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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

Dangote to fund proposed Kenya refinery with cash, bonds and an IPO

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Nigeria's Dangote Group plans to finance a proposed 700 000 bbl/d oil refinery in Kenya through internal cash flow, bonds and an initial public offering, a senior company executive told Reuters. The refinery, East Africa's largest refining project, is expected to take up to three years to build and would supply refined petroleum products to Kenya and neighbouring countries, helping to reduce East Africa's dependence on imported fuels.

UCT scientists have found a stressed geological fault underneath the Karoo Basin

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Earth scientists at the University of Cape Town’s (UCT’s) Department of Geological Sciences have identified a hitherto unknown geological fault underneath the Karoo basin. This fault extends across the Karoo basin, running from west-northwest to east-southeast, at a depth varying from 2 km to 12 km. Moreover, this fault seems to be critically stressed, meaning that it can generate earthquakes. This discovery, published in the “Seismological Research Letters”, was made as a result of a study into a swarm of mainly small earthquakes (although one reached a magnitude of 4.8) located near Leeu Gamka, in the Western Cape province, and which started unexpectedly in 2007. So far, at least 66 of these earthquakes have been detected. These earthquakes were all entirely natural.

Natural gas demand set for contraction this year, as tighter supply impacts prices – IEA

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The world’s gas consumption is forecast to drop for the third time in seven years, even as liquefied natural gas (LNG) supply from producers in other regions helps offset losses in the Middle East, the International Energy Agency’s (IEA’s) gas market report for the third quarter indicates. The impacts of the war in the Middle East continue to reshape the global natural gas market, with tighter supply and elevated prices weighing on demand in key markets.

Opinion: South Africa’s steel debate is still too narrow

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In this article, South African Iron and Steel Institute secretary general Charles Dednam writes that South Africa must look beyond only the volumes of steel being imported into the country and should also consider how much of the country's manufacturing base is being displaced by imported goods made from steel elsewhere?
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