11/11/2024 - 09:23

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SANPC Launches Global Investor Roadshow

Location: News
African Energy Chamber

The newly-sanctioned South African National Petroleum Company (SANPC) kicked off its global investor roadshow at African Energy Week: Invest in African Energies on Thursday, inviting investors and governments to engage with South Africa's oil and gas prospects, while showcasing strategic plans for the new entity.

Speaking on the rationale behind the creation of the SANPC, South Africa's Minister of Mineral and Petroleum Resources, Gwede Mantashe, emphasized the need to rationalize and consolidate the country's many state-owned enterprises. The aim is to maximize efficiencies, streamline the sector, reduce costs and prioritize petroleum development as a catalyst for economic growth.

“The focus is to drive economic growth and development. We want it to grow – we want to get into fossil fuels. We must do it. [We want to] improve operational efficiencies, scale of market and market share,” said Minister Mantashe.

The SANPC operates under a broad mandate to acquire, generate, manufacture, market and distribute all forms of energy, including crude oil, natural gas, coal, renewable energy and biofuels. South Africa's extensive coal bed methane and shale gas resources were highlighted, including the gas-rich Karoo Basin and the Saldanha Bay gas-to-power project. The country also benefits from deep-sea ports, robust infrastructure and a favorable regulatory framework, with the potential to create synergies with nearby oil and gas producers such as Mozambique and Angola.

“We need to start thinking as a region instead of as countries,” said Godfrey Moagi, CEO of SANPC.

South Africa's refining capabilities were also emphasized as a critical priority, with enhancing the country's liquid fuels security identified as a matter of national security and strategic interest. The SANPC stated that in 2024, South Africa is expected to import 70% of its manufactured liquid fuel needs.

“This has put the country at risk, and we are dealing with issues of security of supply. We need to prioritize commercial sustainability for the entire CEF Group to drive economic recovery,” said Moagi. “In South Africa, we import $2.5 billion of crude oil and products. The SANPC is going to change this, so that South Africa looks differently.”

“[Reviving] refining capacity reduces the risk on petroleum supply. We must cushion it with our own refining capacity,” said Minister Mantashe.

Following its formation in 2024, the SANPC will enter its second phase of operationalization in 2025, which includes forming strategic partnerships and alliances, operationalizing its assets, and optimizing its business and service model. Starting in 2026, the company plans to enter its growth phase, deploying an integrated “New Energy” growth strategy, developing and optimizing assets, expanding its portfolio, diversifying revenue streams and advancing its technology and innovation strategy.

The SANPC will host a series of upcoming roadshows spanning Africa, Europe and the Middle East, organized by Energy Capital & Power.

Distributed by APO Group on behalf of African Energy Chamber.

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Limpopo Premier welcomes R120bn in investment pledges

Location: News

Limpopo Premier welcomes R120bn in investment pledges

Limpopo Premier, Dr Phophi Ramathuba, has welcomed the R120 billion in pledges made at the province’s fourth investment conference. 

The conference was held last week in Polokwane.

“We extend our heartfelt thanks to the business sector and all industry leaders, who have partnered with us to uplift our province. 

“These pledges are an important step in transforming Limpopo’s economic landscape, and we are confident that this partnership will bring substantial benefits to the people of Limpopo, who need access to enhanced services and opportunities,” Ramathuba said. 

In a statement after the conference, the provincial government explained that the pledges will propel the province’s development goals.

“The pledged investments are aimed at fueling priority areas for Limpopo’s development, including green energy initiatives, critical infrastructure projects and catalytic ventures that will stimulate industrial growth and support the establishment of industrial parks. 

“These projects are expected to create numerous jobs, ranging from short-term positions to full-time employment opportunities, significantly impacting local communities.

“Implementation of projects funded by these pledges will commence on 24 November 2024 and continue through October 2025. This commitment from the business sector shows the strong support for the province’s seventh administration and its focus on sustainable development and economic resilience,” the statement read. – SAnews.gov.za

NeoB
Sun, 11/10/2024 - 09:45

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Read moreLimpopo Premier welcomes R120bn in investment pledges

Africa’s Energy Infrastructure Can Only Succeed with Enhanced Transmission

Location: News
African Energy Chamber

As the demand for electricity continues to rise across the African continent, it is imperative for countries to act swiftly to enhance transmission capabilities and develop robust infrastructure to secure new energy integration sources over the next 25 years.

A recent report by consulting firm McKinsey & Company estimates that $400 billion will be required to enhance electricity transmission and distribution capacity across Africa by 2050. This investment is critical for modernizing energy infrastructure and ensuring energy security for the continent.

During a panel discussion titled ‘Optimizing Africa's Grid Capacity' at the African Energy Week: Invest in African Energies 2024 conference, Eskom's Transmission Group Executive, Segomoco Scheppers, highlighted the potential of the Electricity Regulation Amendment Act 38 of 2024 for South Africa and its neighboring countries.

This legislation will facilitate the establishment of a market operator in South Africa, creating opportunities for diverse players in the energy sector. “This shift signifies a transformative period in our industry as we adapt to new market dynamics,” he stated.

Despite having interconnections of 400 kV with neighboring countries, Scheppers acknowledged existing challenges. “Strengthening these connections is essential for enhancing regional cooperation and ensuring a reliable energy supply across borders. The reliance on thermal generation in the south, particularly to support countries like Zambia, underscores the need for stronger interconnections,” he explained.

Eskom is further embarking on an extensive domestic expansion program aimed at rapid development – an endeavor that also presents significant challenges. “Learning from global leaders in infrastructure development, particularly from experiences in China, could provide valuable insights into scaling our efforts efficiently,” Scheppers added.

Wang Wenan, Chief Representative, African Representative Office at the State Grid of China, discussed the successful completion of major projects, including the largest long-distance transmission project on the continent — a 500 kV DC line from Ethiopia to Kenya.

However, he noted that fostering private participation in energy projects remains a primary obstacle. “Engaging in dialogues about investment barriers and sharing best practices is crucial for unlocking potential growth in Africa's energy sector,” he emphasized.

Also speaking on the panel, Willy Ireri, Executive Director of Osprey Renewables, highlighted that while East Africa has abundant renewable resources such as wind, solar, and geothermal energy, access to reliable transmission infrastructure in this region also remained a critical challenge. “We are therefore committed to collaborate with state utilities and private investors to ensure that generated electricity reaches emerging green industries in the region,” he said.

With favorable legislation for private investment in transmission expected to be operational by 2025, Osprey Renewables aims to play a vital role in facilitating access to renewable energy for consumers.

