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Energy ministers and key players on the African continent say the region is not ready to shift completely from fossil fuel energy. This was echoed by minister after minister during the opening of the inaugural Africa Energy Week conference that started on Tuesday in Cape Town. During his address at the conference that seeks to […]

China and the United States on Wednesday vowed to work together to accelerate climate action this decade, separately announcing a surprise pact on global warming, which is already wreaking disasters across the world. The joint declaration came as the crunch COP26 summit in Glasgow entered its pivotal final days, with negotiators wrestling over ways to […]

Mineral Resources and Energy Minister Gwede Mantashe says African nations should not be coerced into taking missteps by being pressured to rapidly abandon fossil fuels Mantashe’s speech was the first he has made since SA secured a R131 billion deal to phase-out coal at the ongoing COP26 conference Mantashe also criticised global agreements to move […]

Shumba Energy secured the first equity commitments to develop an $80 million solar project in Botswana as part of the coal company’s plan to shift to renewable energy. The company’s green energy unit, Shumba Renewables, received commitments of $950,000 from international investors, Shumba Energy’s MD Mashale Phumaphi said in an interview Tuesday, without disclosing the […]

Rough-diamond production is not expected to return to pre-pandemic levels. The coronavirus forced the mining companies to rethink their production programs and downscale accordingly. However, 2020 was always going to be a tipping point for supply. Global output peaked in 2017 when the Gahcho Kué and Renard mines came onstream in Canada. It has been […]