In The Spotlight
The Nelson Mandela Bay Business Chamber has welcomed the official opening of EBOR’s new manufacturing facility in Kariega, describing the development as a significant boost for the region’s industrial landscape and its position as the Bay of Opportunity and a leading manufacturing hub in South Africa
The investment by EBOR, an established automotive component manufacturer specialising in plastic moulded parts and assemblies, demonstrates continued confidence in Nelson Mandela Bay’s manufacturing capabilities and future growth potential. The new advanced facility expands local production capacity, strengthens the automotive supply chain, and contributes to the preservation and creation of sustainable employment opportunities within a key economic sector.
Covering 8,000 sq m, the Kariega facility represents a 60% increase in scale compared with EBOR’s previous operations. The expansion is supported by an estimated R100 million (approx. US$6.1mn) investment in infrastructure, along with a further R45 million (approx. US$2.7mn) allocated towards relocation, upgrades, and advanced equipment. With around 140 employees, EBOR continues to contribute to employment and the development of the region’s manufacturing ecosystem.
Manufacturing remains a vital component of Nelson Mandela Bay’s economy, accounting for approximately 22% of GDP while supporting industrial activity and employment. Investments such as EBOR’s expansion extend beyond individual companies by encouraging supplier development, enabling skills transfer, and strengthening economic resilience across the wider region.
Commenting on the opening, Denise van Huyssteen, CEO of the Nelson Mandela Bay Business Chamber, said the facility highlights the metro’s continued attractiveness as an investment destination despite current economic challenges.
“EBOR’s expansion into a significantly larger and more advanced facility is a strong vote of confidence in the manufacturing strength of Nelson Mandela Bay. It reinforces our positioning as the Bay of Opportunity and speaks directly to the resilience and capability of our industrial base,” she said.
Van Huyssteen further emphasised the importance of ongoing automotive sector investment in supporting regional economic growth.
“Manufacturing remains the backbone of our metro’s economy. When companies like EBOR invest, they strengthen the entire value chain, support local suppliers, safeguard jobs, and enhance South Africa’s competitiveness in the global automotive industry,” she said.
She added that EBOR’s investment demonstrates the continued opportunities available within Nelson Mandela Bay’s industrial sector.
“At a time when economic uncertainty continues to weigh on business confidence, this investment stands as tangible proof that Nelson Mandela Bay remains a strategic manufacturing destination with deep industrial expertise, skilled talent, and established infrastructure. It is precisely this kind of commitment that drives economic renewal and builds long-term resilience in our metro,” Van Huyssteen concluded.
Ivanhoe Energy is advancing its on-site power projects for the Kipushi and Kamoa-Kakula mine sites in the Democratic Republic of Congo (DRC)
Kipushi is set to become the world’s fourth-largest zinc producer in 2026, the Canadian mining group said in a 4 June statement.
It achieved a monthly production record of 25,677 tonnes of zinc in concentrate during May.
Year-to-date zinc production totals approximately 110,000 tonnes of zinc, it added.
Annualised, this is equivalent to around the mid-point of the company’s 2026 production guidance range of 240,000 to 290,000 tonnes.
Kipushi is now tendering for a dedicated solar project with up to 200 megawatt hours (MWh) of battery energy storage (BESS).
The facility would provide 10MW of baseload power, reducing reliance on the backup diesel generators that are used intermittently.
The facility is to be located on a 70-hectare site near the mine, and it is expected to be operational by the end of 2027.
Construction of Kipushi’s second tailings storage facility expansion is now nearing completion as the mine site expands.
Separately, Ivanhoe Energy recently posted an update on its other major DRC energy project to expand the Kamoa-Kakula copper complex.
Construction of Kamoa-Kakula’s on-site solar (PV) facility, with battery storage, is advancing on schedule, the company reported on 6 May.
The two facilities are expected to be operational, delivering a total baseload of 60MW to the site, from early Q3 2026.
The solar facility is already the largest solar project with battery storage on the African continent.
