German minister pursues hydrogen in Namibia, South Africa after Russian gas cut-off | Business

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German Economy Minister Robert Habeck began a five-day trip to Namibia and South Africa Sunday, part of a push to secure new energy resources for Europe’s biggest economy to compensate for the cut-off from Russian gas supplies. | News24_Business

Habeck’s Africa visit is part of a wider German government mission to establish new energy alliances abroad after Russia cut off its gas supplies in September. Habeck has also recently traveled to Canada, Qatar and Norway in an attempt to secure LNG resources.

"A green energy transition, security of supply and reliable value chains are also key issues in Africa," according to Fausi Najjar at Germany Trade & Invest, a government agency that promotes German companies abroad. "In particular, the desire for more diversified supply chains is leading to greater interest on the part of German companies in African markets," Najjar added.

More than 400 German companies, including in the auto, medical technology and energy sectors, operate in South Africa and employ more than 65,000 people, GTAI figures show. South Africa’s share of total German foreign trade with Africa is more than 40%.In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy.

 

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_Business Coal n gas.

_Business Check all the African corruption and incompetence

_Business While they selling us the bullshit idea of climate change, they are snapping up our coal. We have absolute thieves and morons running the show. Have a backbone and use our fossil fuels to build our economy with cheap efficient energy. Get the anc out of the way first.

_Business GermanEmbassySA this you?😬😂🤦🏽‍♂️

_Business Germany buying all our coal, a huge contributor to our critical loadshedding situation. Yet,we are forced to use diesel.

_Business Hope SA will not be giving any discount.

_Business They still haggling about paying Namibia reparations for the genocide they committed there, but they'll come for resources. These Europeans have no shame.

_Business He is here to secure our coal - chrisyelland and nickhedley. 🤷🏾 🤷🏾

_Business You mean as to where to buy more coal?

_Business If we have enough coal for our country which barely keeps lights on why should we sell off to EU countries to keep them rich and prospered? We needs it for ourselves and shouldn't allow our government to be forced to sell simply we own the world bank money.

_Business The EU in overdrive to buy our coal while forcing renewable energy down our throats. All this while SA's 'dirty environmental footprint' is near the bottom of the rankings of the world's chief culprits.

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