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SMME Support as of July 2020

What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

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The purpose of this presentation is to provide the information on what the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa.

AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

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Renewable energy engineering firm AfiCoast Engineers SA has announced that a new company,
AfriCoast Energy, will now be responsible for all future renewable energy projects - particulary
wind and solar - while it will also play a key role in guiding AfriCoast Engineers' current
basket of renewable energy projects.
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Industry News

DBSA is working on transmission auction office

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The Development Bank of Southern Africa (DBSA) is negotiating with government ministries to establish an office that will manage auctions of transmission projects, a senior official at the state-owned institution said. The bank wants to build on its creation of the Independent Power Producer Office, which it handed over to the Department of Mineral Resources and Energy, that’s helped to realize utility-scale wind and solar projects, Michael Hillary, the DBSA’s group executive for financing operations, said in an interview.

Adnoc, Aramco said to mull bids for Shell South Africa assets

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Abu Dhabi National Oil and Saudi Arabia’s state oil producer Aramco are among companies weighing bids for Shell’s downstream assets in South Africa, according to people familiar with the matter. South Africa’s Sasol is separately considering an offer for the business, which could be valued at more than $800 million, the people said. Commodity trading giant Trafigura Group’s Puma Energy subsidiary and Glencore are also among potential suitors that may study the assets ahead of a bid deadline in the coming weeks, according to the people.
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