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Kettles are essential appliances in any kitchen, facilitating the quick and efficient boiling of water for various purposes, from brewing a morning cup of tea to preparing instant meals. In South Africa, a diverse selection of kettles is available for sale, catering to different preferences and needs. Let’s explore the top picks in the realm …
Tharisa Mines is trying to gag us, say Oridile Kgatea and Rodney Kotsedi
Black business called to be part of rebuilding SA economy
President Cyril Ramaphosa has called on black business and black industrialists to be part of efforts to rebuild the country’s economy.
President Ramaphosa made the call at the Black Business Council (BBC) gala dinner held at Kempton Park in Johannesburg on Tuesday night.
He warned that without investment there can be no jobs, and without job creation on a large scale “our prospects for achieving full economic transformation are diminished”.
“By strategically investing in the economy we are laying the groundwork for prosperity, connectivity, and opportunity across our nation. Green industrialisation is an area of opportunity for black business,” President Ramaphosa said.
The President said government is prioritising the production of electric vehicles, green hydrogen production, and the processing of critical minerals essential for the battery value chain.
In February 2024, the President announced a comprehensive set of incentives designed to spur investment in these critical sectors, which will be rolled out over a ten-year period.
The incentives will stimulate innovation, attract private capital, and accelerate the adoption of green technologies, ensuring a just and equitable transition towards a sustainable future.
By embracing green industrialisation and promoting a just transition, the President said government is not only safeguarding the country’s environment but also fostering economic resilience and creating new opportunities for the workforce.
The President said as part of government’s commitment to fostering economic inclusion and levelling the playing field, the Competition Commission will continue to embark on market inquiries across the economy.
“These inquiries are aimed at addressing high levels of economic concentration and encouraging greater participation by small businesses. By identifying barriers to entry and promoting fair competition, we will create opportunities for emerging entrepreneurs to thrive and contribute to our economy.
“These initiatives underscore our dedication to promoting economic empowerment, fostering entrepreneurship, and creating a more inclusive and equitable economy,” President Ramaphosa said.
He noted that over the past 30 years, South Africa has undergone deep, fundamental, and irreversible change.
Black business has been a valued partner along this journey and he said he has no doubt it will continue to be so for time to come.
He noted that government’s relationship with the Black Business Council has deepened since the sixth administration took office in 2019. “I think I can say with confidence that it is also stronger,” he added.
President Ramaphosa commended the council for responding to the call he made during his inauguration speech five years ago for all South Africans to join government in setting its sights high on a future of growth and economic opportunity.
“You have rallied both with us and around us as government, in what has been a turbulent period marked by a global pandemic, civil unrest, natural disaster, crises in energy and logistics, and slow economic growth that has been further exacerbated by all the aforementioned challenges.
“We also know that as the sixth administration took office, we were also confronted with the task of rebuilding capacity in key state institutions practically from the ground up, following the devastating years of state capture,” the President said.
What has been immensely encouraging is that the door of engagement has always remained open, he said, adding that engagements have been productive and have always taken place in a positive spirit of partnership.
“As we look to the future with optimism, let us continue to work together on this journey towards a fully transformed economy where no one is left behind,” President Ramaphosa said. – SAnews.gov.za
GabiK
Wed, 05/01/2024 - 12:46
In the dynamic landscape of home entertainment, choosing the right television can be a pivotal decision. With an array of options available in the South African market, navigating through the myriad of specifications and features can seem daunting. This comprehensive guide aims to streamline the process, offering insights into the diverse range of TVs for …
The Department of Local Government, led by the Service Delivery Integration Directorate, has showcased its dedication to enhanced education and social well-being within the Nuwerus community. As part of the Citizen Interface Pilot Programme in Matzikama District Municipality Ward 8, running from April 24th to 26th, 2024, the department has focused its efforts on providing vital resources to Early Childhood Development (ECD) Centers and NGOs.
Through a ceremonious equipment handover, alongside educational materials and related supplies, the department aims to address the pressing needs of deep rural areas, where communities often feel overlooked by governmental support. This initiative underscores the importance of fostering stronger connections between government entities and citizens, particularly in marginalized regions.
