MyZA

News, Directory, Events and Other Stuff

You are here: Home / Archives for Energy

Energy

IAEOG Namibia 2025

Location: News
African Peace Magazine

We bring you compliments from the Chairman Hon. Justice Suleiman Galadima JSC, CFR, OFR (Rtd.) and the Management of African Peace Magazine UK (https://AfricanPeace.org/).

African Peace Magazine UK, has been publishing for well over 15 years, and we are committed to promoting Peace, business networking, good governance and improved condition of living for Africans. 

We are pleased to invite you to the 2025 International African Energy, Oil and Gas Summit, an event pivotal for those eager to stay abreast with the latest trends, innovations and opportunities in the oil and gas industry in Africa. 

The International African Energy, Oil & Gas Summit & Awards/Exhibition (IAEOG) is few months away, kicking off on 4th-10th of August 2025.

This premier event continues to grow remarkably each year, with over 2500 attendees expected to converge from more than 50 countries under one roof.

The IAEOG is an interactive exhibition and networking event that unites global and African Energy key players, stakeholders, and decision makers.

This event is a proactive endeavor supporting the AfCTA's mission to forge regional value chains in Africa, aims at stimulating investment and job creation across the continent and ensure energy security.

AfCFTA ultimate goal is to unify approximately 1.3 billion people across Africa, with a collective GDP of nearing US$ 3.4 trillion.

The African Peace Organization, in conjunction with other strategic partners is set to organize the 4th Edition of the International African Energy, Oil and Gas Summit Namibia 2025 with the Theme: Getting it Right, scheduled to hold on the 4th -10th of August 2025 in Namibia. It would feature panel discussions, presentations, exhibitions, dinners, golf tournament, award presentations, tours and a host of others. The venue for Charity Golf Tournament; is the 18th Hole Championship Golf Course of the prestigious Windhoek Golf & Country Club.

The event seeks to promote further business corporation between Nigeria – Namibia and other African Countries as a follow up to the African Continental Free Trade Agreement.

 The summit will bring together high level top executives, CEOs, Managers, investors, the business community, government agencies, exporters and importers from oil and gas sectors from across Africa and the world.  To deliberate on the challenges and opportunities of the energy transition and the future of oil and gas in Africa

Further the purpose of the summit is to facilitate trade amongst African countries and the world by providing a physical networking platform for participants to interface with their potential clients and partners, as well as to attract investment opportunities for business growth across Africa particularly in the oil and gas sector.

Join 540+ downstream trailblazers across reliability & maintenance, shutdown & turnarounds and capital projects at the Namibian oil and Gas summit 2025 sharing exclusive lessons learned and new best practices during 3-days of interactive, peer-led discussions and explore 50+ booths showcasing the latest innovation driving efficiency and safety.                           

Green Energy International Ltd (GEIL), an indigenous Nigeria oil and gas producing company and operator of the Otakikpo Marginal Field in OML-11, will attend and participate as a Bronze sponsor at this year's edition of the conference. The company is one of Nigeria's most vibrant service companies driving investment and infrastructure development for economic growth.

Distributed by APO Group on behalf of African Peace Magazine.

For sponsorship, participation, partnership, Exhibition and speaking opportunities and all other enquiries please contact:
Sandra Chia
International Affairs
+2348033975746
+447407399766

Email: africanpeacemag@gmail.com 

Nigeria Abuja Office:
Suite FT 12B
Alibro Atrium Plaza
Utako, Abuja
+2348033975746

South African Office:
16 Ridge Road
Vorna Valley
Midland 1686
South Africa
+27662449117

Angola:
Call: +244928690892
+244993656970
+244927589884

London Office:
Call: +4477771217805
WhatsApp: +447407399766

Social Media:
Twitter: https://apo-opa.co/41U2TaH
Facebook: https://apo-opa.co/41U2UeL
Instagram: https://apo-opa.co/4kOkRE5
LinkedIn: https://apo-opa.co/4kN8ckT

About African Peace:
African Peace Organization is an international organization for peace promotion, cultural relations, good governance and educational opportunities.

We build connections, understanding and trust between Africans and world. APO is also the organizer of the prestigious African Peace Awards.

APO is a brand which includes African Peace Television, African Peace Radio and African Peace Magazine. APO has been publishing for well over 15 years, and we are committed to promoting Peace, business networking, good governance and improved condition of living for Africans.

African Peace Organization through its Magazine condemns violence and acknowledges those who strive to make the strife disappear. It features pieces, articles and write-ups which go a long way in promoting this noble cause of peace. We at African Peace Magazine believe that every sector of a nation contributes in the collective journey of a peace country.

The IAEOG 2025 Summit will take place in August 2025; it will unveil investment prospects and connect global players to the growing Namibian oil and gas market.

Secure Your Exclusive Group Rate & Network with Global Oil & Gas Leaders in Namibia.

We would like to present an exclusive group booking rate for your attendance at IAEOG, buy 4 early bird delegate passes, and receive 1 complimentary pass. By joining us at the event, your team will gain market insights, forge essential connections, and meet our sponsors, partners, and speakers.

Africa Peace Magazine:
Website: https://AfricanPeace.org/
www.AfricanPeaceAwards.com
https://AfricanOilAndGasSummit.com/
www.IAEOGS.com

Media files
African Peace Magazine
Download logo
Read moreIAEOG Namibia 2025

Unplanned Outages Have Dropped by 6.6% Year-On-Year

Location: Business

Friday, 21 March 2025: Eskom confirms that loadshedding remains suspended. The power system remains constrained but stable and supported by the strategic utilisation of emergency reserves to meet demand, especially during peak periods, and where necessary. The Unplanned Capacity Loss Factor (UCLF), or unplanned outages, for the financial year-to-date, stands at 25.77%, improving from 32.39%...

Read moreUnplanned Outages Have Dropped by 6.6% Year-On-Year

Namibia Unveils Offshore Drilling Plans

Location: News
African Energy Chamber

Namibia's offshore oil and gas industry is set for significant growth in 2025, driven by new licensing opportunities and an uptick in drilling activities, Petroleum Commissioner Maggy Shino announced during a webinar hosted by the African Energy Chamber (https://EnergyChamber.org), Wood Mackenzie and Namibia's Ministry of Mines and Energy. The move is set to attract fresh investment as the country cements its status as one of the world's most promising oil frontiers.

“We are operating in an open licensing regime and will be receiving applications shortly,” Shino stated, noting that available acreage spans deepwater, ultra-deepwater and shallow-water environments.

Meanwhile, development is accelerating on two of Namibia's most significant discoveries. TotalEnergies' Venus project in Block 2913B remains on track for a final investment decision (FID) in 2026, with new data confirming better density and permeability compared to surrounding blocks. On Galp's Mopane discovery, Shino revealed that 3,500Km2 of high-density seismic data were collected this week to refine volume estimates and advance the project toward FID.

