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'Perceived African Risk' Has Become Profitable 'Extractive Layer' That Burdens Citizens: South African Energy Minister

'Perceived African Risk' Has Become Profitable 'Extractive Layer' That Burdens Citizens: South African Energy Minister

Sputnik Africa

'Perceived African Risk' Has Become Profitable 'Extractive Layer' That Burdens Citizens: South African Energy Minister Africa pays extra... 03.03.2026, Sputnik Africa

2026-03-03T18:48+0100

2026-03-03T18:48+0100

2026-03-03T19:04+0100

sputnik africa

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'Perceived African Risk' Has Become Profitable 'Extractive Layer' That Burdens Citizens: South African Energy Minister Africa pays extra costs due to unfair risk perceptions—before a single project is even built, Dr. Kgosientsho Ramokgopa stated at the Africa Energy Indaba Week in Cape Town.Key points from the minister:🟠The Cost of Perception: Africa pays a "risk premium" that exceeds real volatility. This extra cost burdens citizens with higher electricity tariffs and slows industrial growth.🟠Transmission as Opportunity: Grid capacity is the energy transition's biggest challenge—and biggest opportunity. Power lines shape economies, enable cross-border trade, and ensure stability.🟠South Africa's Response: After years of power cuts, South Africa is building new transmission projects with private capital while keeping public control. The 2025 plan targets 105+ GW of new capacity by 2029.Subscribe to @sputnik_africa Sputnik Africa | X

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