This endeavor has been made possible through collaborative efforts with a diverse array of stakeholders, including governmental departments at all levels, NGOs, Community-Based Organizations, and the private sector. Such multi-faceted cooperation reflects a comprehensive approach to community development, emphasizing the significance of collective action in tackling complex social challenges.
Of particular note is the director's emphasis on the initiative's broader impact beyond monetary assistance. By providing resources, energy, and forging partnerships, the aim is to instill hope and confidence among the citizens of Nuwerus, illustrating a nuanced understanding of community needs that extends beyond mere financial aid.
In summary, the Department of Local Government's proactive involvement in supporting education and social well-being in Nuwerus exemplifies a collaborative and citizen-centric approach to governance. These efforts not only strengthen the bond between government and communities but also lay the foundation for sustainable development in the region. As we move forward, let us focus on the work of the coordinated ministries to enhance the lived experiences of the citizens we serve.
Distributed by APO Group on behalf of Republic Of South Africa: Western Cape Provincial Government.
In an effort to assess South Africa’s global reputation in various key areas, Brand South Africa conducted extensive research on the perceptions that other countries have on South Africa. A total of 17 countries were surveyed with over 9800 respondents and focused on brand audiences related to tourism, investment, talent, exports and general reputation. On …
Deputy President Mashatile applauds efforts to keep the lights on
Deputy President Paul Mashatile has applauded the Minister in the Presidency responsible for Electricity Dr Kgosientsho Ramokgopa’s leadership in striving to find solutions to power cuts and increasing energy availability.
“It is commendable that we have had four consecutive weeks without power interruptions. We equally commend the Eskom team as led by Mr Dan Morakane in this regard,” he said on Tuesday.
Deputy President Mashatile made the comments this morning at a dialogue on the role of leadership in fostering economic growth. The session was hosted by the African United Business Confederation (AUBC) in Sandton.
He emphasised that government will ensure that all power stations have the right leaders who will drive the appropriate discipline within those operations.
“While some think that this is an electioneering strategy, I want to reassure you that this reality is just evidence of improvements in the entity’s operations.”
Last week, Ramokgopa and Eskom leadership attributed the lack of load shedding for over 34 days to sustained available generation capacity and sufficient emergency reserves.
Energy Action Plan
Meanwhile, the Deputy President told delegates that government’s strategy to improve Eskom’s performance has been the implementation of a concerted and deliberate Energy Action Plan (EAP).
The State, he stressed, remains committed to implementing the EAP’s key interventions.
These include fixing Eskom, improving the availability of existing supplies, enabling and accelerating private investment in generation capacity, and unleashing businesses and households to invest in rooftop solar energy.
“Furthermore, we are ensuring that all power stations have the right leaders who will drive the appropriate discipline within those operations.”
The Deputy President welcomed the changes made over the past 18 months in Eskom’s leadership, saying he believed that with the right skills, talent and experience, South Africa will soon achieve an energy-secure future.
“We are similarly committed to implementing all necessary steps to maintain the security of our infrastructure, as it is crucial to attaining long-term economic and social goals.”
Infrastructure Investment Plan
He reminded delegates that in 2020, Cabinet adopted the Infrastructure Investment Plan, which was a demonstration of government’s commitment to infrastructure development.
The plan includes projects from government, state-owned enterprises (SOEs) and the private sector in six sectors. These comprise energy, water and sanitation, transport, digital infrastructure, human settlements, as well as agriculture and agro-processing.
“We are certain that these ambitious projects will boost the economy and reduce unemployment.” – SAnews.gov.za
Gabisile
Tue, 04/30/2024 - 12:52
Petrol price to increase in May
Consumers will have to reach deeper into their pockets this coming month as the price of petrol is expected to increase from Wednesday.
The price of both grades of petrol (93 ULP and LRP) and (95 ULP and LRP) is set to increase by 37 cents a litre.
This means that a litre of 95 petrol, which currently costs R25.12 in Gauteng, will now cost R25.49 cents a litre as of Wednesday.
Other consumers will breathe a slight sigh of relief as the prices of both grades of diesel, paraffin and LP Gas are expected to decrease.
The price adjustments were announced by the Department of Mineral Resources and Energy (DMRE).
The adjusted prices are as follows:
The department explained the adjustments in prices in a statement on Monday.