On Shell's PEL 39 discovery – where the company recently wrote down $400 million – the Commissioner said Shell and its partners are analyzing data from the nine wells drilled so far to “ensure we have designed a pathway to development” and to determine the next steps.

Namibia's offshore basin remains vastly underexplored, despite its enormous scale. “The scale is enormous – there's 220,000 square kilometers of offshore license acreage,” said Ian Thom, Research Director for Sub-Saharan Africa Upstream at Wood Mackenzie. “With just over 20 exploration and appraisal wells drilled, this area is still hugely underexplored.”

“The resources are definitely there,” said Verner Ayukegba, Senior Vice President of the African Energy Chamber. “The big questions now revolve around sub-surface conditions, gas content and how best to commercialize these discoveries.”

Drilling activity in Namibia is set to ramp up in 2025, with seven wells expected this year alone. BW Energy plans to drill at the Kharas prospect within the Kudu license, while Rhino Resources awaits results from two high-impact wells in PEL 85. In South Africa's Orange Basin, TotalEnergies is expected to drill in Block 3B/4B, and Shell may drill in an ultra-deepwater block near the maritime boundary with Namibia.

On the Kudu license, Shino stated that BW Energy has “identified new targets with upside potential – not only for gas, but also for oil within the main area,” with two wells planned by year-end.

As Namibia advances toward first oil production, the government is committed to ensuring that petroleum discoveries translate into long-term economic benefits for the nation. “We are offering a sustainable operating environment, ensuring all discoveries are in a race to first oil while making a lasting impact on the local economy,” said Shino. Namibia's stable economy, industry alignment, respect for contract sanctity, expansive basins available for exploration and commitment to delivering sustainable energy resources position it as an attractive destination for investment.

Namibia's exploration boom and available licensing opportunities will take center stage at African Energy Week (AEW): Invest in African Energies 2025, where government leaders, industry executives and investors will discuss the latest developments firsthand. With major discoveries advancing toward production and new blocks opening for investment, AEW offers unparalleled access to key decision-makers shaping Namibia's energy future.

Distributed by APO Group on behalf of African Energy Chamber.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Media files
African Energy Chamber
Download logo
Read moreNamibia Unveils Offshore Drilling Plans

Final Decision on Free State Municipalities’ Potential Disconnection

Location: Business

Thursday, 20 March 2025: Eskom is actively working with defaulting Free State municipalities to resolve outstanding debt following an intervention by the Minister of Electricity and Energy (MoEE), Dr Kgosientsho Ramokgopa, on 17 February 2025. The initiative seeks to develop sustainable solutions for municipalities facing electricity-related financial difficulties. During a meeting in Bloemfontein, Minister Ramokgopa...

Read moreFinal Decision on Free State Municipalities’ Potential Disconnection

Why Loadshedding Was Suspended at 05:00

Location: Business

Thursday, 20 March 2025: Eskom confirms that loadshedding was suspended at 05:00 this morning supported by a constrained but stable power system and adequate emergency reserves.  Eskom had sufficient emergency reserves for last night’s evening peak. However, the loss of five generating units before and during this period necessitated the implementation of Stage 2 loadshedding...

Read moreWhy Loadshedding Was Suspended at 05:00

Eskom Welcomes NERSA’s Approval of a Distribution Agency Agreement

Location: Business

Thursday, 20 March 2025: Eskom welcomes the National Energy Regulator of South Africa’s (NERSA) approval to amend its distribution facility licence, incorporating the Warden and Ezenzeleni areas, into its licensed electricity supply areas in the Free State. This follows the Phumelela Local Municipality’s resolution to transfer electricity services and infrastructure in these areas to Eskom...

Read moreEskom Welcomes NERSA’s Approval of a Distribution Agency Agreement

UAE Investments Drive African Mining Growth

Location: News

Energy Capital & Power
Download logo

Ambrosia Enters Malian Market 

In February 2025, investment fund Ambrosia Investment Holding acquired a 50% stake in Canadian firm Allied Gold's mining projects in Ethiopia and Mali. As part of the deal, Ambrosia will inject $375 million in working capital to accelerate project development, boosting Ethiopia and Mali's gold output by 290,000 ounces per annum by mid-2026 and 400,000 ounces per annum by 2028, respectively. Additionally, Ambrosia plans to deploy solar photovoltaic and battery energy storage systems to ensure energy security at the Sadiola mine in Mali by July 2026 as part of the acquisition agreement. 

AD Ports Kickstarts Luanda Operations 

Logistics firm AD Ports Group started operations at the Luanda Port in January 2025 as part of a $250 million investment plan. With the Luanda Port handling 76% of Angola's cargo volumes and serving as a crucial trade corridor between international markets and Angola, Zambia and the Democratic Republic of Congo, AD Ports' investment will bolster the region's mining sector. AD Ports will operate the terminal over the next 20 years. The company could increase investments at the facility to $380 million to meet the growing demand for logistics as Angola's container volumes are anticipated to increase by 3.3% annually over the next decade. 

IHC Bolsters Production at Mopani Mine 

International Holding Company boosted ore production at the Mopani Mine in Zambia from 2.2 million tons to 2.8 million tons in January 2025 through its $1.1 billion investment made in March 2024. The mine has also improved copper grade from 1.68% to 2.21% and expanded employment from 10,765 to 12,684 workers. 

Emiral Expedites Ghana, Mauritania Projects 

Emiral Mining is fast-tracking its iron ore project in Mauritania, with a pre-feasibility study report set for release in Q1, 2025. The company has invested $40 million in exploration since February 2020. Additionally, Emiral Mining is strengthening Ghana's gold industry through its majority stake in Asante Gold Corporation, the operator of Ghana's major gold mines such as Bibiani and Chirano. Asante Gold Corporation is undertaking a $522 million expansion program for the Bibiani and Chirano Mines. 

Looking Ahead 

A number of UAE public and private sector entities are seeking partnership and investment opportunities across various African markets. International Resources Holding signed an agreement with South Africa's Public Investment Corporation in late 2024 to invest in mining, green energy and logistics projects. Similarly, DP World announced a five-year $3 billion investment plan in mid-2024 to enhance Africa's logistics infrastructure and facilitate mineral exports to international markets. In Kenya, the UAE Ministry of Investment and Abu Dhabi's sovereign wealth fund ADQ signed agreements in 2024 to invest in the country's mining sector as part of broader efforts to enhance bilateral trade and economic cooperation. 

The upcoming African Mining Week – taking place October 1-3 in Cape Town - presents an ideal platform for UAE and African stakeholders to strengthen industry cooperation. As the premier event for the African mining industry, African Mining Week fosters collaboration and dealmaking, striving to advance projects and consolidate the continent's position as a global mineral producer. The event takes place under the theme From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth. 

African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

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

Read moreUAE Investments Drive African Mining Growth

Deputy President Shipokosa Paulus Mashatile Concludes Working Visit to Japan

Location: News

The Presidency of the Republic of South Africa
Download logo

Deputy President Sipokosa Paulus Mashatile has successfully concluded his working visit to Japan aimed at reaffirming the strong cooperation between South Africa and Japan in areas of mutual interest. 

