In The Spotlight
Liebherr powers Zimbabwe's next platinum mining milestone. (Image source: Liebherr)
The arrival of a 300-tonne Liebherr R 9350 excavator at Zimbabwe's Karo Platinum Project in February 2026 marked a significant milestone in the development of one of the country's major greenfield mining operations.
Standing approximately 8.5 metres tall, the mining excavator represents more than an addition to the site's equipment fleet; it is part of the heavy-duty machinery being deployed to prepare the mine for its future production phase.
The machine was delivered as part of the fleet operated by EPSA Group, an international earthmoving services company awarded the contract for the project. From the beginning of site development, the R 9350 has been involved in large-scale material movement, supporting the preparation of the mine's infrastructure and operational areas.
The deployment comes as EPSA Group prepares for the project's transition towards production, with the first ore expected to be processed in the second half of 2027.
‘EPSA is preparing for the first ore at Karo to be milled in the second half of 2027, and we’re proud that Liebherr machines will play a role in reaching this critical point,’ says Claus Dieter Homberg, regional sales manager, Liebherr-Mining Equipment Colmar SAS.
A major mining project demands high-capacity equipment
The Karo Platinum Project is situated along the eastern and western sections of Zimbabwe's Great Dyke, one of the world's largest igneous complexes and an important geological formation containing the second-largest deposit of platinum-group minerals.
The development is planned as an open-pit mining operation for its first decade, after which activities are expected to transition underground. This phased approach requires a fleet capable of handling substantial material volumes while operating under demanding mining conditions.
For EPSA Group, equipment selection was therefore an important consideration in establishing the project's operational capabilities. The Liebherr R 9350 was selected for its combination of performance, reliability and suitability for intensive mining applications.
Its deployment during the mine's early development phase is expected to support the material handling requirements associated with establishing the operation and preparing for future production.
First mining-class Liebherr excavator delivered in Zimbabwe
The arrival of the R 9350 also represents a milestone for Liebherr, marking the first delivery of a mining-class excavator from the company into Zimbabwe.
Getting the machine operational required coordination between several teams across Liebherr's international and regional network.
The excavator was manufactured at Liebherr's production facility in Colmar, France, which worked alongside EPSA Group to coordinate its delivery to Zimbabwe. Following its arrival at the mine, a product support representative from Colmar supervised the assembly process.
The assembly team primarily comprised personnel from Liebherr-Africa (Pty) Ltd, supported by specialists from Zimbabwean dealer R&S DieselPro Services. The Colmar representative subsequently remained at the project for seven additional weeks, providing technical assistance and practical training to personnel responsible for operating and maintaining the equipment.
This collaborative approach helped establish the technical and operational support required to commission the excavator and prepare the local teams for its continued operation.
Regional service network strengthens equipment support
EPSA Group's relationship with Liebherr spans approximately 15 years, with the two companies having worked together at mining sites across several international markets.
The partnership has developed through experience with Liebherr equipment and its ability to provide machinery and technical assistance across different applications. This established relationship was an important factor in selecting the R 9350 for the Karo operation.
Although Liebherr-Africa is the company's nearest sales and service organisation to the project, its facilities are located more than 800 kilometres away. To ensure timely assistance, R&S DieselPro Services will provide the primary on-site support, covering routine maintenance, technical services and spare parts availability.
The Zimbabwean dealer has been working with Liebherr-Africa since 2017, initially supporting its earthmoving equipment range before extending the relationship to mining machinery in 2025.
Its established familiarity with Liebherr products provides a local support foundation, while Liebherr-Africa remains available to assist with more specialised technical requirements when necessary.
‘Being associated with the commissioning and support of this flagship machine is a testament to our commitment to delivering world-class equipment, technical expertise and after-sales support to Zimbabwe's growing mining sector,’ commented Kevin Wilson, general manager, technical, R&S DieselPro Services.
The partnership between Liebherr-Africa and R&S DieselPro Services is expected to play an important role in maintaining equipment availability and supporting EPSA Group as mining activities at Karo expand.
Additional excavators to support the production ramp-up
The initial R 9350 delivery was followed by a second unit in July 2026, with a third excavator scheduled to arrive before the end of the year.
The additional machines will contribute to the project's ongoing development requirements as it moves closer to its planned first ore processing milestone in 2027.
