Aug 30, 2013
African countries want ownership of energy projects – Nepad officialBack
GABORONE|Africa|Africa Energy Indaba|Development Bank|Flow|Projects|Resources|Africa|Botswana|USD|Decentralised Energy Services|Energy|Energy Access|Energy Projects|Flow|Indaba|Mosad Elmissiry|Sub-Saharan Africa
© Reuse this
This comes after the organisation held three workshops in Gaborone, Botswana, to assess the needs of the implementation of the United Nations Secretary General’s Sustainable Energy for All (SE4ALL) initiative.
The SE4ALL initiative was launched in 2011 and significant progress was made in 2012 with the engagement of Africa in the three workshops, resulting in a set of recommendations that were endorsed by the Conference of Energy Ministers of Africa (Cema) in November. Cema’s resolution requires that Nepad’s Planning and Coordinating Agency, the African Union Com- mission and the African Development Bank coordinate SE4ALL, using the recommendations as a guideline.
The top three guidelines are the Africa SE4ALL action plans, the Africa strategy for decentralised energy services and the Africa steering committee policy framework.
“There are about 1.2-billion people in the world with no access to energy and it is estimated that half of them are in sub-Saharan Africa; therefore, the objectives of SE4ALL include ensuring energy access for the world population by 2030, which will cost about $600-billion,” Elmissiry said.
The second objective was to double the share of renewables in the energy mix and the third to double the rate of energy efficiency in Africa, said Elmissiry.
Nepad will allow countries to opt in, after which it will conduct a stocktaking and gap analysis of the energy status of the country. It will assess countries’ national action plans and monitor them to ensure that energy projects are completed through the provision of assistance for the African countries by driving their energy projects.
“Further, we will coordinate and facilitate the implementation of the flow of information regarding world trends in energy projects and see that these are communicated to the African countries,” he said.
Nepad will select four countries that will be assisted in developing their energy action plans and investment prospec- tuses and in identifying their resources.
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines (150 word limit)
Other Energy News
Updated 1 hour 52 minutes ago Nigeria-focused oil and gas explorer Oando Energy Resources (OER) on Wednesday announced that it had completed the acquisition of the Nigerian upstream oil and gas business of New York-listed ConocoPhillips for a total cash consideration of $1.5-billion as well as a...
Updated 7 hours ago Tullow Oil drifted into the red after writing off more than $400-million in exploration costs but the Africa-focused explorer remained confident that its strategy will pay off. A disappointing run of oil wells exploration in Mauritania, Ethiopia and Norway over the...
Updated 1 hour 49 minutes ago Nigeria-focused oil and gas explorer Oando Energy Resources (OER) on Wednesday announced that it had completed the acquisition of the Nigerian upstream oil and gas business of New York-listed ConocoPhillips for a total cash consideration of $1.5-billion as well as a...
Updated 1 hour 55 minutes ago The disciplinary hearing of telecommunications giant Telkom’s suspended CFO Jacques Schindehütte was set to resume next Wednesday. Telkom said it hoped the hearing would result in a definitive resolution on the matter of Schindehütte’s personal conduct after a...
Updated 2 hours 12 minutes ago While unauthorised expenditure by South Africa’s municipalities has declined year-on-year, irregular expenditure has recorded a R2-billion increase as municipalities failed to follow legislated procurement procedures, the latest Auditor-General South Africa audit...
Recent Research Reports
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
This Week's Magazine
Multinational semiconductor chipmaker corporation Intel announced its national campaign to further acquire partners to drive its She Will Connect programme, an initiative that aims to expand digital literacy skills to young women in developing countries, further into...
South Africa's MeerKAT radio telescope array programme should get back on schedule within a few months. This assurance has been given by SKA South Africa (SKA SA) associate director: science and technology Prof Justin Jonas. Early last month, Science and Technology...
The Passenger Rail Agency of South Africa’s (PRASA’s) Metrorail service will remain a subsidised service following its current multibillion-rand rolling stock, station, depot and signalling upgrade programme. PRASA group CEO Lucky Montana has allayed fears that...
The uncertainties around the remediation of affected areas as addressed in the Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will possibly spark litigation and disputes between landowners and businesses, contractors...
South Africa is currently the largest component of the African Development Bank’s (AfDB’s) active portfolio in Southern Africa, comprising 62.5% of the bank’s $7.9-billion exposure to the 12-country region – the second largest beneficiary is Mauritius, which...