As the two countries mark 115 years of well established diplomatic relations, the year 2025 also marks a special milestone, with both countries chairing important multilateral organisations – South Africa's Presidency of the G20 and the Tokyo International Conference on African Development (TICAD-9) Summit led by Japan.

During the working visit, the Deputy President met with Japanese Government officials, including paying a courtesy call on His Excellency Mr Ishiba Shigeru, Prime Minister of Japan and Chief Cabinet Secretary Mr Yoshimasa Hayashi.

The Deputy President expressed his appreciation for Japan's support for South Africa's Presidency of the G20 and looked forward to collaborating with Japan to ensure that TICAD-9 is a success.

“Since 1993, Japan has been hosting TICAD, which focuses on Japan's support of African development through public and private support of initiatives aimed at peace and stability, and growth in the private sector, infrastructure, human resources, climate change, and education. Indeed, South Africa and Africa have a reliable and respectable ally in Japan,” said the Deputy President.

The Deputy President also met with the Japan-African Union Parliamentary Freindship League with the aim of strengthening bilateral relations and parliamentary cooperation between South Africa and Japan.

The meeting emphasized the importance of parliamentary diplomacy in promoting mutual understanding and cooperation and highlighted the importance of the Japan-African Union Parliamentary Friendship League in fostering stronger ties between Japan and African countries. 

The Deputy President also had an opportunity to engage with the representatives of the Japanese business community which included Japan External Trade Organisation (JETRO) and Japan Organisation for Metals and Energy Security (JOGMEC), Keidenran and the Association of the African Economy and Development in Japan Committee (AFRECO), with the objective of promoting trade, investment and economic cooperation between the two countries.

During these engagements, the Deputy President highlighted South Africa's favourable business environment, skilled workforce and strategic location, making it an attractive destination for Japanese investment.

Addressing concerns raised by the Japanese business community, the Deputy President reported on progress made in reducing the backlog and fast racking visa applications, government's commitment to ending loadshedding and ensuring safety for citizens and investors.

The Deputy President is confident that these engagements will yield positive results, further strengthening the partnership between the two countries.

“As this delegation goes back to South Africa, we have a collective mandate to bring to life some of the discussions and agreements that we have had with our counterparts and other stakeholders here. We are motivated and will do everything it takes to make sure another 115 years, with sustainable economic, cultural and people-to-people benefits for the people of both our countries.” said Deputy President Mashatile.

The Deputy President was supported by the Deputy Minister of International Relations and Cooperation, Ms Thandi Moraka; the Minister of Sport, Arts & Culture, Mr Gayton McKenzie; the Minister of Higher Education, Dr Nobuhle Nkabane; the Minister of Agriculture Mr John Steenhuisen; the Minister of Trade Industry and Competition, Mr Parks Tau; and the Deputy Minister of Science, Technology and Innovation, Ms Nomalungelo Gina.

Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.

Read moreDeputy President Shipokosa Paulus Mashatile Concludes Working Visit to Japan

The Africa Debate Returns to London

Location: News
Invest Africa

Now in its 11th year, The Africa Debate 2025 returns as London's leading Africa-focused investment forum, bringing together global policymakers, industry leaders, and investors at the prestigious Guildhall on 2 July 2025. 

At a time when Africa's economic transformation is at a critical inflection point, this year's debate will focus on “Harnessing Natural Capital for Growth.” With 60% of the world's richest solar resources and a wealth of critical minerals crucial to next-generation industries, Africa is positioned at the centre of the global energy transition. However, realising this opportunity requires more than just resource extraction. The focus must shift towards bold policy reforms, investment in value chains, and partnerships that promote industrial growth, ensuring Africa is not just a supplier of raw materials but a leader in global markets. 

“Africa is no longer defined by its raw materials - it is emerging as a global force in advanced industries, sustainable energy, and digital innovation,” said Chantelé Carrington, CEO at Invest Africa. “The challenge now is not just unlocking potential, but turning ambition into action. This year's debate will bring together visionary leaders and investors to shape the strategies that will drive Africa's next phase of economic transformation.”  

Key Themes Driving The Africa Debate  

This year's discussions will focus on four central themes shaping Africa's investment landscape:  

  • Africa's Role in Global Supply Chains: With demand for green energy and digital infrastructure surging, Africa has a unique opportunity to move up the value chain and position itself as a leader in advanced manufacturing and sustainable industrialisation. At The Africa Debate, we will explore the policies, investments, and trade agreements needed to ensure that Africa captures greater economic value from its natural capital rather than exporting it in its raw form. 
  • Mobilising Capital for Natural Resources: Unlocking Africa's vast resources requires smart, structured finance. Traditional funding models have fallen short in mobilising the capital needed for infrastructure, energy, and industrialisation. At The Africa Debate, we will examine how blended finance, innovative investment vehicles, and risk-mitigation tools can de-risk projects and bridge Africa's financing gap. 
  • Digitalising Natural Capital: Africa loses an estimated $88.6 billion annually to illicit financial flows, opaque commodity trading and resource mispricing. Could blockchain technology provide the transparency and security needed to capture fair value from resources? At The Africa Debate, we will explore whether blockchain and digital solutions can revolutionise governance in extractives, sustainable agriculture, and carbon markets. 
  • Industrialisation and Energy: Africa must triple its energy generation capacity by 2040 to meet growing industrial and consumer demand, yet investment in the energy sector remains fragmented and inconsistent. At The Africa Debate, we will explore bankable energy solutions—from renewables and gas to nuclear—and discuss the financing models needed to ensure Africa secures reliable, sustainable, and scalable energy for industrial growth. 

The Africa Debate 2025 offers a unique platform for deal-making, strategic discussions and networking that will shape the future of trade and investment across the continent. Attendees will gain exclusive insights from high-level industry leaders, investors, and policymakers driving Africa's economic transformation. Join us on 2 July 2025 at London's Guildhall for a day of unparalleled thought leadership and opportunity. Register now at The Africa Debate 2025 (https://apo-opa.co/4hj6zsc). 

Distributed by APO Group on behalf of Invest Africa.

Media Contact: 
Invest Africa 
Email: pippa.vanbreda@investafrica.com

Websites: 
Invest Africa: www.InvestAfrica.com
The Africa Debate: https://TheAfricaDebate.com

About The Africa Debate: 
The Africa Debate is London's premier investment forum dedicated to shaping the future of African trade, investment, and economic transformation. Now in its 11th year, the event serves as a critical platform for global businesses, investors, policymakers, and thought leaders to engage in high-level discussions on Africa's evolving role in the global economy. 

About Invest Africa: 
Invest Africa is a leading business and investment platform with over sixty years of expertise in Africa, dedicated to connecting businesses with unique opportunities across the continent. Their global network comprises more than 400 member companies, including multinationals, private equity firms, institutional investors, development finance institutions, professional service providers, government bodies, and entrepreneurs. With chapters in Kenya, South Africa, the UAE, the UK, and the US, Invest Africa leverages their global reach, market intelligence, and extensive network to support and connect businesses. As a trusted gateway into Africa, they drive socio-economic growth by facilitating sustainable capital flows and providing strategic insights through our membership, consultancy services, and dynamic events programme. 

