10 months ago

African Business 2022 Q1

  • Text
  • Africa
  • Wwwglobalafricanetworkcom
  • Sector
  • Geoscience
  • Renewable
  • Countries
  • Climate
  • Hydrogen
  • Exploration
  • Global
  • Lesotho
  • African
A unique guide to business and investment in Africa. The third issue of African Business marks a departure for this respected guide to business and investment on the continent. The first two journals were published in 2020 and 2021 but as of 2022, African Business is a quarterly journal. Every edition will carry editorial copy that will cover the following general topics, with a wide range of subjects within the broader economic sector: energy; mining and exploration; trade; finance; technology and tourism. In addition to this, special features on topical matters will be published periodically, along with country profiles.


MINERALS EXPLORATION Below: Stratotype section of the Bokkeveld Group at Klipbokkop, Grootrivierhoogte in the Cederberg. Alternating bands of mudstone and sandstone form the basis for stratigraphic subdivision and give the succession its characteristic hogsback topography in outcrop due to differences in lithology. Is there a protocol for countries to extend their EEZs? You can apply for an extension but there are technical considerations. We had to make major compromises because we have had to extrapolate some of the geology. Because we don’t have some answers, we will forfeit part of the plan. For all practical purposes this application could double the size of the country. It has been a subject of adjudication now for five years but there have been substantial delays. How important is the Brulpadda find off Mossel Bay? Two things make it very exciting. For us as geologists it confirms the pre-Gondwana setup. All the major oil- and gas-producing nations are conjoined with this part of our oceanic basin and therefore it was not unexpected. Oil and gas in Namibia, Angola, Brazil, Argentina, Australia – and now the discoveries that are made in Mozambique – it cannot be that this vast ocean will not be blessed with the same. From a geological perspective I think South Africa remains the most attractive in minerals as well as oil and gas frontier nation. If you look at the time that led to that discovery, the time that they spent collecting information and the amount of money they have spent collecting that information leading to that discovery, it was completely insignificant compared to other jurisdictions that are not established oil and gas basins. So that’s number one. Number two, I think it was under President Obama that the US managed to achieve the status of a net exporter of energy which it had never achieved previously. This came after it had duly considered and processed its oil and gas both in shales and elsewhere. For us as a developing nation, I cannot emphasise enough the importance of properly evaluating these prospects and evaluating them in the context of our climate change commitments. I worry about this fundamentalism that has taken a predetermined position that net zero can only be achieved if we move away from hydrocarbons. I have always been under the impression that our intention as humanity is to reduce the amount of carbon dioxide that we have been pumping into the atmosphere. If that is true then surely that cannot only be achieved through one method. South Africa is blessed with a lot of coal and gas and there will We think that we have entered the next boom of exploration and potentially mining and therefore the timing for us to do this work has never been more impeccable. be more that this investment in geology will uncover. I think the biggest mistake we can make that generations after us will never forgive us for, is not optimising the utilisation of the resources that we have responsibly for. This must be done in a manner that balances the exploitation of those resources with environmental stewardship. Is that possible? I think it is absolutely possible. 10