“Our mandate at Osprey extends beyond generation; we actively engage across the entire value chain and we are seeing growing interest in green manufacturing and hybrid data centers,” Ireri added, noting that the Kenyan government has initiated proposals inviting independent transmission projects, signaling a positive shift toward increased private sector participation.

Power and Grid Segment President at Schneider Electric, Gary Lawrence, highlighted that a modernization of power grids was also needed. “The traditional grid was designed over a century ago for one-directional flow; today's needs require a bidirectional grid that allows seamless interaction between producers and consumer.”

The industry is balancing supply and demand effectively through initiatives such as collaborating with Egypt's Ministry of Electricity and Renewable Energy to develop distribution control centers that enhance grid intelligence and implementing distributed energy management systems in South Africa.

Distributed by APO Group on behalf of African Energy Chamber.

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Nyusi’s Commitment to Peaceful Transition Sets Example for Mozambique and Africa

Location: News

The Zimbabwe Advocate
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In a powerful demonstration of democratic integrity, Mozambique's President Filipe Nyusi has pledged to step down amid the country's ongoing political crisis, promising a peaceful transfer of power to President-elect Daniel Chapo. This commitment, a rare decision in a region where political transitions are often marked by strife, is a significant move for Mozambique and a message for African leaders facing similar pressures. Nyusi's actions, aimed at reinforcing democracy and stability, echo the sentiment expressed by U.S. Vice President Kamala Harris following a contentious election, emphasizing the critical role of peaceful transitions in sustaining democracy.

Nyusi's decision comes at a crucial time. Mozambique's recent election has been fraught with accusations of voter intimidation, ballot inconsistencies, and alleged interference, which have fueled unrest and raised doubts about the credibility of the electoral process. Opposition protests have erupted in response, with clashes breaking out between demonstrators and security forces. As the situation escalates, Nyusi's decision to step down offers the possibility of restoring public trust in Mozambique's democratic institutions, demonstrating that democratic principles can prevail even under intense political scrutiny.

The gravity of this moment in Mozambique's political journey cannot be understated. Historically, African leaders have often clung to power by altering constitutions or manipulating elections, leading to stagnation and, in some cases, internal conflict. The aftermath of prolonged political battles can be devastating, as seen in Zimbabwe and Côte d'Ivoire, where contested elections led to violence and economic hardship. By pledging to transfer power peacefully, Nyusi breaks from this pattern, underscoring a culture of governance that values institutional integrity, stability, and public trust over personal ambition.

This pledge aligns with Mozambique's recent strides toward democratic reform and economic restructuring. Over the past few years, the country has made notable progress in building a foundation for growth by increasing transparency and establishing frameworks for development. Yet, these gains hinge on political stability, and Nyusi's peaceful transfer of power is critical in sustaining these reforms. By ensuring continuity, he allows President-elect Chapo to inherit a stable environment to address the pressing economic and social issues that face the nation. Economic disparity, insurgency in the north, and internal divisions will require focused attention, which would be difficult to achieve in an atmosphere of continued political conflict.

Nyusi's move is also pivotal for regional stability. Mozambique's role in southern Africa makes its stability critical for neighboring countries. Political instability in Mozambique risks not only stalling its own progress but also destabilizing the broader region. In southern Africa, where democratic challenges are ongoing in countries such as Zimbabwe and South Africa, Nyusi's decision sets a powerful precedent for peaceful power transitions, strengthening democratic norms that benefit the entire region. His choice demonstrates that a leader's commitment to the nation's future can eclipse personal political ambitions, offering an example that other leaders might follow to foster peace and democratic integrity in their own nations.

Yet, Nyusi's commitment to a peaceful transition does not come without its challenges. As opposition groups continue to contest the election outcome, clashes with security forces raise concerns about ongoing unrest. The Southern African Development Community (SADC) has called an emergency meeting to address the post-election turmoil, underscoring the potential risks to national and regional stability. While political accountability is central to democratic engagement, the opposition's continued protests pose the risk of prolonged instability. Precedent across Africa has shown that when political actors resist peaceful power transitions, it often leads to violent and economically devastating consequences. By supporting a calm transition, opposition leaders have an opportunity to contribute to the nation's stability and help Mozambique move forward.

The legacy Nyusi leaves is one rooted in democratic values, with his choice to step aside standing as a testament to his respect for Mozambique's future and for the rule of law. In a world where populism and authoritarianism are on the rise, Nyusi's actions serve as a reminder that leadership should prioritize the health of the nation over the ambitions of the individual. His decision may inspire future Mozambican leaders and those across the continent to uphold democratic values and approach governance as a service to the people. By respecting the limits of power, Nyusi sets an enduring standard for African leadership, reminding both current and future generations of the value of putting the nation's stability and democratic integrity above all else.

As Mozambique navigates this transition, it has a chance to model responsible governance and maintain the trajectory of democratic reform. Nyusi's actions have set Mozambique on a path that, if followed, could allow the nation to emerge from this period of uncertainty stronger, more united, and more stable. For Mozambique, for the region, and for Africa as a whole, Nyusi's decision holds lessons that underscore the power of leadership dedicated to the democratic process and the well-being of the nation over individual gain.

Distributed by APO Group on behalf of The Zimbabwe Advocate.

For Information and Commentary:
Adenike Adeodun,
Senior Editor
The Zimbabwe Advocate
+254781435462
news@zimadvocate.com

Read moreNyusi’s Commitment to Peaceful Transition Sets Example for Mozambique and Africa

Africa’s Mineral Wealth and Path to Economic Transformation Showcased at CMA 2024

Location: News
Energy Capital & Power

Africa's holds significant reserves of minerals critical for the global energy transition. The continent boasts roughly 30% of the world's mineral reserves, including immense deposits of cobalt, manganese, natural graphite, copper, nickel, lithium and iron ore.  

As such, this year's Critical Minerals Africa (CMA) 2024 Summit – held from November 6-7 in Cape Town – convened industry leaders, policymakers, service providers and investors to address the urgent demands of Africa's critical mineral value chain. The Summit featured a robust agenda that sought to shine a spotlight on opportunities for Africa to accelerate its mining sector while utilizing its natural resources to promote value addition and drive socioeconomic development. 

CMA 2024 featured a Ministerial Forum that included the participation of mining ministries from Eswatini, Malawi and Argentina, as well as representatives from Tanzania. High-level speakers during the forum showcased a number of projects aimed at maximizing mineral production while discussing how to leverage mineral resources to promote economic growth and sustainability. 

The Republic of Malawi's Minister of Mining Monica Chang'anamuno highlighted several ongoing projects in the country, such as the Kasongo Initiative, which aims to increase the production of rare earth metals, graphite and lithium resources. 