Media files
Invest Africa
Download logo
Read moreThe Africa Debate Returns to London

Eskom to Implement NERSA-Approved Financial Year 2026 Tariffs: Removing Unintended Subsidies and Introducing Simplified and Transparent Tariffs, Effective 1 April 2025

Location: Business

Wednesday, 19 March 2025: Eskom welcomes the 11 March 2025 decision by the National Energy Regulator of South Africa (NERSA) to approve the Financial Year (FY) 2026 Eskom tariffs adjusted with the 2025/26 tariff increase and changes to the tariff structures. The tariffs for Eskom direct customers will increase by 12.74% effective on 1 April...

Read moreEskom to Implement NERSA-Approved Financial Year 2026 Tariffs: Removing Unintended Subsidies and Introducing Simplified and Transparent Tariffs, Effective 1 April 2025

Developing oil and gas resources can boost economy

Location: News

Developing oil and gas resources can boost economy

Mineral and Petroleum Resources Minister Gwede Mantashe says developing the country’s gas and oil potential could be a game changer for economic growth.

“The South African government wants accelerated oil exploration in the country’s waters, we believe developing the country’s oil and gas resources could boost the country’s economic growth rate to 5% and possibly 8%. 

“Government took a decision to rationalise some of our State-owned Entities [SOEs] to form the South African National Petroleum Company [SANPC]. The SANPC is a strategic intervention by government to create a State-owned national company to actively pursue oil and gas projects,” the Minister said in his speaking notes at the 4th Annual Southern Africa Oil and Gas (SAOG) Conference in Cape Town on Wednesday.

Exploration has found that South Africa’s coastal and adjoining waters hold approximately nine billion barrels of oil and a further 11 billion barrels oil equivalent of natural gas, although there remains uncertainty about the extent.

Mantashe noted that considering increasing demand for natural gas, “government has moved with speed to finalise the Gas Master Plan to achieve a stable and growing economy”. 

“The Gas Master Plan is designed to complement existing energy policies and contribute to an integrated energy planning approach for the country as outlined in the updated Integrated Resources Plan. It provides a framework for the role of natural gas in the energy mix and gives policy direction to industry. 

“Its objective is to ensure that government is able to diversify supply options from local and international markets. Furthermore, to facilitate the development an efficient, competitive and responsive energy infrastructure network, such as gas storage facilities, liquefied natural gas import facilities, pipeline networks and regasification plants.

“Through this, the Plan would also enhance localisation, create jobs and enable inclusive economic growth,” Mantashe said.

He noted that the European bloc of nations is looking to Africa to “diversify its gas supplies”. 

“While this presents an opportunity to earn foreign revenue, we should ensure that we do not export our gas at the expense of domestic and regional markets. It is imperative for SADC [Southern African Development Community] countries to be resolute in their efforts to unlock oil and gas exploration and development. 

“This further presents SADC countries with an opportunity to determine conditions that will alleviate global oil and gas prices by developing their own resources.

“There must be a concerted effort among African nations to ensure that the oil and gas sector grows and thrives through investments in the upstream development for the economic prosperity of our nations,” he said. – SAnews.gov.za

NeoB
Wed, 03/19/2025 - 13:44
 31 views

Read moreDeveloping oil and gas resources can boost economy

SA gears up for Water Investment Summit

Location: News

SA gears up for Water Investment Summit

Water and Sanitation Minister Pemmy Majodina is set to host the preparatory meeting for the African Union-Africa Water Investment Programme (AU-AIP) Water Investment Summit 2025.

The meeting is scheduled to take place on the sidelines of the International Water Association (IWA) Congress, currently underway in Cape Town.

The department said the preparatory meeting, to take place on Thursday, is a critical step towards the AU-AIP Water Investment Summit, scheduled to take place at Cape Town in August.

“The summit aims to mobilise at least USD 30 billion annually for climate-resilient water and sanitation initiatives across Africa, aligning with South Africa’s G20 Presidency priorities on economic growth, climate sustainability, and enhanced financing for development,” the Department of Water and Sanitation (DWS) said on Wednesday.

The preparatory meeting will bring together key stakeholders, including government representatives, international development agencies, private sector investors, and civil society organisations, to refine the objectives, thematic areas, and expected outcomes of the summit scheduled for August.

“The meeting will also serve as a platform to consolidate bilateral partnerships and secure commitments. Additionally, it will ensure that the summit aligns with South Africa’s G20 Presidency goals and effectively contributes to water security and investment mobilisation in Africa,” the department said.

Among the delegates expected to participate at the summit, include:
•    Jakaya Kikwete, former President of the United Republic of Tanzania, chair of the Global Water Partnership Southern Africa (GWPSA), and co-chair of the Africa Water Investment Panel, which includes sitting and former Presidents and eminent leaders (President Cyril Ramaphosa of South Africa is also a member of the AIP Panel).
•   Arif Alkalali, General Supervisor of the General Directorate for Water Resources in the Ministry of Water, Environment, and Agriculture, Kingdom of Saudi Arabia.
•    Anxious Jongwe Masuka, Minister of Lands, Agriculture, Water, and Rural Resettlement, Zimbabwe.
•    Collins Nzovu, Minister of Water Development and Sanitation, Republic of Zambia.
•    Dr Cheikh Tidiane Dièye, Minister of Water and Sanitation, Republic of Senegal, and President of the African Ministers’ Council on Water (AMCOW). – SAnews.gov.za
 

GabiK
Wed, 03/19/2025 - 13:20

14 views

Read moreSA gears up for Water Investment Summit

AEW 2025 Program Launches, Highlighting African Energy Security and Global Investment Opportunities

Location: Business
African Energy Chamber

The African Energy Week (AEW): Invest in African Energies conference has officially launched its 2025 program, covering strategic topics from upstream oil and gas to downstream infrastructure and distribution to the energy transition, power industry, energy finance and more. The program offers insight into what this year's edition will offer, as industry leaders, global investors, major operators and think-tanks convene in Cape Town to discuss Positioning Africa as the Next Global Energy Champion.  

As the largest event of its kind in Africa, AEW: Invest in African Energies serves as a vital platform to sign deals and drive energy projects forward. This year's event offers an expanded program, featuring a variety of stages covering the entire energy value chain. Additional features include pre-conference workshops, a deal room, the return of the African Farmout Forum, technical hubs, fireside chats and more. The Just Energy Transition concert returns to kick off the week while the African Energy Awards & Gala Dinner celebrates movers and shakers in African energy. 

