Sharpeville: “These Politicians Just Come and Create a Spectacle”
Residents say Human Rights Day means little in their township
infrastructure
Nelson Mandela Bay sails to cruise industry growth
Nelson Mandela Bay sails to cruise industry growth
The strong working relationship between the Nelson Mandela Bay Municipality (NMBM) and local tour guides and operators, has proven to be the key driving force for the booming cruise tourism industry within the city.
According to the Tourist Guide Association of Mandela Bay (TGAMB), which represents the tour guides and operators within Nelson Mandela Bay, the industry has seen drastic growth post-COVID-19, due to the ongoing good working relationship with the municipality.
Luxolo Kanti confirmed that huge strides have been made within the tourism industry, with the "cruise industry as the catalyst and gateway” to the region’s broader tourism growth.
Kanti noted that the association, working with the municipality to rebuild the cruise industry, has seen more diversity and inclusiveness.
“A lot of emerging tour guides and operators have managed to get into the industry and thrive. Through a number of training programmes and workshops we have received on areas like Digital Marketing, Tourism Best Practice and Packaging of Cruise Tourism in South Africa, we have managed to acquire skills to market both the city and our businesses to attract more people to venture into the cruise tourism experience across the world,” he said.
Kanti also commended the municipality’s openness to the industry’s advice and contributions in policy development.
"In as much as we have made strides, there are still areas we need to improve on, both as the industry and the municipality, so that we can be competitive against other major cities.”
Successes
Highlighting the success of the current cruise season, NMBM mayor, Babalwa Lobishe said Nelson Mandela Bay has already received 34 cruise vessels which docked at the city’s ports, from the 45 scheduled for the season which started in November last year.
“In March alone, there has been seven cruise vessel dock-ins and five overnight stays, with three vessels still expected for this month. During the current cruise season, there will be 15 cruise vessels that will stay for more than one day. The cruise vessels for this season are expected to spend a combined total of 61 days,” Lobishe said.
The mayor also announced that the current cruise season is expected to generate significant economic benefits for the region, with a forecasted R100 million in economic spin-offs, an increase from R85 million during the 2023/24 season.
“This forecast is based on the anticipated 50 000 passengers who will be spending on tours, dining, shopping, and other cultural and heritage experiences across Nelson Mandela Bay. This influx of visitors will not only boost our local economy but also showcase the rich diversity and vibrant culture of our city,” the mayor said.
Appeal
In line with the city’s Tourism Master Plan, several initiatives are being pursued to enhance the region’s tourism appeal. These include the development of new cultural and heritage routes, the promotion of township tourism through community forums, and the expansion of events strategies aimed at attracting international visitors.
Member of the Mayoral Committee (MMC) for Economic Development, Tourism and Agriculture, Bassie Kamana, emphasised the municipality’s commitment to ensuring that the city remains a top destination for tourists and a thriving community for the residents.
According to Kamana, part of the work that the NMBM Tourism Sub-Directorate is doing is to create a conducive environment for the cruise industry to optimise on regional economic opportunities.
“Working with the vast tourism industry stakeholders, the metro encourages passengers to explore the full breadth of the region, including private game reserves, cultural and heritage sites, and local businesses.
“This is done to make sure that passengers do not just sleep over in the metro, but spend funds, explore and experience the region’s tourist attractions and create unforgettable memories,” Kamana said.
The MMC added that working with its development entity Mandela Bay Development Agency, Transnet, Eastern Cape Tourism, and other stakeholders, it has made strategic infrastructure investments to improve port facilities, tourism products and heritage sites. This is so as to ensure a seamless and welcoming experience for cruise tourists.
The NMBM has also paid special attention to tourist safety and hospitality by training and recruiting youth with a tourism background to work as tourism ambassadors. – SAnews.gov.za
GabiK
Thu, 03/20/2025 - 12:53
92 views
EThekwini Municipality commits to building houses for flood victims
EThekwini Municipality commits to building houses for flood victims
EThekwini Municipality Mayor Cyril Xaba says the city remains committed to ensuring that permanent houses are built for the families affected by the recent floods.
Speaking at during an Executive Council (Exco) meeting held this week, Xaba reported that between 19 February and 15 March 2025, the recurring floods have claimed the lives of 15 people and caused extensive damage to infrastructure.
Xaba said the report received from the Joint Operations Centre indicated that 1 452 houses and 5 939 people were affected. The worst affected areas include Inanda, Ntuzuma, KwaMashu, Pinetown, KwaDabeka and Lamontville.
Xaba conveyed the council’s heartfelt condolences to the families of the deceased, saying that the city is working with the bereaved families to ensure that their loved ones receive a dignified burial.
“Together with the Premier [Thamsanqa Ntuli] and the Chairperson of Trading Services, Mduduzi Nkosi, we visited the affected families in Inanda and Lamontville, including those who have been relocated to family-friendly accommodation in the inner-city. As... [the three spheres of] government, we are committed to ensuring that permanent houses are built for these families,” Xaba said.
However, Xaba noted the challenges encountered in building permanent houses in identified sites.
He said the existing community members are not cooperating, either because they themselves are flood victims who have not been allocated houses, or they do not want low-cost houses in their neighbourhood.