Meanwhile, Eswatini's Minister of Natural Resources and Energy Prince Lonkhokhela announced ambitious targets to raise to the contribution of the country's mining sector to its GDP. With aims to increase the share from 1% to 50% in the short- to medium-term, the strategy is supported by new surveys revealing commercial deposits of lithium, copper, cobalt and other base metals.  

To bolster investment in mid- and downstream infrastructure, the Summit also featured the participation the President of the Chamber of Mines of Zimbabwe Thomas Gono, who stated, “Historically, we exported raw materials, missing out on the potential benefits. With Africa's young workforce, we now have an opportunity to drive revenue and create jobs through skills development and local beneficiation.” 

With the participation of Tanzania's Chamber of Mines, it was announced that the country aims to expand exploration in critical mineral-rich basins from 16% to 50% as part of a strategic push into rare earths, lithium and tanzanite production. Meanwhile, Zambia's Chamber of Mines discussed ongoing strategies aimed at helping the country address logistics and energy deficit challenges in the mining sector. 

The Summit featured a panel discussion with high-level representatives from mining companies and development institutions including Pensana, the Africa Policy Research Institute and the U.S. Development Finance Corporation. The panel also featured the participation of Clifford Chance, Frost & Sullivan and Chatham House and explored how regional initiatives – such as the Lobito Corridor – have the potential to fast-track Africa's critical minerals market expansion.  

An Investment Forum held during the Summit showcased innovative financing measures to advance the flow of capital across the African market. The session featured representatives from finance institutions the World Bank, ABSA, Moshe Capital, the African Finance Corporation and ASAFO & Co. 

Additionally, midstream and downstream opportunities were showcased during a panel session that featured the participation of organizations such as Orion Minerals, AZ Arnaturen, Women in Green Hydrogen, Isondo Previous Metals and the Southern African – German Chamber of Commerce and Industry. The panel also featured representatives from Konrad Adenauer Stiftung, the SA-DRC Chamber of Commerce, the Curtin Institute for Energy Transition, the Electric Mobility Association of Kenya and the Congolese Battery Council. 

At CMA 2024, research firms including Rystad Energy, Moore Global and Project Blue presented insights on market trends in the global mining industry, while Tronic Metals, Tanzania's State Mining Corporation and South Sudan's state-owned Nilepet provided updates on their activities across the mining value chain. 

A Leaders Forum during the Summit featured the participation of international mining companies Glencore DRC and KoBold Metals as well as representatives from the University of Cape Town and the Minerals Council of South Africa. The forum showcased how governments across Africa can promote innovation in the continent's mining space to attract new investment and increase critical minerals production to drive socioeconomic and GDP growth.  

Distributed by APO Group on behalf of Energy Capital & Power.

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Mining Ministers Present Critical Mineral Expansion Strategies at CMA

Location: News

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The second day of the Critical Minerals Africa (CMA) Summit began with a Ministerial Forum, where mining ministers from Eswatini, Malawi, Argentina and representatives from Tanzania highlighted initiatives to advance the mining sector.

HRH Prince Lonkhokhela, Minister of Natural Resources and Energy for the Kingdom of Eswatini, described mining as a foundational pillar of economic growth for the country.

“Our recent high-resolution aerial survey has indicated the presence of copper, nickel and cobalt in the western regions, along with lithium and tantalum in the south,” he stated.

Eswatini is developing a Critical Minerals Strategy in collaboration with the Commonwealth Group, slated for completion by mid-next year, according to the minister.

Lonkhokhela stated that Eswatini is revamping its regulations to align with neighboring nations such as Mozambique and South Africa, aiming for knowledge sharing, resource pooling and regional cooperation on value addition.

Monica Chang'anamuno, Minister of Mining for the Republic of Malawi, emphasized the need for Malawi and Africa to align with the global conversation on critical minerals and the energy transition to seize emerging opportunities.

Chang'anamuno highlighted Malawi's vision to diversify its agriculture-dependent economy through its Agriculture, Tourism and Mining Strategy, prioritizing critical minerals as a driver of growth.

Malawi currently has several rare earth and lithium projects, including the Kasongo rare earth project, which employs 1,200 people, with plans to engage up to 10,000 throughout its lifespan, according to the Minister.

Malawi also discovered one of the world's largest lithium deposits, in partnership with a Korean firm and Rio Tinto, the Minister told delegates at CMA. Additionally, the nation aims to double its energy production to 1,000 MW by next year, with 232 MW allocated to support mining operations.

Maria Alejandra Vlek, Minister of Economic and Commercial Section of Embassy of Argentina in South Africa, highlighted the country's significant lithium potential, holding 22% of global lithium resources, with 180 critical mineral projects currently underway.

She said the country is deploying some 50 lithium projects, including an $800 million lithium facility, and seeks to leverage expertise and investment from African mining countries such as South Africa.

Venace Mwasse, Director of Tanzania's State Mining Corporation, stated “We are aware of the need to reduce emissions through critical mineral production and are committed to ensuring this while benefiting our communities.”

He added that only 16% of Tanzania's land has been surveyed, with a target to reach 50% as part of the country's Vision 2030 Strategy.

Venace Mwasse, Director of Tanzania's State Mining Corporation, stated “We are aware of the need to reduce emissions through critical mineral production and are committed to ensuring this while benefiting our communities.”

He added that only 16% of Tanzania's land has been surveyed, with a target to reach 50% as part of the country's Vision 2030 Strategy.

Distributed by APO Group on behalf of Energy Capital & Power.

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Extortion poses serious threat to State and citizens, says Mashatile

Location: News

Extortion poses serious threat to State and citizens, says Mashatile

Deputy President Paul Mashatile says an economy grappling with extortion, controlled by "ruthless gangsters", poses a serious threat to both government and law-abiding citizens.

“We have also responded to a related question in the National Assembly, highlighting the urgent need for government to take decisive action to deal with extortion-related criminality,” Mashatile said on Thursday.  

The Deputy President was responding to questions in the National Council of Provinces (NCOP) relating to several critical issues impacting South Africa’s township and rural economies. 

The Deputy President quoted Police Minister Senzo Mchunu, who in September spoke about township economic sabotage in four provinces. These provinces include mainly Gauteng, KwaZulu-Natal, the Western Cape and Eastern Cape. 

“According to the Minister of Police, these provinces carry 73% of crime levels in South Africa. The gravity of these crimes alone, including extortion, are of serious concern to government, and must be dealt with immediately,” said Mashatile.

He announced that the South African Police Service (SAPS) has since initiated the signing of cooperative agreements with provincial and local governments, which include operational plans that will provide details on the integration of resources against crime.