One of the highlights of this year's conference is the G20 Energy Leaders Roundtable, which comes as South Africa hosts the 20th meeting of the G20 group this year. A series of country spotlights will also take place during the course of the week, covering markets such as South Africa, Senegal, Equatorial Guinea, Namibia and the Republic of Congo, as well as an OPEC roundtable featuring major OPEC-producers. A BRICS roundtable will examine the impact the group has on Africa's energy future while a COP 30 roundtable will discuss Africa's position ahead of the conference this year.  

Africa's energy sector is more attractive than ever, as regulatory reforms, ambitious policies and long-term development strategies continue to entice spending. Total capital expenditure for the oil and gas industry alone is estimated to reach $43 billion in 2025, with spending set to reach $54 billion by 2030. AEW: Invest in African Energies 2025 features an energy finance stage, with discussions covering the African Energy Bank; investment trends in Africa and reducing barriers to entry. The stage will unpack Mergers & Acquisitions; financing cross-border projects; energy access and equity, among other topics.   

As one of the final frontiers for oil and gas exploration, Africa is seeing a plethora of projects advance. West Africa is projected to lead oil and gas spending in 2025, accounting for over 50% of the continent's total expenditure. While established producers such as Nigeria remain dominant, emerging producers such as Senegal and Mauritania are attracting high levels of investment. In Southern Africa, Namibia targets first oil by 2029 while South Africa seeks to unlock discoveries in both its offshore basins and onshore shale prospects. Zimbabwe targets onshore gas production while Mozambique advances its pipeline of large-scale LNG projects. AEW: Invest in African Energies Upstream E&P Forum will examine the continent's exploration hotspots. Panels include onshore and shallow water potential; the resurgence of Libya; onshore basins to watch; the outlook for LNG; and deepwater plays.  

Amid the continent's oil and gas drive, Africa also seeks to advance a just energy transition, Countries such as Mauritania, Namibia and South Africa are spearheading large-scale green hydrogen developments while solar and wind developments offer increased accessibility for remote communities. Gas-to-power is a central feature of the continents just energy transition, with Algeria, Nigeria and Egypt leading the charge. The AEW: Invest in African Energies Energy Transition stage will unpack strategies for decarbonizing while boosting industrialization. Topics include addressing energy security and climate commitments; clean cooking opportunities; local content; integrated ESG, and more.  

As Africa seeks to make energy poverty history by 2030, a fundamental industry is the power sector. Efforts are underway across the continent to revitalize power infrastructure, with both grid-connected and off-grid projects advancing. International partners have a role to play in supporting power projects and the AEW: Invest in African Energies Powering Africa stage will address this. Topics include energy leaders dialogue; energy efficiency; bridging the electricity gap; energy diversification; and integrating renewables into the energy mix.  

“Africa is on the cusp of an energy revolution, and AEW: Invest in African Energies is where the deals that will define our continent's future are made. We remain committed to making energy poverty history by 2030, and through this event, we are accelerating the partnerships and policies that will make that vision a reality,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.  

Visit www.AECWeek.com to download your copy today.  

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event.  

Distributed by APO Group on behalf of African Energy Chamber.

Media files
African Energy Chamber
Download logo
Read moreAEW 2025 Program Launches, Highlighting African Energy Security and Global Investment Opportunities

SA condemns Israeli airstrikes on Gaza

Location: News

SA condemns Israeli airstrikes on Gaza

South Africa has condemned the extensive Israeli airstrikes carried out across Gaza dron Tuesday, resulting in the deaths of over 350 Palestinians. 

The deadly airstrikes occurred following a failure to implement the second stage of the peace agreement with Israel, despite ongoing negotiations aimed at ensuring the ceasefire remains in effect.

The fatal attacks were reportedly authorised by the Israeli leadership more than a week ago. 

According to the Department of International Relations and Cooperation (DIRCO), this raises concerns about the commitment to the permanent ceasefire outlined in the plan negotiated by the United States, Egypt and Qatar.

The Palestinian Health Ministry said many of those killed were children and several victims remain under the rubble.  

Reports suggest that airstrikes were concentrated on heavily built-up neighbourhoods, makeshift schools and residential buildings where people have been sheltering, which is a "blatant violation of international law, including international humanitarian law".

“South Africa is gravely concerned by the military onslaught and the fact that millions of people in Gaza are facing severe food and water shortages, as Israel continues to block aid and cut off energy supplies to the strip,” DIRCO said in a statement. 

Meanwhile, the department said Israel, which has enforced a total blockade of Gaza, has now issued new forced displacement orders for several areas. 

The department said the provisional orders issued by the International Court of Justice (ICJ) oblige Israel to take all measures within its power to prevent acts of genocide, ensure humanitarian assistance reaches Gaza, and preserve evidence related to alleged genocide.

The United Nations’ Humanitarian Coordinator for the Occupied Palestinian Territory, Muhannad Hadi, has urged that the ceasefire in Gaza be immediately reinstated. He called the waves of airstrikes across the Gaza Strip since the early hours of the morning “unconscionable.”

South Africa has also condemned the four targeted Israeli military strikes launched against southern Syria overnight, which killed at least two and wounded 19 others on the outskirts of the southern Syrian province of Deraa.

“The Syrian Observatory for Human Rights said Israel targeted a military site previously used by former President Bashar al-Assad’s forces, but which is now used by the army of Syria’s transitional government. 

“Israel’s airstrikes and previous statements that it does not want any Syrian military presence in the south of Syria is a violation of Syria’s sovereignty and territorial integrity,” DIRCO said. – SAnews.gov.za

Gabisile
Wed, 03/19/2025 - 08:55
 62 views

Read moreSA condemns Israeli airstrikes on Gaza

Dinner With Deputy President Mashatile of South Africa Hosted by State Minister Fujii for Foreign Affairs

Location: News

Ministry of Foreign Affairs of Japan
Download logo

On March 18, Mr. FUJII Hisayuki, State Minister for Foreign Affairs, hosted a dinner with the Honourable Mr. Paul Mashatile, Deputy President of the Republic of South Africa, who is visiting Japan upon the invitation of the Ministry of Foreign Affairs. The overview of the dinner is as follows.

  1. At the outset, State Minister Fujii welcomed Deputy Minister Mashatile's first visit to Japan, and expressed his wish to work closely with South Africa both bilaterally and internationally for the success of TICAD 9 and the G20 Johannesburg Summit to be held this year.
  2. In response, Deputy President Machatile thanked the Japanese side for the hospitality and welcomed the further deepening of the Japan-South Africa cooperation.
  3. The two sides exchanged views on cooperation in various fields, including economy, energy, culture, sports, and agriculture, as well as views on regional and international issues, including the East Asia situation.

Distributed by APO Group on behalf of Ministry of Foreign Affairs of Japan.

Read moreDinner With Deputy President Mashatile of South Africa Hosted by State Minister Fujii for Foreign Affairs

Unlocking Opportunities for a Climate-Resilient Future

Location: News
African Development Bank Group (AfDB)

The African Development Bank Group (www.AfDB.org) participated in the third edition of the Africa's Green Economy Summit (AGES) (https://apo-opa.co/4izmWCf) in Cape Town, South Africa, from 18 – 21 February, 2025.

