South Africa Launches State-Backed National Petroleum...
International News
November 19, 2024
South Africa has inaugurated a state-backed National Petroleum Company to spearhead domestic exploration efforts. Led by CEO Godfrey Moagi, the initiative aims to bolster energy security and drive economic growth. Minister of Mineral Resources Gwede Mantashe emphasized the importance of leveraging local resources, while NJ Ayuk, Chairman of the Africa Energy Chamber, praised the move as pivotal for Africa’s energy future.