energy transition - The African Mirror

Oct

2023

Ghana looks to market more oil and gas blocks

GHANA is looking to boost its oil and gas production by selling more exploration rights, aiming to avoid leaving valuable fossil fuels in the ground and generate revenue to fund its energy transition, a Ghanaian official said. The West African country is suffering its worst economic crisis in generations and has been seeking investors from countries such as the United States, China and India for its oil and gas sectors. "For any investor to look at a temporary hiccup as a basis for decisions in Ghana I think would be making a mistake," said Andrew Kofi Egyapa Mercer, deputy minister…

Jan

2023

By The African Mirror

Yellen welcomes South Africa’s energy transition, steers clear of Russia mention

NEWS

ANDREA SHALAL and KOPANO GUMBI U.S. Treasury Secretary Janet Yellen lauded South Africa's "bold" participation in an energy transition partnership backed by the United States and other Western nations but steered clear of mentioning U.S. concerns about Pretoria's planned military drills with China and Russia. She welcomed Godongwana's "cooperation and insightful views" in their previous discussions and said she would raise several issues, including Zambia's stalled sovereign debt restructuring effort, given South Africa's key role on the country's creditor committee. "The United States strongly values our relationship with South Africa," Yellen said in remarks that included no mention of Russia…

Jun

2022

By The African Mirror

Can SA provide a template for Africa’s just energy transition?

ENVIRONMENT

SETH ONYANGO, BIRD STORY AGENCY AT the COP26 climate conference in Glasgow last year, climate experts demonstrated how Africa can contribute to global emission reduction owing to its massive green energy potential. A chorus of how the continent could benefit from the dynamics of the global energy transition reverberated throughout the 12-day conference. But unlike the previous forums where rich nations only paid lip service to Africa's bid to decarbonise, the aforementioned states pledged financial incentives to the vision, starting with South Africa which is still dependent on coal. British Prime Minister Boris Johnson told the meeting in Glasgow that…