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Indebted Eskom Turns to Sukuk Market for Funding
South Africa’s embattled national power utility Eskom has new plans to issue a $58 million (R1 billion) sukuk bond in a bid to diversify funding sources as borrowing costs rise. According to spokesperson Sikonathi Mantshantsha, Eskom has appointed a new…
Angola Committed to Meeting Energy Objectives Amid Worldwide Pandemic
Africa Oil & Power, the African Energy Chamber and the U.S-Angola Chamber of Commerce presented the webinar: Powering Forward – The Pathway to Grid Stability, Increased Capacity and a Diversified Angolan Economy, on Thursday. This webinar addressed how Angola can…
How Tech is Changing the Mining Industry’s Future
The mining industry across the globe is currently undergoing a technological paradigm shift. Mines of the future will require advanced technologies and mining operators are all set to embrace the new digital technologies to gain a competitive advantage. For centuries,…
Shell and IBM Join Forces to Fast-track Digitalisation in the Mining Sector
As current world events disrupt regular business operations, mining companies should be looking to become more agile and resilient by embedding more automated mine solutions such as self-driving haul trucks and remote operations centres in their operations. To do just…
Energy Storage Technology Could Put an End to Africa’s Blackouts
A shift from Africa’s traditional approach to power generation is needed to unleash the continent’s clean energy potential and secure an African future free from blackouts. A strategy centred around energy storage and flexible power systems will be the key…
South Africa Looks to be Expanding its Nuclear Power Infrastructure
South Africa’s Department of Mineral Resources and Energy has taken another step towards building a new nuclear-power program. On Sunday, the department had issued a request for information for 2500 megawatts of capacity, the ministry says in a statement. Submissions…
Energy Leaders Give Insight on the Future of Kenya’s Oil and Gas Transition
Kenya’s oil and gas industry is in a state of transition, as its major oil and gas development — Blocks 10BB and 13T in Turkana — has been put on hold, with Tullow Oil submitting a notice of force majeure…
Consumers See Tech Innovations as Critical to Future Environmental Sustainability, says Report
The latest Ericsson ConsumerLab report reveals fresh insights on consumer attitudes toward sustainability challenges – and how technology could help them to make a greater positive impact. From governments and businesses to millions of school children going on strike as…
Are Alternative Fuels the Key to Relieving South Africa’s Energy Pressures?
South Africa remains in a dire energy crisis with utility costs having increased by 17% most recently and with the local provider desperately needing an additional 5 000 megawatts of generating capacity. And, if we consider that almost 77% of…
Mining Sector Set to Lead Economic Recovery in Zambia
Despite a challenging business environment in many sectors across the globe, Zambia’s wealth of natural resources continues to open the door for new investors and opportunities. As the world begins its recovery and gradual reopening in the face of the…
The Rise of IoT in Mining
The latest research study conducted by Inmarsat found that the global mining sector is undergoing an Internet of Things (IoT) revolution with respondents reporting significant increases in adoption of connected technologies. Mining organisations reported successes in implementing projects to safeguard…
JUMEME to Provide Free Electricity to 10 Healthcare Centres in Tanzania
JUMEME, a mini-grid operator in Tanzania – co-funded by the European Commission, has launched a “COVID-19 Relief Programme” to support the Tanzanian government and local populations in their effort to fight the COVID-19 pandemic. With this programme, JUMEME says it…
How is COVID-19 Impacting the Mining Sector?
Global restrictions to encourage social distancing have meant that mining projects have either slowed or been put on hold until further notice. There is no doubt that mining executives are beginning to feel nervous as the spread of the virus…
New Type of Nuclear Reactor Unveiled at the Africa Energy Indaba
Russian nuclear institution Rosatom presented a new type of small modular reactor (SMR) at the Africa Energy Indaba Forum in Cape Town last week, on the 3 and 4 March. Rosatom is currently the only company in the world to…
South Africa to Build 12 New Wind Farms to Replace Coal Stations by 2030
The 2019 Integrated Resource Plan (IRP) puts aside increased allocations for wind power in the coming years – which will result in the renewable energy source becoming a greater part of the country’s energy grid. Plans for the construction and…
European Solar Power Plant to Assist Eskom
Scatec Solar, Norwegian company specializing in photovoltaics (solar electricity), has connected its first solar farm to the South African grid. The new operation adds 86 MW of the 258 MW required in the solar power complex currently operating in Upington,…
