In The Spotlight
Expansion expected to reduce vessel turnaround times by up to 50% and enable simultaneous handling of two Post-Panamax vessels. (Image source: DP World)
Since beginning operations in 2021, DP World has invested more than US$260mn in upgrading and modernising its terminal at the Port of Luanda
Over the past five years, annual container throughput has nearly doubled, rising from 177,000 twenty-foot equivalent units (TEUs) to more than 350,000 TEUs. This growth has been supported by an additional 28,000m² of yard space.
To strengthen its handling capacity, DP World acquired two additional Mobile Harbour Cranes (MHCs) and an extra empty handler this year, increasing its fleet to eight MHCs. The terminal has also expanded its refrigerated container connections, increasing reefer plugs from 630 to 700.
During the inauguration of its new terminal building at the Port of Luanda, DP World announced a further US$90mn investment over the next two years. The funding will support additional infrastructure, equipment and operational improvements. Planned works include extending the quay by 222 metres and expanding the operating area by 10 hectares, raising the terminal’s design capacity to 1.2 million TEUs.
The expansion will also involve the acquisition of three Ship-to-Shore (STS) cranes and 12 semi-automated rubber-tyred gantry (RTG) cranes. These additions will enable the terminal to handle two Post-Panamax vessels simultaneously, strengthening Luanda’s position as a container gateway for Central Africa and a major trade hub in sub-Saharan Africa.
The project is also expected to support local employment and industrialisation, enhance export competitiveness and encourage foreign investment, while facilitating more sustainable regional trade flows.
Mohammed Akoojee, CEO and managing director, Africa, DP World, said, “The expansion of DP World Luanda is an important milestone both for Angola and for the wider region. The ability to handle larger vessels will support new shipping services and strengthen the terminal’s potential as a gateway for West and Central Africa. Our investment will improve the efficiency and sustainability of trade flows, giving customers greater reliability, shorter turnaround times and improved access to global markets, and reinforcing Angola’s prominent role within our regional and global logistics network.”
Paco Pinzon, CEO, DP World Luanda, stated, “Having our concession extended to 2051 demonstrates our long-term commitment to Angola and its future as a leading regional trade gateway. Our continued investments will create a more efficient and competitive experience for our customers, while supporting Angola’s ambitions to strengthen trade connectivity, diversify the economy and become a continental logistics hub. The expansion will benefit the entire logistics ecosystem, and we will continue to create opportunities, strengthen regional connectivity and contribute to sustainable economic growth in Angola.”
Guinea-Conakry is targeting five operational alumina refineries by 2030, with three already under construction, according to Daouda Diakité, senior adviser to Guinea’s minister of mines and geology
He announced the target during a ministerial panel at African Mining Week (AMW) 2026 in Cape Town on Wednesday.
The plan is a key component of Guinea’s Simandou 2040 strategy, which aims to move the country beyond raw mineral exports towards domestic processing and industrial development. Guinea intends to achieve annual alumina production capacity of seven to eight million tons by 2030, supported by investment in steel manufacturing, electricity generation and downstream infrastructure.
“Simandou 2040 is a strategy to shift from being a raw material exporter to developing a strong processing base that can sustain the country’s downstream sector. To achieve this, we are encouraging investment in domestic aluminum and steel production, as well as power projects that can support downstream development.,” he stated.
By building on its substantial bauxite and iron ore reserves, Guinea aims to develop domestic processing capabilities and attract investment in refining facilities, industrial infrastructure and power supply. These developments are intended to strengthen the country’s downstream industries and increase the value generated from its mineral resources.
Diakité also outlined progress towards domestic steel production associated with the Simandou iron ore project, confirming that feasibility work is nearing completion.
“The steel from Simandou has to be processed in Guinea, and we are finishing the feasibility study for that,” he added.
Guinea’s downstream development programme also extends to gold, with work progressing towards establishing a domestic gold refinery.
Uganda is pursuing a similar approach, using mineral processing to support industrialisation and regional trade. Monica Musenero Masanza, minister of energy and mineral development, said the country operates ten gold refineries that serve neighbouring East African markets.
“Rather than every nation enduring the high cost of building refineries, Uganda offers a regional solution. We allow our East African neighbors to bring gold in tax-free for toll processing, and because our operations run on excess renewable energy, the final product is truly green gold,” she stated.