Kamoa-Kakula is further planning to increase the total on-site solar power generation capacity, with battery storage, to 120MW by the end of 2027.
A tender was awarded, and a power purchase agreement (PPA) was signed in late April for an initial 30MW expansion of the existing on-site solar facilities.
A further 30MW facility is being tendered and is expected to be awarded imminently.
Preparations have also been made across the group to secure on-site diesel supplies in the event of continued global supply chain disruptions.
This includes Kamoa-Kakula securing five months’ worth of diesel supply.
The company reported that its use of backup diesel generators is to be curtailed to rationalise diesel consumption, amid higher fuel prices and supply chain challenges.
Read more:
Mining's decarbonisation journey starts now
Italy’s Margen S.p.A. has completed a project in Angola to supply a total of more than 4.5 MVA of on-site power to underpin food security in the country
The project involved the shipment of two high-capacity power plants, each of 2,270 kVA, designed and tested in-house to meet a critical need: ensuring uninterrupted energy backup for the African country’s large cold storage facilities.
Powered by heavy-duty Perkins motors, the two high-capacity units are designed to ensure immediate response and continuous cooling, protecting temperature-sensitive products from any network instability.
“Reliability is essential when food safety is at stake,” a company statement noted.
“In contexts where the stability of the cold chain is directly related to the security of supply, the choice of heavy-duty Perkins engines is strategic, configured to ensure immediate response times and total operational resilience even in the presence of an unstable national electricity grid,” Margen S.p.A. reported in a recent social media post.
“This order is not only a logistical milestone, but also reaffirms the company's technological ability to customise MPS power plant solutions for complex global infrastructures, where the protection of temperature-sensitive goods leaves no margin for error,” it added.
“By exporting innovation from its headquarters to emerging markets, Margen confirms itself as a strategic partner for major international development projects, enhancing the technical rigour and reliability of ‘Made in Italy’ at every latitude.”
Read more:
Eskom advances flagship gas-to-power project
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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.
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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.
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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.
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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.
A new 20-megawatt solar power plant at Mount Coffee has been commissioned, strengthening Liberia’s push toward cleaner and more reliable electricity supply
The commissioning of the project marks a significant milestone in Liberia’s ongoing efforts to strengthen its national energy infrastructure, coming less than two years after President Joseph Boakai broke ground on October 11, 2024. The development reflects steady progress under the Government’s broader agenda to expand reliable electricity access and modernise power systems across the country.
The project comprises a newly constructed 20 MW solar photovoltaic facility and forms part of wider plans to expand the Mount Coffee Hydropower Plant by an additional 42 MW.
Speaking at the dedication ceremony, President Boakai described the solar facility as a major addition to Liberia’s energy infrastructure and a significant step toward increasing access to reliable and affordable electricity across the country.
The President noted that the project supports his Administration’s efforts to expand infrastructure, stimulate economic activity, create jobs, and improve the quality of life for Liberians.
He explained that inadequate and expensive electricity has long hindered economic growth, discouraged investment, and limited the delivery of essential services. He emphasized that reliable electricity is vital for hospitals, schools, businesses, agriculture, mining, manufacturing, and other productive sectors of the economy.
President Boakai also announced that his Administration secured an additional US$57mn in World Bank financing in March 2026 to further strengthen Liberia’s energy sector. The funding will support the expansion of solar generation capacity from 20 to 30 MW, the installation of a 12 MW battery energy storage system, and additional upgrades at the Mount Coffee facility.
The President disclosed that 22 MW of lost generation capacity at Mount Coffee have already been restored and revealed plans to further expand the hydropower facility by an additional 42 MW.
Highlighting the broader impact of expanded electricity access, President Boakai said the solar farm represents an investment in economic growth, job creation, improved public safety, and a more resilient future. He added that efforts are underway to strengthen transmission and distribution systems so that more communities across Liberia can benefit from reliable electricity services.
