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Turning risk into resilience – Spotlighting C&I projects tackling South Africa’s (SA) biggest water challenges

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The multifaceted challenges of water management, governance and infrastructure financing were robustly addressed in a dynamic Turning risk into resilience – Spotlighting C&I Projects tackling SA’s biggest water challenges session at the recent Water Security Africa Johannesburg conference (http://apo-opa.co/4hLpIoh), co-located with C&I Energy+Storage Summit, featuring leaders from mining, engineering and digital innovation sectors. Discussions covered visionary planning, on-the-ground implementation and transformative financing tools, yielding fresh perspectives on water security for both private and public operators.

 

Harmony Gold’s roadmap: operational vision for water resiliency

Thigesh Vather, Senior Environment Officer-Water (Sustainable Development Department) Harmony Gold, opened the session by outlining the group’s “water ambition roadmap”—a strategic framework designed to drive improved communication, accountability and performance measurement in water management. With operations across South Africa, Australia and Papua New Guinea, Harmony faces the universal mining challenge: water- and energy-intense production with heightened resource risk.

Their approach targets not only operational efficiency but also sustainability, emphasizing reduction in potable water dependency and elevated recycling rates. Critical investments include installing several reverse osmosis (RO) plants, collectively treating over 20 mega litres daily and offsetting considerable reliance on external supplies. A blend of clear metrics, such as tracking potable water dependency as a percent of total use and a focus on asset lifecycle risk (including mine closure and acquisition impacts) underline a forward-thinking strategy. Notably, from 2016 to 2024, Harmony achieved a substantial decrease in potable water dependency—primarily via recycling and sophisticated RO deployment.

Digital water governance: Innovation meets opportunity

Benoit Le Roux, co-founder of the South African Water Chamber, delivered a compelling presentation detailing the transformative potential of digital tools and market instruments for water governance. He highlighted two central threats: widespread water loss (non-revenue water) and persistent pollution—problems compounded by aging infrastructure and governance gaps.

Le Roux emphasized how digital transformation, using IoT sensors, big data analytics and distributed ledger (blockchain) systems, brings real-time transparency to both water systems and financing. Through tokenisation—the conversion of water savings or mitigation actions into secure, blockchain-based “digital assets”—water performance can be audited, traded and used to attract new investment. This model, proven in the US and Australia, holds promise for countries like South Africa where traditional municipal finances are constrained and require “de-risking” to attract pension funds and bond issuers.

The creation of ring-fenced, project-based entities (special purpose vehicles) ensures investments directly support tangible infrastructure, rather than vanishing into broader government coffers. Transparent digital markets and protocols allow for performance tracking, incentivizing both improved compliance and stakeholder trust.

Bridging Public-Private gaps: Stakeholder engagement and PPP models

The session also saw industry experts from mining and academia raise nuances around operational resilience, regulatory shifts and stakeholder engagement. Thiara Ratshibvumo, Environmental Manager, South Deep Gold Mine discussed the build-own-operate funding model for water plants—a contract structure where private operators build, finance and run assets, while the mine pays for actual water processed. This reduces up-front capital demands and operational risk for the mining company, providing flexibility and resilience in a volatile operating landscape.

Panellists underscored the importance of aligning water management with catchment requirements, climate resilience and community impact—factors that are drawing increasing investor scrutiny. The incorporation of digital performance measurement, contractual guarantees and transparent reporting is equipping the private sector and PPPs to better attract and manage blended infrastructure funding.

Towards a new water investment paradigm

The session’s robust exchange distilled key lessons for water sector leaders: marry technology with transparent governance; build creative, risk-minimized funding models; and prioritize measurable outcomes over rhetoric. As digital tools proliferate, the potential to unlock both local and international capital for resilient water infrastructure is increasingly within reach. Public sector actors, industrial water users and financiers alike were called upon to harness these innovations to meet the evolving challenges of water security and sustainability.

Distributed by APO Group on behalf of VUKA Group

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SLB commissions new fluids systems plant in Pemba to support Mozambique’s offshore energy development

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New facility expands in-country drilling and completion fluids capability, advancing the next phase of SLB’s growth in Mozambique

PEMBA, Mozambique, October 9, 2026/APO Group/ –SLB (NYSE: SLB) (www.SLB.com) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s offshore activity grows and its role as a strategic energy hub for East Africa continues to expand.

The commissioning of the plant, also known as a liquid mud plant, coincides with SLB marking 70 years of operations in Mozambique. It reflects the company’s long-term commitment to investing in people, infrastructure and capability that support the country’s long-term offshore energy development plans.

 




  

With an initial storage capacity of 21,000 barrels, the liquid mud plant provides a scalable platform for future growth, supporting multiple customers and rising offshore activity while improving logistics and enhancing operational flexibility.

As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions

“As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions,” said Miguel Baptista, Central, East and Southern Africa, Managing Director, SLB. The new liquid mud plant strengthens local energy infrastructure, expands opportunities for local content development, and enhances our ability to support customers as they deliver some of Africa’s most significant offshore energy resources.”

The liquid mud plant project was delivered with strong local participation and that momentum is expected to continue into operations. During project delivery, more than 100 jobs were created in Pemba with nationals representing 80% of the workforce, reflecting a focus on building local capability.

The project was delivered with a strong focus on safety, operational integrity, and quality, achieving more than 67,000 hours worked without a recordable safety incident.