In addition, Extortion and Kidnapping Task Force Forums have been established in all affected provinces, which involve all the relevant stakeholders, including private business.

On the implementation of measures to deal with sabotage of basic service delivery, such as water and sanitation, by “unscrupulous” owners of water tankers, the Deputy President said the Departments of Water and Sanitation and Cooperative Governance and Traditional Affairs have intervened. 

According to the Deputy President, the two departments are assisting struggling municipalities with water tankers as a short-term intervention, while bulk water infrastructure challenges are being resolved.

“In addition to the challenge of construction mafia, which is rife all over the country, we have received reports of unscrupulous owners of water tankers, who are interfering with service delivery initiatives in municipalities, thus extorting money to rent their services, and some selling water to vulnerable communities.” 

He stressed that the State was encouraged by the work of Community Policing Forums, whistleblowers and community members, who are actively involved in addressing service delivery-related acts of criminality and extortion across all provinces that have been identified as hotspots. 

“However, much more needs to be done to resolve this challenge,” Mashatile said.

Township economy

Meanwhile, the country’s second-in-command said government is dedicated to transforming apartheid spatial planning by investing in critical industries such as manufacturing to revitalise and create much-needed jobs in the communities where people reside. 

According to the Deputy President, the Department of Trade, Industry and Competition (dtic) has developed the Industrial Parks Revitalisation Programme (IPRP), aimed at renewing and reviving South Africa’s old and abandoned industrial parks and driving employment in the manufacturing sector in townships and rural economies. 

He explained that this programme aims to support State-owned industrial parks and identify enabling opportunities for local manufacturing and value addition in marginalised communities. 

The Deputy President also highlighted the State’s programmes to support Special Economic Zones (SEZs), which are aimed at expanding economic activity in underdeveloped parts of South Africa. 

To date, he said there are 11 designated SEZs, nine of which are being supported by the SEZ Fund, and have generated investments amounting to R19.6 billion. – SAnews.gov.za

Gabisile
Fri, 11/08/2024 - 09:38

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Upstream Players Highlight Innovative Financing Critical Mineral Projects at CMA

Location: News
Energy Capital & Power

Players within Africa's energy transition sector highlighted innovative financing mechanisms which can help drive the industry maximize value addition and beneficiation to local economies during the Leaders Forum at Critical Minerals Africa Summit on Thursday.

Marie-Chantal Kaninda, President, Glencore DRC announced that the firm contributed approximately $1 billion in revenue for the Democratic Republic of Congo (DRC) through royalty taxes in 2023.

She said the firm invested in processing facilities at two of its operational mines in the DRC (https://apo-opa.co/3AvKgjI) to enhance value addition of copper and cobalt resources.

“We export hydroxide cobalt, which is an intermediary product, and produce copper cathodes ready for cable manufacturing,” Kaninda explained, adding that 95% of Glencore's workforce in the DRC is sourced locally, with many employees holding senior positions.

Speaking on the challenges facing Africa's mineral value addition efforts, Carlos Lopes, Professor at the Nelson Mandela School of Public Governance, University of Cape Town, noted that a lack of adequate funding is a primary barrier.

Despite Africa's GDP having doubled since 2000, he said, the continent is still perceived as a high-risk market by some investors. Lopes called for innovative local financial solutions to meet capital needs for value-addition projects.

“Africa pays the world's highest interest rates, yet our potential is undervalued. We must be strategic in policy-making to fully capitalize on our resources,” he stated, emphasizing the drawbacks of exporting raw minerals for overseas processing.

Mfikeyi Makayi, CEO of KoBold Metals, underscored the role of innovation in reducing the high costs associated with critical mineral exploration and value addition. She highlighted the company's AI-enabled exploration efforts backed by Silicon Valley investment, stating, “With 60 projects across 40 countries, including flagship initiatives in Zambia and new ventures in Namibia and Botswana, we're focused on leveraging digital mining solutions to drive industrialization across the continent.”

Makayi added that the data generated through digital mining is vital for attracting investment and creating a more competitive and inclusive sector.

Sietse van de Woude, Senior Executive of Modernization and Safety at the Minerals Council South Africa, discussed the Mandela Mining Precinct initiative, a public-private partnership designed to fund and support mining sector innovation.

“Innovation is essential for critical minerals mining,” van de Woude said, adding that the initiative offers a platform for industry stakeholders to share best practices and collaborate on advancing operational efficiency and safety.

Distributed by APO Group on behalf of Energy Capital & Power.

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Boost for start-ups involved in space, Earth observation

Location: News

Boost for start-ups involved in space, Earth observation

Eight start-ups involved in space and Earth observation innovations have received funding through the Earth Observation Frontiers Enterprises Innovation Support Fund (NEOFrontiers EISF). 

Launched in 2021, the NEOFrontiers is an innovation funding mechanism designed to drive the growth of the local space sector through increased public investments. 

It seeks to stimulate collaboration, cooperation and innovation in the public and private South African Earth observation community.

The NEOFrontiers programme is managed by the South African National Space Agency (SANSA) and the National Research Foundation (NRF), and implemented with the support of Tuksnovation, the University of Pretoria's business and technology incubator. 

The programme subsidises enterprises with amounts ranging from R750 000 to R1 million for 12 months.

SANSA launched NEOFrontiers in 2021 through investment from the Department of Science, Technology and Innovation (DSTI). 

The first four NEOFrontiers projects were funded in 2022, while 2023 saw three start-ups supported. 

This year’s NEOFrontiers call saw eight successful start-ups submit brilliant proposals on mining, agriculture, infrastructure development, healthcare innovation, banking and financial institutions, as well as disaster risk reduction. 

These include Abiri Innovations, Agizo Solutions (Pty) Ltd, Aphelion World JV/Consortium, CreditAIs, Integrated Geoscience Solutions, Kgothatso Innovations, Regona Trading and YaAzi.

A total of 56 applications were received earlier in the year, 25 of which were eligible and allowed to pitch to an independent adjudication committee.

DSTI’s Acting Chief Director Itumeleng Makoloi said this programme unfolds at an opportune time when South Africa seeks to foster innovation.

“We need to create new ways of modernising areas such as agriculture, mining and manufacturing. We believe that this programme represents our shared vision to foster innovation, capacity building and strategic partnership across the public sector. 

"The joint efforts of DSTI entities, such as SANSA and the NRF, play a critical role in driving this vision.”

SANSA CEO, Humbulani Mudau, believes this platform will create a market pool for innovative solutions, for which space is a significant enabler and a value provider.

“I’m delighted to report that there is an equal split in gender representation. We have awarded the grant to start-up companies led and owned by four males and four females. This is good progress towards transforming the industry,” Mudau said. 