In addition to gold refining, Uganda is developing its capacity to process tin to 99.9% purity and is advancing beneficiation initiatives for iron ore and phosphate. These activities are intended to supply materials for infrastructure projects and agricultural production.
“Uganda’s rapid development requires massive amounts of steel and fertilizer. With 14 companies lined up to produce steel billets from local iron ore and active plans to process our phosphate reserves, we are adding value to our minerals directly to build our infrastructure and fuel our agricultural needs,” Masanza added.
Egypt, meanwhile, is seeking to support Africa’s mineral-producing countries through logistics and infrastructure development. Its plans focus on improving links between mining sites, processing facilities and international markets.
Mohamed Zada, deputy minister for strategic industries, identified potential for cross-border investment in electricity generation, seaports and mineral transportation networks to facilitate the growth of Africa’s downstream industries.
“Egypt’s strategic location makes it a natural logistics hub. By partnering across the continent to build power plants and seaport infrastructure, we can optimize supply chains and bring Africa's finished mineral products to global markets,” he stated.
The developments discussed at AMW 2026 reflect a wider push to expand mineral refining, manufacturing and logistics capabilities across Africa. By investing in these areas, countries aim to retain more value from their mineral resources and create opportunities throughout the continent’s mining value chain.
The EC300 also supports Volvo's Dig Assist technology, which includes real-time weighing, automated digging and 360° Smart View monitoring. (Image source: Volvo CE)
Cloete’s Sand and Stone has become the first company in Southern Africa to operate Volvo Construction Equipment’s new-generation EC300 excavator
Supplied by authorised dealer Babcock, the machine introduces updated fuel-efficiency features, enhanced operator comfort and precision technologies to the Gauteng-based construction aggregates supplier.
The delivery builds on a five-year relationship between Cloete’s Sand and Stone and Babcock. The company already operates six Volvo wheel loaders and five Volvo excavators, with the latest addition extending its investment in the manufacturer’s equipment.
Proven performance drives investment
Operating across Gauteng, Cloete’s Sand and Stone selected the EC300 on the strength of its established experience with Volvo machinery. The introduction of the latest model also marks a significant milestone for the business, which has become the first in the region to put the excavator into operation.
"We've had a solid track record with Volvo in general-so stepping into the latest model made perfect sense," said Wesley Cloete, managing director. "Moving dirt is in my blood, and to be honored with the first EC300 in Africa is a proud moment. It's a privilege I'll value for a long time."
Fuel efficiency and productivity in focus
Fuel consumption remains a key consideration for aggregates businesses seeking to manage operating costs. The EC300 offers up to 15% improved fuel efficiency compared with the previous generation, providing an opportunity to reduce fuel use while maintaining the performance required for demanding earthmoving applications.
"We are constantly monitoring fuel consumption across the business. Not doing so would be detrimental to our bottom line, so it's safe to say fuel efficiency is critical," explained Wesley Cloete.
"I was really impressed with how quick the machine was-it moves like a smaller machine but has the capability of a bigger one."
Operator comfort is another feature of the new excavator. Its redesigned cab is intended to improve the working environment and machine control, with Cloete reporting productivity benefits following its introduction.
"If your staff are more comfortable at work, you will get better productivity-and I can confirm productivity has gone up," Cloete noted.
The EC300 also supports Volvo's Dig Assist technology, which includes real-time weighing, automated digging and 360° Smart View monitoring. These functions provide operators with tools to improve digging accuracy, monitor machine activity and manage high-production work more effectively.
Dealer support strengthens the partnership
Babcock's involvement extended beyond supplying the equipment, with its team providing technical information, pricing and maintenance options during the purchasing process.
"All the relevant information I needed was provided with a quote and options within hours of my request," said Wesley Cloete. "It's still early days with the EC300, but I have trust in the brand and I'm happy with Babcock's backup service."
The delivery also highlights the role of long-term customer relationships in introducing new equipment to the South African construction market. Volvo Construction Equipment views the milestone as part of its wider commitment to bringing its latest technologies to regional customers.
"This delivery represents more than just a machine handover-it demonstrates our commitment to bringing Volvo CE's latest innovations," said Per Lorentzon, commercial manager at Volvo CE. "The Cloete's and Babcock teams exemplify the customer-focused approach that drives everything we do, and we're proud to support their continued growth with technology that delivers measurable value."
