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Press Office - WEG Africa

West Africa - beyond traditional energy
West Africa - beyond traditional energy
15th November 2024

By: Ajibola Akindele - Country President, Nigeria, Schneider Electric West Africa It is a double-edged sword; West Africa is going through an exciting period of industrialisation but also continues... 


An image showing a gold nugget
Coal, gold weigh on mining industry’s production increases
15th November 2024 By: Tasneem Bulbulia

South Africa’s gold and coal sectors were the only sectors to post decreases in production for September and the situation is unlikely to turn around markedly in the near term. Statistics South... 


An image showing cement
Sustainable Fitch expands Transition Assessment to mining, steel, cement sectors
15th November 2024 By: Tasneem Bulbulia

Sustainable Fitch, a FitchSolutions company, has launched an expanded Transition Assessment analytical product, through the development of new sector-specific methodologies, covering additional... 


Donald Trump
Trump's transition team aims to kill Biden EV tax credit
15th November 2024 By: Reuters

President-elect Donald Trump's transition team is planning to kill the $7 500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct... 


Aerial view of the Lumwana copper project
Lumwana superpit expansion, Zambia – update
15th November 2024 By: Sheila Barradas

Feasibility studies are on track for the end of the year. 


Image of the Kayelekera operations
Kayelekera uranium restart project, Malawi – update
15th November 2024 By: Sheila Barradas

Lotus Resources is fully funded to restart production. 


Image of solar panel system
Harmony Gold renewable-energy programme, South Africa – update
15th November 2024 By: Sheila Barradas

Construction of the Moab Khotsong solar PV will start before the end of 2024. 


Image of copper ore
Eva copper mine project, Australia – update
15th November 2024 By: Sheila Barradas

Harmony Gold Mining Company is in the final stages of the feasibility study update for the project. 


Image of Australia flag and periodic table symbol for lithium and tantalum
Kathleen Valley lithium/tantalum project, Australia – update
15th November 2024 By: Sheila Barradas

Liontown Resources has scaled back its production plans for the flagship Kathleen Valley lithium project. 


Image of Akkuyu outer containment – Unit 1
Akkuyu nuclear power plant project, Türkiye – update
15th November 2024 By: Sheila Barradas

Construction has been completed on the concreting of the dome of the outer containment of the reactor building of Unit 1. 


Image of hydrogen molecules
Castellón green hydrogen project, Spain
15th November 2024 By: Sheila Barradas

bp and Iberdrola plan to build a 25 MW green hydrogen project at bp’s Castellón refinery. 


Billboard with the name of the McPhillamys mine
McPhillamys gold project, Australia – update
15th November 2024 By: Sheila Barradas

Regis Resources is taking legal action against the Australian government over a decision in August 2024 that effectively halted the project. 


Beyond liberation movements
15th November 2024 By: Martin Zhuwakinyu

When the Southern African Development Coordination Conference (SADCC) was founded in 1980, it was a coalition of postcolonial States bound by the noble dream of economic cooperation. By 1994, the... 


Image of Australia map/flag
Kestrel waste gas-to-energy project, Australia – update
15th November 2024 By: Sheila Barradas

Kestrel Coal Resources plans to build a waste gas-to-electricity facility, in Queensland, cutting the Kestrel mine’s CO2 emissions by more than one-million tonnes over eight years.   


Drill core from the Tulu Kapi project
Tulu Kapi gold project, Ethiopia – update
15th November 2024 By: Sheila Barradas

Project finance banks are considering increasing the proposed finance debt package for the project. 


South Africans mostly keen on EVs, but infrastructure concerns persist – Ford study
15th November 2024 By: Irma Venter

More than 40% of South Africans are considering purchasing an electrified vehicle (EV) in the next five years. This is according to a survey by Ford Motor Company, with most respondents preferring... 


