Speaking on the opening day of the 5th annual African Energy Week 2025 at the Cape Town International Convention Centre, Moagi warned against complacency, citing South Africa’s electricity struggles as a lesson for the broader continent.
“SA went through a difficult time with electricity, and what we cannot afford is actually going into fuel shedding. We need to avoid it. Africa and SA are energy-hungry. We’ve got big opportunities coming our way, and we cannot lose that,” he said.
Moagi argued that Africa offers attractive investment potential, pointing to a diversified economy, progressive markets, and emerging growth sectors. He emphasised that unlocking Africa’s energy future will require collaboration between governments, private sector players, and international partners to ensure long-term sustainability.
The four-day conference brings together policymakers, investors, and industry leaders to shape solutions for Africa’s energy transition while ensuring energy security for its growing population.
–SABC–