He said the NEOFrontiers is poised for greater strides in terms of direction and investments. 

“We’re indeed going to make this a flagship programme that will transform space-based ideas into relevant products and services that address societal and environmental challenges. As we do that, we’re going to be looking at increasing the competitiveness of the South African Earth observation industry for the benefit of the South African society.”

NRF CEO, Dr Fulufhelo Nelwamondo, is of the view that the initiative has the potential to gear small enterprises in the space sector to create job opportunities.

“The key focus is to support start-ups, SMMEs and entrepreneurs with funding. The reason for this is that we expect much more from our SMMEs to make sure that they can grow and employ more people.

“When they employ more people, there is an increase in new technology and service innovations coming out of their areas to a point that we can get even more people involved. Our rate of unemployment is increasing.”

The University of Pretoria’s Head of Innovation and Contracts Management, Advocate Lawrence Baloyi, said this has the potential to shape the future of South African space innovation. 

The next call to fund new SMMEs will be published before the end of 2024. – SAnews.gov.za

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Fri, 11/08/2024 - 11:04

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Afreximbank President Professor Benedict Oramah Receives Prestigious Mohammed Barkindo Lifetime Achievement Award

Location: News
Afreximbank

Professor Benedict Okey Oramah, President and Chairman of the Board of Directors at African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has been awarded the prestigious Mohammed S. Barkindo Lifetime Achievement Award at the African Energy Awards, held on the sidelines of the African Energy Week (AEW) 2024: Invest in African Energy conference, happening between 4-8 November in Cape Town, South Africa.  

The award, named in honour of the former Secretary-General of OPEC, the late Dr Mohammed Barkindo, recognizes individuals who have made exceptional and lasting contributions to Africa's oil, gas, and energy sectors. This honour represents the highest accolade in African energy, awarded to individuals whose work has had a transformative impact on the continent's energy sector. Notable past recipient of the Mohammed S. Barkindo Lifetime Award in 2023 is Keith Hill, former President and CEO of Africa Oil Corp. 

For over three decades, Prof. Oramah has played a critical role in driving sustainable development across Africa by channelling essential funding into major oil, gas, and infrastructure projects. Since assuming leadership of Afreximbank in 2015, he has pioneered innovative financing structures that have democratised energy access and accelerated industrialization and the growth of Africa's strategically critical energy sector. 

Under Prof. Oramah's leadership, Afreximbank has made substantial contributions to the growth of Africa's energy sector. Under his stewardship, the Afreximbank has facilitated the mobilization of over USD 70 bn to support Africa's energy sector. Included in this is more than USD 5bn for refineries in Nigeria, Angola and Senegal, to further Africa's refined product independence and reduce the continent's Foreign Exchange drain.  

In Nigeria, Afreximbank now acts as Adviser and Settlement Bank for NGN denominated crude sales to Nigerian refineries. Replicated across the oil producing states in Africa, this will save several USD 100mn per annum in transactional charges alone. Ranking among President Oramah's most significant achievements is the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank (“AEB”) in Egypt in June 2024, in partnership with the African Petroleum Producers Organization (APPO). This landmark initiative aims to mobilize funding to support investments across Africa's entire energy system, aligning with the continent's energy needs and its environmental sustainability goals. 

Professor Oramah has led the energy transition agenda through the Bank's support in renewable energy transactions including, but not limited to, the EUR1.3 bn ECA import facility Project Gleam in support of the import of sonar panels for rural electrification in Angola, the EUR 147mn Government of Cameroon solar power project and the US$363 million Gasmeth Energy Rwanda gas extraction and processing project.  

Significantly, the majority of the above-mentioned transactions received numerous industry awards for their impact on the continent, their complexity and their unique structures.   

Prior to joining Afreximbank, Professor Oramah distinguished himself in international trade finance and development. Beginning his career at the Nigerian Export-Import Bank (NEXIM), he played an instrumental role in shaping Nigeria's export development strategies. Prof Oramah holds a Ph.D. in Agricultural Economics from Obafemi Awolowo University in Nigeria.  

Acknowledging the award, Prof. Oramah commented: 

“It is a great honour to be awarded the Mohammed S. Barkindo Lifetime Achievement Award. Whilst a great honour for me personally, this award reflects the work and dedication of many others, including my colleagues at Afreximbank and our various partners. At Afreximbank, we remain deeply committed to reducing energy deficit on the continent and ensuring we are self-sufficient. 

Distributed by APO Group on behalf of Afreximbank.

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Mr Vincent Musumba 
Manager, Communications and Events (Media Relations) 
Email: press@afreximbank.com 

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About Afreximbank : 
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. For 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa's trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries to effectively participate in the AfCFTA. At the end of December 2023, Afreximbank's total assets and guarantees stood at over US$37.3 billion, and its shareholder funds amounted to US$6.1 billion. The Bank disbursed more than US$104 billion between 2016 and 2023. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody's (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure, (together, “the Group”). The Bank is headquartered in Cairo, Egypt. 

For more information, visit: www.Afreximbank.com 

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SA’s G20 Education Working Group Presidency to focus on skilling young people 

Location: News

SA’s G20 Education Working Group Presidency to focus on skilling young people 

South Africa’s G20 Education Working Group Presidency will focus on equipping young people with skills for the Fourth Industrial Revolution. 

Basic Education Minister Siviwe Gwarube said this includes training in artificial intelligence (AI) and robotics.

The Minister gave details of her recent visit to Fortaleza, Brazil, where she accepted the handover of the 2025 Presidency of the G20 Education Working Group on behalf of South Africa.

“This is a historic moment for our nation, and it places South Africa at the center of the global education agenda for the coming year. The G20 Education Working Group is a powerful platform for collaboration, bringing together some of the world’s leading economies to address the most pressing issues in education today.

“Under our presidency, we will focus on ‘Educational Professionals for Solidarity, Equality and Sustainable Development," she said at media briefing on Wednesday.

This she added, reflects the country’s commitment to advancing education in a way that supports economic growth, social equity, and a future-ready workforce. 

These priorities include quality foundational learning, mutual recognition of qualifications across borders, and the development of educational professionals equipped to meet the needs of a rapidly changing world. 

“Each of these areas is critical not only for South Africa but for developing nations around the world, as we all prepare our learners for the challenges and opportunities of an AI-powered future.

“Our presidency will emphasise the importance of preparing our young people with the skills needed for the Fourth Industrial Revolution, including artificial intelligence, large language models, robotics, and other emerging technologies,” Gwarube said. 

In an era defined by rapid technological change, Gwarube said it is essential that education systems adapt and evolve to equip learners with relevant, future-ready skills. 