“The average brent crude oil price increased from 84.22 US Dollars (USD) to 88.10 USD per barrel, during the period under review.
“There was a lot of volatility in the market during this period. The main contributing factor is the growing geopolitical tensions in the Middle East and sustained production cuts by OPEC+ [Organization of the Petroleum Exporting Countries] countries.
“The average international product prices of petrol increased following the higher brent crude oil prices and anticipated demand for the driving season during the period under review. The diesel, illuminating paraffin and LP Gas prices decreased on average due to seasonal changes and reduced demand in the Northern Hemispheres as they move away from their winter season.
“The movement in product prices has led to a lower contribution to the basic fuel price (BFP) of petrol by 34.41 cents a litre and higher contributions to the BFP of diesel by 39.33 cents a litre and illuminating paraffin by 22.35 cents per litre,” the DMRE said.
A weakening Rand was also a contributing factor.
“The Rand depreciated, on average, against the US Dollar [from 18.04 to 18.90 Rand per USD] during the period under review when compared to the previous one. This led to higher contributions to the basic fuel prices of all products by about 2.50 cents per litre on all products,” the department said. – SAnews.gov.za
NeoB
Tue, 04/30/2024 - 09:08
Unlocking the Terrible Two’s: Navigating the Journey of Autonomy and Exploration – by Clarissa Louw, Headmistress of @Sandton Kids School Parents, educators and caregivers alike are intimately familiar with the term “terrible two’s”. It’s a phrase that often evokes images of tantrums, defiance, and exasperated parents. However, what if we reframed this perspective? What if …
Are you looking to transform your home into a well-lit sanctuary? Lighting plays a crucial role in setting the ambiance and functionality of any space. Whether you’re revamping your bathroom, upgrading your outdoor lighting, or searching for the perfect ceiling fan, Lighting Warehouse has you covered. Let’s explore some key lighting fixtures and how they …
Uthaka Energy persists with plans for a colliery in Mabola Protected Environment despite six court judgments
NCOP approves Climate Change Bill
The Minister of Forestry, Fisheries and the Environment, Barbara Creecy, has welcomed the approval of the Climate Change Bill by the National Council of Provinces (NCOP).
“Climate change is here, and we have relatively little time to respond. The Bill empowers us to respond at the necessary scale and speed, building on the considerable amount of work we have already done,” the Minister said on Monday.
The objectives of the Climate Change Bill are, among others, to enable the development of an effective climate change response and a long-term just transition to a low-carbon and climate-resilient economy and society for South Africa in the context of sustainable development.
“The NCOP’s approval of the Climate Change Bill is a landmark in our response to climate change.
"Since 2011, when we outlined South Africa’s response to climate change in our National Climate Change Response White Paper, we have been putting in place the instruments for an integrated response. Now, this Bill will integrate all of these components into a robust legal framework, and mainstream climate action across government,” Creecy said.
The Minister said the Bill will provide the much-needed legal framework to regulate activities that contribute to climate change, ensure an effective response in all spheres of government and by the society at large, ensure a just transition, and maximize the opportunities afforded to the economy by the global shift to a green economy.
The Bill sets out to ensure that the climate actions are facilitated and coordinated across spheres of government.
“It establishes Provincial Forums on Climate Change and Municipal Forums on Climate Change, which will be integrated into current institutions and planning processes. It provides for the development of provincial and municipal climate change needs and response assessments, and corresponding climate change response implementation plans.
“The Bill places the Presidential Climate Commission (PCC) on a formal footing as an independent organ of state to provide advisory on matters of just transition. The PCC will continue to be headed by the President, which sends a strong signal of South Africa’s commitment to addressing the complex challenges of responding to climate change and the urgency with which this needs to be achieved,” the Department of Forestry, Fisheries and the Environment said.
It further provides clear frameworks for mitigation, adaptation and a mechanism to support and finance the country’s climate change response.
“On mitigation, the Bill provides for a just transition away from our current carbon-intensive energy system and towards a decarbonized economy and society, while meeting our critical development challenges.
"To achieve this, the Bill formalises our Greenhouse Gas Inventory to strengthen the evidence base for further climate action, and our current reporting processes.
