'Rising demand in coal will play a key role in Africa's development'

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‘Rising demand in coal will play a key role in Africa’s development’

Sending failed. It’s possible that the address you are trying to mail is unsubscribed from EWN mailers. Experts said coal remains the most cost effective and available source of energy for developing countries. CAPE TOWN – The Mining Indaba has heard African demand for coal will play a key role in the industry’s future. Anglo American Coal CEO Themba Mkhwanazi was among those who discussed the role of the commodity on the continent yesterday. Slumping coal prices have not affected the commodity’s future prospects in an energy-hungry society. Mkhwanazi said coal remains the most cost effective and available source of energy for developing countries. “We’re seeing in the developing world, for example in Africa, the cement industry is driving demand for electricity.”  He says coal will remain at the forefront of energy supply because of the challenges renewable energy sources face. (Edited by Leeto M Khoza) CAPE TOWN – The Mining Indaba has heard African demand for coal will play a key role in the industry’s future. Anglo American Coal CEO Themba Mkhwanazi was among those who discussed the role of the commodity on the continent yesterday. Slumping coal prices have not affected the commodity’s future prospects in an energy-hungry society. Mkhwanazi said coal remains the most cost effective and available source of energy for developing countries. “We’re seeing in the developing world, for example in Africa, the cement industry is driving demand for electricity.”  He says coal will remain at the forefront of energy supply because of the challenges renewable energy sources face. EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward. However, we will NOT condone the following: – Racism (including offensive comments based on ethnicity and nationality) – Sexism – Homophobia – Religious intolerance – Cyber bullying – Hate speech – Derogatory language – Comments inciting violence. We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section. We strive to make the EWN community a safe and welcoming space for all. EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules. Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines. EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations….
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On February 10, 2016
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