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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 FinTech making Cape Town its number two tech hub

Western Cape trade, tourism and investment agency Wesgro has highlighted that UK-based FinTech enterprise, the ClearScore Group, has decided to make Cape Town its second major tech hub outside of London. Consequently, it is expanding its operations in the Mother City, and over the next 12 to 18 months will increase its staff complement in Cape Town to some 120. “South Africa, and Cape Town in particular, has been an important part of the ClearScore growth journey for many years. Cape Town is the first place we opened an office outside the UK, and it has played a central role in our success ever since,” highlighted ClearScore co-founder and CEO Justin Basini. “The depth of engineering, product and design talent in the city makes it the right place to build. This investment reflects our long-term confidence in Cape Town and South Africa.”

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