President Boakai further noted that, under the ARREST Agenda for Inclusive Development, the Government is investing in energy, roads, ports, digital connectivity, and water systems. He stressed that increased electricity generation is essential for industrialization, value addition, private-sector growth, and the development of a vibrant 24-hour economy capable of creating opportunities for young Liberians.
The project is part of the Regional Emergency Solar Power Intervention (RESPITE), an initiative launched in April 2022 by the World Bank and the Governments of Liberia and Sierra Leone to address electricity shortages and accelerate renewable energy development across West Africa.
IVECO and Atlas Véhicules Industries Group have handed over 50 IVECO S-Way heavy-duty trucks to Abrar Industries during a delivery ceremony held at the company’s facility in Casablanca, Morocco
The fleet consists entirely of IVECO S-Way 480 models equipped with hydraulic systems and will be deployed across Abrar Industries’ heavy-duty transport operations.
Abrar Industries Group is one of Morocco’s leading industrial companies, with activities spanning construction, infrastructure development and the production of building materials. The company plays an important role in supporting major public and private sector projects throughout the country. It operates under Abrar Invest, a Moroccan holding company established in 2001 with interests in construction, industry and real estate.
Bouzroud Abderrahmane, deputy general manager at Abrar Industries, commented, “IVECO is a trusted brand, known for its reliability and quality support. It provides professional service and attentive assistance to meet customer needs.”
Giovanni Coraggio, IVECO business manager for Morocco, added, "We are particularly proud to announce the conclusion of a highly significant strategic agreement with a major partner in Morocco, Abrar Industries, a renowned company leader in the public works, industry, and real estate. This transaction represents an important step forward in strengthening our presence in Morocco and confirms the competitiveness and reliability of our solutions in the industrial vehicle sector."
"This achievement is the result of close collaboration with the customer, aimed at addressing the specific operational and logistical needs of the territory and teamwork based on continuous commitment of all our company’s departments, as well as the strength of the relationships we have built over time with Abrar Industries and our local partner Atlas Véhicules Industriels. We look to the future with great confidence, with the goal of further consolidating our presence in the country and continuing to support the development of increasingly efficient, sustainable, and cuttingedge transport systems."
IVECO S-Way the driver-centric heavy-duty truck
The IVECO S-Way forms part of the IVECO Way range and has been developed as a business-focused solution for fleet operators while providing a comfortable and efficient working environment for drivers. Building on the success achieved since its European debut in 2019, the truck combines fuel efficiency, advanced technologies and lower operating costs.
The latest version incorporates an updated powertrain and next-generation rear axle, helping improve fuel economy while maintaining the strong performance levels associated with the model. The vehicle has earned positive feedback from operators for its reliability and ownership costs, while drivers continue to value its comfort and usability.
For transport and logistics companies operating in highly competitive markets, fleet productivity and uptime remain critical. The IVECO S-Way has been designed to address these requirements through a combination of vehicle technologies, connectivity and support services that extend throughout the truck’s operational life cycle.
Designed to maximise fuel efficiency
The vehicle’s cab has been completely redesigned with a strong focus on reducing fuel consumption and improving operational efficiency.
Its aerodynamic profile has been refined to minimise drag, with the roof seamlessly integrated into the front section of the vehicle to create a smoother airflow path. A retractable front step provides convenient access to the windshield while remaining concealed during operation.
Additional aerodynamic enhancements include a redesigned grille, integrated headlights, updated bumpers with built-in deflectors and reshaped wheel arches. Together, these features contribute to improved airflow around the vehicle.
Further gains are achieved through an optimised aerodynamic kit featuring rubber extensions that reduce the gap between the tractor and semitrailer. The redesigned door structure extends to the second step, creating a smoother side profile and reducing turbulence during highway travel.
A new cab designed around the driver to provide superior driving comfort on board
Driver comfort and usability were central to the development of the new cab. The interior layout has been redesigned to improve ergonomics, accessibility and overall driving experience.
