In recent years Cape Town has gained a reputation as one of Africa’s leading green economy hubs. According to the City`s James Vos, this is a green technology sector that is ripe with potential and, through our partnerships with bodies such as the South African Renewable Energy Business Incubator (SAREBI), Cape Town is leading the way in realising opportunities in this sector.
Experts believe that green energy production and storage is expected to become a cornerstone of the future energy services market. In addition to being a source of jobs and economic growth, with some of the most sustained sunlight in the world and ideal wind power potential, renewable energy is the solution to South Africa’s incessant power woes.
The City has several partnerships with industry bodies tasked with providing greentech skills-ready training to local entrepreneurs and communities across the metro.
SAREBI receives funding from the City via its Enterprise and Investment Department to facilitate development programmes for Cape Town-based entrepreneurs. In the last year, attendees received business improvement coaching specifically geared for the demands of the greentech industry.
These workshops have already made a visible positive impact because most of the entrepreneurs grew their businesses and employed more people after applying their new skills