Carbon Capture, Utilisation, and Storage: A Beacon for South Africa’s Energy Future

Carbon Capture, Utilisation, and Storage (CCUS) offers South Africa a crucial solution to balance economic growth with environmental sustainability. The Council for Geoscience’s (CGS) dedication to advancing CCUS technology, in partnership with various stakeholders, is a positive move. Integrating CCUS with renewable energy, creating supportive policies, and increasing public awareness can lead to a resilient, sustainable energy future. South Africa’s proactive efforts in CCUS can become a model for other coal-dependent countries, demonstrating that with determination, innovation, and collaboration, it is possible to meet climate goals and ensure a prosperous future.

Minister Senzo Mchunu Discusses Municipal Service Delivery and Key Projects

In an insightful interview with Kirsten Kelly, Minister of Water and Sanitation Senzo Mchunu discusses the challenges and transformative initiatives in municipal water service delivery. Highlighting the theme of “Water for Peace” on World Water Day, Mchunu underscores the collaborative potential of water to unite communities and countries. He also elaborates on critical projects and legislative reforms aimed at ensuring reliable access to potable water across South Africa, emphasizing the department’s shift towards a more integrated approach to water resource and services management.

Africa’s Clean Energy Surge: A Beacon of Hope in Declining Foreign Investments

Despite a slight decline in overall foreign investment flows to Africa in 2023, the continent’s clean energy sector has seen a remarkable surge, attracting significant global interest. Noteworthy investments include a $34 billion green hydrogen project in Mauritania and over $10 billion for wind and solar projects in Egypt, South Africa, and Zimbabwe. These developments highlight Africa’s growing commitment to sustainability and its potential to lead in renewable energy, driving economic growth and environmental progress.

South African Asset Managers’ Response to Shifting Investment Trends and Political Uncertainty

In the midst of evolving investment landscapes, South African asset managers have notably adjusted their strategies, as highlighted in the 2023 Alexforbes Manager Watch Annual Survey. Over the past five years, a discernible trend has emerged, with a greater focus on global equities alongside recalibrations in domestic allocations. However, this strategic maneuvering unfolds against a backdrop of political uncertainty following national elections, with discussions of a Government of National Unity stirring market volatility. Yet, armed with insight and adaptability, South African asset managers remain poised to navigate these challenges, steering investments towards long-term prosperity amidst shifting sands.

Minister Senzo Mchunu Discusses Municipal Service Delivery and Key Projects

In an insightful interview with Kirsten Kelly, Minister of Water and Sanitation Senzo Mchunu discusses the challenges and transformative initiatives in municipal water service delivery. Highlighting the theme of “Water for Peace” on World Water Day, Mchunu underscores the collaborative potential of water to unite communities and countries. He also elaborates on critical projects and legislative reforms aimed at ensuring reliable access to potable water across South Africa, emphasizing the department’s shift towards a more integrated approach to water resource and services management.

Milestone Achieved in Carbon Capture and Utilisation Storage Project

Leandra, Mpumalanga, 10 May 2024 – The Council for Geoscience (CGS) and Mzansi Exploration, Drilling and Mining celebrated a significant achievement with the completion of an 1800m drill for the Carbon Capture and Utilisation Storage (CCUS) pilot project. This milestone, essential for the development of the CCUS initiative, was celebrated at the CCUS Piloting Site in Leandra, Mpumalanga.

UNDP Announces Groundbreaking Start-Up Ecosystem Event in South Africa

The United Nations Development Programme (UNDP) is thrilled to announce an exciting new event in South Africa as part of the “UNDP Meet the Toshikas” initiative, which also spans Angola and Zambia. This event is set to connect investors, accelerators, incubators, local corporates, and governmental bodies with innovative start-ups. Out of 254 applicants, 10 outstanding start-ups from South Africa have been selected to pitch their groundbreaking ideas. The event will feature insightful presentations and panel discussions with key ecosystem stakeholders and esteemed Japanese investors, fostering robust

business networks and facilitating collaboration opportunities. Supported by Japan’s Ministry of Economy, Trade, and Industry (METI), “Meet the Toshikas” aims to empower young African entrepreneurs, enhance their competitiveness, and attract Japanese venture capital investment to Africa. For more information, visit UNDP Meet the Toshikas.