Key controls are positioned within easy reach, while the multifunction steering wheel incorporates 22 switches, enabling drivers to access essential functions without removing their hands from the wheel. The dashboard and central console have also been updated to enhance convenience and operational efficiency.
Features such as the Start/Stop engine button and electronic key slot are strategically located near the DNR controls for improved accessibility.
The cab offers a standing height of 2.15 metres at its centre, while the redesigned roof and wider upper section create additional interior space. Access to storage compartments and the upper bunk has also been improved.
The sleeping area combines practicality with comfort through a symmetrical design, integrated controls, USB charging points and conveniently positioned storage solutions. Climate control systems, including air conditioning and optional parking cooler and heater systems, help maintain comfortable cabin temperatures in all operating conditions.
Designed for driver safety
Safety has been a key consideration in the development of the IVECO S-Way. The reinforced cab structure complies with ECE R29.03 crash standards and delivers high levels of occupant protection.
Visibility has been enhanced through one-piece side windows and improved mirror positioning. Full LED lighting further improves illumination, extending visibility and increasing obstacle detection capabilities in low-light conditions.
The truck is also equipped with a comprehensive suite of Advanced Driver Assistance Systems designed to support safer driving, improve vehicle control and reduce driver fatigue.
When parked, security is strengthened through the redesigned door structure, which leaves only the lowest step exposed, while an additional mechanical door lock inside the cab provides further protection.
A renewed line-up for high business productivity and TCO performer
The updated engine range complies with Euro III and Euro V emissions standards. Customers can choose from Cursor 9 and Cursor 13 engines, with outputs ranging from 360 hp to 560/570 hp. Engine performance and efficiency have been enhanced through the introduction of a Common Rail fuel injection system.
Both engine families are paired with the Hi-Tronix 12-speed automated transmission, which improves clutch control, durability and overall vehicle performance.
Additional technologies aimed at reducing fuel consumption include the Ecoroll function, which disengages the driveline on gentle descents to maximise momentum, and Ecoswitch, which adjusts engine performance according to vehicle load and operating conditions.
The Tyre Pressure Monitoring System also contributes to fuel efficiency and safety by continuously monitoring tyre pressures and alerting drivers to any deviations.
Crane and hoist manufacturer Condra has expanded its maintenance programme to include hands-on training for customers’ own service personnel
The company is also to introduce remote diagnostics for on-screen assistance at isolated sites, rolling out these improvements at installations in Saudi Arabia and in all African countries where Condra has a presence.
Over time, the diagnostics will combine with remote specialist oversight to aid repairs by the customer’s own technicians.
Electricians at Condra’s factories already add diagnostic chips to frequency drives during crane manufacture — the plan is to extend this capability to other crane components, delivering on-screen assistance to any site with an internet signal.
Until now, Condra’s maintenance programme has incorporated only selected agents and technical teams from its own factories.
In future, where customers have their own maintenance crews, it will be these personnel who will execute this type of work, helped either by visiting teams, or remotely by specialists at Condra’s technical centre in Johannesburg.
On-demand emergency repairs will continue to be managed by Condra technicians sent to site.
Marc Kleiner, Condra’s managing director, said the goal is to lower the customer’s service costs and to further improve machine uptime and productivity.
“We want to expand the capabilities of our customers’ maintenance personnel, who sometimes have difficulty repairing to OEM standard,” he said.
“We will work with them to identify the wrinkles, then let them get on with fixing those while our own people identify potential wear and take steps to correct it.”
Kleiner said that Condra teams would execute repairs only after quoting. Once accepted, support staff at Condra’s head office would then assemble spare parts and arrange all export documentation for shipping. Spares lists would normally include parts needed for the long term, based on predictions of likely wear.
“The idea is that a Condra team will oversee the mine’s own service personnel wherever possible, helping them carry out the repair themselves,” Kleiner said. “This will allow hands-on training under specialist direction.
“What we’re trying to overcome is the too-common practice of working a machine until it fails, then buying a new one, something often seen in mining applications.