As the Karo Platinum Project progresses from initial site preparation towards full operational readiness, the expanding Liebherr fleet is expected to support the material movement requirements of the open-pit operation.
The deployment also demonstrates the importance of combining high-capacity mining equipment with reliable technical assistance and an established regional service network, particularly for large-scale greenfield developments.
‘Behind every Liebherr machine is a team committed to keeping it performing at its best,’ says Homberg. ‘We’re looking forward to supporting EPSA Group as operations at Karo continue to grow and evolve over the coming years."
Sigenergy introduces an AI-powered residential storage system. (Image source: Sigenergy)
Sigenergy has unveiled its next-generation residential energy storage solution, SigenStor Neo, to the West African market at Nigeria Energy 2026, took place from 27–29 October at the Landmark Centre in Lagos
The launch marks an important step in the company's regional expansion, bringing an integrated residential energy platform to a market where households increasingly require greater control over electricity generation, storage and backup power.
Designed to combine several essential energy functions within a single system, SigenStor Neo brings together battery storage, power conversion, backup capabilities and intelligent energy management. Its architecture is intended to help homeowners coordinate different energy sources while simplifying the way residential power systems are configured and operated.
In Nigeria, where households often combine grid electricity with solar installations and generators, the ability to manage multiple power sources is particularly relevant. SigenStor Neo addresses this requirement through an integrated platform designed to connect and coordinate different energy resources within one residential ecosystem.
Jade Martyn, sales director - Africa at Sigenergy, said, "West Africa is an important market for Sigenergy, with customers looking for reliable and flexible ways to manage increasingly complex home energy needs. SigenStor Neo is designed to bring different energy resources together within one intelligent ecosystem, giving homeowners greater flexibility in how they generate, store and manage their energy. We are excited to introduce the next generation of SigenStor to West Africa at Nigeria Energy 2026,"
Smart connectivity for multiple energy sources
A defining feature of SigenStor Neo is its Smart Port and Backup Port configuration, which gives the system the ability to accommodate a wider range of energy resources.
The Smart Port supports connections with compatible third-party inverters, external generators and electric vehicle chargers. This enables homeowners to bring different technologies into a coordinated energy setup rather than managing each resource independently.
For Nigerian households that rely on generators during periods of grid interruption, this connectivity offers an additional layer of flexibility. External generators can be integrated into the wider system, while households with existing solar installations can connect compatible third-party inverters when upgrading their energy infrastructure.
The architecture also provides scope for future system modifications as household consumption patterns and energy requirements change. By supporting additional devices and energy sources, SigenStor Neo offers a more adaptable approach to residential energy management.
Advanced backup capabilities for greater power continuity
Power reliability remains a key consideration for residential energy consumers. SigenStor Neo incorporates several features designed to maintain electricity supply when interruptions occur.
The system offers 0 ms load-side disruption and peak power output of up to 200%, supporting the continued operation of connected household appliances during grid outages.
Its dedicated Backup Port provides an additional connection for supplying household loads, while the Smart Port allows compatible external backup resources, including generators, to become part of the overall energy configuration.
By combining stored electricity with grid connectivity and additional backup options, the system gives homeowners more flexibility in determining how their power supply is maintained under different operating conditions.
This integrated configuration positions SigenStor Neo as a comprehensive residential energy management solution rather than simply a battery storage installation.
Modular storage designed for future expansion
Flexibility also extends to the system's storage configuration. SigenStor Neo supports up to six vertically stacked battery modules, enabling customers to select an initial capacity based on their present consumption and expand it as requirements increase.
This modular arrangement allows households to avoid committing to their maximum anticipated storage capacity at the outset. Instead, additional battery capacity can be introduced as electricity consumption grows or new energy requirements emerge.
Another important feature is the built-in pack optimiser, which enables compatible existing and newly added batteries to operate together within the same system.
The platform also incorporates an eight-layer protection architecture to support operational safety and system reliability.
For households planning to add more appliances, increase solar generation or eventually incorporate electric vehicle charging, the expandable design provides greater flexibility over the longer term.
Integrated engineering simplifies installation
Beyond its residential applications, SigenStor Neo has been developed with installation efficiency in mind.
The platform combines the inverter, battery, power conversion system (PCS), energy management system (EMS) and gateway within a unified design. Integrating these functions reduces the need for multiple standalone components and creates a more streamlined installation arrangement.