“As the rains persist, we will continue to face the shortage of land to resettle flood victims, considering that the city has 603 informal settlements and some of them are located in flood-prone areas. Working together, we must intensify public awareness campaigns urging people not to settle in flood plains because the frequency and intensity of floods, due to climate change, poses a huge risk to human lives and infrastructure,” Xaba said.
Since 2017, the city has been experiencing recurring floods, and this has put a huge strain on the city’s water drainage system.
In eThekwini, stormwater systems are designed to handle a "1-in-10-year" storm event, Xaba said.
“Our large canals and river protection works are built to withstand 1-in-50 or 1-in-100-year storm events. In the last two months, we have been experiencing heavy downpours that we would ordinarily receive in every 20 - 40 years.
“It is in this context that we must continue to urge members of the community to dispose of waste in designated places so that during heavy rains, the same waste does not clog our drainage system and flood our homes,” Xaba said. – SAnews.gov.za
GabiK
Thu, 03/20/2025 - 10:09
147 views
UAE Investments Drive African Mining Growth
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.
Deputy President Shipokosa Paulus Mashatile Concludes Working Visit to Japan
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.
The Africa Debate Returns to London
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.
Developing oil and gas resources can boost economy
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
Macpherson takes on second leg of listening tour in Upington
Macpherson takes on second leg of listening tour in Upington
Public Works and Infrastructure Minister Dean Macpherson will on Thursday launch the next leg of his Expanded Public Works Programme (EPWP) listening tour in Upington in the Northern Cape.
Following the EPWP Listening Tour, the Minister will conduct an oversight visit to the construction site of a new Magistrate’s Court in Keimoes, which was requested by the Department of Justice and Constitutional Development.
The Minister will be joined by the Northern Cape Member of the Executive Council (MEC) for Public Works, Fufe Makatong and the ZF Mgcawu District Municipality Mayor, Maryna Basson.
READ | Macpherson takes EPWP listening tour to KZN
“Through the nationwide listening tour, the Minister aims to hear from communities about their experiences with the EPWP to bring attention to issues encountered within the programme.
“This will inform the Minister’s vision towards the reimagined EPWP, which will have long-term socio-economic empowerment within the communities.
“Through the listening tour, which will be rolled out nationwide in the coming months, the Minister aims to hear from communities about their experiences with the EPWP to bring attention to issues encountered within the programme.
“The tour and engagement with communities will also shape the Minister’s vision to reimagine the EPWP,” the department said,” the department said. – SAnews.gov.za
Edwin
Wed, 03/19/2025 - 10:10
116 views
AEW 2025 Program Launches, Highlighting African Energy Security and Global Investment Opportunities
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.
Unlocking Opportunities for a Climate-Resilient Future
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
Deputy President stresses importance of coordinated approach to challenges
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
AEW 2025 to Address South Africa’s Power Crisis
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.
SA-EU Summit a ‘watershed’ moment for trade and investment relations
SA-EU Summit a 'watershed' moment for trade and investment relations
The 8th South Africa-European Union (EU) Summit held in Cape Town last week was a “watershed” moment for trade and investment relations between South Africa and the regional bloc.
This is according to President Cyril Ramaphosa who reflected on the summit in his weekly newsletter on Monday.
“As a bloc, the European Union (EU) is one of South Africa’s largest trading partners and the source of much investment in our country. Our economic ties with European countries go back to colonial times. Since the advent of democracy 30 years ago, we have steadily been growing the volume and value of trade.
“This summit will be remembered as a watershed moment in the development of our trade and investment relations. While expanding our traditional areas of cooperation, we are now focused on working together to develop the industries of the future,” the President said.
READ | South Africa-European Union Summit concludes
He stated that South Africa and the EU agreed to work together towards a Clean Trade and Investment Partnership.
“This partnership will support the development of value chains that are more environmentally sustainable. It will make South Africa and the EU more competitive in a low-carbon global economy by improving conditions for investment in the extraction and local beneficiation of rare minerals, renewable energy, low carbon hydrogen and clean technology.
“This partnership will improve cooperation between South Africa and the EU on some of the regulatory issues that constrain greater levels of trade. This work should enable South African companies to export products like sustainable fuel and electric and hybrid vehicles to the EU,” he said.
A key outcome of the SA-EU Summit was an announcement of a €4.7 billion (approximately R90 billion) investment package aimed at supporting investment projects in the country.
READ | President Ramaphosa engages EU on new investment package
According to the President, the package will “include grants and loans from European financial institutions and businesses”.
“Among other things, this investment will be used to build South Africa’s vaccine production capacity and boost local pharmaceutical value chains.
“The package will also support South Africa’s just energy transition through the development of critical raw minerals and low carbon hydrogen. In addition to investments in transport and digital infrastructure, the package will provide resources for skills development,” President Ramaphosa said.
On the global stage
The summit also reaffirmed the “unwavering commitment of South Africa and the EU to multilateralism, the consistent application of international law and the centrality of the United Nations Charter”.
“We agreed that a collective effort was needed by all countries to overcome global challenges such as climate change, pandemics, rising inequality and conflict.