“What we’re saying is this: If you buy the correct machine in the first place and look after it by carrying out scheduled maintenance, the life expectancy of your machine will increase along with your financial return. But if you wait until that machine breaks down, production will have to stop while you wait for the spares to arrive. This is not clever. With a little bit of support from our side, your machine will run more reliably and for much longer, and production can continue uninterrupted.”
Outlining the improved schedule, Kleiner said Condra will re-visit Ivory Coast and Angola during July and August, followed by Zambia and Namibia. After that will come Sierra Leone. Other countries appearing on the schedule include Liberia, Mozambique, Tanzania, Zimbabwe, Botswana, DRC, Mauritania, Ghana, Mali, Cote d’Ivoire, Sierra Leone and Senegal.
Twelve service teams will carry out these visits (up from two teams five years ago), each one comprising either an electrical specialist accompanied by mechanical assistant, or vice versa.
Expanding on Condra’s plans for remote diagnostics, Kleiner said the company would work in conjunction with specialists in England and Australia to allow customers to receive prompt assistance in most of the world’s time zones, combining a phone call with on-screen visuals presented to the customer’s technicians at the installation site.
“We want to develop a library of repair videos to complement this diagnostic service,” he said.
“The idea is that, long term, Condra teams will be present for critical support only. We will achieve this through proactive maintenance schedules supported by remote fault diagnosis, and complemented by instructional repair videos.”
Read more:
Kumba accelerates mines with renewable energy partnership
MSC Mediterranean Shipping Company has strengthened its intermodal logistics network in Cameroon through the integration of the Port of Kribi into a comprehensive door-to-door transport solution designed to improve cargo connectivity between Cameroon and inland destinations across Chad and the Central African Republic (CAR)
The expanded service combines ocean shipping, port handling and inland road transportation into a streamlined logistics offering, connecting Kribi with major regional destinations such as Yaoundé in Cameroon, Moundou and N’Djamena in Chad, and Bangui in the CAR. Supported by up to four vessel calls each week and direct shipping routes linking Cameroon with Asian markets including China, Korea, Vietnam and India, the solution is expected to provide businesses with a faster and more cost-effective cargo transport option.
As regional trade activity continues to increase, the enhanced use of Kribi is expected to improve freight movement throughout Central Africa while helping reduce congestion along traditional trade corridors. The Port of Kribi, Cameroon’s only deep-water port and the largest in Central Africa, remains a key gateway for regional commerce and logistics operations.
MSC stated that inland cargo distribution from Kribi will be managed through coordinated logistics services handled by its local operational teams. The company oversees the full transport process, including customs procedures, documentation management, cargo transportation and real-time shipment monitoring, ensuring improved visibility and efficient cargo movement from the port to final delivery points.
The latest development forms part of the second instalment of MSC’s Intermodal Campaign series. Following the first episode, which focused on the Abidjan–Ouagadougou rail corridor, the campaign continues to highlight the company’s efforts to strengthen cargo transportation networks and regional trade connectivity across Africa.
Africa Finance Corporation (AFC) has reached financial close and disbursed €43mn under the Poro Power Green Bond, to be used to fund construction of a 66 MW solar power plant in the northern Korhogo region in Cote d’Ivoire
Structured as a €65mn dual-currency facility in euros and CFA francs, it marks the first project finance green bond in Cote d’Ivoire and across the West African Economic and Monetary Union (WAEMU).
The solar power plant, developed by Poro Power, is expected to be operational in 2027 and will become the country’s largest solar plant.
The solar plant is expected to provide electricity to more than 100,000 households and avoid over 72,000 tons of CO2 emissions annually, contributing to greater energy access and the country’s target of increasing the share of renewables in the energy mix to 45% by 2030.
AFC acted as lead underwriter and co-arranger, helping to structure the innovative dual-currency green bond that creates what it called a ‘replicable model’ for mobilising African capital into bankable infrastructure.
It also called the transaction a milestone for Côte d’Ivoire’s capital markets and for African infrastructure more broadly.