Sigenergy has also incorporated several practical design features to support installers. These include lightweight battery modules equipped with lifting handles, a single side cover for wiring access, and an optimised terminal layout.
Together, these elements are intended to simplify equipment handling, reduce installation complexity and minimise on-site labour requirements.
For installation partners, the integrated architecture offers a more straightforward approach to deploying residential energy storage systems, while homeowners benefit from a compact and consolidated setup.
AI integration brings intelligent energy management
Intelligent energy management is another central element of SigenStor Neo, which forms part of Sigenergy's broader AI in All strategy.
The system incorporates SigenAgent, described by the company as the energy industry's first all-domain AI agent, accessible through mySigen App 4.0.
The platform is designed to make residential energy management more intuitive by allowing users to communicate their broader energy objectives rather than manually adjusting individual operating settings.
For example, homeowners can establish priorities such as lowering electricity expenditure or maintaining sufficient stored energy for backup requirements. SigenAgent can then analyse operating conditions and coordinate connected hardware to support those objectives.
This approach is particularly relevant to households using a combination of grid electricity, solar generation, batteries and generators. By bringing these resources together through intelligent control, the platform aims to simplify energy management and provide users with greater visibility into their household electricity consumption.
The combination of connected hardware, automated energy coordination and AI-driven management further expands the functionality of SigenStor Neo beyond conventional residential battery storage.
Sigenergy expands its presence across west africa
The introduction of SigenStor Neo at Nigeria Energy 2026 represents another milestone in Sigenergy's regional development strategy.
The company is targeting opportunities across several West African markets, including Nigeria, Ghana, Côte d'Ivoire, Sierra Leone, Liberia and Togo, where interest in distributed solar generation and energy storage continues to create opportunities for residential energy technologies.
Nigeria serves as the launch platform for the new system, providing an opportunity to introduce its integrated capabilities to customers, distributors and industry stakeholders across the region.
By combining solar integration, battery storage, generator connectivity, backup power and AI-based energy management, Sigenergy is positioning SigenStor Neo as a flexible solution for households seeking to improve their control over electricity supply.
GALAXUS R5&C5 and TUNLAND V PHEV released in Africa
BAIC FOTON successfully hosted its Africa Partners Conference under the theme “Drive to Great” at Nelson Mandela Bay Stadium in Port Elizabeth, South Africa
The conference welcomed Chinese and African government and business representatives, senior leadership from BAIC Group and BAIC FOTON, distributors, key customers, industrial partners, and international media. The gathering provided a platform to strengthen business relationships, explore new opportunities for collaboration, and outline the company's vision for sustainable growth in Africa.
During the conference, the company presented its international development strategy, emphasising three key priorities: expanding its localised product portfolio, strengthening the regional business ecosystem, and accelerating localised manufacturing and operations. Its approach will incorporate multiple powertrain technologies, including conventional fuel, natural gas, battery electric, and plug-in hybrid solutions, catering to the diverse requirements of different African markets.
South Africa will play a strategic role in this expansion, serving as a key platform to strengthen the company's presence in Southern Africa while supporting further development across East, North, and West Africa.
The event also highlighted BAIC FOTON's growing business momentum on the continent, with major customer deliveries, new energy vehicle agreements, product introductions, and manufacturing partnerships forming part of the conference agenda.
Key Highlights from the Conference
1. Major Customer Deliveries and New Energy Partnerships
BAIC FOTON marked significant commercial milestones with the delivery of 1,000 heavy-duty trucks to customers in Ghana and 800 heavy-duty trucks to customers in Zambia.
The company also signed new energy vehicle project agreements covering 200 units in Mozambique, 100 units in Ethiopia, 100 units in Kenya, and an additional project in Zambia. These initiatives are aimed at supporting the transition towards cleaner transportation solutions across sectors such as mining, agriculture, and logistics.
2. New Product Launches for African Markets
Expanding its product offering to meet the region's diverse transportation requirements, BAIC FOTON introduced two heavy-duty truck models, the GALAXUS R5 and GALAXUS C5, alongside the TUNLAND V PHEV pickup.
These launches further strengthen the company's presence in heavy-duty transportation and versatile mobility segments, offering customers a broader range of solutions.
3. Expansion of Local Manufacturing and Strategic Partnerships
Building on its existing network of 16 localised factories across Africa, BAIC FOTON continued to advance its manufacturing and industrial cooperation strategy.
