Africa has considerable potential to generate solar and wind energy at a low cost, as it hosts many areas of high solar irradiation and good wind speeds. There is also potential to transport that energy to other areas where there is high demand for green energy to produce hydrogen, Delft University of Technology Professor Dr Ad van Wijk has said.
Sudan’s cabinet has backed an initiative for the United Arab Emirates to mediate in a dispute over Sudan’s border with Ethiopia, and over the Grand Ethiopian Renaissance Dam (GERD), the Sudanese information minister said on Tuesday. Tensions surrounding the control of farmland in al-Fashqa, on the border, have escalated in recent months, while talks over the operation of the GERD, which will affect water volume downstream on the Nile in Sudan and Egypt, are deadlocked.
South Africa’s National Treasury is considering whether it would be better to move a chunk of Eskom Holdings’ R464-billion of debt into a special-purpose vehicle (SPV) or have the State take over responsibility for it directly, people familiar with the situation said. While banks have led discussions for the last few weeks over the creation of a so-called SPV that would take over at least R100-billion of Eskom’s debt, and possibly much more, that debt would almost certainly have to be guaranteed by the government, the three people said, asking not to be identified because an announcement hasn’t been made.