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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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World Bank’s South African GDP growth forecast shows local reforms working – GCIS

The World Bank’s outlook projects that GDP growth in South Africa will increase to 1.4% this year and 1.5% in 2027, which reflects the positive impact of continued reform momentum, particularly in the energy and logistics sectors, alongside rising public investment, says the Government Communication and Information System (GCIS). According to the World Bank report, private consumption and private-sector investment are expected to remain the main drivers of growth, supported by ongoing efforts to improve public expenditure efficiency and ease supply-side constraints.

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