The EC300 forms part of a broader range of next-generation excavators available across Africa and the Middle East. The portfolio includes six models developed for applications spanning general construction and quarrying.
For Babcock, the delivery reflects its approach to equipment supply, combining machine selection with ongoing customer support.
"Supplying the EC300 to Cloete's Sand and Stone reflects Babcock's focus on matching customers with the right equipment and backing it with dependable support," said Lance Mannix, head of equipment Sales at Babcock. "Their investment is based on proven performance and trust in a partnership that supports their operation throughout the machine's lifecycle."
-
-
In the final webinar of its African Review-hosted 2023 campaign, Convergent Group explored its modern, eco-friendly concrete solutions for African projects
Such solutions – delivered to cut maintenance costs by eliminating hazardous silicate products – were showcased by company experts in the form of Jean-Claude Biard, SEO of Convergent Group SA; Mputu Schmidt, former CEO of Convergent Group SA and founder of Bondeko MB (exclusive distributor of Convergent Group in Africa); Carlos Garcia, technical and sales for ADI Group (Spanish distributor for Convergent Group); and Amritpal Singh Sura, external consultant for flooring treatments, former distributor of Convergent products in the Middle East.
“A number of projects we were doing in the Middle East required protection,” remarked Sura. “Longevity of protection requires a system which basically impregnates and becomes a densified surface as opposed to something which is topical and lifts off due to moisture migration. I found that being exposed to Convergent, it was important to stay focused on those systems in the Middle East. Jean-Claude, Mputu and I met several times in Dubai and there was emphasis on providing systems which were affordable and still ending up having a robust, lasting longevity of product. So you are not spending money all the time in order to maintain the finishes which you have already paid for.”
Over the course of the session, the participants guided the audience through the potential of cutting-edge lithium silicate technology for enhancing the protection of concrete surfaces, maximising cost-effectiveness and meeting sustainability targets.
-
In a comprehensive webinar hosted by African Review, a panel of professionals associated with Convergent Group explored new generation lithium silicate technology and why it is emerging as the optimum solution for concrete floor protection.
Robert Daniels, editor of African Review, was joined by Jean-Claude Biard, CEO of Convergent Group; Mputu Schmidt, former CEO of Convergent and founder of Bondeko MB, an exclusive distributor of Convergent; Hicham Sofyani, president of Texol; Carlos Garcia, technical and sales for ADI Group; and Marc Puig, commercial manager of Comace Import.
Each providing a unique angle, the panellists combined to provide a masterclass around concrete treatments and the increasing challenges around them, explaining to attendees how to choose the right formula for their requirements and touching on issues such as why lithium densifiers are better than sodium and potassium densifiers.
Throughout the session, those watching were treated to informative case studies showcasing how Convergent eco-friendly products are increasing abrasion resistance, raising ease of maintenance, and ensuring the highest quality gloss retention.
By the end of the webinar, a majority of attendees (many of which had not had much experience with Convergent) expressed their interest in using the company’s new generation lithium silicate technology with the rest indicating their desire to learn more about Convergent and its products. Watch the webinar, in full, to discover why viewers were convinced and learn more about advanced floor care solutions for your operations.
-
Presenting on an African Review-hosted webinar, Martin Provencher, global industry principal for mining, metals and materials at AVEVA, explored the digital transformation of mining operations and its impact on sustainability.
“Sustainability is becoming a key aspect for mining operations,” remarked Provencher. “If we look at the latest EY research on the top ten business risks and opportunities for mining and metals globally in 2023, ESG remains at the top. Of course, most companies have environmental goals or are expected to reach a net zero emission by 2050, which is a pretty aggressive target. Many of them are targeting 30% reduction by 2030; seven years from now. So there is a lot of action that needs to take place quickly to get there. It is possible to get there, but we need to make sure we are doing this correctly.”
Fast becoming a huge part of ESG initiatives is fleet electrification where particular progress is being made in underground mines. While some countries are certainly more advanced than others here, Provencher noted that 40% of total emissions from the mining industry come from diesel trucks, making EVs a very attractive low-hanging fruit for companies to pursue.