“The EU shares South Africa’s view that the UN Security Council needs to be reformed so that it is more inclusive, efficient and democratic. In its composition and actions, the Security Council needs to better reflect the realities of today’s world. We also agreed to strengthen efforts to safeguard and advance human rights across the world,” he said.
Furthermore, the EU expressed its support for South Africa’s G20 Presidency this year and welcomed the country’s “focus on forging partnerships between G20 members and other African countries”.
The President said the two parties agreed that collective global effort is needed to overcome current global challenges.
“We share similar views on how to navigate these difficult times, by standing together to uphold the principles of the UN Charter, to adhere to international law and to strengthen the institutions of global cooperation.
“Above all, we are committed to the mutual well-being and development of the peoples of South Africa and all the member states of the European Union. We have a shared vision of the future and we are determined to work together to achieve it,” President Ramaphosa concluded. – SAnews.gov.za
NeoB
Mon, 03/17/2025 - 13:28
68 views
SA is addressing port challenges, says Deputy President
SA is addressing port challenges, says Deputy President
Deputy President Paul Mashatile has assured executives from Isuzu Motors Limited’s headquarters in Japan that South Africa is actively working to resolve its port and infrastructure issues.
This comes in the wake of significant congestion, infrastructure shortfalls, and equipment failures at the country’s major ports, which have affected both import and export operations.
“I am pleased to report that we have dealt with energy issues that affected our economy,” the Deputy President said on Monday.
The Deputy President spoke at the Isuzu Fujisawa Plant where he is currently on a working visit with a delegation that includes Ministers, Deputy Ministers, and senior government officials.
READ | Deputy President Mashatile arrives in Japan for a working visit
The purpose of the visit is to strengthen cooperation between the two nations in areas of mutual interest.
The multinational corporation that manufactures commercial vehicles, diesel engines, and automotive parts has a significant presence in South Africa.
As a Japanese automobile manufacturer, Isuzu has been in South Africa for a long time and is well-known for its trucks and bakkies.
“As a country, we are honoured that the Isuzu Motors South Africa Struandale Plant in Gqeberha, in our Eastern Cape province, is the first fully-owned plant outside Japan whereas in other countries Isuzu produces vehicles through joint ventures and license agreements.
“This shows great confidence in our country and our people for the skills necessary to produce these trucks and bakkies.”
According to the Deputy President, the Struandale Plant produces 28 500 vehicles per annum and has dealerships across 26 countries in Africa.
With the Africa Continental Free Trade Area (AfCFTA), the Deputy President stated that the continent has created even more opportunities for Isuzu to export and operate in over 54 countries that have signed the agreement.
The AfCFTA creates the largest single free trade business area, with 1.3 billion people and a gross domestic product (GDP) of US$3.4 trillion.
Isuzu also exports to the European Union (EU) under the Southern African Development Community (SADC) -EU Economic Partnership Agreement, in addition to being active in Africa.
“Therefore, South Africa is the place to be, indeed a gateway into the continent and the rest of the world including Japan under the generalised system of preferences.”
The country’s second-in-command described Isuzu as a model investor in South Africa, contributing to employment, skills development, and supplier and enterprise development.
“I also understand that Isuzu contracted 107 suppliers with over 700 parts being localised in South Africa and some integrated into Isuzu global supply chains,” he said, adding that Isuzu achieved Level 1 Broad-Based Black Economic Empowerment (BBBEE).
He informed the delegation that the government, through the Automotive Production Development Programme, has provided essential support to Isuzu.
During the working visit, the Deputy President and his delegation will engage with the business community in Japan to enhance economic relations.
They will focus on key areas such as manufacturing and machinery, mining and mineral beneficiation, energy cooperation, the automotive industry, and improving market access for South Africa’s agricultural products.
He is also expected to meet with Dr Akihiko Tanaka, the President of the Japan International Cooperation Agency (JICA) today.
JICA is a government agency that is actively involved in various development projects in South Africa.
On Tuesday, he will pay a courtesy visit to Prime Minister Ishiba Shigeru of Japan and visit the Meiji Jingu Shinto Shrine. – SAnews.gov.za
Gabisile
Mon, 03/17/2025 - 11:45
24 views
DPWI Minister to host Tanzanian Minister in the Presidency
DPWI Minister to host Tanzanian Minister in the Presidency
Public Works and Infrastructure Minister Dean Macpherson will tomorrow host the Minister in the Presidency from the United Republic of Tanzania.
The Minister will be accompanied by his delegation on a collaboration engagement focused on South Africa’s largest poverty alleviation programme, the Expanded Public Works Programme (EPWP).
“This flagship programme which is currently being enhanced to make more meaningful impact is receiving more recognition on the continent of Africa and globally,” the Department of Public Works and Infrastructure said in a statement.
According to the department, the Tanzanian delegation will include senior government officials, the private sector and academia, which will gather under the theme: “Transformative impact of the EPWP through entrepreneurship and skills development”.
The EPWP was established and mandated by Cabinet to create work opportunities according to the set targets and across all its four sectors, namely infrastructure, non-state, environment and culture and social sectors.