COUNCIL FOR GEOSCIENCE COUNCIL FOR GEOSCIENCE March 2022 November 2020 The Council for Geoscience (CGS) is the national custodian responsible for the collection, compilation and curation of all onshore and offshore geoscience data and information. The CGS aims to use this information and knowledge to develop geoscience solutions The Council to real-world for Geoscience challenges (CGS) in South is the Africa. national custodian responsible for the collection, compilation and curation of all onshore and offshore geoscience data and information. The CGS aims to use this information and knowledge to develop geoscience solutions to real-world challenges in South Africa. MINERALS AND ENERGY The Minerals and Energy theme includes integrated geoscience mapping, which GEOSCIENCE is the core MAPPING function of the CGS. Geoscience This theme mapping is the core aims to attain function a fundamental of the CGS and aims to understanding develop of fundamental South geoscience Africa’s onshore knowledge and offshore using an integrated geology using and an multidisciplinary innovative approach multidisciplinary as approach. well as innovation The that merges theme encompasses several fundamental onshore and offshore geoscience mapping, geoscience economic themes such as geology and geochemistry geology, geotechnical and studies, various geophysical geochemistry, techniques. geophysics and These data are economic integrated geology for mineral towards enabling and South energy Africa’s resources and their minerals and energy mineralising security systems and information socioeconomic growth. to boost sustainable exploration for economic growth. ENGINEERING GEOLOGY AND GEOHAZARDS As the custodian of the national seismological ENGINEERING network, GEOLOGY the CGS monitors AND GEOHAZARDS and maintains a geohazard As the custodian inventory of the national for South Africa. seismological This information network, the is primarily CGS used monitors in developing and maintains effective a and geohazard novel geohazard inventory for mitigation South solutions Africa. This to promote information safe and is primarily judicious used land in developing use. Modern effective artificial and intelligence novel geohazard techniques mitigation are solutions applied for in safe subsidence and mapping judicious land use. seismic Modern hazards artifi characterisation. cial intelligence techniques are applied in subsidence mapping and seismic hazards characterization. WORLD CLASS FACILITIES WORLD CLASS FACILITIES The geoscience functions of the CGS are supported The geoscience by a multifacetted laboratory supported that performs by a multi-faceted functions are laboratory that performs a wide a wide range of analytical services range of analytical services such as petrography, whole rock such as petrography, whole geochemistry, petrophysics, coal rock geochemistry, petrophysics, science and hydrochemistry. In coal science and hydrochemistry. addition, the CGS The manages CGS also a manages a geoscience museum, geoscience library, museum, library, bookshop and bookshop, a national and core national core repository, all of repository which are which used are used by by the scientifi c the community scientific and community and the general public. the general public. WATER AND ENVIRONMENT The CGS WATER carries AND out ENVIRONMENT hydrogeological studies and aquifer modelling. In addition, the organisation carries The CGS carries out hydrogeological studies and aquifer out environmental geoscience research which aims to modelling and is also responsible for environmental geoscience provide sustainable research which solutions aims to to provide monitor sustainable and mitigate solutions the to monitor impact of geology and mitigate and the mining impact activities of geology on and the mining health activities of on the the environment health and of the its environment inhabitants. including its inhabitants. AFRICAN FOOTPRINT AND OTHER AFRICAN COLLABORATIONS FOOTPRINT AND As the OTHER Permanent COLLABORATIONS Secretariat of the Organisation As the permanent of African secretariat Geological of the Surveys Organisation (OAGS), of African the CGS Geological leaves Surveys an impressive (OAGS), the footprint CGS in the has African impressive continent footprint where it in oversees the African and continent carries where out various various geoscience services services in line have with been global rendered standards, in line with international global standards, policy international and governance. policy and In governance. this capacity, The CGS the CGS also also collaborates with with various various academic institutions and and science science councils. around the world. CGS AT WORK • The CGS is undertaking CGS AT WORK an integrated and multidisciplinary geoscience mapping programme across South Africa. • Some recent • projects The CGS under is undertaking this programme integrated include: and multidisciplinary geoscience mapping programme across South Africa. - Multidisciplinary • Some geoenvironmental of the recent projects baseline include: investigations in the southern Karoo into the feasibility of shale gas development. This work has - Multidisciplinary uncovered previously geoenvironmental undefi ned groundwater baseline investigations aquifers. in the Southern Karoo for possible shale gas - Regional soil development, geochemical which sampling uncovered and detailed previously follow-up undefi surveys, ned groundwater particularly aquifers. in the Northern Cape, North West and Mpumalanga - Regional Provinces. soil geochemical sampling and detailed follow-up surveys, particularly within the Northern Cape, - Geothermal energy North West and carbon and Mpumalanga capture and provinces. storage research, aiming to expand South Africa’s current renewable energy mix while decreasing - Geothermal country’s energy and carbon carbon footprint. capture and storage research, which aims to expand the current renewable - Ground stability energy and geotechnical mix of South assessments Africa and decrease for infrastructure the carbon development footprint. in the Northern Cape and Free State Provinces. - Ground stability and geotechnical assessments for infrastructure development in the Northern Cape and Free State Provinces. CONTACT US CONTACT US Our head office is Our located head at: office 280 Pretoria is located Street, at: 280 Pretoria, 0184 Street, I Pretoria, @CGS_RSA 0184 I I @CGS_RSA I I I I I Tel: +27 (0)12 841 Tel: 1911 +27 I (0)12 Email: 841 1911 I Email: I Web: I Web:

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