Africa Investment Forum: How Africa’s richest province plans to turn waste into energy
Soon we will be turning our waste into energy firing industry from electricity. One of the projects discussed is a waste to energy plant in Gauteng Africa’s richest province that was discussed by Ernest Mahlaule, Chairman of the GGDA.
Wed, 13 Nov 2019 14:22:48 GMT
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AI Generated Summary
- Conversion of waste into energy and creation of eco-friendly infrastructure drive sustainable practices in Howten.
- Infrastructure development projects, including railway expansion and eco city initiatives, aim to enhance connectivity and promote green living.
- Support for entrepreneurs and SMEs through funding opportunities and regulatory reforms underscores Howten's commitment to inclusive economic growth.
Johannesburg, South Africa - Africa's wealthiest province, Howten, is embarking on ambitious sustainability projects aimed at converting waste into energy and creating eco-friendly infrastructure to drive economic growth and address societal challenges. One of the significant deals presented recently is a $12 billion waste to energy project in Ekerlani and Tuan, cities in South Africa. The initiative aims to balance the country's energy mix by converting solid waste into energy, thus extending the lifespan of landfills and promoting sustainable energy solutions. Various companies, including breweries and households, are expected to participate in this venture, turning waste into a profitable resource.
The Africa International Food Market and the eco city in KZR are additional projects on the horizon, highlighting the province's commitment to sustainability and self-sufficiency. The eco city, spanning 3000 hectares, will operate on renewable energy sources, with electric cars being the only mode of transportation allowed within its premises. This innovative approach towards urban development underscores Howten's dedication to creating a green and self-contained environment for its residents.
Moreover, plans for infrastructure expansion, such as building a railway to Lanseria Airport and extending the Haudres transport network, are underway to improve connectivity and alleviate congestion. These strategic developments signal a holistic approach towards enhancing mobility and fostering economic progress in the region.
In light of these initiatives, the Africa SME Champions Forum, currently taking place in Santon, aims to support entrepreneurs and small businesses by providing access to funding and addressing regulatory barriers. Recognizing the challenges faced by SMEs, the Howten Growth and Development Agency, in collaboration with financial institutions, is working towards facilitating a conducive environment for business growth and job creation. The ratification of the Continental Free Trade Agreement further emphasizes the need to harmonize policies and streamline business operations to enable SMEs to thrive.
Ernest McLeodly, a key figure in Howten's growth agenda, emphasizes the importance of intervention to break the cycle of economic stagnation and promote inclusive growth. By leveraging partnerships and fostering an enabling ecosystem for entrepreneurs, Howten aims to empower small businesses and address unemployment challenges effectively.
As the province continues its journey towards sustainability and economic prosperity, stakeholders are optimistic about the transformative impact of these projects on the local community and the broader African continent. With a focus on fostering innovation, sustainability, and entrepreneurship, Howten is poised to lead the way in driving growth and development in the region.