One of the prescripts of the EPWP is to use labour-intensive methods which allow the drawing of a significant number of participants into the programme to do the work.
The EPWP Unit in the department prepared a strategic review of the first phase of the EPWP which was presented to Cabinet in June 2008.
This review was based on extensive evaluations of the first phase of the programme and made a number of key recommendations for the second phase of the programme in order to increase the scale and impact in the second phase.
While the EPWP achieved its target of one million work opportunities one year ahead of time, some constraints were identified that limited its further expansion. – SAnews.gov.za
Edwin
Mon, 03/17/2025 - 10:58
111 views
Eastern Cape Government announces key leadership appointments
Eastern Cape Government announces key leadership appointments
The Eastern Cape Provincial Government has reinforced its administrative leadership with the appointment of new Heads of Departments (HoDs) across several critical portfolios.
In a statement on Monday, the provincial government said the strategic decisions reflect the government’s commitment to enhancing service delivery, stability, and efficiency in the province.
Eastern Cape Premier, Lubabalo Oscar Mabuyane, confirmed the provincial government’s confidence in the three incumbents who previously served in an acting capacity.
The newly appointed HODs are Sharon Marsdorp, who has been appointed as the new Education Head of Department, Bonginkosi Dayimani in Agriculture, Edmond Desmond Quinton Venn in Human Settlements, and Phucuka Penny Penxa in Public Works and Infrastructure.
Mickey Mama’s contract as HOD in the Department of Economic Development, Environmental Affairs, and Tourism (DEDEAT) has been renewed.
Mabuyane also announced that the recruitment process for the Head of Departments for Community Safety is at an advanced stage, while the recruitment of HODs in the Departments of Sport, Recreation, Arts and Culture (DSRAC) and Cooperative Governance and Traditional Affairs (COGTA) is currently underway.
Mabuyane urged the newly appointed HoDs to remain steadfast in their commitment to ethical leadership.
“As we welcome our new Head of Departments, I urge them to embrace this opportunity to serve our people with dedication, integrity, and passion. Let us work together to strengthen government as a whole and make a meaningful difference in the lives of our citizens, where everyone has access to opportunities, resources, and services,” Mabuyane said.
He added that the appointments reaffirm the Provincial Government’s commitment to strengthening leadership and governance in the province, ensuring that the provincial administration is guided by capable and dedicated professionals who will play a pivotal role in advancing the Eastern Cape’s development agenda. – SAnews.gov.za
GabiK
Mon, 03/17/2025 - 10:05
83 views
New fleet to aid Nelson Mandela Bay waste collection efforts
New fleet to aid Nelson Mandela Bay waste collection efforts
In a move to enhance waste management services, the Nelson Mandela Bay Municipality has unveiled seven advanced waste collection trucks, which is an investment in the city’s public health infrastructure and an improvement in service delivery efficiency.
Member of the Mayoral Committee (MMC) for Public Health, Thsonono Buyeye, commended the arrival of the new fleet, describing it as a crucial financial boost that will ease the financial pressures faced by the municipality’s waste management department.
The municipality is located in the Eastern Cape.
Speaking at the unveiling ceremony held on Wednesday, Buyeye said the introduction of the state-of-the-art waste collection compactor trucks serves as a significant step forward poised at improving waste management services.
“This investment demonstrates our unwavering commitment to providing efficient and effective services, thus underscoring the department’s dedication to maintaining a clean, healthy, and sustainable environment [for all residents],” Buyeye said.
The MMC explained that, as part of the city's strategy to reduce its reliance on outsourced waste collection services, the municipality has implemented a three-year fleet recapitalisation plan, which allocates R30 million annually starting this year.
“This acquisition will significantly alleviate financial pressures on the municipality, which previously spent substantial amounts outsourcing waste management collection trucks, compromising its ability to deliver other essential public health services,” the MMC said.
He added that the arrival of the trucks will significantly reduce the city’s financial burden previously placed on the municipality, due to outsourcing waste management.
The new trucks are equipped with cutting-edge technology and enhanced capacity, enabling them to manage larger volumes of waste with greater speed and efficiency. The advanced lifting gear of the trucks allows them to effortlessly collect a wider range of waste types, ultimately enhancing the waste collection and management process.
"As a municipality, we are thrilled, considering that the arrival of these trucks will significantly enhance our service delivery. Unfortunately, vandalism of municipal fleet, including waste collection fleet has been a great challenge.
“However, we are positive that together with law enforcement, and the community, we can protect these valuable waste compactor trucks, as our goal is to ensure that public health services reach every corner of our city,” Buyeye said.
Measures to prevent vandalism and theft
To address the persistent issue of vandalism, the MMC said the municipality has implemented a comprehensive security strategy to protect the new waste management fleet.
He said the municipality is also investigating recent incidents of vandalism that have affected the city’s existing waste collection vehicles.
He said a robust security strategy has been put in place to safeguard against vandalism and theft, ensuring its longevity and effectiveness.
The municipality also urged residents to work with the municipality, and law enforcement to protect and safeguard municipal assets that service all residents.
