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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

TUT solar team clinches 2026 Sasol Solar Challenge win

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The Tshwane University of Technology’s (TUT’s) SunChaser 4 has won top honours in the 2026 Sasol Solar Challenge. The local team crossed the finish line first in the eight-day race from Sasolburg to Franschhoek this month, ahead of overseas competitors Solar Energy Racers from Switzerland and Team AgniRath from India.

3.1 GWh now wheeled across Cape Town

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The City of Cape Town’s (CoCT’s) pilot pooled wheeling programme has reached a new milestone, with around 3.1 GWh of electricity now wheeled between participating private generators and customers using the city’s electricity network. This city says the programme is ready to shift into a higher gear as it looks to bring more energy pools, comprised of private generators, traders and customers, into the energy market.

Hyphen’s ambitious Namibia green hydrogen project to receive $5.93m grant from AfDB

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Development finance institution the African Development Bank Group (AfDB) has selected green hydrogen development company Hyphen Hydrogen Energy for a prospective $5.93-million reimbursable grant under the Sustainable Energy Fund for Africa (SEFA) Green Hydrogen Programme. The grant will contribute towards the development of Hyphen's project up to final investment decision (FID). At full development, Hyphen's project in Namibia will comprise about 7 GW of renewable generation capacity and 3 GW of electrolyser capacity.

ASI acquires majority stake in Conekt Group

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Financial services and investment firm ASI Financial Services has acquired a majority stake in Johannesburg-based managed information and communications technology (ICT) provider Conekt Group, which will now trade as ASI Connect. The partnership combines Conekt's more than 30 years of enterprise managed services expertise with ASI's capital resources, national platform and transformation credentials.

Botswana sharply reduces budget deficit forecast on revenue boost from central bank

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Botswana now expects a much smaller budget deficit this fiscal year thanks to higher-than-expected revenue from the central bank and measures to contain spending, Finance Minister Ndaba Gaolathe said on Tuesday. Gaolathe told an investment conference that the projected deficit for the 12 months to the end of March 2027 was P9.26-billion, or 3.1% of gross domestic product (GDP).
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