Interview |

Flexible power technologies will make Africa’s energy leapfrogging a reality – Marc Thiriet, Director, Africa, Wartsila Energy

LAGOS (Capital Markets in Africa): Africa’s ability to leapfrog traditional power systems and adopt renewables on a massive scale is not a fantasy. In-depth studies from Wärtsilä have demonstrated that with the adequate support of flexible power technologies, ambitious renewable energy objectives in Africa are not only achievable, they also represent the soundest and cheapest strategy for the successful electrification of the continent. A new power generation paradigm perfectly suited for Africa There has been…

Like it or Not, Coal Still Has an Important Role to Play in South Africa – NJ Ayuk

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JOHANNESBURG (Capital Markets in Africa): In the march to net zero, coal usage is the villain in the story. Industrialized nations demonize coal for its negative environmental effects: Coal combustion releases pollutants linked to smog and respiratory illness, from carbon dioxide and sulphur dioxide to nitrogen oxides to mercury and lead. On the other hand, coal is an abundant fuel source that is inexpensive to produce and convert into energy. Countries around the world continue…

Africa can learn from the Indian rebound – Cheryl Buss, CEO Absa International

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LAGOS (Capital Markets in Africa) -The Indian response to the COVID-19 pandemic could serve as a blueprint for economic recovery for the African continent. While there is a major focus on the Chinese expansion into Africa, there is often less appreciation of the importance India plays in Africa. Countries like Nigeria, Mozambique, Ghana and Tanzania all count India as their single biggest export trading partner while South Africa is India’s largest trade market on the…

Energy sector moves up a gear – Bhavtik Vallabhjee, Head: Power and Renewables, Absa Securities UK

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LONDON (Capital Markets in Africa) – While South Africans are understandably frustrated by the operational issues at Eskom and the impact it is having on business and quality of life, it is important to stop and appreciate that real progress is being made. Let’s be clear: What South Africa has achieved over the past decade is nothing short of remarkable. The transition from a primarily coal-based energy economy was never going to be easy and…

Q & A session with Rupert McCammon, Founder and Managing Director, AFSIC

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In a Q&A session, Rupert McCammon, Founder and Managing Director, Africa Financial Services Investment Conference (AFSIC) provide some insights on what to expect at the AFSIC 20222 edition schedule for October 2022. AFSIC – Investing in Africa is a large scale Event and Expo focused on matching business and investment opportunities in Africa. The event has grown over many years into one of the most important conduits of investment into Africa. What can I expect to…

Making globalisation work for Africa: dream or opportunity?

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An interconnected world Globalization: the interdependence of our world’s economies, cultures, and populations. The reason the pandemic we are living today did not spare any country is due precisely to this wonderful, but at times precarious, modern syndrome. Through the unrestricted movements of goods and people, COVID-19 rapidly reached every corner of the world. Despite being an undeniable mechanism of disease transmission, globalisation nonetheless promotes higher living standards around the world, with access to new…

What the Metaverse Is, Who’s In It and Why It Matters: QuickTake

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LAGOS (Capital Markets in Africa) – The metaverse is a virtual universe that blends aspects of digital technologies including video-conferencing, games like Minecraft or Roblox, cryptocurrencies, email, virtual reality, social media and live-streaming. Quite how these pieces will fit together is a work in progress, but some tech giants already see it as the future of human communication and interaction. It’s “the next frontier,” Mark Zuckerberg said when he changed his company’s name from Facebook…

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