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Africa is ‘Not High-Risk Continent for Lending and for Investment,’ SA Deputy Minister Says
Africa is ‘Not High-Risk Continent for Lending and for Investment,’ SA Deputy Minister Says
Sputnik Africa
On the sidelines of the Africa Energy Indaba, South Africa's Deputy Minister of Electricity and Energy, Samantha Jane Graham-Maré, emphasized the importance of... 04.03.2026, Sputnik Africa
2026-03-04T22:23+0100
2026-03-04T22:23+0100
2026-03-04T23:37+0100
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On the sidelines of the Africa Energy Indaba, South Africa's Deputy Minister of Electricity and Energy, Samantha Jane Graham-Maré, emphasized the importance of integrating both public and private sectors to drive energy development.Addressing South Africa’s role as the largest emitter of greenhouse gases in Africa, Graham-Maré stressed the importance of focusing on South Africa’s own decarbonization efforts.The country aims to reach net-zero emissions by 2050 and is expanding its renewable and nuclear energy capacity.On financing Africa's energy transition, Graham-Maré pointed out that the private sector will play a crucial role in unlocking funds. She shared that South Africa is creating a credit guarantee vehicle through the World Bank to manage risk and attract investment.Moreover, Africa is not the high-risk continent it’s often perceived to be, with successful projects like the Rural Education Access Program proving the continent's investment potential, she added.Watch the video to hear Graham-Maré's comment on South Africa's capacity to support regional infrastructure projects and other projects.
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South Africa's Deputy Minister of Electricity and Energy, Samantha Jane Graham-Maré
Sputnik Africa
South Africa's Deputy Minister of Electricity and Energy, Samantha Jane Graham-Maré
2026-03-04T22:23+0100
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south africa, africa, world bank, investment, economy
south africa, africa, world bank, investment, economy
On the sidelines of the Africa Energy Indaba, South Africa's Deputy Minister of Electricity and Energy, Samantha Jane Graham-Maré, emphasized the importance of integrating both public and private sectors to drive energy development.
Addressing South Africa’s role as the largest emitter of greenhouse gases in Africa, Graham-Maré stressed the importance of focusing on South Africa’s own decarbonization efforts.
“We have a lot of work to do on our own country before we start holding other countries to any sort of standard,” she told Sputnik Africa.
The country aims to reach net-zero emissions by 2050 and is expanding its renewable and nuclear energy capacity.
On financing Africa's energy transition, Graham-Maré pointed out that the private sector will play a crucial role in unlocking funds. She shared that South Africa is creating a credit guarantee vehicle through the World Bank to manage risk and attract investment.
“There’s a lot of money on the African continent. We just haven’t yet learned how to leverage that money,” she said.
Moreover, Africa is not the high-risk continent it’s often perceived to be, with successful projects like the Rural Education Access Program proving the continent's investment potential, she added.
Watch the video to hear Graham-Maré's comment on South Africa's capacity to support regional infrastructure projects and other projects.
