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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

SWISS launches new Airbus A350, enhanced cabin on Johannesburg route

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Swiss International Air Lines (SWISS), part of the Lufthansa Group, has launched SWISS Senses, its new long-haul travel experience, in South Africa. Since October 25, the airline’s Airbus A350-900, featuring the new SWISS Senses cabin, has operated a daily flight between Johannesburg and Zurich, replacing the Airbus A340-300 on the route.

DP World, Motus Community Trust opens 100th school library

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Corporate social responsibility partnership the DP World and Motus Community Trust has opened its one-hundredth school library at Katlehong Primary School, in Gauteng, on October 27, marking a milestone in a literacy programme that has benefited more than 230 000 learners and currently reaches 125 000 learners daily. The milestone comes as South Africa continues to grapple with foundational literacy challenges. The Department of Basic Education’s Funda Uphumelele National Survey, released in November 2025, found that 15% of Grade 3 learners could not read a single word, the trust reported.

R850m Menlyn Park Apartments development advances

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The transformation of the former Menlyn Office Park, in Gauteng, is gathering pace, with the R850-million Menlyn Park Apartments development set to introduce 1 200 rental homes alongside Menlyn Park Shopping Centre, further strengthening the evolution of the broader Menlyn precinct. Affordable rental housing company Divercity Urban Property Group and property company Pareto are undertaking the development as consortium partners.

AFC, Munich Re launch $1bn programme to support African trade

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African private sector infrastructure investment catalyst group, Africa Finance Corporation (AFC) and Germany-based global reinsurance, primary insurance and insurance-related risk specialist group Munich Re have announced that they have jointly created a $1-billion Unfunded Managed Debt Mobilisation Programme (UMDMP). The UMDMP ensures committed support for AFC’s loans to African financial institutions, intended for trade finance. AFC and Munich Re have been working together since 2018, but hitherto it was a case of Munich Re sharing the risk, one deal at a time. A number of transactions have since been completed, including two this year. But the UMDMP replaced the previous deal-by-deal approach with a standing programme. The two institutions have agreed the risk parameters and limits upfront, meaning that Munich Re now automatically takes a share in eligible AFC transactions, while AFC retains part of the risk, in every case. Thus, both their interests are aligned.
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