Historically, long-term infrastructure financing in the country has depended heavily on international capital.
By contrast, the Poro Power Green Bond was African-led, structured, and fully funded by African institutions.
Samaila Zubairu, president and CEO of AFC, said the Poro Power Green Bond sets a new benchmark for sustainable infrastructure financing in Africa.
“This landmark transaction demonstrates the growing capacity of African institutions to mobilise domestic capital and expertise to deliver transformative infrastructure projects,” said said Zubairu.
“We are not only helping to close the infrastructure gap, but also creating scalable, homegrown financing models that can be replicated across the continent.”
The transaction builds on AFC’s track record in Côte d’Ivoire across the power and transport sectors.
In the energy sector, it includes the 44MW Singrobo-Ahouaty hydropower project, Côte d’Ivoire’s first private hydro independent power producer.
Its investments in the country also include the 1.5km Henri Konan Bédié Bridge, which has eased congestion by 30% since commissioning and improved mobility in Abidjan.
In 2024, AFC also supported the Ivorian government in awarding six road development contracts worth €691.6mn.
Read more:
New trade finance facility for Angolan firms
Nearly 40,000 configurations available - each truck is built to meet specific customer needs, making every unit virtually unique. (Image source: IVECO)
At the heart of IVECO’s industrial operations is its Madrid facility, the only manufacturing site in Spain dedicated to heavy-duty industrial vehicles
The plant produces the company’s complete heavy truck range for international markets including Italy, Germany, Spain and Turkey.
Covering 374,000 m², the facility is built around a 1 km main assembly line and is capable of delivering close to 40,000 different vehicle configurations. With 267 core models and more than 2,800 customisation options available, production is designed around highly specific customer demands. On average, the same truck configuration is assembled just three times annually.
“Every truck we build is essentially a one-off, custom-made to meet specific requirements,” commented José Manuel Jaquotot, director of IVECO’s Madrid and Valladolid plants.
“Each vehicle has a unique identifier that allows us to track it from cab production in Valladolid to final assembly in Madrid, ensuring full traceability and quality.”
Manufacturing operations at the Madrid site rely on a flexible and tightly coordinated production system supported by automation and intelligent logistics. Automated Guided Vehicles (AGVs) transport units across the line, enabling takt times to shift according to the complexity of each build while maintaining uninterrupted workflow across the plant.
Truck cabs arrive from the IVECO Valladolid Plant already painted and welded before being fully equipped in Madrid with dashboards, seats, bunks and airbags. The dashboard assembly process alone includes more than 100 electrical checks and is managed on a separate production line because of its technical complexity.
A major milestone in the process is the integration of the chassis and cab, commonly referred to as the “marriage” stage. Once combined, the vehicle progresses through the fitting of exterior parts, wheel installation and a series of final inspections. These include leak detection, geometry calibration and full functional testing before completion.
The site’s workforce remains central to its operational success. More than 2,700 employees support production activities, bringing the expertise and adaptability required to manage constant product evolution. During 2025, the plant successfully introduced ten new launches.
Sustainability also plays a defining role across operations. The Madrid facility operates entirely on renewable electricity and, in 2025, recycled almost 90% of the water used throughout production processes. Alongside the Valladolid plant, the site forms part of Iveco Group’s broader sustainability strategy and participates in a solar self-consumption initiative with Edison Next Spain, a project expected to help prevent around 500 tons of CO₂ emissions every year.
IVECO’s focus on decarbonisation extends beyond the vehicles themselves to the manufacturing ecosystem behind them. The Madrid plant reflects this broader ambition by combining advanced production technologies, large-scale customisation and sustainable industrial practices in one integrated operation.
Jendamark Automation’s catalytic converter shrinker machine integrates a 12- segment precision shrinking system, where SEW-EURODRIVE servo gear units and motion control software ensure each can is accurately reduced to predetermined dimensions based on mat weight and component tolerances. (Image source: SEW-EURODRIVE)
