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Ramaphosa’s Electricity Reform Marks Turning Point for South Africa’s Energy Future

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1 year ago

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Electricity Regulation Amendment Act

The success of the Electricity Regulation Amendment Act and broader market reforms will be discussed at this year’s African Energy Week: Invest in African Energies conference

CAPE TOWN, South Africa, February 7, 2025/APO Group/ —

South Africa’s energy sector is entering a new phase of reform, with President Cyril Ramaphosa positioning the recently enacted Electricity Regulation Amendment Act as a transformative step toward ending load shedding and ensuring long-term energy security. In his 2025 State of the Nation Address, Ramaphosa underscored the Act’s role in restructuring the country’s electricity market, allowing greater private sector participation and competition in power generation.

The Electricity Regulation Amendment Act, which came into effect on January 1, 2025, sets the foundation for an open electricity market, where multiple entities can generate and sell power. This marks a decisive shift away from Eskom’s historic monopoly, enabling independent power producers to compete, drive efficiency and accelerate energy diversification. President Ramaphosa has emphasized that the Act will not only expand generation capacity, but also mobilize private sector investment in critical infrastructure such as transmission networks, which have long suffered from underinvestment and aging equipment.

The government’s broader Energy Action Plan, launched to address the electricity crisis, has already led to a notable reduction in load shedding over the past year. Investments in strengthening South Africa’s transmission infrastructure are underway to ensure that additional renewable energy projects can be integrated into the grid. Efforts to improve the performance of Eskom’s coal plants have been ramped up, with maintenance programs extending the lifespan of key power stations.

Meanwhile, more than 5,000 MW of renewable capacity has been procured through the Renewable Energy Independent Power Producer Procurement Program, with new solar and wind projects expected to come online in the coming months. Moreover, JUWI recently announced $320 million to develop three solar projects totaling 340 MW in 2025, while Eskom reconnected the second unit of the Koeberg nuclear power plant to boost supply. Large-scale battery energy storage systems are also being rolled out to enhance grid stability – with AMEA Power developing the Gainfar and Boitekong projects of 300 MW each – while gas-to-power solutions are being explored to provide flexible backup capacity.

As South Africa undergoes this market transformation, the upcoming Africa Energy Week (AEW): Invest in African Energies 2025 conference will serve as a crucial platform for engaging investors, policymakers and industry leaders on the country’s energy future. AEW, scheduled for September 29-October 3 in Cape Town, will focus on attracting private capital for energy infrastructure, showcasing opportunities in renewables, natural gas and critical power transmission projects.

With South Africa working to unlock $13 billion in climate finance for its Just Energy Transition, AEW will also provide a forum to discuss strategies for balancing decarbonization with energy security and economic growth. Beyond the domestic landscape, South Africa’s energy transition will shape its role as a regional power supplier. With improved electricity infrastructure, the country could enhance its ability to export power to neighboring nations, further solidifying its position as a key energy player in Africa. As the country moves toward a more sustainable and investor-friendly energy framework, the upcoming months will be critical in determining whether South Africa can finally put the era of load shedding behind it.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Distributed by APO Group on behalf of African Energy Chamber.

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Canada–Africa Financing Forum to Convene Investors and Decision-Makers in Cape Town – May 14, 2026

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9 hours ago

on

April 29, 2026

By

Ateau Zola

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships

TORONTO, Canada, April 29, 2026/APO Group/ –The Canada–Africa Chamber of Business (https://CanadaAfrica.ca) will convene investors, financiers, policymakers, and industry leaders in Cape Town on May 14, 2026 for the Canada–Africa Financing Forum—a high-level platform focused on unlocking capital and accelerating deal flow across African markets.

Registration is open (http://apo-opa.co/4vZN6oV)

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships. The program connects leaders from venture capital, private equity, and institutional investors to examine where capital is moving—and where the next opportunities lie—supported by Canadian project partners with proven capacity to deliver on-the-ground.

Delegates will engage directly with finance and investment decision-makers, following the program opening, featuring messages from President Cyril Ramaphosa and Prime Minister Mark Carney, in addition to high-level Ministerial representation.

This Forum is about capital deployment, not just conversation

“This Forum is about capital deployment, not just conversation,” said Garreth Bloor, President of the Canada–Africa Chamber of Business. “We are convening investors, institutions, and project leaders who are actively shaping transactions across Africa—and connecting them directly with Canadian partners who are ready to work together.”

The Canada–Africa Financing Forum reflects the Chamber’s role as a privately financed, market-led platform advancing Canada-Africa trade and investment through world-class networking and information-sharing events.

