CHRIS GILMOUR: Electrifying Africa is the final frontier

The African continent finds itself in the invidious position of having abundant primary energy but lacking electricity for most of its citizens. It is the least developed of all the populated continents, with the fastest-growing population and yet it struggles badly to come even close to electrifying itself. This allows it to export as much energy as it consumes.

Electricity consumed on the continent is mostly used for mining. Africa earns valuable foreign exchange from mineral exports and needs energy for these operations. And cognisant of the need to locally beneficiate metals and minerals that are hauled from the ground, African governments have been keen to entice smelters to locate in their countries. These structures use vast amounts of electricity in the smelting process, and the heavy demand comes from copper, ferrochrome and aluminium.

Source: Energy Industry News (energyindustrynews.net)

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WATCH: Stock picks — Afrimat and bondsIndependent analyst Chris Gilmour and David Shapiro from Sasfin Securities talk to Business Day TV
Source: BDliveSA - 🏆 12. / 63 Read more »

Reiger Park community concerned over electricity theft'Part of the problem is that the City of Ekurhuleni has broken its promise to electrify all informal settlements in the metro.'
Source: TheCitizen_News - 🏆 6. / 75 Read more »

South Africa: South Africa has not committed to fund SAA rescue plan, Mboweni saysJOHANNESBURG, July 21 (Reuters) - The South African government has not committed to fund a restructuring plan for struggling South African Airways (SAA), Finance Minister Tito Mboweni said in court papers seen by Reuters on Tuesday.
Source: dailymaverick - 🏆 3. / 84 Read more »

WHO raises concerns about SA's Covid-19 spike“I am very concerned right now that we are beginning to see an acceleration of disease in Africa,” WHO’s emergencies chief Michael Ryan told a virtual press conference.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

'It's time to change': Kolisi on Black Lives MatterSouth Africa's first black rugby Test captain vowed that the 'time to be scared and to be silent' is over in South Africa.
Source: eNCA - 🏆 49. / 51 Read more »

WHO 'very concerned' as Covid-19 gains momentum in AfricaCountries in Africa need urgent help to build up their health systems as the novel coronavirus has been spreading rapidly in sub-Saharan Africa, a senior WHO official warned.
Source: IOL - 🏆 46. / 51 Read more »