There are, however, a number of challenges associated with bringing in electric vehicles which remains a barrier for introduction. One of the predominant reasons, is the limited range of EVs against diesel counterparts. To mitigate this, Provencher continued, data management is key and ensuring a strong grasp of real-time information coming in will show operators when machinery needs to be charged, allowing them to plan effectively for maximum efficiency on site.
Indeed, this is but a small advantage that digitalisation can bring to the mining industry as it grapples to meet ESG goals while achieving production targets. By getting a better grip of their data and using it to empower tools such as artificial intelligence, advanced analytics and machine learning, companies can achieve tangible benefits such as reduce downtime, enhance worker safety, cut operating costs and, of course, ensure compliance with environmental regulations and targets.
Through the course of the webinar, Provencher outlined this in more detail and explored AVEVA’s suite of cutting-edge software solutions, specifically designed to help mining companies make progress on their digitalisation journey and empower their operations.
Watch the full webinar, completed with detailed case studies and an insightful Q&A session.
-
-
-
Convergent, in association with African Review, has held a detailed webinar exploring the usage and effectiveness of lithium silicates and densifiers over traditional methods of concrete surface management which often struggle to meet the increasing challenges posed by concrete surface management.
Convergent experts including Mputu Schmidt, CEO of Convergent; Carlos Garcia, product manager end-user solutions, construction chemicals, Spain and Portugal for the RD Group; Matteo Mozzarelli, CEO of concrete Solutions Italia; and Jean-Claude Biard, global senior executive for the Convergent Group, presented across the session.
Together, they delved into the latest cost-effective application methods for long lasting finishing of concrete that can help reduce maintenance costs and avoid unexpected repair action. In addition, they examined the advancements in technologies that can sustain increased abrasion resistant stains and ensure gloss retention to the highest quality.
As part of the webinar, the representatives explored case studies including a case in DRC where a medical centre had been constructed with a low-quality concrete floor. The customer was considering completely replacing the floor but instead, Convergent put forward a special treatment with its 244+ Pentra-Sil lithium hardener, densifier and sealer. With this solution, Convergent can increase the hardness of a surface by up to 40% and therefore saved the customer significant recuperation costs over a complete replacement. Convergent were happy to report that the solution was perfect for the facility and the customer was pleased to avoid the extra construction work that would have been required for a complete replacement.
Watch the full webinar, including more information about Convergent’s innovative solutions.
The ramp up of on-site solar power facilities in September reduced on-site diesel generator consumption at the Kamoa-Kakula mine site in the Democratic Republic of Congo (DRC) by approximately 40%, Ivanhoe Mines reported in an October update
It follows the extension of Kamoa-Kakula’s on-site hybrid solar power facilities, integrated with battery energy storage (BESS), which are now fully operational, supplying 60 MW of continuous baseload power to mining operations (Ivanhoe Mines expands solar power at Kamoa-Kakula)
“At the end of the second quarter, approximately 50% of on-site diesel consumption was consumed by the on-site back-up diesel-powered generators,” Ivanhoe Mines said in an 8th October update.
It also added that the generators are more reliable than grid power for maintaining pumping operations across the complex.
A huge dewatering operation at the mine site involving multiple submersible pumps from China’s Hefei Hengda Jianghai Pump Co. Ltd, required power from a separate, dedicated 20 MW generator, primarily to minimise disruption risk from the electrical grid.
With the on-site hybrid solar facility now complete, and dewatering activities now at an advanced stage, the reliance on the backup diesel generators is expected to decrease significantly.
The Kamoa-Kakula hybrid solar facility ramped up to full capacity on September 23.
“Compared with July, on-site generator diesel consumption fell by 40% in September,” Ivanhoe Mines reported.
“Diesel consumption is expected to fall further in the fourth quarter.”
Volvo Construction Equipment (Volvo CE) has expanded its crawler excavator portfolio with the launch of the EC130 and EC150 across Africa, the Middle East and Oceania
The new models are designed to help operators improve fuel economy while maintaining productivity, combining positive control hydraulics, intelligent operating modes and fuel-saving functions with the performance and versatility needed for varied jobsite requirements.
Both excavators feature strong digging capabilities, rapid cycle times and simplified maintenance. Their operator-focused design includes an integrated 8-inch Volvo Co-Pilot touchscreen display, bringing key machine functions together in an accessible interface.
