Africa Energy

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Annual figures for Ghana’s nascent hydrocarbons sector – which has spurred a wave of capital spending in the country in recent years – have come in for 2011, bringing with them mixed news. While production levels fell short of expectations, output is expected to rise closer to targets within the next 18 months as technical adjustments begin to pay off.

Chapter | Energy from The Report: South Africa 2012

South Africa’s energy landscape is defined by increasing demand and limited capacity as the country’s energy needs have risen rapidly in recent years. Underinvestment in infrastructure remains a key challenge for the sector. The government has in recent years sought to develop a long-term energy strategy and has launched major efforts to diversify electricity-generating capacity, reduce...

Chapter | Mining from The Report: South Africa 2012

The mining industry has long been a driving force behind South Africa’s economic growth. In 2010 it contributed 18% of GDP, and the country’s total reserves, while diminished, remain some of the world’s most valuable, with an estimated worth of $2.5trn. South Africa is perhaps best known for its gold, diamond and platinum riches but its wealth in other metals and minerals have also helped support...

South Africa lies on the southern tip of Africa, occupying 1.22m sq km with some 2800 km of coastline along the Atlantic and Indian Oceans. The so-called “Rainbow Nation” has a population of around 50.5m and is a melting pot of ethnicities, cultures and languages that reflect its rich and tumultuous history.

In spite of the ongoing uncertainty fed by the still-pending passage of the long-awaited Petroleum Industry Bill, stronger forecasts for offshore production and a renewed focus on processing facilities bode well for Nigeria’s ever-important energy sector.
Encouraged by the rapid development of its nascent oil sector – which began production in record time and helped push GDP growth up to 13.6% in 2011 – Ghana is hoping to cash in equally as quickly on its natural gas reserves but is still navigating the sizeable infrastructural hurdles that need to be overcome in the short term.

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