banner

News

SMME Support as of July 2020

What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

SuperUser Account 0 2919 Article rating: 5.0
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

SuperUser Account 0 54225 Article rating: 4.0
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.
RSS

Industry News

IMF chief warns energy shock, growing debt and AI risks threaten global growth

SuperUser Account 0 9 Article rating: No rating
The global economy is under threat from persistently high energy prices, record public debt and risks from the AI investment boom, International Monetary Fund MD Kristalina Georgieva warned on Wednesday, urging governments to implement protective fiscal and monetary policy measures. In a speech previewing IMF and World Bank Annual Meetings next week in Bangkok, Georgieva said the world was being pulled in two directions — a negative energy supply shock from the Middle East conflicts and a positive demand shock from artificial intelligence that is also fuelling inflation. "The combined impact of these two forces is highly uneven across the world," Georgieva said, adding that the AI boom was bypassing many countries.

South Africa drops to 87 in global economic freedom ranking

SuperUser Account 0 11 Article rating: No rating
South Africa has ranked eighty-seventh out of 165 countries and territories in the ‘Economic Freedom of the World: 2026 Annual Report’ (EFW), published by the Free Market Foundation (FMF) in conjunction with Canada’s Fraser Institute. The latest ranking reflects a further decline for South Africa, which previously hovered at eighty-third place, signalling an ongoing erosion of economic liberty.

South Africa drops to 87 in global economic freedom ranking

SuperUser Account 0 8 Article rating: No rating
South Africa has ranked eighty-seventh out of 165 countries and territories in the ‘Economic Freedom of the World: 2026 Annual Report’ (EFW), published by the Free Market Foundation (FMF) in conjunction with Canada’s Fraser Institute. The latest ranking reflects a further decline for South Africa, which previously hovered at eighty-third place, signalling an ongoing erosion of economic liberty.

World Bank raises Africa's 2026 growth forecast, urges AI investments

SuperUser Account 0 10 Article rating: No rating
The World Bank has raised Africa's 2026 economic growth forecast to 4.3%, citing stronger performance across the region, and urged governments to embrace AI to boost productivity and create jobs. The region has weathered a tough global environment, the lender said in its Africa Economic Update report on Tuesday, marked by higher energy prices due to the impact of the Iran war on supply chains. The new growth forecast is up from the 4.1% expected in April. In 2025, the region's economy grew by 4.1%.

World Bank raises Africa's 2026 growth forecast, urges AI investments

SuperUser Account 0 3 Article rating: No rating
The World Bank has raised Africa's 2026 economic growth forecast to 4.3%, citing stronger performance across the region, and urged governments to embrace AI to boost productivity and create jobs. The region has weathered a tough global environment, the lender said in its Africa Economic Update report on Tuesday, marked by higher energy prices due to the impact of the Iran war on supply chains. The new growth forecast is up from the 4.1% expected in April. In 2025, the region's economy grew by 4.1%.
RSS

© AfriCoast Energy (Pty) Ltd

Designed by Gavin Sterley in association with Meropa

Developed by PCW New Media