The annual Summit, hosted by the African Union, brought together policy makers, stakeholders, private sector and experts who discussed Africa's green transition and the urgent need for increased investment in climate resilience. The conference was held under the theme, “Building a Climate Resilient Africa: Catalysing Investment and Innovation in the Green and Blue Economies”. Discussions over the four days cut across five key areas: climate finance, biodiversity and nature, green reforms, resilient cities and green industrialisation.

With its vast renewable energy potential, abundance of critical minerals essential for the global energy transition, and a growing commitment to climate-smart solutions, Africa is very well placed to lead the way toward sustainable global growth. As it navigates a path towards fully realizing these boundless possibilities, against the backdrop of mounting climate challenges, there is increasing focus on the urgency of resource mobilization.

Dr. Anthony Nyong, Director of Climate Change and Green Growth at the African Development Bank and keynote speaker at the summit's opening ceremony, touched on this in his remarks. Affirming that “Africa has enormous opportunities to lead global efforts to transition to a green economy”, he added that, “To build a climate-resilient Africa, adaptation must be at the heart of our strategies. While global climate finance continues to prioritize mitigation efforts, adaptation remains significantly underfunded, receiving less than 10 percent of total climate finance flows.”

Calling for a tripling of Africa's climate finance flows and green investments, and for the right partnerships to underpin the financing, Nyong concluded that “Together, we can build an Africa that thrives in harmony with nature.”

A “platinum sponsor” for the summit, the Bank featured in a range of activities, discussions and roundtables, consistently demonstrating its leadership role in supporting Africa's countries transition to climate resilience and low carbon development, as articulated in the its Climate Change and Green Growth Framework 2021 – 2030.

Harsen Nyambe, Director of Blue Economy and Sustainable Environment at the African Union, emphasized the summit's role as “a vital link between global capital and sustainable projects on the continent.”

Barbara Buchner, Global Managing Director of Climate Policy Initiative, stressed the critical need for private sector engagement, highlighting that existing funding amounts to only about 23 percent of Africa's estimated climate finance needs, while only 18 percent of the continent's climate finance is from the private sector – a figure “much lower than in other regions.”

Maxwell Gomera, South Africa Resident Representative of the United Nations Development Programme, highlighted another key issue: “We've sent people to the moon, yet we still haven't solved the challenge of clean cooking. This is a business problem.”

“For the African Development Bank, driving green growth in Africa comes with challenges but also significant opportunities. In this regard, AGES presents a unique platform to spotlight Africa as a land of green economic opportunities in a range of sectors such as renewable energy, critical minerals, climate-smart agriculture, green cities, low-carbon and climate-resilient infrastructure, among others,” said Al Hamndou Dorsouma, Manager of Climate and Green Growth at the African Development Bank.

On Tuesday, 18 February, the Bank Group hosted a Masterclass on Carbon Markets in Africa, explored how carbon markets are becoming more stable and attractive for growth, and offering new opportunities for market entry and project development.

By leveraging platforms like AGES, Africa can strengthen partnerships, unlock funding, and implement policies that drive a sustainable and resilient future. With targeted investments and bold commitments, the continent has the potential to lead the way in shaping a low-carbon, climate-smart economy that benefits both its people and the planet.

Read and watch Anthony Nyong's interview, here (https://apo-opa.co/4bAIT1g)

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Social Media:
EMBED FLICKR ALBUM https://apo-opa.co/4iXi7Cx
LINK TO CARBON MARKET BLOG

Media files
African Development Bank Group (AfDB)
Download logo
Read moreUnlocking Opportunities for a Climate-Resilient Future

Deputy President stresses importance of coordinated approach to challenges

Location: News

Deputy President stresses importance of coordinated approach to challenges

Deputy President Paul Mashatile has stressed the need for a coordinated approach to peacebuilding and economic resilience.

This as he highlighted that the conflicts between Russia and Ukraine and conflicts in the eastern Democratic Republic of Congo, Sudan, in the Sahel, and in Gaza, continue to exert a heavy human toll while heightening global insecurity. 

The Deputy President was speaking at the United Nations University (UNU) in Tokyo, Japan on Tuesday. 

The UNU, in partnership with the Embassy of South Africa in Japan, is co-hosting a symposium exploring South Africa's G20 Presidency and steps to ensure solidarity, equality and sustainability for all. 

Touching on the deepening conflict and instability across Africa and the world, the Deputy President said this requires coordinated preventive action including dedicated intervention on peace building that is programmatic in nature.

“We are encouraged by the partnership between the United Nations University and the University of South Africa (UNISA) in cooperation with other relevant partner organisations to co-design and co-deliver required capacity building programmes for African leaders and mediators for resolving conflicts and blazing a path towards achieving peace, security and prosperity, “the Deputy President explained.

He further emphasised the urgent need for comprehensive, African-centred peace-building research and training programmes that span throughout Africa to address the urgent demand for capacity for conflict management and resolution, as well as society reconstruction.

G20 Presidency

“In our G20 Presidency, South Africa will continue to advocate for diplomatic solutions. Inclusive dialogue is the foremost guarantor of sustainable peace.
“South Africa has shown a firm resolve in its foreign policy by promoting principles of justice, solidarity, equality, peace, and respect, underpinned by its commitment to human dignity and leaving no one behind,” he said. 

This was the reason South Africa has placed solidarity, equality, sustainability at the centre of its G20 Presidency.

As part of South Africa’s G20 intention to place Africa’s development at the top of the agenda, Mashatile outlined four key priorities which are strengthening disaster resilience, ensuring debt sustainability for developing economies, mobilising finance for a just energy transition, and harnessing critical minerals for sustainable growth. 

“Our hosting of the G20 Finance Ministers and Central Bank Governors Meeting, and the Business 20 provided an opportunity for us to promote South Africa and Africa as a business and investment destination and for the country to take the lead on providing solutions to global economic challenges,” he said. 

He emphasised the country’s commitment to driving economic reforms, increasing investor confidence, and enhancing structural efficiencies in energy, water, and transport sectors.

“We believe that addressing structural concerns is essential to maintaining investor confidence and ensuring long-term economic stability. It is only by accelerating structural reforms and harnessing the power of the private sector that the country can sustain economic momentum and attract further foreign investment.

“As the South African government, we are implementing extensive structural, policy, and regulatory reforms to enhance the economy's performance,” he said. 

AI role in shaping Africa’s economic future

The Deputy President also emphasised the role of artificial intelligence (AI) and digital transformation in shaping Africa’s economic future, calling for greater collaboration between African institutions and international organisations. 

Quoting Professor Tshilidzi Marwala, he noted the need for South Africa to embrace AI while also ensuring ethical considerations remain central to its deployment. 

He urged institutions like UNU to partner with African universities to foster digital skills development and AI-driven innovation.

As the G20 Presidency has shifted to South Africa, the Deputy President said that AI has emerged as a key area of focus.

