South Africa: Ramaphosa gives some hope of progress on procurement

In his State of the Nation address on 13 February, President Cyril Ramaphosa reiterated several of the measures being taken to address South Africa’s power crisis. The speech takes place as Ramaphosa approaches two years in office without having procured any new capacity despite worsening load-shedding, aside from signing agreements with projects already selected in the fourth round of the country’s renewable energy IPP programme (REIPPP) in April 2018.