SA seeks deeper Chinese investment to drive N$2.6 trillion energy transformation
South Africa, where Namibia imports most of its electricity, is seeking deeper Chinese investment and long-term industrial partnerships to support a planned transformation of its energy sector that is expected to require more than N$2.6 trillion in investment over the coming decade and beyond.
CHAMWE KAIRA
South Africa, where Namibia imports most of its electricity, is seeking deeper Chinese investment and long-term industrial partnerships to support a planned transformation of its energy sector that is expected to require more than N$2.6 trillion in investment over the coming decade and beyond.
In a message outlining the country’s energy investment strategy, South African minister of electricity and energy Kgosientsho Ramokgopa said the government wants to move beyond a traditional buyer-supplier relationship with China and instead encourage joint investment, local manufacturing, technology transfer and skills development.
