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After a successful Mining Indaba held in Cape Town the corporation once again exhibited at the Africa Energy Indaba 2017 that took place at the Sandton Convention Centre from the 21 – 22 February 2017 as a silver sponsor under the theme ‘Energy solutions today-Powering tomorrow’.
The Indaba brought together key role players in the power and energy sectors around the globe to debate and exchange solutions on the African power and energy challenges with a specific focus on African power supplies, alternative and renewable energies, oil and gas, energy projects’ financing and investment opportunities.
According to a research by African Development Bank, the continents combined energy demand in order to reach its optimal sufficient power grid requires an estimated 200 GW energy capacity, 130 million new on-grid connections and 75 million new off-grid connections and to provide 150 million households with access to clean cooking solutions.
More than US $50 billion of investment is needed annually to achieve the African continent energy capacity. These brings together great investment opportunities for the economic growth of the continent and the ECIC to effectively carry out its mandate of facilitating export trade for South African exporters of capital goods and services.
ECIC Senior Economist, Tsidiso Disenyana participated on the discussion panel under the topic: “Prospects for growth in the African Energy Sector and are PPPs a vehicle for growth potential”.