“The 13-tonne EC130 and the larger EC150 have been designed around what matters most to our customers — productivity, efficiency, uptime and operator performance,” said Steven Guo, product manager at Volvo CE.
“The result is two machines that make every drop of fuel count while delivering dependable performance, operator comfort and low operating costs,” he adds.
Fuel-saving technology and intelligent hydraulics
Fuel efficiency is central to the design of both models. Volvo's positive control hydraulic system works with the main control valve to supply hydraulic flow according to operating demand. This helps maintain digging power and productivity while limiting unnecessary fuel consumption.
The engine and hydraulic pumps are optimised to match machine output with workload. The EC130 can run at engine speeds as low as 2,000rpm, while the EC150 operates at speeds as low as 2,200rpm. Hydraulic pump flow and pressure adjust continuously to suit changing load and speed requirements. On the EC130, a larger pump than that fitted to the previous generation further supports hydraulic efficiency.
Operators can select from ten work modes to adapt machine response, fuel use and cycle times to specific tasks and site conditions. Automatic engine shut-down and auto-idle functions provide additional opportunities to reduce fuel consumption when full engine output is unnecessary.
Together, these systems are intended to help contractors manage operating expenses while retaining the performance required for demanding excavation work.
Versatility for demanding jobsites
The EC130 and EC150 are built to provide precise control, responsive operation and reliable digging power across a range of applications. The EC150 also accommodates a larger bucket than the previous EC140, allowing operators to handle greater volumes of material with each pass and potentially improve site productivity.
Attachment compatibility extends the machines' application range. Operators can manage attachment settings through a password-protected system on the in-cab display, where hydraulic flow can be configured and stored for up to 20 attachments. This allows frequently used settings to be recalled quickly, helping ensure consistent operation when switching between tasks.
Depending on the attachment and work requirements, operators can choose between one-pump and two-pump flow. X1 constant-flow functionality, including preset options, further supports operation with compatible hydraulic attachments.
These features allow the two excavators to be configured for different jobsite demands while maintaining efficient and controlled performance.
Maintenance designed to maximise uptime
Volvo CE has incorporated extended service intervals and accessible maintenance points into both models to reduce routine servicing demands and help keep equipment available for work.
Engine oil, engine oil filters and fuel filters have replacement intervals of 500 hours. Swing reduction gear oil and the hydraulic oil service filter are scheduled for replacement every 1,000 hours, while the hydraulic oil return filter has a 2,000-hour replacement interval.
Maintenance is further simplified through grouped filters, ground-level service points, quick-drain ports, a swing-out air-conditioning condenser and centralised greasing points. Anti-slip plates and brightly coloured handrails support three-point access to the upper structure from the right-hand side.
The machines also feature durable components, hydraulic hoses designed to minimise leakage and a high-efficiency air filter to protect the engine. These design measures aim to limit wear, reduce maintenance-related downtime and support reliable operation in demanding conditions.
Operator comfort and control
The EC130 and EC150 feature operator environments designed to support comfort, convenience and productivity throughout the working day.
An integrated 8-inch Volvo Co-Pilot touchscreen provides access to essential machine functions and operating settings through an intuitive menu system. This enables operators to adjust configurations to suit the task without navigating unnecessarily complicated controls.
Cab configurations include a choice of seats and joysticks to accommodate operator preferences. Additional features include storage compartments, phone connectivity through the cab display, cup holders, wireless phone charging and USB sockets.
By combining adjustable controls, accessible machine information and everyday convenience features, Volvo CE aims to create a working environment that helps operators remain focused and productive on site.
Volvo Group is poised to capture more of a share in Africa’s mining industry with a new dedicated entity with a focus on the sector
The newly-formed Volvo Mining unit will be officially launched on 1 January, 2027 and hosted within Volvo Construction Equipment (Volvo CE).
It aims to bring together the group’s capabilities and expertise under a single, integrated business structure for the benefit of customers across the global mining industry.
The plan is that Volvo Mining will sell Volvo trucks, construction equipment and autonomous solutions to mining customers and their contractors.
As mining enters a new phase of growth and transformation, Volvo Mining will provide the focus needed to help customers meet increased demand for productivity, safety and resilience, according to Melker Jernberg, president of Volvo CE.
