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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

Afreximbank announces initial $8bn funding package for South Africa as a new shareholder

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President Cyril Ramaphosa has overseen the signing of South Africa’s accession to the African Export-Import Bank (Afreximbank) establishment agreement after Parliament approved the move in November last year. As a consequence of the signing, which was executed by Trade, Industry and Competition Minister Parks Tau and witnessed by Ramaphosa on February 4, in Johannesburg, Afreximbank president George Elombi announced that the bank had put together an initial $8-billion funding package for South Africa, geared at supporting the country’s National Development Plan (NDP) and National Industrial Policy Framework.
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