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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

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AfDB launches up to $5.1bn plan for African countries facing energy, fertiliser shocks

The African Development Bank (AfDB) Group’s Board of Directors has approved its new initiative, the Global Energy and Fertiliser Crisis Response Framework (GEFCRF), to ease the impact on African countries of the current global energy and fertiliser crisis. This crisis has been triggered by the ongoing crisis in the Middle East. The GEFCRF was based on the AfDB’s successful Covid-19 Response Facility and its African Emergency Food Production Facility. “This framework is about listening and responding to the urgent needs of African countries, helping them protect households and vulnerable populations, keep food, fertiliser and energy systems functioning, and preserve hard-won development gains while building greater resilience for the future,” explained AfDB Group acting VP for Country and Regional Operations Abdul Kamara. “A crisis response must do more than cushion the shock. It must make countries stronger. That is exactly what this framework aims to achieve.”

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