Through the G20 platform, she said the sector aims to foster greater international cooperation, allowing them to share best practices, resources, and innovations that support this goal.

“One of the key goals of our presidency will be to advocate for an inclusive and equitable approach to education that reflects the diverse needs of all learners. We will prioritise the voices and perspectives of developing nations, ensuring that the G20 Education Agenda aligns with the aspirations of learners worldwide. 

“By addressing the challenges faced by resource-constrained regions, we can create an educational framework that leaves no learner behind. We believe that every young person deserves the chance to succeed in a world that increasingly relies on digital and technological proficiency,” the Minister explained adding that this leadership role is both a responsibility and a tremendous opportunity for South Africa. 

“As a country, we are committed to advancing education that is not only accessible but transformative education that empowers individuals, supports communities, and drives sustainable development. 

“By taking on this role, we are not only supporting South African learners but contributing to a global movement that prioritizes the growth, safety, and wellbeing of all children,” she said. 

As the country steps into the presidency of the G20 Education Working Group, the Minister said: “We are reminded of the immense potential for education to change lives, drive innovation, and build a resilient, future-ready nation. 

“I look forward to engaging with our global partners and advancing an agenda that will equip our learners and learners around the world for the demands of tomorrow,” she said.

South Africa will hold the G20 Presidency from 1 December 2024 to 30 November 2025.

READ | Government assigns funding for G20 Summit

The G20 brings together the countries with the largest economies in the world. The Member States meet annually to discuss economic, political and social initiatives. – SAnews.gov.za

 

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Wed, 11/06/2024 - 15:36

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Mashatile chairs inaugural meeting of newly appointed Human Resource Development Council

Location: News

Mashatile chairs inaugural meeting of newly appointed Human Resource Development Council

Deputy President Paul Mashatile has stressed the importance of reigniting efforts to drive human resource development initiatives, so as to urgently tackle the three critical challenges of unemployment, poverty and inequality.

The Deputy President was speaking as the Chairperson of the Human Resource Development Council (HRDC), where he led the inaugural meeting of the newly appointed council on Tuesday.

The newly appointed HRDC members include representatives from government, organised labour, organised business, as well as civil society.

According to the Deputy President’s office, the council’s main strategic mandate is to advise government on initiatives to develop the necessary skills to meet labour market demands over the next five years, ending in 2029.

“We look forward to your invaluable contribution and are convinced that your unique talents, abilities, and experiences will further assist to re-energise efforts to realise the strategic goals of the HRDC,” Mashatile said.

The meeting received presentations on the reconceptualised HRD Strategy and the Master Skills Plan, which will anchor policy documents for all human resource development interventions in the country.  

The plan outlines four strategic, outcome-oriented goals. These include enhancing early learning and educational outcomes, as well as increasing the employability of youth, who are not engaged in education, employment, or training (NEET).

The plan also highlights the need to enhance the responsiveness of the Post-School Education and Training (PSET) system to skill demands and improve governance, leadership and management within the public sector.

In addition, the meeting received updates on the establishment of the Just Energy Skills Forum, which is aimed at contributing to the transformation of the energy landscape in the country, in line with the dictates of climate change.  

This follows the commitment made by government to launch the Just Energy Transition (JET) Investment Plan 2023-2027 in 2022, where President Cyril Ramaphosa mandated the Presidential Climate Commission to engage with various key stakeholders in developing common approaches for South Africa.

A key element for the implementation of the JET Skills Portfolio is the establishment of a National Skills Advisory Forum, which is planned to be launched at the 5th HRDC Summit scheduled to take place this month.

The 5th HRDC Summit will bring together civil society groups, government, labour and business to deliberate on critical skills challenges facing the country.

The summit’s theme will focus on developing the emotional, intellectual and technical capabilities needed to succeed. The gathering will also touch on the reconceptualised HRD Strategy and the Master Skills Plan, as well as the launch of the JET National Skills Advisory Forum.

The summit will also discuss building foundations for learning and skills for a transformed economy, as well as building a capable State.

The HRDC is a national, multi-stakeholder advisory body chaired by the Deputy President and managed by the Ministry of Higher Education and Training.

The HRDC was established in 2010 to facilitate conditions that promote the optimal participation of all stakeholders in the planning, stewardship, monitoring and evaluation of HRD activities in the country.

One of the council’s key responsibilities is to build the HRD base required to ensure a prosperous and inclusive South African society and economy, focusing on the development of strategy. – SAnews.gov.za

Gabisile
Wed, 11/06/2024 - 10:48

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Mastering Farm-In and Farm-Out Agreements – Key Insights from AEW 2024

Location: News
African Energy Chamber

A panel of experts at Africa Energy Week (AEW): Invest in African Energies 2024 emphasized the critical importance of stakeholder engagement and legal considerations in farm-in and farm-out agreements during a workshop titled, ‘Mastering Energy Investment Transactions in Africa'.

Moderated by Zion Adeoye, CEO and Managing Partner of CLG on Monday at the AEW: Invest in African Energies 2024 pre-conference session, the panellists shared insights into essential contractual arrangements in the oil and gas industry for facilitating exploration and development activities and allowing companies to share resources, risks and expertise.

Speaking during a Mastering Energy Investment transaction in Africa: a critical guide for general counsel masterclass, Jude Kearney, managing partner of Asafo & Co noted that there were several critical factors that played a role in allowing for meaningful engagement in farm-in farm-out agreements. “There are literally a thousand considerations a farmor or farmee must make before entering a transaction, but they must realize that they are not alone in their decision-making.”

“It is crucial to engage with local stakeholders – government, prospective service providers, potential employees – early to understand the market dynamics and expectations. This includes assessing local content requirements and corporate social responsibility expectations. The government is your ultimate stakeholder, as they hold the authority to approve or deny transactions,” Kearny added.

Participants underscored the necessity of thorough legal due diligence before entering negotiations. This includes understanding local laws, tax obligations and regulatory requirements to avoid potential pitfalls. Grace Yella, CLG director for tax and legal in Cameroon, emphasised starting with due diligence to lobby for favourable responses from government administrations.

Kearny concurred, “Consider policies that exist in some of the countries, such as Nigeria and South Africa, which have very strong local content regulations. If you are not aware of these regulations, and  have not considered them, then your contract is not perfect,” he added.

CLG Equatorial Guinea managing partner Manuel Oliveira agreed, adding that meeting these regulations were no longer a box-ticking exercise. “Local content is critical for these transactions, there are obligations regarding training local people and to give opportunities to local entities to participate in the economy,” he said, adding that local advisors were also able to navigate the complexities of legislation of this nature.