“This collective effort is crucial in preventing vandalism and theft, which severely impacts the delivery of essential waste management services, particularly in high-crime areas,” Buyeye said. – SAnews.gov.za
GabiK
Fri, 03/14/2025 - 11:14
80 views
South Africa-European Union Summit concludes
South Africa-European Union Summit concludes
President Cyril Ramaphosa has welcomed the European Union’s €4.7 billion Global Gateway Investment Package aimed at supporting strategic investment projects.
The President was speaking during a press briefing following the 8th South Africa-European Union Summit held in Cape Town on Thursday.
The package is aimed at supporting:
• A clean and just energy transition in South Africa
• Digital and physical connectivity infrastructure
• The local pharmaceutical industry.
“The investment package covers areas such as critical raw mineral processing, green hydrogen, renewable energy, transport and digital infrastructure, local vaccine and pharmaceutical production, and resources for skills development.
“To boost the competitiveness of our economies, we agreed to launch negotiations towards a Clean Trade and Investment Partnership. This will support the development of cleaner value chains for raw materials and local beneficiation, renewable and low carbon energy, and clean technology,” President Ramaphosa said.
Furthermore, the partnership will also serve as a platform for “regulatory cooperation between the European Union and South Africa in areas of mutual interest related to clean supply chains”.
“This partnership is expected, for example, to deliver short and long term solutions to enable Sasol to export sustainable fuel, especially aviation fuel, to the European Union,” the President added.
Strengthening ties
President Ramaphosa noted that the summit – the first such held in seven years – reflects mutual commitment to “enhancing our Strategic Partnership for the mutual benefit of our people”.
As a regional bloc, the European Union (EU) is South Africa’s biggest trading partner recording some €49.5 billion in total trade in 2023 with EU foreign direct investment into South Africa reaching around €71 billion in 2022.
“Today’s Summit focused on strengthening our trade and investment relations, which are vital for the growth of our economies and the achievement of our development goals,” the President noted.
Discussions also focussed on other areas including green energy, science and health.
“We have prioritised the transition to green energy, ensuring that this process is just and inclusive and safeguards the livelihoods of those most affected by the transition. We also had discussions on our robust cooperation in education; science, technology and innovation; and health.
“We have recognised the vital importance of developing the skills and capabilities of young people, starting from early childhood development through to the training of young people in the skills of the future,” President Ramaphosa explained.
Global developments
On the global stage, President Ramaphosa said, “we reaffirmed our commitment to multilateralism, the rule of law and the central role of the United Nations in maintaining global peace and security”.
“We also expressed our resolve to resist actions that undermine multilateral cooperation. We reinforced our belief that the institutions of global governance must be reformed to make them representative and fit for purpose.
“We agreed that addressing the root causes of conflict is essential for achieving durable peace, security and stability in Africa.”
Turning to the conflict in the Democratic Republic of Congo (DRC), President Ramaphosa said South Africa calls on parties to assist in addressing the “dire situation of the people” caught in the blaze of the war.
“As South Africa, we have made a call for a humanitarian intervention for displaced people in the eastern Democratic Republic of the Congo.
“As we work to achieve a ceasefire and achieve a peaceful resolution of the conflict in the DRC, we are calling on the United Nations, African Union and EU to help to address the dire situation of the people affected by the fighting,” he said.
Reflecting on the outcomes of the Summit, President Ramaphosa described it as having further strengthened the strategic partnership.
“Today’s Summit has further strengthened our Strategic Partnership, which will support our efforts to drive inclusive economic growth, create jobs, eradicate poverty and address global challenges in a spirit of solidarity, collaboration and partnership.
“On behalf of the Government and people of South Africa, it has been a pleasure to host you today, reaffirming our commitment to building strong, mutually beneficial relations with the European Union,” President Ramaphosa concluded.
In his opening remarks at the summit, the President said that as one of South Africa’s most important trade and investment partners, the European Union can play a catalytic role in unleashing the productive capacity of our economy and equip our people, especially the youth, to participate in the economy of the future.
READ | President Ramaphosa engages EU on new investment package
“We hope we can continue to rely on the support of the European Union and its member states in our efforts to alleviate poverty, transition to a low-carbon economy, invest in climate-resilient infrastructure and grow our industrial capacity,” the President explained. – SAnews.gov.za
NeoB
Thu, 03/13/2025 - 19:06
122 views
Long-Suffering Durban Residents Could Wait Years for End to Water Crisis
Finance Minister on Wednesday said construction of Mkhomazi Water Project, which includes a new dam, will only start in November 2027
Access Bank’s Africa Trade Conference Ignites New Era of Intra-Africa Commerce
Access Bank PLC (www.AccessBankPLC.com) successfully hosted the inaugural Africa Trade Conference in Cape Town, South Africa, bringing together industry leaders, policymakers, and trade experts to drive solutions for accelerating intra-African trade and unlocking the continent's economic potential. The conference tackled critical challenges, including limited access to capital, market information gaps, trust deficits between trading partners, and the urgent need for modernised trade infrastructure.
Roosevelt Ogbonna, Managing Director/CEO of Access Bank, delivered the opening remarks, setting the tone for discussions by highlighting the critical barriers hindering trade across Africa. He emphasised the urgent need for financial sector collaboration to facilitate seamless access to capital and foster a business environment where African enterprises can scale and compete globally.
