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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

Coega secures prestigious SEZ of the year award

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The Coega Special Economic Zone (SEZ) has been announced as SEZ of the Year during a gala dinner to celebrate the second International SEZ Conference, held on July 16 and 17, at the Durban International Convention Centre (ICC), in KwaZulu-Natal. In affirming the value of this accolade, the Coega Development Corporation (CDC) says the award highlights Coega’s contribution towards investment attraction, infrastructure development, and inclusive economic growth, particularly in the years following the Covid-19 pandemic.

UK backs $400m AfDB loan for South Africa climate push

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The African Development Bank (AfDB) approved a $400-million loan for South Africa and the facility will be guaranteed by the UK as part of its contribution to a climate finance pact between the continent’s largest economy and some of the world’s richest nations. The AfDB said the loan will be used to fund municipal water and electricity projects in municipalities in South Africa’s eastern province of Mpumalanga, where the bulk of South Africa’s coal mines and its largest power plants are located. Money will be disbursed when municipalities meet service delivery and utility performance targets.
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