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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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Poland pledges $1.1bn for African projects

Bank Gospodarstwa Krajowego (BGK), Poland’s State development bank, has confirmed an allocated financing facility exceeding $1.1-billion, earmarked specifically for trade, joint ventures (JVs) and infrastructure projects across sub-Saharan Africa. A quarter of that allocation, or about $250-million, is targeted directly at South African ventures. The ‘Team Poland’ initiative brings together six sSate institutions – BGK, the Polish Investment and Trade Agency (PAIH), the Polish Development Fund and export credit insurer KUKE, among others – to provide financing, risk underwriting and market advisory for international expansion.

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