South Africa: Minister May Benefit From Lesotho’s R100-Billion Ai and Hydropower Deal

Public works minister Matjato Moteane is a shareholder in a local firm the government plans to invite to participate

• Lesotho has signed a US$6.2-billion agreement with US-based Convalt Energy to build a hydropower plant and AI data centre.
• Sekhametsi Investment Consortium is among the local firms the energy minister has named as potential local partners in the project.
• Public Works Minister Matjato Moteane, who has faced previous allegations of conflict of interest, is a shareholder in…