“The Bill also provides for the development of a long-term national greenhouse gas emissions trajectory and its review from time to time, and establishes a clear legal basis for allocating sectoral emissions targets to relevant sectors, and carbon budgets to large emitters,” the department said.
On adaptation, the Bill provides for the establishment of national adaptation objectives, the development of climate scenarios to assess vulnerabilities, and a National Adaptation Strategy and Plan to manage adaptation in a clear and coordinated manner.
“The Bill provides the mechanisms to support and finance the climate change response, providing guidance and a governance framework to promote planning and implementation by national, provincial and local government.
"This will provide much-needed support to expedite our climate change response, thus climate-proofing our society and economy,” the department said. – SAnews.gov.za
nosihle
Mon, 04/29/2024 - 14:37
Presidency 'rejects' narrative on BHP, Anglo American proposed deal
The Presidency has moved to dismiss media speculation and reports that BHP Billiton’s proposed takeover of Anglo American, excluding South African assets, is a sign of reluctance to invest in the country.
This is according to Presidential Spokesperson Vincent Magwenya who was briefing the media in Pretoria on Monday.
Anglo American mines diamonds, Platinum Group Metals (PGM) and iron ore in South Africa.
“Some analysts and sections of the media have sought to portray this market activity as a vote of no confidence on South Africa. The Presidency rejects the notion that a commercial approach by BHP Billiton equals to a hostile environment for investors,” he said.
Magwenya said the issues cited in media that impact doing business in South Africa are being resolved “with the participation and partnership of business”.
“In June 2023, President Cyril Ramaphosa along with members of his Cabinet and senior business leaders agreed to establish a partnership to reverse the economic downturn and rebuild confidence in the country’s trajectory.
“Three priorities were identified as undermining investor and societal confidence, namely: load shedding, the challenges in the freight logistics sector as well as crime and corruption.”
Magwenya said the collaborative government-business partnership has resulted in many initiatives including the Joint Initiative on Crime and Corruption (JICC).
“The [JICC] was established to drive collaborative efforts to tackle the most serious forms of crime and corruption and support government’s efforts to remove South Africa off the FATF [Financial Action Task Force] greylist. The [JICC] is an example of government’s commitment to work with social partners to foster a safer and a more ethical South Africa,” he said.
He told the media that government’s own efforts to rebuild the credibility of critical law enforcement has resulted in, among others, appointing new leadership in the South African Police Service (SAPS), the Hawks, the National Prosecuting Authority (NPA), the State Security Agency (SSA) and the South African Revenue Service (SARS).
This has resulted in significant progress in the fight against corruption and crime including:
“While much still needs to be achieved to turn the tide around completely, the significant steps taken to rebuild credible institutions have begun to bear fruit and set the stage for further progress. President Ramaphosa will continue leading a multi-stakeholder effort to accelerate existing government interventions to address the scourge of crime and the impact on the economy.
“This partnership should reassure both local and foreign investors that considerable resources and expertise are being leveraged in government and in the private sector to curtail crime, continue improving the functionality of our ports and enable an investor and societal environment that fosters inclusive economic growth and prosperity,” he said.
Investment appetite
Magwenya pointed towards the success of the SA Investment Conference which, over five years, reached R1.5 trillion in investment pledges as an indicator of investment appetite in South Africa.
“President Ramaphosa also finds it satisfying that both domestic and international investors continue to demonstrate confidence towards South Africa through their continued investments as evidenced in the last few years and in exceeding the investment targets set at the beginning of the term. President Ramaphosa is confident that the rebuilt capacity of the state remains firm and focused on responding to crime and corruption.
“The Presidency would implore the investor community to note the optimism expressed by the business community in various publications and platform on the progress achieved across the three focal areas. This should reassure investors that momentum is building and will be maintained to reduce crime and corruption, continue improving energy supply and resolve logistic backlogs,” Magwenya said. – SAnews.gov.za
NeoB
Mon, 04/29/2024 - 15:00
Call for comments on draft Gas Master Plan
Minister of Mineral Resources and Energy Gwede Mantashe has called on the public to contribute to the development of the policy document on the draft Gas Master Plan (GMP2024).