Why Attend

  • Direct access to active dealmakers and capital allocators
  • Insights into where capital is being deployed and key players delivering major projects
  • Opportunities to build partnerships across Canada and African markets
  • Participation in a curated, high-level environment focused on execution

Secure Your Place

Space is limited and demand is strong.

Apply to secure your place (http://apo-opa.co/4vXb9oz)

Read More and View the Program (http://apo-opa.co/4vZN6oV)

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

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ORUN and 1xBET Partner to Support a Dynamic Creative Africa

Published

16 hours ago

on

April 29, 2026

By

MIR Holding

During the MASA 2026 edition, held from April 11 to 18, 2026, ORUN and 1xBET implemented the We Champion Talent program, an initiative aimed at promoting African talent and advancing the development of Cultural and Creative Industries (CCIs)

ABIDJAN, Ivory Coast, April 28, 2026/APO Group/ –As part of the Innovation Village co-organized with MASA at the Palais de la Culture in Abidjan from April 14 to 18, ORUN (https://ORUN.Africa) announces the rollout of its partnership with 1xBET to support a creative Africa that is structuring itself, professionalizing, and scaling across the continent.

We aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency

Designed as a space of convergence between heritage, innovation, and knowledge transmission, the Innovation Village features scenography crafted by Ivorian artisans, a program of panels and masterclasses on creative industries, an immersive experience produced by Orun Studios, and a major institutional highlight on April 17. Its narrative platform is built around three pillars: memory, structure, and transmission. The initiative aims to position cultural and creative industries as an economic driver for the continent.

“The Innovation Village was conceived as an act of construction. By partnering with organizations such as 1xBET, we aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency,” said Habyba Thiero, CEO of Africa Currency Network and President of ORUN.

This vision aligns with ORUN’s broader ambition to produce, structure, and internationalize African creative industries through events, content, and strategic partnerships.

Distributed by APO Group on behalf of ORUN, part of African Currency Network (ACN).

 

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MIR Holding Reaffirms Its Commitment to African Creative Industries Alongside ORUN at Marché des Arts du Spectacle Africain d’Abidjan (MASA) 2026

Published

16 hours ago

on

April 29, 2026

By

MIR Holding

More than event support, this partnership reflects a commitment to backing platforms capable of structuring value chains, increasing the visibility of talent, and fostering the emergence of strong African creative infrastructures

ABIDJAN, Ivory Coast, April 28, 2026/APO Group/ –On the occasion of MASA 2026, held from April 11 to 18 in Abidjan, MIR Holding (https://MIRHolding.odoo.com) reaffirmed its commitment to supporting the growth of African creative industries by partnering with ORUN as part of the Innovation Village, hosted at the Palais de la Culture in Abidjan. This presence reflects a clear intention to support the scaling of cultural and creative industries so they can fully contribute to job creation and value generation across the continent.

 

Co-organized by ORUN and MASA, the Innovation Village brought together over several days scenography designed by Ivorian artisans, a program of panels and masterclasses dedicated to creative industries, an immersive experience produced by Orun Studios, and a key institutional highlight on April 17.

At MIR Holding, we believe that Africa’s future will also be shaped by its ability to structure its narratives, its talent, and its creative value chains

Built around three pillars — memory, structure, and transmission — the initiative carried a renewed ambition for culture: positioning it as a concrete lever for economic structuring and African projection.

By supporting this initiative, MIR Holding aligns with a broader dynamic aimed at strengthening connections between creation, entrepreneurship, content, youth, and growth ecosystems. More than event support, this partnership reflects a commitment to backing platforms capable of structuring value chains, increasing the visibility of talent, and fostering the emergence of strong African creative infrastructures. MIR Holding stands among the main partners of the Village, alongside Africa Currency Network and other stakeholders engaged in this vision.

“With ORUN, we are not only seeking to make culture visible. We aim to help provide it with a framework, a reach, and a trajectory. What is at stake here is the continent’s ability to better transform its creative energy into sustainable value, real opportunities, and influence,” said Habyba Thiero, CEO of Africa Currency Network and President of ORUN.

Mouhamed Dieng, President of MIR Holding, added: “Supporting Africa’s creative industries is not about backing a secondary sector. It is about investing in one of the continent’s most powerful spaces for storytelling, youth, innovation, and competitiveness. At MIR Holding, we believe that Africa’s future will also be shaped by its ability to structure its narratives, its talent, and its creative value chains.”

Distributed by APO Group on behalf of MIR Holding.

 

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