Through the G20 Presidency, he said the country aims to harness AI to advance the Sustainable Development Goals agenda and address global challenges.

“We encourage the United Nations University to work alongside Africa in the development of AI, which has the potential to considerably boost the continent's economies. You must cooperate with additional universities in South Africa and throughout Africa to help overcome digital barriers, promote equality, and support inclusive sustainable development,” he said. 

Mashatile added that African governments are also recognising the importance of the digital economy, which is heavily influenced by artificial intelligence. He noted that the digital economy and AI are becoming more important drivers of economic and social value creation throughout the world. 

“We are investing in digital infrastructure, skills development, and entrepreneurship to assist Africa's digital economy to expand,” he said. – SAnews.gov.za

 

DikelediM
Tue, 03/18/2025 - 14:36
 98 views

Read moreDeputy President stresses importance of coordinated approach to challenges

Kenya’s President Ruto Awards African Development Bank’s Adesina Highest National Honour

Location: News
African Development Bank Group (AfDB)

  • “I am proud of the journey we started together ten years ago; I can see its fruits. Kenyans can feel its benefits,” President Ruto
  • “What a great honour! What a rare privilege! What a historic recognition!” Adesina

Kenya's President H.E. William Samoei Ruto has conferred the country's highest honour, Chief of the Order of the Golden Heart CGH, on the President of the African Development Bank Group, Dr Akinwumi Adesina (www.AfDB.org).

Dr Adesina becomes the 20th recipient of the honour that was established in 1967 and first awarded to Kenya's founding father and former President, H.E. Jomo Kenyatta. Others include globally renowned leaders such as former UN Secretary General Kofi Annan, South Africa's Nelson Mandela, Queen Elizabeth II of the United Kingdom, Uganda's Yoweri Museveni and Kenya's subsequent Presidents Daniel arap Moi, Mwai Kibaki, Uhuru Kenyatta and Dr Ruto.

During a colourful investiture ceremony at Nairobi's State House, President Ruto praised Dr Adesina's distinguished service, commitment, and passion for the economic development of Kenya and Africa.

President Ruto congratulated Adesina and told him, “You are amazing. You are a great leader. You deserve this honour and investiture.” 

The two leaders share a warm relationship that dates back 20 years when Adesina lived and worked in Kenya for the Alliance for Green Revolution in Africa, AGRA. At that time Ruto was Kenya's Minister for Agriculture. Both recalled how they worked together to provide subsidies to farmers despite opposition at the time from some donors and global financial institutions.

President Ruto said under his presidency he has continued with the same policy of offering subsidies to farmers, leading to an increase in the country's food production.

“Our maize production increased from 40 million to 70 million bags last year. Our sales from tea, generated more than 220 billion shillings [approximately $1.7 billion], the highest ever earnings.”

“I am proud of the journey we started together ten years ago; I can see its fruits. Kenyans can feel its benefits,” President Ruto told Adesina who was accompanied by his wife, Mrs Grace Yemisi Adesina.

In its citation, the Kenya government recognized Adesina as a distinguished economist and a global development leader.

“He transformed the African Development Bank into a globally recognized institution for financial innovation and development impact and grown  the Bank's general capital from $93 billion to $318 billion,” the citation reads.

In his acceptance speech, Adesina said: “I am greatly humbled by your incredible kindness! What a great honour! What a rare privilege! What a historic recognition!”

Adesina spoke about Kenya's special place in the history of the Bank which was established in 1964. Since then, the Bank has financed a total of 167 projects, with financial commitment of $7.8 billion.

He said the Bank's current portfolio in Kenya consists of 45 projects worth $4.09 billion. They include, among others: 

  • The Last-Mile Connectivity electricity project, which has helped to increase the number of Kenyans connected to the national electricity grid from 2.42 million households in 2014 to 9.7 million households in 2024.
  • The expansion of the Thika-Nairobi Highway, which has drastically reduced travel time from 2-3 hours to just 30-45 minutes between the two destinations.
  • The Bank is providing $634 million for the Kenya Town's Sustainable Water Supply and Sanitation project. This includes 314.92 million Euros for the construction of the Thwake Multipurpose Water Dam, to be completed by July 2026. It will provide water to about 1.3 million people in Kitui and Makueni counties, as well as the Konza Techno-City in Machakos County.
  • The Bank's support for the private sector in Kenya includes over $700 million in lines of credit to more than eight commercial banks.

President Ruto said the Bank's support to the country's mortgage sector has boosted the government's national housing programme, with 150,000 houses under construction, generating jobs for 260, 000 youth.

Speaking about Kenya's high youth unemployment, Adesina pointed to several youth riots that shook the country last year.

In addition to providing $309 million for eight on-going projects targeting skills development, Adesina said the Bank is preparing for Board approval, financial support for the establishment of a Youth Entrepreneurship Investment Bank of Kenya.

“This will be a stand-alone financial institution, that will be 100 percent dedicated to providing technical assistance, debt and equity financing for youth businesses in Kenya.”

Adesina was accompanied by Vice President for Power, Energy, Climate and Green Growth Dr Kevin Kariuki, the Vice President for Regional Development, Integration and Business Delivery Nnenna Nwabufo; the Director General for East Africa, Kennedy Mbekeani; the Executive Director for Eastern Africa, Jonathan Nzayikorera; and his Senior Advisor to the President for Communication and Stakeholder Engagement Dr Victor Oladokun, who delivered the opening prayer for the ceremony.

“This is an honour that I will cherish for life,” Adesina said. “It will be a constant reminder that the country I love so much, Kenya, loves me back, appreciates and celebrates my leadership at the African Development Bank, and values and honours the incredible contributions of the Bank to its development. I accept this honour with great humility.”

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

To look at the album click  here (apo-opa.co/3FzwNt7).

About the African Development Bank Group:
The African Development Bank Group is Africa's premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

Media files
African Development Bank Group (AfDB)
Download logo
Read moreKenya’s President Ruto Awards African Development Bank’s Adesina Highest National Honour

Opportunities presented by green economy must be a shared prosperity

Location: News

Opportunities presented by green economy must be a shared prosperity

Trade, Industry and Competition Deputy Minister Andrew Whitfield says there is a need for global consensus to ensure that the new opportunities presented by the green economy result in shared prosperity.

He was leading a delegation of officials from the Department of Trade, Industry and Competition (the dtic), in briefing a joint session of the Portfolio and Select Committees on the policy priorities of South Africa’s G20 Presidency and the dtic’s role in this regard.

Tuesday's session was held ahead of the first Trade and Working Group meeting which will be held virtually later in the day.

The working group is expected to hold further meetings later in the year before the main ministerial meeting in October. 

Its primary focus will be on four priority areas, namely, trade and inclusive growth, a responsive trade agenda to address global commons, green industrialisation and the reform of the World Trade Organization.

The Deputy Minister told the Parliamentarians that the G20, as a forum of the largest economies in the world, bears a unique responsibility in ensuring a response to the environmental, social and economic challenges that continue to affect stability and hamper the pursuit of sustainable development.

