Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

Shiba Inu Price Prediction: Is SHIB On Track To Rise 20% In 2025 As Remittix Could Top The Charts With 50x Rises

2025-08-30

XRP Price Prediction; Stellar (XLM) Latest News & How To 50x Your Money In Crypto In 2025

2025-08-30

Building Intelligent Support Systems: The Architecture Behind AI-Powered Customer Service Agents

2025-08-29
Facebook X (Twitter) Instagram
Trending
  • Shiba Inu Price Prediction: Is SHIB On Track To Rise 20% In 2025 As Remittix Could Top The Charts With 50x Rises
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Must Read»Just Energy Transition Must Consider Africa’s Needs – Gwede Mantashe
Must Read

Just Energy Transition Must Consider Africa’s Needs – Gwede Mantashe

AgencyBy Agency2023-03-07Updated:2023-03-09No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Mantashe
Energy Minister, Gwede Mantashe
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Africa must be given the space to transition from high carbon usage to low carbon at a pace and cost that it can afford, says Minister of Mineral Resources and Energy Gwede Mantashe.

The Minister was speaking at the Africa Energy Indaba held in Cape Town on Tuesday.

“Their voice [African people] on the Energy Transition must be heard. That is the voice that says, energy production in Africa must be aligned to Africa’s socio-economic development. This means that there must be a balance between energy demand for socio-economic development and energy supply that is premised on low carbon emissions.

“Differences about the pace, scale and how to balance the transition will always exist, however, as African leaders, we are duty bound to act with determination to resolve the intricate problems that beset our continent without the encirclement pressure to please others first. We must be pragmatic in our approach to a low emissions future,” he said.

Mantashe said Africa’s stance has been to put people at the centre of any transition.

“It is pleasing that Africa is uniting on a principle that the Energy Transition must be people centred, take into consideration the socio-economic conditions of communities that will be affected, and take into consideration Africa’s developmental needs.

“Such a consensus found an expression at the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 26 and 27) resulting in a resolution to phase-down on unabated coal power rather than the view of lobbyists who called for an abrupt phase-out of coal use.

“Recent developments in Europe, China, US and India have vindicated the pragmatic position that African states have taken. Going into COP 28 Africa’s position must continue to be pragmatic as we move from high carbon emissions to a low carbon emissions future.”

Africa’s mineral resources

Mantashe said the continent’s rich endowment with minerals that are suitable for clean energy production could mean a boost for the continent’s economies.

“We believe that it is in the interest of Africa that a rigorous mineral exploration programme is implemented to uncover these unknown deposits in many other countries of our continent. For its part, South Africa continues to mobilise investments in exploration informed by the understanding that it is the lifeblood of mining, which has been the backbone of our economic development for over 150 years.

“Unless we explore, there can be no beneficiating from the mineral reserves that our continent is endowed with,” he said.

The Minister emphasised that with at least 600 million people on the continent lacking electricity supply, it is imperative that Africa be given an opportunity to develop its own energy sources from its own minerals.

“Africa is endowed with resources such as coal, oil and gas which are needed for baseload energy to power our industrialisation. Our continent deserves the opportunity [to] develop its own oil and gas infrastructure storage, refinery, and distribution to cushion its people against the turbulence of global markets and thereby secure its continental energy needs.

“It is incumbent on all of us gathered at this Indaba to align technological innovations with the type of energy sources we can produce. Africa must take full custodianship of its energy and development trajectory and be certain of its outcomes,” he said. – SAnews.gov.za

Africa Eskom Just Energy Transition Load Shedding Minister of Mineral Resources and Energy Gwede Mantashe
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Agency

Related Posts

Eskom Fraudster Sentenced, Ordered To Repay R2.6M

2025-08-29

DFA & Ciena Set 1.6 Tbps World Record On Single Wavelength

2025-08-27

How Will Spaza Market Benefit Users, Traders And SMEs?

2025-08-25

Eskom Offers 291MW Solar PV To Large Power Users In Renewable Push

2025-08-19

Elon Musk’s Starlink Backs BEE Equity Equivalents, Not 30% Ownership

2025-08-18

GoPrinter Review: Take Your Handheld Printing To The Next Level

2025-08-11

Decision To Grant Permission To Eskom To Build New Nuclear Power Station Upheld

2025-08-08

Humans + Machines: Building The Workforce Of The Future

2025-08-07

South African Travel FinTech TurnStay Raises R34M For Africa Expansion

2025-08-05
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

BankservAfrica Rebrands As PayInc

The financial market infrastructure giant BankservAfrica has officially been rebranded to PayInc. The launch, held…

KZN’s First Supercar-Centric Luxury Residential Development Unveiled

2025-08-27

Government Pensions Administration Agency CEO Placed On Precautionary Suspension

2025-08-26

Airtel Africa & Vodacom Forge Landmark Infrastructure Partnership

2025-08-12
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

SA’s Skhokho 2.0 Puts Enterprise AI In SME Hands

2025-08-28

Please Call Me: After 25 Years, Will SCA’s New Bench Silence ConCourt?

2025-08-26

Vodacom Invests R400M To Expand Network In Free State And Northern Cape

2025-08-26

Elon Musk’s Starlink Backs BEE Equity Equivalents, Not 30% Ownership

2025-08-18

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

Shiba Inu Price Prediction: Is SHIB On Track To Rise 20% In 2025 As Remittix Could Top The Charts With 50x Rises

2025-08-30

XRP Price Prediction; Stellar (XLM) Latest News & How To 50x Your Money In Crypto In 2025

2025-08-30

Building Intelligent Support Systems: The Architecture Behind AI-Powered Customer Service Agents

2025-08-29
Recent Posts
  • Shiba Inu Price Prediction: Is SHIB On Track To Rise 20% In 2025 As Remittix Could Top The Charts With 50x Rises
  • XRP Price Prediction; Stellar (XLM) Latest News & How To 50x Your Money In Crypto In 2025
  • Building Intelligent Support Systems: The Architecture Behind AI-Powered Customer Service Agents
  • City of Cape Town Introduces New Fleet Tracking Tech
  • From XRP to ETH : Investors are choosing Quid Miner’s stable income model
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2025 TechFinancials. Designed by TFS Media.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.