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Kim Cloete

World Bank cautions African utilities against mounting debt

17th May 2017 A survey undertaken by the World Bank has shown that less than half of the utilities in sub-Saharan Africa are able to cover their operating expenditures and that several countries lose in excess of $0.25 for every kilowatt-hour that gets sold.  The sobering assessment of the financial health of... 

Certainty needed to drive energy projects in Africa

16th May 2017 Private sector players have called on African governments to be reliable and predictable in their energy policies and programmes. "Investors want to know that the rules won’t change in the middle of a project,” Power Africa coordinator Andrew Herscowitz told delegates at Africa Utility Week on... 

Absence of Eskom CEO rattles opening of African Utility Week

16th May 2017 Despite great anticipation ahead of his address, reinstated Eskom CEO Brian Molefe did not open the annual African Utility Week, in Cape Town, as planned. The CEO was scheduled to be the keynote speaker at the opening plenary, attended by several thousand energy and water experts, but pulled out... 

BlueNova launches production facility as lithium battery bug bites in South Africa

12th May 2017 Energy storage solutions company Blue Nova has launched a new production facility in Somerset West, near Cape Town, to keep up with rising demand for lithium-iron-yttrium-phosphate (LiFeYPO4) batteries. Lithium-ion batteries, of which LiFeYPO4 batteries are a type, are seen as an excellent... 

Africa more costly than any other region for developing infrastructure projects

9th May 2017 A benchmarking survey has shown that developing infrastructure projects in Africa is more difficult and costly than in any other developing country region.  The Benchmark for Investing in African Infrastructure Project Development (I4PD Benchmark) said the risk premium attached to African... 

Calls to work together to strengthen infrastructure delivery in Africa

9th May 2017 Consulting engineering firms have been encouraged to form intra and inter-regional partnerships to work on infrastructure projects across the African continent. Kofi Asare-Yeboah, the chairperson of the Group of African Member Associations (Gama) of the International Federation of Consulting... 

Water shortages sound a warning to city planners

8th May 2017 The extremely worrying water shortage in Cape Town is an indication that climate change is an issue that can simply not be ignored by engineers and city planners, Cape Town mayor Patricia de Lille has told consulting engineers in Cape Town. She told the International Federation of Consulting... 

BlueNova launches production facility as lithium battery bug bites in South Africa

24th April 2017 Energy storage solutions company Blue Nova has launched a new production facility in Somerset West, near Cape Town, to keep up with rising demand for lithium-iron-yttrium-phosphate (LiFeYPO4) batteries. Lithium-ion batteries, of which LiFeYPO4 batteries are a type, are seen as an excellent... 

Expect more oil price volatility over the coming months

31st March 2017 A continuing massive stock overhang could contribute to more volatility in the oil price over the coming months, says energy and commodities company Vitol global analyst Simon Warren. He told delegates at the yearly conference of the African Refiners Association (ARA), in Cape Town, that despite... 

African refiners commit to producing cleaner fuels

31st March 2017 Although Africa’s oil refining industry will need significant investments to adapt to the move by industry and the automotive sector to cleaner fuels, companies say they are committed to the change. “The impact will touch all sides of the industry, starting with refining and marketing. It will... 

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