Mahlako Financial Services Joins Conversations at the 2022 Mining Indaba

 

Mahlako Financial Services will participate at the 2022 Mining Indaba. With this year’s theme focussed on “Evolution of African Mining: Investing in the Energy Transition, Environment, Social and Governance (ESG) and the Economies, Mahlako’s engagement will focus on stakeholder activities around the investment potential presented by just energy transition in the mining sector.

 

Mahlako is no stranger to the opportunities presented by the sector in securing energy supply. The company is well poised for various conversations based on its experience in concluding its investment in the first large scale energy wheeling project to come into operation in South Africa, providing clean energy to Amazon Web Services (AWS) through the Eskom grid. Key to the Mahlako Energy Fund’s investment process is the integration of ESG principles, a topic that will be taking centre stage at this year’s Indaba.

 

With the growing global interest in Green Hydrogen, South Africa is positioning makes it a potential major producer and exporter of green hydrogen. Mahlako is playing its part in unlocking the country’s potential through the development of the Prieska Power Reserve, a catalytic project that will start producing green hydrogen and ammonia by 2025.

 

The Mahlako Team attending will be Co-Founder and Executive Director, Meta Mhlarhi CA(SA); Mitesh Pema CA(SA), Executive Director, and Kaelelo Mashilo CA(SA), Investment Associate.

 

The Fund’s has earmarked projects in the mining sector and aims to make further announcements in this regard.