“Mining has been an important part of the Volvo Group for decades, but the industry's growing significance calls for an even greater level of focus,” said Jernberg.
“With Volvo Mining as our centre of expertise, we are combining capabilities from across the group to further enhance customer value in collaboration with our retail partners — this will create new opportunities to strengthen our position in a strategically important and growing segment.”
Backed by dedicated financial resources, Volvo Mining will drive product and service portfolio management for the group’s mining segment globally and take on a coordinating role in the various research projects across the group.
Initially, Volvo Mining will focus on mining customers and contractors in the Nordic region, with a phased expansion into additional markets.
Africa is a key and growing global mining region, producing commodities including platinum group metals, copper, cobalt, gold and manganese.
As demand for critical minerals grows, mining companies are under increasing pressure to boost productivity, improve safety and reduce emissions, creating new opportunities for major equipment suppliers offering integrated solutions.
“Success in the mining industry is built over time. Customers make long-term investments and value trusted partners that combine high performance, operational expertise, and a deep understanding of their business,” said Roger Alm, President Volvo Trucks.
“By creating one organisation focused solely on creating a world-class product and services portfolio for the mining industry, with an end-to-end perspective, we can better leverage the Volvo Group offer in a more seamless approach.”
Mining operations require multiple types of machines and vehicles working together across excavation, hauling, loading, and transportation in demanding and often remote conditions.
As mines continue to focus on improving productivity, reducing emissions, and enhancing safety, the need for integrated solutions is increasing.
“By combining our proven autonomous technology and operational experience with Volvo group’s broader expertise, portfolio and customer relationships, we can provide integrated solutions that also deliver measurable value for mining customers – improving safety, productivity and efficiency across their operations”, added Nils Jaeger, president of Volvo Autonomous Solutions.
US-based boatbuilder Metal Shark is to supply new coast guard vessels for Cameroon
The Louisiana company has been awarded two US Coast Guard Foreign Military Sales (FMS) contracts to produce patrol boats for the maritime forces of Cameroon, as well as the Republic of Georgia.
Each contract includes a Metal Shark 38 Defiant patrol boat, transport trailer, spare-parts package and operator training, with the vessels to be constructed at Metal Shark’s yard in Jeanerette, Louisiana.
“These awards mark Metal Shark’s entry into two new markets while delivering new capabilities that will modernise the maritime fleets of Cameroon and Georgia,” said Metal Shark’s senior vice president of international business development, Henry Irizarry.
The welded-aluminium 38 Defiant is a proven patrol vessel designed to support coastal patrol, maritime interdiction, port security, search and rescue and other security missions.
Initially proven in service with the US Navy and US Coast Guard, the boat now works across 70 countries in Africa and other locations in Asia, Europe, Latin America and the Middle East.
The vessel combines high-speed performance and responsive manoeuvrability with Metal Shark’s signature Defiant-series pilothouse, which provides enhanced visibility and all-weather crew protection, and can be configured with multiple propulsion systems.
Chris Allard, Metal Shark’s CEO, said the awards demonstrate growing international demand for capable, proven and supportable patrol platforms.
“Metal Shark is well positioned to meet that demand, and we remain focused on expanding our global reach, entering new markets, and delivering long-term value to the United States and its partner nations.”
The vessels and associated support packages will help Cameroon strengthen maritime law-enforcement capabilities, protect territorial waters and critical infrastructure, and respond more effectively to any evolving regional security challenges.
Africa has an opportunity to convert geopolitical tensions and shifting global trade patterns into a catalyst for industrialisation and long-term economic resilience, according to a new Afreximbank report
Leveraging Geopolitics for Trade and Industrialisation in Global Africa examines trade and economic developments across the continent and globally, and outlines strategies for African nations to benefit from supply chain realignments and changing geopolitical dynamics.
“Africa stands at a critical juncture,” said Dr Yemi Kale, group chief economist and managing director of research and trade intelligence at Afreximbank.
“Geopolitical tensions and economic fragmentation are reshaping global trade patterns, but they also present a historic opportunity for the continent. By strategically leveraging these shifts, Africa can build a more resilient, competitive and inclusive economic future.”
Despite a challenging global backdrop, the report highlights Africa’s strong recent economic performance.
