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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

Averi Finance, Mantengu set out to create an enlarged pan-African investment platform

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African investment and advisory firm Averi Finance and JSE-listed mining investment company Mantengu have entered into substantive negotiations for a reverse merger that will create a pan-African investment platform listed on the JSE and provide Mantengu shareholders with direct exposure to Africa’s oil and gas, energy infrastructure and critical minerals opportunities. Under the terms of the proposed transaction, Averi will consolidate its entire asset-backed portfolio into the enlarged Mantengu group in exchange for the issuance of 650-million new Mantengu ordinary shares, giving Averi a 66.7% interest in the expanded listed entity upon completion.
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