South Africa requires over R440 billion in the next decade to upgrade and expand its transmission infrastructure, according to Minister of Electricity and Energy, Dr. Kgosientsho Ramokgopa. Speaking at the Africa Energy Indaba in Cape Town, the Minister outlined the country’s urgent need to modernize and extend the grid by 14,000 kilometers, emphasizing the necessity of innovative financing mechanisms beyond the government’s budget and Eskom’s constrained balance sheet.
