Archive for year: 2022

Energy and chemicals group Sasol has launched Bridge to Work (BtW), a portfolio of initiatives aimed at reducing unemployment in its communities across the country. This is done by developing emerging farmers and improving access to economic opportunities for the youth, women, and adults out of work by providing training in critical skills such as agriculture, motor mechanics, welding, technology and digital business management skills.

The shortage of electricity in many African countries is about equivalent to 1% of the global average and if this energy poverty gap is to be bridged by renewable energy in line with carbon-neutral targets, Africa will need to deploy an additional 2 354 GW of renewable generation by 2050 to bring the continent up to the world average for electricity access and meet decarbonisation commitments, professional services firm PwC estimates. This increase of nearly 40 times the current installed renewables capacity of 59 GW is estimated to cost Africa about $2.6-trillion – about the current size of Africa’s gross domestic product.

Leading South African mineral sands producer Richards Bay Minerals (RBM) has entered into a 20-year power purchase agreement (PPA) with independent power producer Voltalia for the supply of wheeled renewable energy from a 148 MW solar photovoltaic (PV) facility in Limpopo to its smelting and processing facilities in KwaZulu-Natal. Voltalia and its black economic empowerment partners will begin construction of the Bolobedu solar project in 2023 at a site that is about 120 km east of Polokwane.

South Africa has submitted to some of the world’s richest nations a revised plan for how it will spend a proposed $8.5-billion to help it transition away from coal, two people familiar with the situation said. The new draft — sent to funding partners the UK, US, France, Germany and the European Union — advances a process that’s been mired for almost a year in complex negotiations. The people, who asked not to be named because talks are ongoing, declined to give any detail on what the amendments involve.

Africa must make use of all its energy resources, as it needs to achieve development. So affirmed African Union (AU) Commissioner for Infrastructure and Energy Amani Abou-Zeid in her keynote address to the Africa Oil Week conference in Cape Town. She highlighted that some 50% of African people still had no access to modern energy. Moreover, for the first time, the process of connecting Africans to modern energy had slowed down. “Africa will have to utilise all forms of its energy sources to meet all its needs,” she said. “Now is not the time to be picking and choosing.”