“The draft GMP2024 is a policy instrument that seeks to ensure security of gas supply by diversifying supply options from both local and international markets. It outlines the role of natural gas in the context of [the] energy mix and provides policy direction to the industry in South Africa,” the Department of Mineral Resources and Energy said on Friday.
The draft GMP2024 was published for public comments in the government Gazette No: 50569 of 26 April 2024.
“The plan considers the complete gas topology ranging from demand, supply, importation, infrastructure, and distribution networks. It recognises the critical role of natural gas in the country’s economy, and anticipates the infrastructure required for the delivery of gas at a point of consumption based on a least-cost model,” the department said.
Members of the public, stakeholders and industry experts are invited to contribute to the development of the policy document by submitting inputs and/or comments on the draft Gas Master Plan by no later than 15 June 2024.
The draft GMP2024 document is accessible on:
https://www.energy.gov.za/files/policies/Gas-Master-Plan2024-for-public-comment.pdf
Written comments may be addressed to the Director-General of the Department of Mineral Resources and Energy either by post at Private Bag X 59, Arcadia, 0007; by hand at Travenna Campus, 71 Meintjies Street, Sunnyside, Pretoria,0002; or by email: GMP.Comments@dmre.gov.za
-SAnews.gov.za
nosihle
Sun, 04/28/2024 - 12:16
Call to vote in upcoming elections
With the upcoming 2024 National and Provincial elections around the corner, a member of a Danish choir has encouraged citizens to participate in the polls.
South Africans will once again get an opportunity to exercise their democratic right to vote on 29 May 2024 as the country holds its seventh democratic elections.
“If you do not vote, your voice will not be heard. Voting is a way to have your voice heard in a democracy. It is importance to participate in a democracy by voting. It is key,” Papaya choir member Lilian Andresen said on Saturday.
The choir specialises in singing South African songs in Denmark.
Speaking to SAnews during the National Freedom Day celebrations at the Union Buildings in Pretoria, Andresen congratulated South Africa for reaching the historic milestone of 30 years of freedom and democracy.
“Coming to the country as it celebrates 30 years of freedom… is very special. In Denmark we have had democracy for a while and you can tend to take it for granted. Therefore, to come here and see how much it is appreciated is remarkable,” she said.
Hundreds of people gathered at the Union Buildings in Pretoria to celebrate the 30th anniversary of South Africa’s democratic dispensation following the country’s first democratic elections on 27 April 1994.
President Cyril Ramaphosa led the Freedom Day celebrations at the national event under the theme “30 Years of Democracy, Partnership, and Growth.”
While acknowledging the challenges faced by many in the country, Andresen said transformation is a journey.
“You still need to fight for your rights. It is a process. You need to keep going and never lose track of where you want to go,” she said.
With energy, enthusiasm and musical intensity, Papaya sings everything from wedding songs and Zulu war songs to the story of a South Africa that through generations of time has found courage, strength and community through music.
“We have been a choir since 1986. We come here… meet with other choirs, performing groups and dance groups. We share the culture and the music. That is how we learn.
“We then go back to Denmark to share the music and the stories with our Danish audience. The audience is very much moved and touched by it. We love the people, music, culture, the stories and history. It is so rich as the country has had struggles. It is very unique,” she said. –SAnews.gov.za
nosihle
Sat, 04/27/2024 - 15:55
SA students to participate in solar panel programme in India
Twenty-two female Technical and Vocational Education and Training (TVET) engineering students are set to participate in a solar panel manufacturing learning programme in India.
The Minister of Women, Youth and Persons with Disabilities, Dr Nkosazana Dlamini Zuma in partnership with the Energy and Water Sector Education and Training Authority (EWSETA), briefed the media on the women’s participation in the programme on Friday.
The 22 TVET college engineering students hail from the Limpopo, North West and Free State provinces.
“Emanating from the 2023 South Africa chairship of BRICS [Brazil, Russia, India, China and South Africa], the Solar Technology Training Programme for women in South Africa is one of the resolutions from the BRICS Women in Business meeting that calls for women to lead community initiatives and take part in resolving the energy crisis in South Africa particularly in rural areas,” said the Department of Women, Youth and Persons with Disabilities (DWYPD) in a statement.