Tax considerations were also a focal point of the discussion. Daoudou Mohammad, Congo director of CLG, noted that understanding tax obligations is crucial, especially as regulations can change rapidly. Engaging tax consultants early could ensure compliance and identify potential exemptions.

As case study, Mohammad cited the oil and gas taxation decree in the Republic of the Congo having undergone several revisions, which significantly impacts how companies approach their investments and compliance strategies. In 2001, a decree was issued that provided tax exemptions for oil and gas activities, which were included in the terms and conditions of various contracts.

However, subsequent changes in government policy led to the issuance of a new decree that made these activities taxable. This shift raised concerns among investors about the stability and predictability of the regulatory environment. The decree was later suspended following constructive dialogue between government officials and tax operatives, indicating a willingness to find a compromise between government revenue needs and the interests of oil and gas entities.

Similarly, changes in Ghana's oil and gas laws that affected previously favourable tax terms have also changed. “The new Production Sharing Contract focuses more on tax implications than legal terms, highlighting the need for tax experts to be involved in negotiations to avoid unexpected costs,” said Onyeka Ojogbo, CLG deputy managing partner.

“This evolving nature of tax regulations necessitates that companies remain vigilant about compliance to avoid unexpected liabilities, especially given that VAT is now applicable to oil and gas companies, although some activities may still be exempt,”  concluded Mohammad.

Distributed by APO Group on behalf of African Energy Chamber.

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AEW Highlights Critical Minerals Role in African Renewables Growth

Location: News
African Energy Chamber

Africa must expand its renewable energy manufacturing capabilities and leverage its critical minerals to foster growth in its renewables sector, according to James Mackay, Managing Director at the Energy Council of South Africa.

Speaking on a panel discussion during African Energy Week: Invest in African Energies' Pre-Event Technical Workshops, Mackay said the high cost of renewables in Africa could be lowered by enhancing local manufacturing capacity, making vital technologies more accessible for project developers.

“Egypt is currently leading in solar manufacturing, but other African governments should work to attract investments and implement policies that incentivize manufacturers to establish operations on the continent,” stated Mackay.

Carlos Torres Diaz, Senior Vice President & Head of Gas and Power Markets Research, Rystad Energy highlighted Africa's youthful workforce as a strategic advantage in developing innovative solutions required to harness the continent's 30% share of global critical minerals. According to Diaz, the focus is no longer solely on replacing fossil fuels but on integrating all energy resources and using digital tools to stabilize the power grid.

“Gas-to-power solutions remain essential for stability alongside renewables,” he noted.

Despite holding 40% of the world's total solar potential, Africa currently utilizes only 35% of its capacity, according to Nivedh Das Thaikoottathil, Senior Analyst – Renewables & Power at Rystad Energy. Thaikoottathil pointed out that Africa's ability to add value to its critical minerals will shape its potential to produce over 100,000 TWh of solar energy annually, potentially increasing the share of solar and wind from 8% today to 60% by 2040.

Commenting on high-growth renewable energy markets in Africa, Thaikoottathil said South Africa, Morocco, Egypt, Tunisia, Mauritania and Mozambique are the key players.

“We are seeing growing financing for renewable projects and new interconnectors between North Africa and Europe, with 24 GW of proposed capacity aimed at linking the regions,” he said.

AEW: Invest in African Energy 2024 is held alongside the Critical Minerals Africa Summit which will run from November 6 – 7 November in Cape Town, offering delegates access to the full scope of energy, mining and finance leaders.

Distributed by APO Group on behalf of African Energy Chamber.

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Matric Exams progressing smoothly despite some minor disruptions

Location: News

Matric Exams progressing smoothly despite some minor disruptions

Basic Education Minister Siviwe Gwarube says the administration of the National Senior Certificate (NSC) exams has been progressing well thus far, showcasing the strength and resilience of the education sector systems. 

Today marks the 12th day of the matric exams which commenced on 21 October 2024.

“I am delighted to report that so far, the administration of this year’s NSC exams has been progressing well, showcasing the strength and resilience of our systems. 

“These exams mark a critical milestone for our learners, who have spent years working toward this moment, and I am pleased to say that, so far, our systems are holding up well under the pressure,” Gwarube said. 

The Minister held a press briefing on Wednesday to provide an update on the progress of the NSC exams, among other issues. 

She emphasised that the department has taken comprehensive measures to safeguard the integrity of the exams, ensuring that every learner receives a fair, consistent, and supportive experience.

Turning to statistics so far, Gwarube announced that 104 of the 181 question papers have been written as of today, that represents 58% of exams. The exams are now over the halfway point. 

Five schools in the Jan Kemdorp area were affected by a taxi strike, however, all candidates from the schools were able to write their exams.

There was also protest action in Limpopo. However, with the help of the South African Police Service, matric candidates were escorted to the school and were able to write.

KwaZulu Natal, Eastern Cape, Limpopo and Mpumalanga faced disruption caused by inclement weather. The department activated contingency plans and learners were able to write and complete their papers.

Power outages were experienced in some areas and back-up generators were relied on for learners to complete their exam papers. 

There was one learner who could not finish their paper as they were arrested inside the exam venue as a suspect in an armed robbery case.

The Minister told the media briefing that cellphones and crib notes were found and confiscated from a very small number of learners and that this was being investigated. Additionally, two imposter candidates were detected and arrested for attempting to take an exam. 

“Our operational systems have been designed to preempt and resolve challenges quickly and effectively. From the distribution of exam papers to the management of security and supervision, our dedicated teams are actively monitoring each phase of the exam process. 

“We are leveraging technology to maintain real-time oversight, which enables us to detect any irregularities and address them before they can substantially impact the examination process,” she said. 

For example, Gwarube said any suspected security issues with exam papers are immediately escalated, allowing the department to take swift action to uphold the credibility of the exams. 

“While we are encouraged by the overall success of the exams thus far, we are also mindful of the need to adapt to unforeseen challenges, particularly those related to the environment and climate. 

“Recent storms in areas like Bushbuckridge and flooding in parts of the Eastern Cape have impacted some learners’ ability to sit their exams as scheduled. In response, the department quickly implemented alternative arrangements, including the use of alternative venues and the rescheduling of exams to later dates,” Gwarube said. 

The Minister said these decisions were made in collaboration with local authorities to ensure minimal disruption to learners' lives. 

“We recognise that the final leg of exams is crucial, and we are committed to providing every learner with the opportunity to complete their exams without unnecessary obstacles. 

