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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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Ramaphosa calls for 'sustained effort' to bridge SA's investment-to-growth gap

President Cyril Ramaphosa on Monday emphasised that transforming investment pledges into large-scale growth and job creation takes time, noting that achieving the National Development Plan's target to raise gross fixed capital formation (GFCF) to 30% of GDP by 2030 will require “sustained, collective effort and productive” domestic investment. In his weekly letter to the nation, Ramaphosa highlighted that while recent infrastructure summits and the South Africa Investment Conference have yielded massive pledges, a significant gap remains between these promises and implementation.

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