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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

ASSAf launches Food Safety Forum to improve nationwide food system safety

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To help address the multifaceted nature of food safety in South Africa and the need to address challenges across the supply chain for improved public health, the Academy of Science of South Africa (ASSAf) has launched the Food Safety Forum. The forum has been established as a coordinated, national effort to safeguard the health of the nation and secure a resilient food future, by fostering multisectoral engagement between government, industry, civil society and academia.

African businesses plot Trump-proof path as confidence builds

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African nations are starting to adjust to Donald Trump’s new world order and investors are taking notice. Since returning to the White House in January, the US president has halted most aid to the world’s least-developed continent and imposed hefty import tariffs on a range of its products. “There are massive opportunities that are presented by the rest of the African continent,” Kenny Fihla, chief executive officer of South African lender Absa Group, said at the summit. The lender is on the lookout for deals outside its home market to build its regional footprint, he added. JPMorgan Chase & Co. is also beefing up its presence, upgrading its license in Nigeria and opening representative offices in Kenya and the Ivory Coast. “I like what we are seeing in this country and other countries in the region,” Vice Chairman Daniel Pinto told the summit, which was held in the leadup to this weekend’s gathering of leaders from the Group of 20 nations — a sentiment echoed by several top executives.

2Africa subsea cable system completed, activated

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The core 2Africa subsea cable system, the first cable to connect East and West Africa in a single, continuous system, linking Africa with the Middle East, South Asia and Europe, has been completed and activated, marking a defining moment for Africa’s digital future. 2Africa, architected and led by Meta in collaboration with partners including Bayobab (MTN Group), Orange, center3, Telecom Egypt, Vodafone Group and WIOCC, is the world’s longest open-access subsea cable system, spanning three continents over 33 countries, connecting three-billion people, including Africa’s 1.4-billion people over the next decade.

Anglo American CEO proffers suggestions for effective collaboration to drive economic growth

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Growing economies in a way that is resilient, sustainable and inclusive requires partnerships, as none of government, business or civil society can solve systemic challenges alone. The was indicated by global miner Anglo American CEO Duncan Wanblad in his speech: 'Navigating Complexity: Building Inclusive Growth in a Fragmented World', on the second day of the Business 20 (B20) Summit.

B20 calls for cooperation to create sustainable jobs in Africa

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Creating jobs and promoting shared prosperity requires cooperation and, by mobilising all resources and acting collectively, the challenge of low employment can be turned into opportunity, engendering an inclusive and sustainable financial future for Africa. This was indicated by World Bank Group member International Finance Corporation (IFC) Africa VP Ethiopis Tafara in his keynote address, delivered on the second day of the Business 20 (B20) Summit, in Sandton, South Africa.
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