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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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UK extends $1bn climate-pact guarantee to South Africa

The UK and the African Development Bank extended a climate-linked $1-billion debt guarantee to South Africa, saving a $400-million municipal funding deal that was in jeopardy if it had expired. The guarantee, part of a $10-billion climate-finance pact between South Africa and some of the world’s richest nations, was due to expire at the end of last year. The pact is known as the Just Energy Transition Partnership.

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