During the conference, six localised manufacturing cooperation agreements were signed with partners from Tanzania, Kenya, and Zimbabwe. The company also announced collaborations with WesBank to support vehicle financing and purchase solutions, and with DP World to strengthen regional spare parts warehousing and distribution.
4. Strengthening Distributor Relationships and Market Development
Recognizing the contribution of its regional partners, BAIC FOTON hosted an awards ceremony celebrating outstanding achievements in key account development, new energy promotion, aftersales services, and distributor cooperation.
The company also officially launched the African leg of the FOTON GALAXUS Global Experience, with distributor representatives from Tanzania, the Democratic Republic of the Congo, Zambia, and Zimbabwe participating in the flag-presentation ceremony.
Through these initiatives, BAIC FOTON aims to deepen engagement with local partners, strengthen customer support, and create new opportunities for regional business development.
Driving the Next Phase of Growth in Africa
The 2026 BAIC FOTON Africa Partners Conference reaffirmed the company's long-term commitment to the African market. By combining an expanded product portfolio with localized manufacturing, stronger distribution networks, and a growing ecosystem of strategic partnerships, BAIC FOTON is working towards creating greater value for customers and partners across the continent.
As the company continues to expand its regional footprint, its focus remains on strengthening local capabilities, improving supply chain efficiency, enhancing aftersales support, and delivering transportation solutions aligned with Africa's changing industrial and mobility landscape.
With its partners at the centre of this journey, BAIC FOTON looks forward to building new opportunities and advancing together under the vision of “Drive to Great.”
On-site power for Algerian hospitals (Image source: Himoinsa)
Critical infrastructure, such as hospitals and clinics, require autonomous power systems capable of responding instantly to any power outage — a common theme throughout Africa
In Algeria, the situation is no different.
Himoinsa recently stepped in to plug the gap, supplying on-site power for a number of healthcare facilities across the North African country.
In the first project, it supplied almost 4 MW of emergency power with Yanmar engines for a hospital located in the municipality of Ain Benian.Another project was developed with other models with generator sets for a hospital located in Reghaia.
Together, both projects can now generate a total of 8 MW of essential power for Algeria’s hospitals.
The company worked with its local distributor Sarl Globale, ensuring the power autonomy of these healthcare centres with the HGY series, including two 2,500 kVA generator sets in Ain Benian — ensuring continuity of care and capable of responding immediately in the event of simultaneous grid failures.
HGY series
“The HGY series provides safe and efficient power solutions that enable continuous power supply to these critical services,” the company noted in a statement.
“HGY generators respond quickly and are designed to guarantee a response time of less than eight seconds and offer single-step load acceptance. The reliability and performance of HGY make it an indispensable choice for ensuring safety and efficiency in healthcare environments.”
The HGY-2350 D5 PRP generator sets installed at Ain Benian Hospital are equipped with high-performance Yanmar engines, developed specifically for mission-critical applications such as hospital environments.
Their high-pressure electronic injection technology enables a fast and stable response, ensuring immediate start-up and load acceptance in the event of a power failure.
In addition to offering excellent performance with optimised consumption, Yanmar engines are characterised by operational reliability even in demanding conditions, such as high temperatures or prolonged duty cycles.
Robust design and extended maintenance intervals also reduce technical interventions, ensuring constant power availability.
Challenging environment
The weather in Algeria, especially in coastal areas such as Reghaia and Ain Benian, is characterised by long, dry summers with temperatures exceeding 40°C during the hottest months.
This poses a challenge for power plant operations, as high air temperatures can cause power losses in thermal engines, a phenomenon known as derating.
The usual ambient temperature in the region required the installation of electric radiators capable of operating at 50°C, ensuring the nominal performance of the equipment.Both projects also required extreme soundproofing, with a maximum noise level of 75 dB(A) at 1 metre, as well as advanced thermal adaptation.
The set up at the two hospitals has been designed according to an operating philosophy that guarantees continuity of care through a system of two synchronised emergency generators, one main and one backup.
On a day-to-day basis, the hospital operates connected to the main grid; if this fails, the system automatically switches to the secondary grid.
If this fails, or both mains generator networks are not operating, the backup generator is started up.
Given that the hospital's total load does not exceed the capacity of a single generator, the system is programmed to keep one of the units on active standby – hot standby.
