Western Cape - Tech Hub of South Africa drawing massive investments

Western Cape - Tech Hub of South Africa drawing massive investments

South Africa
The Western Cape region of South Africa received billions in foreign investment between 2011 and 2021, according to the opposition Democratic Alliance (DA) party.
Green Hydrogen - South Africa foresees massive exports to the EU

Green Hydrogen - South Africa foresees massive exports to the EU

Energy
South Africa is planning to export green hydrogen on a large scale. President Ramaphosa said that to achieve this, a project called Boegoebaai is being developed in the Northern Cape province by energy company Sasol in collaboration with the Industrial Development Corporation.
South Africa – Government to increase spending on Infrastructure development

South Africa – Government to increase spending on Infrastructure development

Infrastructure
According to South Africa’s finance minister Enoch Gondongwana, the National Treasury is set to spend R 812 billion on public infrastructure projects such as roads, bridges and other major projects over the next 3 years.
Private Labeling South Africa – Great opportunities for exporters

Private Labeling South Africa – Great opportunities for exporters

Export
Private labeling within South Africa’s FMCG retail sector was historically driven by corporate retailers and embraced by South African shoppers. Ho...
Helium production - South Africa’s first helium plant

Helium production - South Africa’s first helium plant

Energy
After recent helium discoveries in the Free State province, the once largest gold mining complex in South Africa, the country is set to become one of just eight worldwide liquid helium producers.
Cross-border payments Africa - Pan-African Payments and Settlement System

Cross-border payments Africa - Pan-African Payments and Settlement System

AfCFTA
In January 2022, the Pan-African Payments and Settlement System (short PAPSS) was formally launched. PAPSS originated from a joint initiative of the African Continental Free Trade Area (AfCFTA) Secretariat, the African Export-Import Bank and the African Union (AU), is headquartered in Cairo, Egypt and is administered by the African Central Banks.
South Africa lifts license rules for Private Power Generators

South Africa lifts license rules for Private Power Generators

Energy
To combat the country's energy crisis, South Africa's President Cyril Ramaphosa announced the lifting of private power generation thresholds, making it easier for private companies to build private power plants of any size and sell it to the national grid
Infrastructure development of South African ports Mossel Bay, Saldanha and Cape Town

Infrastructure development of South African ports Mossel Bay, Saldanha and Cape Town

Infrastructure
As part of an investment programme, the Transnet National Ports Authority (TNPA) has announced that it will invest ZAR 16.1 billion (approx. € 920.5 million) in the South African ports of Mossel Bay, Saldanha and Cape Town.
South Africa - First two private 100MW generation projects approved

South Africa - First two private 100MW generation projects approved

Energy
In June 2021, South Africa’s president Cyril Ramaphosa announced that South Africa’s private electricity production threshold was increased to combat the country’s electricity shortage.
Renewable Energies South Africa - Eskom to finalise battery storage project

Renewable Energies South Africa - Eskom to finalise battery storage project

Energy
South Africa’s public electricity utility Eskom is currently in talks with suppliers to provide around 1.4GWh of battery energy storage. On Thursday, 12th of May, it was revealed by Eskom during its State of the System briefing, that..