“I commend the resilience of the affected learners and their families, and I appreciate the dedication of our teachers and officials who worked to support these alternative arrangements in such a challenging time,” Gwarube said. – SAnews.gov.za

 

DikelediM
Wed, 11/06/2024 - 14:58

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South Africa reaffirms commitment achieve New Urban Agenda

Location: News

South Africa reaffirms commitment achieve New Urban Agenda

Human Settlements Minister, Mmamoloko Kubayi, has reaffirmed South Africa’s commitment to ensuring that the country achieves the New Urban Agenda in a more sustainable way.

Kubayi was speaking at a ministerial roundtable on the sidelines of the 12th World Urban Forum (WUF12) Summit, currently underway in Cairo, Egypt.

The ministerial roundtable was hosted by the United Nations-Habitat Executive Director, Anacláudia Rossbach, on Tuesday.

It explored how different spheres of government, from national to local, can work better together to achieve the 2030 Agenda for Sustainable Development, with particular attention on multilevel governance arrangements and partnerships for adequate housing, climate action, finance systems, digital technology, and urban crises response.

The New Urban Agenda represents a shared vision for a better and more sustainable future, and if well-planned and well-managed, urbanisation can be a powerful tool for sustainable development for both developing and developed countries.

Speaking at the session, Kubayi said South Africa was committed to ensuring that the country meets Sustainable Development Goal (SDG) 11, which calls for countries to make cities and human settlements inclusive, safe, resilient and sustainable.

“We have recognised that this is one of the most important areas of work to address issues related to this, in terms of global shared challenges, such as rapid urbanisation, climate change, inequality and inadequate infrastructure,” Kubayi said.

Kubayi said a multistakeholder approach has been taken by the South African government, and working together with the private sector and civil society, they have committed to ensuring that no one is left behind, but “we include everybody as part of our programmes”.

She highlighted that the primary participants in terms of this work is in the policy formulation, but also ensuring that government’s activities at local level are taken up and programmes are supported.

“The private sector supports us in terms of financial support, ensuring the initiatives that we do and commit to, are also funded, but also in partnership to fast-track the implementation. We do recognise that one of the areas that we want to continue to do this, is also support in terms of academic research organisations.

“We have launched our research agenda as the South African government, to ensure that what we bring as solutions in terms of implementing the urban agenda and also in achieving the UN SGD goals, is to ensure and make sure that our solutions are evidence based but more importantly, can be sustainable,” Kubayi said.

Kubayi also committed government in ensuring that urbanisation in the work they do in critical governance and leadership of the new urban agenda, includes the three spheres of government.

“That is why in our delegation here we have representatives of the national government, provincial government and local government. We do believe that this approach is more sustainable and ensures that it is inclusive but in terms of ensuring that all hands are on deck,” the Minister said.

The 12th World Urban Forum Summit is being held under the theme: “It all starts at home. local actions for sustainable cities and communities.” – SAnews.gov.za
 

 

GabiK
Wed, 11/06/2024 - 15:28

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Mashatile to respond to questions in Parliament about township economy and extortion

Location: News

Mashatile to respond to questions in Parliament about township economy and extortion

Deputy President Paul Mashatile will on Thursday respond to questions in the National Council of Provinces (NCOP) relating to several critical issues impacting South Africa’s township and rural economies. 

“The Deputy President is expected to provide a critical overview on the work that government is undertaking to resolve some of the pressing challenges facing the country currently,” a statement from the Deputy President's office read. 

Mashatile will also zoom into government’s strategies to transform apartheid spatial planning by investing in critical industries such as manufacturing. 

“This is aimed at stimulating job creation and economic growth in townships and rural communities.

“Furthermore, in response to a question on what government is doing to prevent sabotage of the township economy by extortionists, the Deputy President will provide an update on the decisive steps taken to combat criminal activities,” the Deputy President’s office said. 

The steps include the establishment of the Extortion and Kidnapping Task Force Forum in all affected provinces. 

In line with the Finance Minister’s recent comments, Mashatile will also emphasise the importance of local government in supporting economic growth and responding to societal demands. 

In outlining service delivery interventions, Deputy President Mashatile is expected to speak of how government is prioritising the strengthening of local municipalities, which are central to creating an enabling environment for economic development.

On land reform, the Deputy President will highlight the State’s commitment to increasing agricultural production and improving food security. 

The country’s second-in-command will further reiterate government’s commitment to working closely with all sectors of society, including the private sector, civil society, and local communities to address crime and economic challenges. 

Mashatile will also elaborate on government's comprehensive approach to ensuring that townships and rural areas remain vibrant, safe and economically productive. – SAnews.gov.za

Gabisile
Wed, 11/06/2024 - 12:56

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Deputy President Mashatile to attend Earthshot Prize Awards

Location: News

Deputy President Mashatile to attend Earthshot Prize Awards

Deputy President Paul Mashatile is expected to attend the 4th Annual Earthshot Prize Awards ceremony, this evening, in Cape Town. 

The Deputy President will be attending Wednesday’s ceremony at the invitation of Britain’s Prince William and on behalf of President Cyril Ramaphosa. 

This marks the first time the event will be held in South Africa.

Started by Prince William in 2020, the prize supports sustainable, eco-friendly projects from around the world. Five winners each receive £ 1 million.

According to the Deputy President’s Office, the prize is the most prestigious global prize for the environment in history, despite only being in its fourth year. 

“Since then, the significant work that Earthshot has done by scaling ingenious solutions to the most pressing challenges facing the world, such as climate change, waste management, cleaning our air, saving our oceans, and saving and restoring nature is remarkable and aligned with South Africa’s priorities towards climate action, environmental protection and restoration, and cleaning the environment,” the Deputy President said. 

Every year, the organisers search the globe for game-changing innovations that will help repair the planet and award the winners of the best five solutions with money to scale their work. 

The initiative exists to discover, spotlight and help grow innovative solutions that are working to repair and regenerate our planet.

Last year, Earthshot welcomed its first South African finalist, ABALOBI, whose technology is making it easier for small fishing communities to monitor fish populations, improve market access, and recognise these communities as stewards of oceans. 

“It is of particular importance that the focus of the Earthshot Prize Awards is on the impact of climate change on Africa and the innovative solutions found on the African continent to mitigate the impact of climate change and environmental degradation.”

Meanwhile, the Deputy President said it was an “honour” to welcome the Prince of Wales to South Africa, highlighting the unique relationship the Royal Family has with the country. 

“The Prince of Wales continues to show his steadfast support and commitment to campaigning for the environment and advocating for the protection of our planet. These prestigious awards play a critical role in supporting and celebrating small enterprises that make a huge difference,” the Deputy President added.

President Ramaphosa met with Prince William in Cape Town on Tuesday. -SAnews.gov.za

 

 

Gabisile
Wed, 11/06/2024 - 09:25

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