While global economic growth slowed to 3.4% in 2025 and is projected to ease further to 3.1% in 2026, Africa’s real GDP growth accelerated from 3.4% in 2024 to 4.5% in 2025, outperforming the global average.
Africa’s merchandise trade also expanded by 6.1% to approximately US$1.5 trillion, while aggregate inflation fell significantly from 21.6% in 2024 to 13.1% in 2025.
According to Afreximbank, these gains reflect improved macroeconomic management, ongoing policy reforms and the role of development finance institutions in supporting economic stability.
However, the report warns that significant structural challenges remain.
Africa’s trade finance gap is estimated at approximately US$74bn in 2025, limiting the continent’s ability to fully capitalise on trade and industrial opportunities.
The situation is compounded by foreign exchange constraints and a continued decline in correspondent banking relationships.
The report also notes that evolving shipping routes and persistent disruptions in global logistics networks are increasing freight costs and extending delivery times, particularly for economies dependent on imported inputs and external markets.
To strengthen resilience, Afreximbank identifies accelerated implementation of the African Continental Free Trade Area (AfCFTA), expansion of the Pan-African Payment and Settlement System (PAPSS) and reforms to the global financial architecture as key priorities.
The report notes that stronger industrial ecosystems, increased intra-African trade and sustained financial support will be critical if the continent is to transform geopolitical disruption into sustainable and inclusive economic growth.
“It is imperative for the continent to act decisively to strengthen regional value chains, deepen industrial capacity, expand access to trade finance, and accelerate continental integration,” said Kale, adding that Africa “cannot afford to delay.”
Read more:
Supply chain boost for African businesses
Wang Jiazhong, senior vice president of Yadea Technology Group, pictured with Spiro’s CEO Anant Badjatya (Image source: Spiro)
African mobility group Spiro has signed a partnership with Yadea to scale accessible and sustainable electric transport across the continent
The partnership comes as Spiro accelerates its next phase of growth and expansion across Africa following its latest US$270mn funding round, which included investment from NewTrails Capital, a Chinese fund.
Yadea, founded in China, is the world's leading manufacturer of electric two-wheelers, with more than 100 million vehicles sold worldwide in over 100 countries and 10 exclusive production facilities globally.
Under the agreement, Yadea will supply electric two-wheelers and related EV products tailored to Spiro’s expanding regional markets, while Spiro will integrate the vehicles into its proprietary battery-swapping and energy infrastructure.
The companies will also co-develop customised two-wheeler platforms engineered specifically for local road conditions and commercial utility across Africa.
“Africa’s shift to electric mobility is accelerating and this partnership helps us meet that demand at scale,” said Anant Badjatya, CEO of Spiro.
“By bringing together Yadea’s manufacturing strength with Spiro’s electric mobility ecosystem and operating experience across Africa, we are compressing the timeline to clean transport — helping thousands more riders switch to affordable EVs faster and multiplying our climate impact across the continent.”
Spiro already boasts an operational network and battery-swapping ecosystem across seven countries.
Together, the companies aim to build a scalable, commercially sustainable EV framework serving millions of commercial fleet operators, delivery services, logistics providers, and daily commuters in Africa’s fastest-growing mobility markets.
“Our strategic partnership with Yadea…opens fantastic opportunities to jointly pioneer the next era of electric mobility in emerging markets”, said Gagan Gupta, Spiro’s founder.
Wang Jiazhong, senior vice president of Yadea Technology Group, said Africa represents a huge frontier for zero-emission transport.
“Our mission to reduce carbon emissions has reached a powerful milestone through this partnership with Spiro. Together, we are combining global innovation with local infrastructure to deliver scalable and sustainable mobility solutions that serve millions of riders and transform Africa’s urban transit.”
Read more:
Wartsila renews Mercy Ships service agreements


Trigger IoT- events and automations when scanning a label or a specific volume of labels. Enable home-in applications on tagged assets. Improve just-in-time tracking, automated inventory and cargo control. Strengthen compliance in advanced industrial supply chains. Or link products to their digital passports with RFID. The BradyPrinter i7500 RFID can give any asset, item and product a unique digital identity that can be read from a distance, without needing line of sight. The new RFID printer completes Brady’s quality traceability offer that enables reliable track and trace in any industry, with barcodes and/or RFID.