“We must invest in the initiatives that ensure that we can bring businesses together, forge trust, and create the connections necessary for trade. In doing so, we must stamp out the narrative that 'Made in Africa' is inferior to any product made anywhere else in the world. We must buy Africa, be proud to wear Africa, and invest in Africa because that is what the continent needs to leap forward into the next generation,” Ogbonna stated.
With Africa's population projected to surge to 2.5 billion by 2050 from 1.2 billion, the African Continental Free Trade Area (AfCFTA) stands as the most significant free trade initiative since the formation of the World Trade Organisation. By fostering economic integration, AfCFTA has the potential to reshape trade dynamics across the continent, creating a unified market that enhances industrialisation, boosts employment, and strengthens Africa's global competitiveness. Recognising this transformative opportunity, H.E. Wamkele K. Mene, Secretary-General of AfCFTA, emphasised the urgency of fully implementing the agreement to unlock its immense benefits.
"The AfCFTA is not just a trade agreement; it is an instrument for Africa's industrialisation and economic sovereignty. It is a tool that will enable us to break down historic trade barriers and build an Africa that is self-sufficient, competitive, and prosperous. But for this to happen, we must commit to operationalising the agreement fully, ensuring that businesses, particularly SMEs and women-led enterprises, have access to the information, capital, and platforms they need to thrive,” Mene stated.
Also, Kanayo Awani, Executive Vice President of Afreximbank, emphasised the importance of financing mechanisms that support African businesses in their expansion across borders. She reaffirmed Afreximbank's commitment to championing trade finance solutions and infrastructure investments that will unlock Africa's trade potential.
“At Afreximbank, we understand that trade finance is the lifeblood of economic development. Without it, businesses cannot scale, industries cannot innovate, and Africa cannot fully realise its trade potential. This is why we have developed instruments such as the Pan-African Payment and Settlement System (PAPSS) to facilitate seamless transactions across borders, reducing reliance on foreign currencies and strengthening intra-African trade,” Awani remarked.
The conference featured an insightful testimonial from Nathalie Louat, Global Director at the IFC/World Bank Group, who pointed out the pivotal role of trade finance in enabling cross-border transactions and supporting financial inclusion. She underscored the long-standing partnership between IFC and Access Bank in fostering Africa's economic resilience.
Several high-level panel discussions explored strategies to overcome trade barriers and enhance market access through innovative solutions. Experts from leading institutions, including Deutsche Bank, Traydstream, OWP Partners, Fiducia International, and more, examined how infrastructure improvements, digital solutions, and policy harmonisation could drive economic growth and boost intra-African trade.
Dr. Marc Auboin from the World Trade Organization (WTO) shared key insights on how digital transformation is reshaping Africa's supply chain landscape, creating efficiency and unlocking new global market opportunities. Tanya Dos Santos-Ford from GIBS Business School also led a session on sustainable trade practices, emphasising the need for environmentally responsible economic growth strategies.
The event culminated in an awards ceremony recognising outstanding contributions to intra-African trade and economic transformation. Tradepass Commodities Limited (Ghana), Chemaf International FZE (DR Congo), and Harvest Group of Companies (Zambia) were honoured for their impact on SMEs and women-led trade enterprises. Bulkstream Limited (Kenya) and Electricidade de Moçambique (Mozambique) received awards for advancing intra-African trade, while Tennant Metals South Africa Pty Ltd was recognised as an Emerging Leader in Trade.
The International Finance Corporation (IFC) was awarded the Climate Finance Leadership Award, while Afreximbank received the Champion of Intra-African Trade Award. The African Development Bank (AfDB) and Africa Finance Corporation (AFC) were celebrated for their roles in economic transformation and infrastructure finance, respectively. The prestigious African Icon Award was presented to IHS Group, Dangote Industries Limited, and MTN Group Limited for their significant contributions to Africa's economic progress.
As the conference ended, Seyi Kumapayi, Executive Director, African Subsidiaries at Access Bank, reaffirmed the institution's commitment to supporting trade finance, fostering regional integration, and championing policies that create an enabling environment for businesses across Africa.
For inquiries:
- Olakunle Aderinokun
olakunle.aderinokun@theaccesscorporation.com
Distributed by APO Group on behalf of Access Bank PLC.
About Access Bank PLC:
Access Bank PLC, a wholly owned subsidiary of Access Holdings PLC, is a leading full-service commercial bank operating through a network of more than 700 branches and service outlets spanning three continents, 24 countries and over 60 million customers. The Bank employs over 28,000 people in its operations in Africa and Europe, with representative offices in China, Lebanon, India, and the UAE.
Access Bank's parent company, Access Holdings PLC, has been listed on the Nigerian Stock Exchange since 1998 (now Nigerian Exchange (NGX)). The Bank is a diversified financial institution which combines a strong retail customer franchise and digital platform with deep corporate banking expertise, proven risk management and capital management capabilities. The Bank services its various markets through three key business segments: Corporate and Investment Banking, Commercial Banking, and Retail Banking. The Bank has enjoyed what is Africa's most successful banking growth trajectory in the last 20 years, becoming one of the continent's largest retail banks.
