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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

Three Tiger Brands facilities on track to achieve zero waste to landfill target

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JSE-listed consumer goods and food company Tiger Brands has reported that three of its manufacturing facilities – the beverages plant and the home and personal care (HPC) plant, in Gauteng, and the Jungle cereals plant, in Cape Town – have achieved zero waste to landfill for three consecutive months. Collectively, the company says the sites have diverted more than 60 t of waste from landfill through improved waste segregation, operational changes, specialised waste treatment and partnerships that enable materials to be recycled, recovered or repurposed.

South Africa's first offshore wind farm delayed as World Bank highlights potential

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The environmental impact study for South Africa's first proposed offshore wind farm along the country's east coast has stalled, pending new technical information from developers, the consultancy appointed to conduct the assessment confirmed on Thursday. The 800 MW Gagasi project offshore Richards Bay was launched in 2022 by GenesisHexicon, a joint venture between Sweden's Hexicon and South Africa's Genesis Eco-Energy Developments.

World Bank Group appoints chief economist

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World Bank Group president Ajay Banga has announced that Nobel laureate Michael Kremer has been appointed World Bank Group chief economist and senior VP for development economics, with effect from October 1, bringing one of the world’s foremost development economists to lead the institution’s research, data and analytical agenda. “I am pleased to welcome Michael to the World Bank Group. He joins us at a time when the world needs bold solutions to its most urgent development challenges, including creating jobs that meet the aspirations of more than 1.2-billion young people reaching working age in the coming decade. “Michael has spent his career not just identifying what works in development but proving it at scale – and that is exactly the kind of thinking we need,” says Banga.

Africa has two airports in the global megahub airports list

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Global aviation data and analytics group OAG has included two African airports in its latest list of the world’s 50 most connected airports (which it describes as “megahubs”). The list was published in its newly released 'Megahubs 2026' report. This compares with three in the Middle East, 16 in Asia (excluding Oceania), four in Latin America, 12 in Europe, and 11 in the US alone. Australia and Canada accounted for one each. The two African airports were South Africa’s OR Tambo International Airport, in Johannesburg, and Ethiopia’s Addis Ababa International Airport. OR Tambo was ranked fortieth, while Addis Ababa came in at fiftieth.

US agency to invest $155m in African digital infrastructure firm WIOCC

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The US International Development Finance Corporation said on Wednesday it would invest up to $155-million in African digital infrastructure provider WIOCC, underscoring Washington's support for projects seen as critical to the expansion of US technology companies. Washington has increasingly backed telecommunications and digital infrastructure projects in Africa as it seeks to provide alternatives to Chinese technology providers like Huawei, including through a $100-million loan to US-owned telecoms operator Africell.
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