Photo of Terence Creamer
Trading in focus
15th November 2024 By: Terence Creamer

Few would disagree that aggregators and traders will have an important and increasing role in South Africa’s future electricity market. Even in the current environment, where the industry is still... 


Non Ferrous Metal Works (NFM) Group Logo
Non Ferrous Metal Works (NFM) Group
15th November 2024

Non Ferrous Metal Works (NFM) Group is one of the leading non-ferrous metallurgical manufacturers and suppliers in Southern Africa. With its head office and production facilities situated south of... 


An image of Imraan Mahomed
Company highlights immigration compliance challenges
15th November 2024 By: Lumkile Nkomfe

An examination of the legal obligations of employers when hiring foreign workers was communicated during corporate law firm Cliffe Dekker Hofmeyr’s Immigration Compliance and Workplace Enforcement... 


An image of a Schurco Slurry pump system at a copper mine.
Copper demand spurs innovative mining
15th November 2024 By: Nadine Ramdass

Amid growing copper demand globally, driven by the energy transition, mining companies face significant pressures to increase output amid declining copper head grades.  To meet this challenge,... 


Image of offshore wind farms
New England Wind 1 offshore wind farm, US
15th November 2024 By: Sheila Barradas

New England Wind 1 will provide clean, emission-free energy to 400 000 homes in Massachusetts. 


MTN logo
MTN earns higher revenue from data, fintech growth in the third quarter
14th November 2024 By: Schalk Burger

Mobile network operator MTN achieved a 12.9% increase in group revenue in constant currency terms, with data revenue having increased by 21.3% and financial technology (fintech) revenue by 28.9%... 


Roger Baxter and Johan Odendaal.
South Africa back on investor radar screen, Roger Baxter reports
14th November 2024 By: Martin Creamer

People are sitting up and taking notice of South Africa being very much back on the investment radar screen, Southern Palladium executive chairperson Roger Baxter said on Thursday. This follows the... 


Image of the Volkswagen electric tractor
Volkswagen rolls out electric tractors, with battery swapping, in Rwanda
14th November 2024 By: Irma Venter

Volkswagen Group Africa (VWA) has announced the start of operations of a modern farming pilot project in Gashora, Rwanda, that will see the rollout of specially developed VW-badged electric... 


The Impending Boom of Transmission in Africa's Energy Networks
14th November 2024

Africa's energy sector is on the cusp of a major transformation, and transmission infrastructure is at the forefront of this shift. As countries invest in large-scale power generation and renewable... 


AFR-IX Telecom expands network reach with new Point of Presence at Digital Parks Africa Data Centre
AFR-IX Telecom expands network reach with new Point of Presence at Digital Parks Africa Data Centre
14th November 2024

AFR-IX Telecom is extending its network reach across South Africa and the African continent with the establishment of a new Point of Presence (PoP) at the Digital Parks Africa (DPA) data centre in... 


Independent Power Producer Office head Bernard Magoro
IPP Office confirms ongoing dispute with 13 projects over payment of bid bonds
14th November 2024 By: Terence Creamer

The head of South Africa’s Independent Power Producer Office (IPPO) has confirmed that it has called the bid bonds for 14 projects that failed to advance to commercial close during the fifth bid... 


The role of the private sector in Kenya’s journey to 100% renewable energy by 2030
The role of the private sector in Kenya’s journey to 100% renewable energy by 2030
14th November 2024

By: Geraldine Sande - Channel Sales Leader for Schneider Electric East Africa Kenya is emerging as a leader in renewable energy on the African continent, with an impressive 90% of its electricity... 


China's copper smelters to cut output next year on raw material shortage
14th November 2024 By: Reuters

Chinese copper smelters are likely to further cut production, shut down or extend maintenance to cope with a severe shortage of raw material or concentrate supply next year, participants at a... 


Water flowing from a tap
Parts of Jhb face weekend water cuts as Eikenhof substation to undergo repairs
14th November 2024 By: Creamer Media Reporter

Power and water utilities City Power, Johannesburg Water and Rand Water have advised that an emergency power outage will be implemented at the Eikenhof substation from 08:00 to 16:00 on November 17... 