“A particularly worrisome prospect is the lack of multilateral solutions and cooperative approaches and widening punitive approaches to addressing the issues of global commons and the rise in risks of fragmentation of international trade in the context of the transition to cleaner energy sources. 

“We need to ensure that trade and climate/environmental policies should be mutually supportive and are consistent with World Trade Organisation principles contribute to the objectives of sustainable development. 

“Mobilising support and resources to tackle the internal disparities driven by the uneven distributional effects of trade and globalisation is critical,” he said.

He said investments into developing countries must move away from “pit to port” activities that promote resource extraction.

“There is a need to promote beneficiation and local value addition of resources at source resulting in an additive rather than an extractive relationship. 

“This necessitates finding a requisite balance that ensures that resource-rich countries benefit greatly from their endowments and that investments that contribute to structural transformation and industrial development while there is also a flow of resources to ensure the integrity of global and regional value chains. 

“By strengthening and reforming multilateral mechanisms and institutions; by deepening International economic cooperation, we can indeed realise a better world free from the twin scourges of inequality and underdevelopment,” he said. – SAnews.gov.za

 

Edwin
Tue, 03/18/2025 - 14:15
 152 views

Read moreOpportunities presented by green economy must be a shared prosperity

African Markets Digitalize Mining Licensing to Boost Investments

Location: Business

Energy Capital & Power
Download logo

African countries rich in minerals are accelerating the digitalization of their mining licensing processes to attract investment and maximize resource exploitation for economic growth. As part of this push, Zambia launched its Zambia Integrated Mining Information System last month, aiming to streamline the awarding of licenses. The digital platform is set to play a key role in attracting mining partners and help the country reach its goal of increasing copper production to 3.1 million metric tons by 2031. This launch follows a record-breaking $9.3 billion in mining investments in 2024 and a 79% increase in permits granted, reflecting growing global interest in Zambia's mining potential.

As African markets increasingly adopt digital solutions to simplify licensing procedures, African Mining Week will be at the forefront of this transformation, showcasing the vast potential of the continent's digitalized mining sector. The event will highlight lucrative investment opportunities across various markets, featuring numerous mining blocks being licensed by African nations.

South Africa, historically a major gold producer, plans to leverage its first digital mining licensing system to attract new investors and diversify its mining sector. Set for launch by June 2025, the system will improve the efficiency and transparency of the licensing process, reducing the time required to initiate new mining projects, including those for platinum group metals, according to Gwede Mantashe, South African Minister of Mineral Resources and Petroleum.

Tanzania is also streamlining its mining sector with a new licensing management system designed to maximize investments in lithium, graphite and rare earth minerals – commodities that are experiencing soaring global demand. According to Aziza Swedi, Acting Director of the Tanzania Mining Commission, the country has issued 54,626 mining licenses over a seven-year period through November 2024, with plans to expedite future licensing via its digital platform.

Rwanda has embraced digital transformation in its mining sector with the launch of the Inkomane Digital platform in October 2024. Companies such as Aterian have aligned their mineral trading operations with this tool. The platform connects mining companies, trading partners and regulatory bodies like the Rwanda Revenue Authority, enhancing compliance, workforce management, payroll generation and monitoring of mining activities. Similarly, Nigeria introduced its Mineral Resources Decision Support System in May 2024 to attract investors to its vast solid mineral reserves. The platform serves as a one-stop shop, offering easy access to geological and policy data while enabling investors to seamlessly apply for mining permits.

As more African nations integrate digital tools into their mining sectors, African Mining Week will spotlight the digitalization of mining operations across the continent. The event will feature discussions on new licensing systems and highlight the investment opportunities emerging as African nations unlock their mineral wealth.

African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

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

Read moreAfrican Markets Digitalize Mining Licensing to Boost Investments

AEW 2025 to Address South Africa’s Power Crisis

Location: Business
African Energy Chamber

South Africa faces a critical energy challenge: securing a stable power supply while transitioning to a low-carbon future. The African Energy Chamber's (EnergyChamber.org/) State of African Energy 2025 Outlook Report provides a detailed analysis of this shift, highlighting the country's continued reliance on coal, the slow pace of renewable energy integration and the urgent need for infrastructure investments to modernize the grid. These insights will set the stage for key discussions at African Energy Week (AEW) 2025: Invest in African Energies, where industry leaders will examine how South Africa and other mature markets across the continent can balance energy security with decarbonization.

Coal remains the cornerstone of South Africa's power generation, contributing over 80% to the energy mix. This heavy reliance has led to ongoing load-shedding – constraining industrial productivity, discouraging investment and limiting GDP growth to less than 1% annually over the past decade. Addressing this crisis requires urgent intervention through infrastructure investment, diversification of the energy mix and policy reforms to enhance grid stability and efficiency. This will be a key focus for stakeholders at AEW 2025, where discussions will center on accelerating the transition to a more resilient and diversified energy system, enhancing the role of renewables and gas-to-power solutions, and attracting critical investments to modernize the grid and reduce dependence on coal.

In response to the energy crisis, South Africa has embarked on integrating renewable energy sources. The Renewable Energy Independent Power Producer Procurement Program has been instrumental, with over 7.2 GW of solar PV and 3.6 GW of onshore wind capacity installed by the end of 2023, collectively accounting for over 17% of the country's total installed capacity. Gas-to-power projects have also emerged as a viable solution, with the government issuing requests for proposals for 2 GW of such projects in late 2024. Concurrently, battery energy storage systems are being developed, with the Department of Mineral Resources and Energy launching bid rounds totaling over 1.7 GW/6.9 GWh of storage capacity.

South Africa's Just Energy Transition Investment Plan has drawn global interest, securing $8.5 billion in commitments from partners including France, Germany, the UK, the US and the EU. However, disbursement remains a challenge, with only $1.9 billion allocated to date – primarily for grid expansion and support for coal-mining communities. As the country navigates the complexities of a large-scale transition, key issues such as grid constraints, the integration of renewables and ensuring a stable, sustainable energy supply will be addressed at AEW 2025.

Taking place in Cape Town, AEW 2025: Invest in African Energies serves as the premier platform for South Africa and the broader African continent to tackle the critical energy challenges shaping the region's future. The event will highlight strategies to integrate cleaner energy sources while maintaining grid stability and affordability, as well as emphasize modernization of grid infrastructure, addressing capacity constraints and enhancing transmission networks to support a diversified energy mix.

Beyond technical solutions, securing large-scale investments will be a key priority, as Africa seeks to attract capital for sustainable energy projects that ensure both energy security and environmental responsibility. By convening industry leaders, policymakers, financiers and innovators, AEW 2025 will drive forward collaborative solutions, policy reforms and strategic partnerships essential for unlocking Africa's full energy potential and fostering long-term economic growth.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Distributed by APO Group on behalf of African Energy Chamber.

Media files
African Energy Chamber
Download logo
Read moreAEW 2025 to Address South Africa’s Power Crisis