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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

TIA invests R14m to support beef livestock bio-surveillance programme

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State-owned technology incubator the Technology Innovation Agency (TIA) has invested R14-million in TokaBio to support the development of its Molecular Rapid Response and Bio-surveillance Programme. The programme enhances South Africa’s capacity to identify and address livestock diseases, including foot-and-mouth disease (FMD) and avian influenza, which pose risks to the nation's agricultural sector and commodity exports.

Omnia opens analytical services facility for farmers in Stellenbosch

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Chemicals and agricultural solutions group Omnia has opened a new analytical services facility, in Stellenbosch, in the Western Cape, to strengthen scientific support for South African agriculture producers through rapid, accurate and efficient analysis of soil, plant tissue, sap, water and biological samples. In fact, Omnia's technology enables comprehensive soil and plant tissue analysis in just 47 seconds, which reduces overall laboratory turnaround times to about two days.

Azura Power acquires majority stake in Enpower Trading

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African power company Azura Power has acquired a majority stake in renewable energy trading company Enpower Trading, marking Azura’s first investment in South Africa. Azura has not disclosed what stake it now holds in Enpower or how much it has invested in the business to acquire that stake.

ISA releases third construction book with R395bn infrastructure pipeline

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State project coordination organisation Infrastructure South Africa (ISA) has released the third Construction Book, which includes 110 projects across six infrastructure sectors with a combined value of about R395-billion. The Construction Book provides a detailed list of infrastructure projects that have allocated budgets and are expected to enter procurement and construction over the next 12 to 18 months.

Developing countries hit by overlapping crises, UNDP chief warns

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Rising energy costs, a super El Nino and soaring borrowing costs are increasing pressure on developing countries, with conditions nearing those of the pandemic when the G20 suspended debt payments for the poorest nations, the United Nations Development Programme said on Friday. Global policymakers are expected to discuss the huge challenges facing developing countries at the annual meetings of the International Monetary Fund and World Bank in the Thai capital Bangkok from October 12 to 18, UNDP Administrator Alexander De Croo told reporters. He warned events could trigger a "domino effect with many, many countries being pushed into financial distress," but stopped short of calling for a new round of debt relief.
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