“Access to electricity should always be easily available given the important role it plays in many aspects of human and wellbeing. It is an essential service and governments must make societies function better through the provision of this kind of basic [service],” said Minister Dlamini Zuma.
The programme is expected to provide theoretical and practical skills in solar panel manufacturing and installation.
The learnership programmed is supported by key stakeholders such as the Department of Mineral Resources and Energy, the EWSETA, the Council for Scientific and Industrial Research (CSIR) and the National Youth Development Agency (NYDA).
The DWYPD said that starting and operating a solar business in South Africa with solar products, from panels and batteries to solar-powered appliances, can be a lucrative venture.
“The DWYPD in partnership with the EWSETA will continue to engage stakeholders such as the Department of Trade, Industry and Competition, Department of Small Business Development to open windows of opportunities to the female learners to venture into business when they return to South Africa in August,” said the department.
The programme is set to start on 1 May 2024.- SAnews.gov.za
Neo
Sat, 04/27/2024 - 13:08
We asked the ANC, DA, EFF, IFP, FF Plus, ActionSA, PA, MK Party and RISE Mzansi
[Johannesburg, April 2024] – Nutritional Performance Labs (NPL), a leading name in sports nutrition, proudly announces its latest stride in the realm of elite sports partnerships. After cementing its status as the official supplement partner of the Emirates Lions in July 2023, NPL now extends its #YellowArmy alliance to include the revered Toyota Cheetahs. In …
Vigil at Parliament also marked exactly 38 years since Chernobyl Disaster
Stage 2 load shedding anticipated for winter 2024
Eskom anticipates that load shedding will likely be “maintained within Stage 2” this winter period.
This is according to the power utility’s Group Chief Executive Dan Marokane, who was speaking during the State of the System and Winter Outlook media briefing held at Megawatt Park on Friday.
He said the forecast was made on the anticipation of the Unplanned Capacity Loss Factor (UCLF) reaching 14 000MW during winter – down from the anticipated 15 000MW during the same period last year.
The UCLF is the rate at which generating units breakdown and do not perform optimally.
“For winter 2024… the likely scenario from our assumptions is that load shedding will be maintained within Stage 2 at most. In the extreme case where the unreliability increases, that component may go occasionally [to] Stage 5 but we really think that on the basis of what we see, the performance of the fleet, load shedding will stay within Stage 2.
“This is on the back of the decrease of the backline unreliability capacity reduction of 1 000MW which is what we use for our baseline assumptions,” he said.
Marokane said although the reduction may look minimal, it is critical for managing the intensity of load shedding.
“What is really important as we go into this season’s forecast is that the base level for UCLF number is lower by a 1000MW. When you understand the capacity that we have, it does not look as a big number but when you actually understand the implications in terms of the levels of load shedding, to be able to bank that capacity is an important aspect,” he said.
The CEO explained that the power utility has been hard at work to lower the UCLF.
“When you look at the time period between the last winter and now, you can actually see the reduction in unplanned losses – a 9% drop. It is mostly coming from the priority stations that were targeted as focal points.
“We also have the benefit of the early return of the four Kusile [Power Station] units that were out. The losses are averaging around 14.2GW. Our focus on targets in this financial year is to keep this below 14GW. This is where the first capacity release is coming from. The decline… is not as fast as we want to [and] our focal point this year is to deal with six or seven key areas that causes unreliability and once we tackle them we should be able to see ourselves comfortably at lower levels than this,” he said.
Marokane insisted that the power utility will be digging their boots in deeper this winter to further reduce losses at power stations.
He urged South Africans to do their part by using electricity efficiently and sparingly this winter.
“Over the winter period, work continues and we are targeting to reduce the unplanned losses by a further 1.7GW. This will be made up of 1.3GW from partial load loss reduction but also…demand side management initiatives are also underway.