As part of its continued growth strategy, Access Bank is focused on mainstreaming sustainable business practices into its operations. The Bank strives to deliver sustainable economic growth that is profitable, environmentally responsible, and socially relevant, helping customers to access more and achieve their dreams.
Raw Sewage Is Running Into the Kruger Park From Limpopo Town
Phalaborwa residents lay criminal charges against local municipalities to try to end their sewerage problems
China-Africa Business Ties a Key Focus
China has reaffirmed its commitment to supporting Africa's drive for enhanced energy access and industrialization, according to speakers at the Invest in African Energies Shanghai Forum. Leveraging China's expertise in technology-driven oil, gas and energy development, African firms can tap into a valuable partnership and greater investment by Chinese firms would further efforts to make energy poverty history in Africa.
With over 600 million people living without access to electricity and 900 million people without access to clean cooking solutions, Africa is seeking to leverage global partnerships to fast-track energy production and development. China stands to play a major part in facilitating this growth and the Shanghai Forum - co-organized by the African Energy Chamber (AEC) and the Shanghai Development Research Foundation - drew insight into strategic areas of collaboration.
“We want to see investments in African energy. The AEC will continue to support Chinese businesses that want to invest in China and give you the priority needed for you to invest in our beautiful continent,” stated NJ Ayuk, Executive Chairman, AEC.
For emerging African players seeking to unlock the full potential of their underdeveloped resources, Chinese partnerships have the ability to unlock new capital and technology to advance projects. Partnerships also serve to support mature players enhance their production capacity as Africa drives long-term energy development. Phuti Joyce Tsipa, Consul General, South African Consulate-General Shanghai, highlighted the value of enhanced cooperation with China.
“Together, China and South Africa can work towards building a high-quality international community that can work on a prosperous future, centered on balanced economic growth. Increased energy investment in Africa is at the heart of our future prosperity. We see China as a critical country to partner with, not only with South Africa, but the entire continent,” she said.
The Shanghai Forum sought to bolster China-Africa relations by facilitating market entry and expansion by Chinese firms in Africa. The Forum featured the participation of 100 companies, including consulates, private firms, investors and policymakers, with presentations centering on opportunities for Chinese firms in Africa, strategies for advancing African industrialization and electrification and the impact Chinese technology will have on the African energy market.
Dr. Bieni Da, Chief Representative for China at the AEC and Yide Qiao, Vice Chairman and Secretary General, Shanghai Development and Research Foundation, underscored the need to facilitate energy ties between China and Africa. According to Qiao, “China has strong technology in green energy and cooperation can be extended to Africa.”
Chinese firms are leading in terms of innovative, low-carbon energy solutions. With a national goal of becoming carbon neutral by 2060, China is supporting domestic companies through policy improvements, capital and research and development. Africa stands to leverage this expertise to advance its own development agenda. This expertise extends to the oil and gas sectors and Chinese companies have begun to expand their footprint in Africa.
Dr. Wang Zengye, Deputy Director-General of Policy Research Office, China National Petroleum Corporation (CNPC) provided an overview of the projects CNPC has led in Africa. He said: “Bilateral relationships between China and Africa is already quite strong and high-level cooperation has been established. This ensures that investment can flow.”
China has also effectively established industrial hubs which support the economy by centralizing manufacturing. Bi Mingze, CFO of Yunan County Chuangxing Industrial Investment Group, said that the company has established an industrial hub in Yunan in China. This hub can be replicated across Africa.
The Shanghai Forum served as a prelude to the African Energy Week (AEW): Invest in African Energies conference, slated for September 29 to October 3 in Cape Town. As the largest event of its kind in Africa, AEW: Invest in African Energies fosters collaboration and investment in Africa. For Chinese companies, the event offers a strategic opportunity to gain insight into African projects while strengthening ties with African firms.
“If you work in any energy field, we are able to help you connect with key stakeholders. We support policy that enhances local content and infrastructure development. It is time to invest in Africa,” stated Johnson Kayode Obembe, Sales Director, African Energy Week.
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.
Africa Tech Festival Announces Leadership Council for 2025
Africa Tech Festival (www.AfricaTechFestival.com), the continent's leading platform for technology innovation and connectivity, is proud to announce the esteemed members of its Leadership Council for 2025. Comprising influential leaders from across Africa's technology, business, and investment sectors, the Leadership Council will play a pivotal role in shaping the festival's agenda, ensuring it remains at the forefront of industry trends, policy discussions, and digital transformation.
