South Africa increases renewable energy capacity

South Africa increases renewable energy capacity

South Africa currently has over 7,000 megawatts of renewable energy connected to the grid, with an additional 20 gigawatts planned for future development, according to Jacob Mbele, the director-general of Mineral Resources and Energy. SA is leading sub-Saharan Africa with nearly 40% of the region's new capacity. Mbele said it is important to continue exploring, developing, and producing the country's natural resources.

October 21, 2024 13

World

Russia FM in Guinea amid Africa influence boost

Russian Foreign Minister Sergei Lavrov arrived on Monday in Guinea, his ministry said, the first trip by Moscow's top diplomat to the West African country since 2013. Russia, which has seen its relations with the West plummet after it sent troops into Ukraine in 2022, has sought to boost its influence in Africa in recent years. Russia's foreign ministry announced the visit on the Telegram social media […]

June 3, 2024 12

Namibia

Business Association Proposes Government Ownership of 50% of Natural Resources

The Namibian Local Business Association suggests that the government should own 50% of Namibia's natural resources to ensure more significant benefits for Namibians. Peter Amadhila, Naloba's vice president, proposed this after a meeting with the Minister of Mines and Energy, Tom Alweendo. Alweendo hinted at the government acquiring shares in the mining industry for free, although the exact percentage hasn't been specified. This idea has drawn criticism from Veston Malango, […]

May 8, 2024 26

Africa

Nigeria revokes dormant mining licences, opens opportunity for investors

Nigeria's government has revoked with immediate effect, 924 dormant licences across four sectors in the mining industry. It has also invited investors to freely apply for the affected licences which it says will be offered on a "first come, first served" basis.

April 25, 2024 25

Africa

Africa’s battery manufacturing activity is charging ahead

By Bonface Orucho, via bird story agency Africa is leading a homegrown revolution in battery manufacturing, leveraging its abundant green mineral resources and clean energy to feed surging global demand for clean, green, renewable energy storage. Strategic partnerships between countries and investment partners are gaining momentum, aiming to transform the continent, currently a net importer of batteries, into a self-sufficient region capable of meeting the growing battery storage demand […]

January 31, 2024 41

Africa

Will Kenya’s strategic mining reforms catalyse a sector renaissance?

By Bonface Orucho, via bird story agency Kenya's mining and extractives sector is flourishing, reaping the rewards of recent reforms that promise to increase sector revenues as the country positions itself for economic gains from the burgeoning industry. From legal and legislative reforms to seamless mapping and surveying of available resources, the East African country is showing increased interest in tapping into new revenue-generating opportunities in the sector. […]

January 30, 2024 9