“Our ability to beat load shedding this winter still depends on our collective collaboration and to this extent, we’ll be launching the energy saving campaign this May asking all of us to play our part in this regard,” Marokane said. – SAnews.gov.za
NeoB
Fri, 04/26/2024 - 13:18
European partners have been vocal about plans to boost clean, smart and secure investments in Africa's energy sector, with the EU's Global Gateway Initiative aiming to mobilize €150 billion across the continent through 2027. Motivations for this range from securing the bloc's own energy supplies, to strengthening energy diplomacy on the continent, to generating high returns on critical infrastructure investments. Given Europe's focus on sustainable energy development, the upcoming Invest in African Energy (IAE) forum (https://Invest-Africa-Energy.com) – taking place in Paris on May 14-15 – will showcase opportunities for the European and global private sector to develop and advance natural gas, renewable energy, green hydrogen and decarbonization technologies across the continent, with a view to supporting Africa's role in the global energy transition.
LNG
As Africa looks to develop its gas for domestic and export markets, LNG (https://apo-opa.co/3UD3ivS) represents a critical investment avenue for European partners and investors. Representing a relatively clean-burning fossil fuel that can deliver energy reliably and to scale, LNG has been positioned as the fuel of the future and the key to meeting rising energy demand in Africa and globally. European majors and independents are already at the helm of developing world-class LNG facilities across the continent, from bp's Greater Tortue Ahmeyim LNG in Senegal and Mauritania, to Perenco's Cap Lopez LNG Terminal in Gabon, to Eni's Congo LNG in the Republic of Congo. The continent features myriad opportunities in the exploration, transport, processing and storage of natural gas and associated EPC contract value in establishing integrated gas value chains.
Renewables
Africa's solar potential is measured at 7,900 GW – more than 1,000 times its current solar generation capacity – while wind potential is measured at 461 GW, which equates to 100 times the current wind generation capacity. The continent is home to considerable technical potential for hydropower – which accounts for approximately 17% of its electricity generation on average – and is set to overtake Europe in installed geothermal capacity by the end of the decade. Given Africa's prolific energy needs, decentralized power solutions (https://apo-opa.co/4aRnFuC) – particularly from renewables – hold the capacity to help electrify rural parts of the continent, while aligning with net-zero targets.
Green Hydrogen
Owing to its substantial and often co-located renewable resources, Africa provides optimal conditions for the development of green hydrogen (https://apo-opa.co/4aRgItB) and green ammonia, estimated to be able to produce a surplus of 20-40 million tons of green hydrogen per year by 2050. The continent is home to several major green hydrogen projects – namely, the 15 GW Aman project in Mauritania, 3 GW Tsau Khaeb project in Namibia and 4 GW SCZONE project in Egypt. Germany has emerged as an active player in this domain by investing in and lending technical expertise to hydrogen development in Angola, Mauritania and Namibia, as well as pledging to invest €4 billion in sustainable energy projects in Africa – including renewable power, green hydrogen and critical raw mineral extraction – through 2030. The EU is targeting ten million tons of imported renewable hydrogen per year by 2030, offering development finance and production subsidies to help African countries develop their green hydrogen supplies.
Carbon Capture and Storage (CCUS)
Capturing carbon dioxide produced from burning fossil fuels or as a by-product of industrial manufacturing processes, CCUS technology represents a dynamic investment opportunity within Africa's energy transition. It holds a wide range of applications – from enhanced oil recovery to fuel production to waste-to-energy plants – and aligns with Africa's decarbonization goals, while enabling much-needed energy production. CCUS projects are already underway in South Africa's Mpumalanga Province – where it will capture carbon dioxide from coal-fired power stations – and at Egypt's Meleiha Field, part of a broader $25-million, multi-phase CCUS project. CCUS aligns closely with the EU's broader decarbonization goals and represents a strategic area of potential collaboration between European and African service providers by way of sharing best practices, technical expertise and technological innovation.
Distributed by APO Group on behalf of Energy Capital & Power.
Annual financial statements provide you with quantitative data regarding specific aspects of your company’s financial performance. Financial statements include figures from the prior fiscal year so that you and your finance team can compare performance and financial records over two years. It’s all about benchmarking. Quantitative data are data represented numerically, including anything that can …
About 75 households in Khayelitsha were given solar street lights this week in a move to make the area safer
Simola Hillclimb kicks into gear from Thursday 2 May with scrutineering for Classic Car Friday, the race car display and the popular Knysna Parade leading up to a full day of competitive action on Friday The heavy hitters roll into town on Friday 3 May for the official build-up including a spectacular Knysna Parade, followed […]