westin hotel

Black Industrialists Energy Summit heads to Westin Cape Town in December

The second Black Industrialists Energy Summit will be hosted at the Westin Cape Town Hotel in South Africa’s west coast, on 11-12 December 2018 as part of ‘EnergyWeek South Africa, the organisers said this week.

This meeting takes place alongside the International Gas Cooperation Summit and the Southern Africa Renewable Energy Summit..

Localisation policies have become a permanent factor for energy development in South Africa, with the B-BBEE Codes of Good Practice for the Petroleum and Liquid Fuels Sector forecast to be released later this year.

Within two years of launching the Black Industrialists Programme (BIP) in 2012, 102 industrialists received funding while 48 companies were given assistance with market access.

And as recently as April 2018, the Black Energy Professionals Association was launched to increase ownership and build a base for Africa’s industrialists within the energy sector.

Delegates attending this summit will learn about government strategies to achieve growth, what is expected of BIP participants and how Africa’s industrialists can create value, employment, revenue and innovation across the energy value-chain.

The Cape Town meeting will also update delegates on government’s plans for making the BIP a success and creating an environment where entrepreneurship in the energy sector can thrive.

Image: The luxury Westin Cape Hotel in South Africa. Credit: Booking.com

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