ECIC participated at the Africa Energy Indaba 2018 that took place at the Sandton Convention Centre from the 20 – 21 February 2018. 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 for 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 in one of the discussion panels under the topic: “Regional Projects as a means for regional integration, challenges and opportunities”