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The Africa Daily Post > Business > Energy > Eswatini Private Sector Takes Center Stage at Africa Energy Indaba
BusinessEnergyNews

Eswatini Private Sector Takes Center Stage at Africa Energy Indaba

Adekunle Owolabi
By Adekunle Owolabi Published March 8, 2024 2 Min Read
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Cape Town, South Africa – Eswatini’s private sector is stepping up its fight against the country’s long-standing energy deficit, with a strong showing at the recent Africa Energy Indaba held in Cape Town. The European Union (EU) played a pivotal role in facilitating the participation of Eswatini’s delegation, which comprised key industry players, energy associations, and Business Eswatini, the country’s leading business membership organization.

This participation marks a significant step forward in Eswatini’s quest for energy independence. The Indaba, known as the continent’s biggest platform for renewable energy projects, provided a critical opportunity for Eswatini’s private sector to connect with potential partners, explore innovative solutions, and contribute to shaping Africa’s energy future.

Eswatini has historically grappled with a substantial energy deficit, relying heavily on electricity imports from South Africa and neighboring countries. This dependence has burdened the country’s finances and limited its ability to meet the growing demand from businesses and households.

“Business Eswatini, along with our partners like the EU, has been a strong advocate for private sector involvement in developing solutions for Eswatini’s energy challenges,” said the CEO of Business Eswatini. “We are incredibly grateful to the EU, particularly GIZ and GET.invest, for sponsoring this initiative and ensuring a well-rounded delegation that reflects the diversity of our energy sector.”

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The EU’s support extended beyond facilitating attendance. It also ensured that the Eswatini delegation boasted balanced representation across different sectors and included both male and female participants. This focus on inclusivity strengthens Eswatini’s efforts to develop a comprehensive and sustainable energy strategy.

“While we are encouraged by the plans outlined by the Eswatini Electricity Company (EEC),” the CEO continued, “private sector involvement is crucial through Independent Power Producers (IPPs) to truly address the country’s energy needs.”

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Adekunle Owolabi
By Adekunle Owolabi
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Adekunle, a seasoned journalist renowned for his astute coverage of global affairs, has honed his craft across diverse newsrooms in Lagos, Johannesburg, and Abu Dhabi. Adept at navigating the complexities of political and international diplomacy, he consistently delivers insightful analysis and accurate reporting, earning him recognition as a trusted voice in the field
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