Powering South Africa’s energy ambitions
South Africa’s loadshedding blues appear to be in the past with the country having recently experienced 300 days of constant power supply. CNBC Africa’s Fifi Peters caught up with the country’s Electricity Minister, Kgosientso Ramokgopa and Eskom Group Chief Executive, Dan Marokane at the World Economic Forum in Davos, Switzerland. She asked how international investors had reacted to South Africa’s improved electricity supply and where the country was hoping to solicit further investments i n the energy sector.
Thu, 23 Jan 2025 11:16:33 GMT
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AI Generated Summary
- South Africa celebrates 300 days without loadshedding, signaling a significant improvement in energy supply.
- Effective leadership, technical expertise, and collaboration between government and non-state actors have been instrumental in resolving the energy crisis.
- International investors are recognizing South Africa's energy potential and showing interest in supporting the country's clean energy transition.
South Africa has reached a significant milestone in its energy journey, marking 300 consecutive days without loadshedding. This achievement comes after years of challenges and blackouts that have plagued the country's energy sector. The turnaround has been attributed to a new level of social compacting and collaboration between the government, non-state actors, and the utility company, ESCOM. CNBC Africa's Fifi Peters spoke with Khusin Suramukhopa, the Minister of Electricity and Energy, and Dan Marokane, the CEO of ESCOM, at the World Economic Forum in Davos, Switzerland, to discuss the transformation in South Africa's energy landscape. The conversation highlighted the positive impact of effective leadership, technical expertise, and a shared commitment to resolving the energy crisis. As South Africa emerges as a beacon of success in energy management, international investors are taking notice of the country's potential and are showing interest in supporting its clean energy transition and infrastructure development.
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