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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

South Africa drops to 87 in global economic freedom ranking

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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

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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

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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

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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%.
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