This key infrastructure strengthens SLB’s ability to support consistent service quality and enhance supply chain readiness for increasing offshore activity across Mozambique, supporting customers execute safely and efficiently while developing local skills and expertise.

Key Points:

  • SLB has commissioned a new fluids system plant in Pemba, expanding in-country drilling and completion fluids capability for offshore operations.
  • With an initial storage capacity of 21,000 barrels, the facility provides a scalable platform to support growing offshore activity in Mozambique.
  • The investment marks the next phase of SLB’s growth in Mozambique, strengthening local capability and supporting long-term offshore energy development.

Distributed by APO Group on behalf of SLB.

 

 




 

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South African Energy Storage Association (SAESA) welcomes 4,600 MW battery storage prioritisation and calls for integrated energy planning

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Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply

JOHANNESBURG, South Africa, October 9, 2026/APO Group/ –The South African Energy Storage Association (SAESA) (www.SAESA.org.za) welcomes the prioritisation of 4,600 MW of battery energy storage under the first Integrated Resource Plan (IRP) 2025 Section 34 determination.

 




  

The timing is significant. Recent Integrated Energy Plan (IEP) modelling and assumptions discussions highlighted a fundamental shift that South Africa’s energy planning now needs to capture: we cannot plan the future power system by counting megawatts of generation alone.

We must plan for when energy is available, where it is available, how it moves through a constrained grid and how it is stored and dispatched when the system needs it most.

The announcement reinforces that shift. Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply.

For SAESA, the message for the IEP is clear: storage, flexibility and system services must be modelled as integral components of South Africa’s future electricity architecture, with their contribution considered from the outset of generation planning.

“The IEP must plan the power system we are becoming, not simply model the power system we have inherited,” says SAESA.

The IEP must plan the power system we are becoming, not simply model the power system we have inherited

Partnership with C&I Energy + Storage Summit

SAESA is an association partner of the C&I Energy + Storage Summit, created by VUKA Group, taking place on 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

The summit brings together commercial and industrial energy users, project developers, financiers, regulators and solution providers to explore practical approaches to energy security, procurement and storage deployment.

For businesses assessing how storage can support their operations, the event offers an opportunity to meet SAESA and engage with the wider energy community on the decisions shaping South Africa’s evolving electricity system.

Commercial and industrial energy decision-makers are invited to apply to attend as hosted buyers. Qualifying buyers receive complimentary summit access and curated opportunities to engage with industry partners.

 

Meet SAESA at C&I Energy + Storage Summit: Join the Hosted Buyer Programme

The Hosted Buyer Programme connects commercial and industrial energy decision-makers with solution providers shaping South Africa’s evolving private energy market.

Qualified energy buyers receive complimentary access to the summit and curated engagement with industry partners exploring energy procurement, storage deployment and project development.

Apply for the Hosted Buyer Programme (https://apo-opa.co/4ehLijJ)

Distributed by APO Group on behalf of VUKA Group.

 




 

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Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

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Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets

PORT LOUIS, Mauritius, October 8, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’s capacity to generate credible, independent analysis of African credit risk.

 




 
 

Credit ratings play an important role in determining access to capital, influencing investor perceptions and shaping the cost at which governments, institutions and businesses can finance development. It is therefore essential that assessments of African credit risk are independent, rigorous and evidence-based, while reflecting a complete understanding of the structures, institutions and economic realities being assessed.

The establishment of AfCRA adds an important African-led source of credit opinion to the market. Its value will not be measured by whether it produces more favourable ratings, but by the credibility of its analysis, the quality of its data and transparency of its methodology, and its ability to deepen understanding of African sovereigns, sub-sovereigns and corporate credit.

This is particularly important given that many African issuers remain unrated, while local-currency and sub-sovereign markets continue to have limited rating coverage. Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets.

AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans

Alongside fellow members of the Alliance of African Multilateral Financial Institutions (AAMFI), Afreximbank has consistently maintained that African Multilateral Financial Institutions should be assessed on the basis of their fundamentals, performance, legal frameworks, mandates and operating models. Ensuring that these institutional characteristics are properly understood is essential to achieving informed, balanced and credible assessments of African risk.

Commenting on the uniqueness of the African market, and need for AfCRA’s rating methodology to reflect this, Mr Denys Denya, Senior Executive Vice President, Afreximbank, said: “The rating methodology AfCRA develops must recognise the uniqueness of our environment and its institutional structures. The Agency must set its own standards and not follow those set elsewhere — it must build a unique identity that conforms to an ‘African best practice.”

Highlighting the need for the autonomy of the Africa Credit Rating agency as it takes off, Mr Denya added: “Most importantly, AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans. We must all use it, and in return expect a complete assessment of where we (Africa) stand: the strengths the market has ignored, and the weaknesses we still need to fix.”

AfCRA should therefore be seen as complementary to existing international and regional rating agencies, broadening the range of credible analysis available to investors and issuers while strengthening competition, transparency and analytical capacity within Africa’s credit markets.

As Africa seeks to mobilise the scale of capital required for industrialisation, trade, infrastructure and economic transformation, credible African institutions that improve information, strengthen market confidence and deepen the continent’s financial markets will become increasingly important.

Afreximbank congratulates the African Union, the African Peer Review Mechanism (APRM) and all those involved in bringing AfCRA from concept to launch, and looks forward to the contribution the Agency will make to deeper, more transparent and more efficient African capital markets.

Distributed by APO Group on behalf of Afreximbank.

 




 

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