Rio Tinto approves 25 MW solar plant for US copper mine
Rio Tinto approves 25 MW solar plant for US copper mine
14th November 2024 By: Creamer Media Reporter

Mining company Rio Tinto has approved construction of a new 25-MW solar plant at its Kennecott copper operation in Utah, bringing the mine’s total solar capacity to 30 MW. The new solar plant will... 


Sungrow Southern Africa Celebrates Official Opening of PowerElec Kenya 2024 as Principal Sponsor
Sungrow Southern Africa Celebrates Official Opening of PowerElec Kenya 2024 as Principal Sponsor
14th November 2024

Sungrow Southern Africa is excited to announce its participation as the principal sponsor of PowerElec Kenya 2024, marking the official opening of the event today. Sungrow, one of the world’s... 


Rand Currency
South Africa's ratings seen stuck in 'junk' despite investor optimism
14th November 2024 By: Reuters

South Africa will be unable to shed its "junk" credit rating for years to come, credit analysts said, despite investor optimism over the economic trajectory since the formation of a coalition... 


John Deere image
Empowering SA’s mining industry: How John Deere Financial can help companies stay competitive
14th November 2024

The South African mining sector continues to play a critical role in the economy, but it faces significant challenges. While the country remains a global leader, mining companies need to grapple... 


Mitochondria fuel cell image
Fuel cells – the modern way to generate electricity
14th November 2024

Rooted in the 14-billion-year history of the Universe is nature’s powerhouse of producing energy from hydrogen. A revolution in the energy generation sector is quietly underway, driven by this... 


Energy Council of South Africa CEO James Mackay
Energy council calls for overhaul of public IPP procurement model
13th November 2024 By: Terence Creamer

The Energy Council of South Africa has called for an overhaul of the way government procures new electricity generation and storage capacity from independent power producers (IPPs), describing the... 


An image of Emira CEO Geoff Jennet
Emira’s reshaped portfolio supports strong interim performance
13th November 2024 By: Tasneem Bulbulia

JSE-listed Emira Property Fund achieved a positive performance for the six months ended September 30, owing to strengthening operational metrics, active asset recycling and strategic deal-making,... 


Dipula CEO Izak Petersen
Dipula records 4% increase in property portfolio value for 2024
13th November 2024 By: Darren Parker

JSE-listed real estate investment trust (Reit) Dipula Income Fund’s property portfolio has increased by 4% in value to R10.2-billion in the financial year ended August 31, contributing to a 5% rise... 


A rendering of Teraco's JB5 and JB7 data centres
Teraco to build 40 MW JB7 data centre at Isando Campus
13th November 2024 By: Schalk Burger

Data centre and information and communication technology (ICT) infrastructure company Teraco has started building a new 40 MW hyperscale data centre at its Isando Campus in Ekurhuleni, Gauteng. The... 


Spatial computing and AI – where no man has sustainably gone before
Spatial computing and AI – where no man has sustainably gone before
13th November 2024

By: Johan Potgieter - Cluster Industrial Software Lead at Schneider Electric Some will argue that we now live in a Sci-Fi world where we dream of electric sheep and today’s technology – unlike HAL... 


Economic transactions see modest rebound in October after weak September
13th November 2024 By: Schalk Burger

Financial infrastructure services company BankservAfrica's Economic Transactions Index (BETI) showed a steady recovery in October, up 0.3% to 136.5, following September’s weaker performance of... 


Southern CEO says extending coal among options to meet AI demand
13th November 2024 By: Bloomberg

The booming demand for electricity from data centers and new factories requires an “all of the above” energy strategy that opens up the possibility of Southern Co. extending the retirement date of... 


COP29 is being held in Azerbaijan this month
Global CO2 emissions to hit record high in 2024, report says
13th November 2024 By: Reuters

Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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