economy
January 22, 2026
South Africa pushes for renewable energy investment
President Cyril Ramaphosa says Africa has the resources, including the sun, to generate power for 600 million people without electricity
TL;DR
- Africa possesses abundant sun, wind, and river resources for energy generation, capable of powering millions without electricity.
- President Ramaphosa is encouraging investment in renewable energy and infrastructure development on the continent.
- Africa has the potential to become a major exporter of energy and a hub for green hydrogen production.
- The continent should beneficiate its mineral resources for energy generation rather than exporting raw materials.
- Climate action and economic growth are seen as complementary, not conflicting, goals.
- Embracing clean energies can lead to new technologies and sub-sectors within the economy.
- South Africa aims to promote its investment pipeline and attract potential investors from the UAE.
- The UAE possesses vast wealth and potential to drive investment in Africa, particularly in energy sectors.
- South Africa's strategic location and mineral reserves (like platinum) are highlighted as key assets.
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