President Cyril Ramaphosa’s premature return to South Africa from his UK state visit has underlined the extent of South Africa’s power problems, which are severe enough to have caused a serious political headache for the ANC. The position of embattled state utility Eskom CEO, Andre de Ruyter, appears safe for now, but the appointment of a new board of directors has been met with a “mix of optimism and scepticism”, according to African Energy. Failure to meet power demand in one of Africa’s most wealthy countries is nothing new, but the underlying problem – ageing and inefficient power stations – have failed to an unprecedented extent, African Energy wrote earlier this month. Read more here: https://lnkd.in/egWZ86kS
In the midst of chaos, there is also opportunity, however, proven beyond doubt by South Africa’s continent-leading generation pipeline of private sector-led renewables projects. Boosted by several massive procurement rounds, the sector’s bright future for generation is in heavy contrast to its current malaise. African Energy Live Data drives powerful quantitative insights into Africa’s power sector, see more: https://lnkd.in/eDgU_MEE
Africa Investment Exchange
This juxtaposition means that expert analysis of the challenges and opportunities of the sector is especially valuable. The upcoming AIX: power and renewables event, equipped with a host of distinguished industry stakeholders and an unparalleled reputation for robust debate, will have a focus on disentangling the issues of the South African power sector.
View the programme for the event and book your tickets via the link below.