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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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African businesses plot Trump-proof path as confidence builds

African nations are starting to adjust to Donald Trump’s new world order and investors are taking notice. Since returning to the White House in January, the US president has halted most aid to the world’s least-developed continent and imposed hefty import tariffs on a range of its products. “There are massive opportunities that are presented by the rest of the African continent,” Kenny Fihla, chief executive officer of South African lender Absa Group, said at the summit. The lender is on the lookout for deals outside its home market to build its regional footprint, he added. JPMorgan Chase & Co. is also beefing up its presence, upgrading its license in Nigeria and opening representative offices in Kenya and the Ivory Coast. “I like what we are seeing in this country and other countries in the region,” Vice Chairman Daniel Pinto told the summit, which was held in the leadup to this weekend’s gathering of leaders from the Group of 20 nations — a sentiment echoed by several top executives.

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