The Africa Tech Festival 2025 Leadership Council comprises of:
- Brelotte Ba, Deputy CEO of Orange Middle East and Africa, Orange
- Antoinette Kwofie, Chief Financial Officer, MTN Ghana
- Bunmi Adeleye, Chief Strategy Officer, Retail Supermarkets Nigeria (Shoprite Nigeria)
- Charles Murito, Regional Director, Government Affairs & Public Affairs, Sub-Saharan Africa, Google
- Dido wa Kalonji, Chief Information Officer, First National Bank – Eswatini
- Faith Burn, Chief Information Officer, Eskom
- Nicolas Pompigne-Mognard, Founder and Chairman, APO Group
- Nina Triantis, Global Head Telecoms, Media and Technology, Client Coverage, Corporate and Investment Banking, Standard Bank
- Nomsa Chabeli, Group CEO, SABC
- Mary Mahuma, Chief Information Officer, Southern Africa, Philip Morris
- Philip Besiimire, CEO, Vodacom Tanzania
- President Ntuli, Managing Director, South Africa, Hewlett Packard Enterprise
- Ravi Bhat, Chief Technology and Solutions Officer, Microsoft Africa
- Ayanda Peta, Chief Information Security Officer, African Rainbow Minerals
- Richard Cazalet, Executive: Strategy and Transformation, Telkom SA
- Shamiela Letsoalo, Director: Public Affairs, Naspers Limited
Bringing together a wealth of expertise, the Leadership Council will provide strategic guidance to ensure Africa Tech Festival continues to address the most pressing issues and opportunities within Africa's digital economy. Their insights will help drive meaningful discussions on connectivity, AI, fintech, cybersecurity, cloud, and the future of digital infrastructure across Africa.
“Africa Tech Festival serves as a platform for connection, collaboration, and innovation across the continent,” said James Williams, Event Director of Africa Tech Festival. “With the guidance of our Leadership Council, we will continue to curate an event that drives impactful conversations, supports industry growth, and fosters Africa's position as a global technology leader.”
Distributed by APO Group on behalf of Africa Tech Festival.
Media Contact:
Tori Wilson
Senior Marketing Manager
tori.wilson@informa.com
About Africa Tech Festival 2025:
Now in its 28th edition, Africa Tech Festival 2025 will take place from 11 to 13 November 2025 at the Cape Town International Convention Centre (CTICC), bringing together over 15,000 technology leaders, policymakers, investors, startups, and visionaries. The festival encompasses four anchor events:
- AfricaCom – The continent's largest telecoms and connectivity event
- AfricaTech – The hub for technology, innovation, and enterprise growth
- AfricaIgnite – Driving growth and impact in Africa's startup ecosystem
- The AI Summit Cape Town – Where commercial AI comes to life
With over 500 speakers, 300 exhibitors, and multiple networking opportunities, Africa Tech Festival remains the largest and most influential tech event on the continent.
For more information about Africa Tech Festival 2025 and its Leadership Council, visit www.AfricaTechFestival.com.
Department prepares for Pongolapoort Dam water release
Department prepares for Pongolapoort Dam water release
The Department of Water and Sanitation (DWS) is preparing for the imminent release of water from the Pongolapoort Dam in Jozini, northern KwaZulu-Natal.
This follows weeks of heavy rainfall that have caused several dams in the region to exceed their capacity.
The department issued a statement this week, noting that the Pongolapoort Dam has reached 90.8% of its capacity due to continuous inflows, prompting it to implement the standard operating rule of the dam safety protocol.
“This decision [to release the water] underscores the critical importance to maintain dam safety and prevent potential risks associated with overcapacity. Water release is a necessary measure to ensure the structural integrity of the dam and safeguard surrounding communities from the dangers of uncontrolled spillage or dam failure,” the department said.
If the current inflows persist, the department said it may be required to activate releases by Friday, 14 March 2025.
It also noted that the inflows are unpredictable and may change at any time.
“For instance, current inflows may significantly increase, requiring the department to release water before the anticipated time. On the contrary, inflows may significantly reduce, necessitating a halt to the release.
“Currently, the inflow slightly exceeds the outflow, and the dam level continues to rise steadily. It is for this reason that communities are notified of the imminent release to ensure preparedness and safety,” the department said.
Communities in and around Jozini, and Makhathini Flats (Welcome, Hlazane, Mboza, KwaShukela, Mzinyeni, Skhemelele, KwaLulwane, Bhekabantu, Mamfene, Shemula, Hlokohloko, Madonela, and Ndumo), have been urged to exercise extreme caution during and after the water release.
Additionally, the department is continuously engaging with the Lower Pongola Water User Association, representing water users and communities in the riparian of the river, to keep stakeholders informed on the department’s emergency preparedness plan.
The increased flow into the Pongola River will raise water levels, potentially affecting low-lying areas, floodplains, low-level bridges, and agricultural activities.
Residents downstream have been advised to remain vigilant, as the release may lead to localised flooding.
The department emphasised that the Pongolapoort Dam remains a vital infrastructure for water management and flood control.
The department will continue to monitor the dam’s performance, including inflow rates, to ensure the safe and efficient operation of the dam.
It emphasised that the proactive approach highlights the importance of balancing water storage with safety, ensuring the well-being of communities and the environment, while maintaining the dam’s functionality.
“The DWS follows operating rules and procedures when releasing water from dams necessitated by floods as a result of heavy rains and will gradually implement the releases in line with the established flood management protocols in coordination with the National Disaster Management Centre (NDMC), Provincial Disaster Management Centres (PDMCs), and affected local municipalities.” – SAnews.gov.za
GabiK
Thu, 03/13/2025 - 14:43
154 views