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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

South African factories crater as China imports stunt revival

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South Africa’s manufacturing sector has been in decline for more than three decades. Now, a deluge of cheap Chinese goods, intensified by US President Donald Trump’s tariff war, is putting what remains of its industrial base under renewed pressure. Chinese exports to South Africa have more than doubled since the start of the decade, rising by almost $10-billion in the first eight months of this year compared with the same period six years ago. Among Africa’s major economies, only Nigeria recorded a bigger increase.

Kholo Capital provides R275m mezzanine debt funding to DCC

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South African information and communications technology (ICT) products and solutions distributor DCC Holdings has secured R275-million in mezzanine debt funding from Kholo Capital Mezzanine Debt Fund I. As DCC enters its next phase of growth, the funding will refinance existing debt and support the company’s long-term growth strategy.

Joburg Water depot upgrade to strengthen service delivery

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The Johannesburg Water Depot upgrade in Randburg, being undertaken by the City of Johannesburg’s infrastructure implementing agency, the Johannesburg Development Agency (JDA), is nearing completion, as it enters its final close-out phase. The project, located in Region C, will strengthen the operational capacity required to support reliable service delivery to communities across Region C and parts of Regions B, D and F, as well as enable Johannesburg Water to respond more effectively to community needs and improve the reliability of municipal services across the city.

LHDA to launch Phase II feeder roads, bridges construction programme

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The Lesotho Highlands Development Authority (LHDA) is preparing to launch a significant feeder roads and bridges construction programme comprising 100 km of paved and gravel roads, five pedestrian and three vehicular bridges in the next few months. Part of the Lesotho Highlands Water Project Phase II, the programme will be implemented through multiple contracts packaged to ensure the participation of Lesotho- and South Africa-based firms as joint venture partners, subcontractors, suppliers and staff.

South Africa’s Malben, Egypt’s Elaraby eye automotive components manufacturing partnership

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South African automotive components manufacturer Malben Engineering has signed an agreement with Egypt’s Elaraby Group, opening the way for the possible creation of a new venture to manufacture automotive components in the North African country. The memorandum of understanding was initialled on the sidelines of the Africa Automotive Investment Forum, which took place in Alamein in early October and was attended by key African policymakers, original-equipment manufacturers (OEMs), investors, financiers and industrialists.
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