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AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY
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AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

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

Top Africa ports miss refuel gain even as Iran war diverts ships

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African ports are capturing only a fraction of shipping rerouted around the continent’s southern tip after the closure of the Strait of Hormuz, underscoring their limited ability to turn global trade disruptions into gains. Since the chokepoint shut on February 28 due to the US-Israel war with Iran, vessels have rerouted around the Cape of Good Hope as an alternative to a corridor that normally carries about a quarter of the world’s seaborne oil along with large volumes of liquefied natural gas and fertilizers.

SAPVIA urges strategic approach to localisation from solar boom

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There are gaps in South Africa's ability to effectively localise manufacturing and fully capture the economic benefits of the energy transition that is being driven by rapid solar PV expansion, rising electricity tariffs and private sector investment, says industry organisation the South African Photovoltaic Industry Association (SAPVIA). This rapid growth in demand presents opportunities for local manufacturing of certain components, but local manufacturing participation in the solar value chain remains limited. Most high-value components, such as PV modules, inverters and trackers and lithium-ion batteries, are still imported.

Trafigura among three bidders for minority stake in South Africa's Natref oil refinery, sources say

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Global commodities trader Trafigura is among three companies vying for a 36.36% stake in South African petrochemical company Sasol’s Natref refinery, two sources with knowledge of the matter told Reuters. The minority shareholding in the 108 500 barrels per day plant, South Africa's only inland crude oil refinery, is up for sale after British-based Prax Group, which bought the stake from TotalEnergies for an undisclosed sum two years ago, went into administration in 2025.

Steenhuisen unpacks voluntary FMD vaccination scheme, solidifies vaccine pipeline

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With the Department of Agriculture (DoA) having gazetted the Routine Vaccination Scheme on May 4, Agriculture Minister John Steenhuisen announced farmers now have a fast-track option allowing them to take the lead in their own biosecurity efforts without first having to wait for the national rollout of vaccines to reach their area. The scheme was established under Section 10 of the Animal Diseases Act, which followed DoA considering more than 300 submissions in record time to ensure Constitutional compliance with public participation processes.

New-vehicle sales continue to soar, but exports in third monthly decline

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South Africa’s new-vehicle market delivered its strongest April performance in 13 years, with domestic sales rising 13% year-on-year, to 47 979 units. According to data from naamsa | The Automotive Business Council, dealer activity remained the backbone of the market, accounting for 91.1% of total sales, followed by rental sales at 5.1%, corporate fleet sales at 2.2% and sales to government at 1.6%.
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