Africa’s energy transition presents a significant opportunity to expand electricity access, stimulate industrial growth and attract private capital, provided that investment frameworks, grid infrastructure and policy certainty evolve to support long-term deployment, highlights Boston Consulting Group MD and partner Kesh Mudaly. He notes that while substantial global capital is earmarked for the energy transition, emerging markets continue to face structural barriers that slow investment, adding that the challenge is therefore not just the absence of capital scarcity, but the mechanisms required to mobilise and deploy it effectively.
As South Africa’s electricity market shifts into competitive mode, 2026 may be a year of deal-making and portfolio realignment across the energy value chain, states law firm Webber Wentzel. The firm expects to see increased activity in mergers, acquisitions and strategic joint ventures as international investors and regional platforms look for scalable entry points.
Beyond traditional infrastructure and financing structures, a new generation of partnerships is beginning to shape how energy projects interact with the communities around them. As Africa accelerates efforts to close its infrastructure gap and expand energy access, one reality is increasingly clear, that cross-border growth cannot be delivered in isolation. Across energy, mining and large-scale infrastructure, sustainable expansion depends on carefully structured, value-aligned partnerships.
Glencore’s South African ferrochrome unit could walk away from talks with the government over a discounted electricity package due to what it sees as unfavourable conditions, an executive said on Thursday. Glencore has said it requires reduced tariffs to keep its loss-making smelters open and avert job cuts. The government is keen to save the smelters, which employ thousands and are major customers of the state-owned electricity supplier Eskom.
Infrastructure as an asset class plays a dual role in building the economy by reducing the costs of doing business and by directly contributing to the economy. For South African businesses to grow and thereby grow the economy, the country must reduce the cost of doing business, and infrastructure plays a role in achieving this, said Finance Deputy Minister Dr David Masondo on March 19, in Westcliff, Johannesburg.
The National Treasury has officially launched a R54-billion performance-based grant in a bid to increase investments in water, sanitation, electricity and waste infrastructure services by the country’s eight metropolitan municipalities, or metros. Known as the Metro Trading Services Reform, the performance-linked incentive aims to mobilise more than R100-billion in infrastructure investment over the coming six years, with recipient municipalities required to match the infrastructure grants with their own revenues and borrowings.
In this article, EE Business Intelligence MD Chris Yelland writes that a legal dispute now before the courts highlights a rapidly emerging fault line in South Africa’s energy transition: intensifying competition among renewable energy developers for scarce grid connection capacity.
The Mooi Plaats solar photovoltaic project has begun commercial operation. The project supports 240 MW of green energy to the South African platinum, diamond and iron-mines. This achievement is described as marking another advancement in the growing portfolio of renewable assets in South Africa of Envusa Energy, a venture owned jointly by Anglo American and Electricité de France Renewables (EDF) power solutions.
Eskom has offered labour groups an annual wage increase of as much as 6.5% in a fourth round of negotiations that have dragged on for months. The State-owned power utility tabled a three-year deal that include a basic salary increase of 6.5% in July, another 6.5% next year and 6% in 2028, according to a copy of the offer that was confirmed by Eskom. There are also additional increases to the housing benefit and funeral cover.
Anthem CEO James Cumming says there is a “high probability” of a battery energy storage system (BESS) being integrated into its massive 475 MWac (620 MWdc) Notsi solar PV project in the Free State, with the site having already been permitted to include BESS. The South African independent power producer started construction on the R9-billion project in March following financial close, which was concluded on the back of 20-year-plus offtake agreements with electricity traders Discovery Green and NOA.
INDUSTRY NEWS
- South Africa’s pipeline of advanced wind projects stands at 17 GW – GWECApril 21, 2026 - 1:04 pm
- As coal chokes Johannesburg, South African scientists launch pollution warning appApril 21, 2026 - 11:04 am
- R1.4bn Mercury BESS project scheduled to enter into operation in Q4 2027April 20, 2026 - 12:04 pm
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