Once the load has stabilised, one of the units is disconnected, remaining available to take over the supply in the event of a failure of the operational generator.
Himoinsa developed this set up in conjunction with the generator control unit supplier, DEIF.
Conceptual image of remote monitoring using a fixed-wing VTOL drone Image courtesy of Aerosense Inc. (Image source: OC Global)
Oriental Consultants Global Co., Ltd. (OC Global), in collaboration with MSC Partners Inc., has begun supporting a demonstration project led by Aerosense Inc. to introduce remote mine monitoring services using fixed-wing vertical take-off and landing (VTOL) drones in Zambia and the Democratic Republic of the Congo (DR Congo)
The initiative has been selected under Japan’s Ministry of Economy, Trade and Industry (METI) “Global South Future-Oriented Co-Creation Project” for fiscal year 2025, funded through the supplementary budget. The programme covers small-scale demonstration initiatives and feasibility studies aimed at fostering international cooperation and developing solutions to shared economic and industrial challenges.
The project will assess how Japanese-made fixed-wing VTOL drone technology can improve oversight of mining operations across the Copperbelt region, which spans Zambia and the DR Congo. By enabling large-scale remote surveillance and collecting critical site data, the initiative aims to strengthen mining governance and improve the reliability of critical mineral supply chains, particularly those involving copper and cobalt, which are essential to Japan’s industrial and economic interests.
Addressing mining oversight and environmental risks in the copperbelt
The Copperbelt is internationally recognized as a major source of copper and cobalt, two minerals that play a vital role in global industrial production and emerging technologies. However, monitoring mining activities across this extensive region presents significant logistical challenges. The large geographical coverage of mining sites and their distance from capital cities can make effective supervision difficult, highlighting the need for greater operational transparency and more dependable mineral supply networks.
Mining operations also face environmental and safety concerns, including potential failures of tailings storage dams containing mining waste and water, as well as water contamination resulting from chemical leaks. These hazards underscore the importance of continuous monitoring across broad areas to identify potential risks, protect surrounding ecosystems and improve safety conditions for mine workers.
Through the demonstration project, the participating companies aim to evaluate drone-based monitoring as a practical solution for improving visibility into mining activities while supporting responsible resource management.
Deploying Japanese-made VTOL drones for remote mine surveillance
Aerosense’s Japan-manufactured fixed-wing VTOL drones will be deployed at selected mining locations to demonstrate three principal capabilities.
- High-resolution aerial monitoring: Equipped with high-resolution and infrared cameras, the drones will capture detailed imagery of mining sites and help assess changing operational and environmental conditions.
- Real-time video transmission: Live aerial footage will be transmitted to relevant government agencies in capital cities through LTE networks and other communication methods, enabling authorities to access information remotely.
- Topographical and environmental data collection: Surveying instruments, LiDAR technology and other onboard equipment will be used to gather terrain information and environmental data to support mine oversight and risk assessment.
These capabilities will be evaluated for their potential to improve monitoring efficiency, strengthen information sharing with government authorities and facilitate earlier identification of environmental hazards across extensive mining areas.
OC Global builds on its critical minerals expertise in Southern Africa
OC Global brings regional experience in infrastructure development, strategic planning and critical mineral supply chain studies across Southern Africa. Among its previous initiatives is the “Study for Formulating a Master Plan for the Critical Minerals Supply Chain Sector Centered on the Copperbelt,” conducted under METI’s “Global South Master Plan.”
The current drone-based mine monitoring demonstration is one of five strategic initiatives identified in the master plan developed through that study. Building on its established relationships with local governments and relevant organizations, OC Global will contribute its project management capabilities and regional expertise to support the implementation and advancement of the initiative.
Working alongside MSC Partners Inc. and Aerosense Inc., OC Global will help advance the demonstration project and assess opportunities for developing a sustainable business model for remote mine surveillance and data provision.
Strengthening critical mineral supply chains through drone technology
The project aims to establish a viable service model that uses drone technology to provide wide-area mine monitoring and reliable operational data. Improved access to timely information could help strengthen transparency across critical mineral supply chains while supporting more effective environmental oversight and risk management.
By identifying potential environmental threats and improving monitoring capabilities, the initiative also seeks to enhance workplace safety and protect the lives of local mining personnel. Its broader objectives include promoting responsible mining practices, preserving the surrounding land and environment, and strengthening the resilience of copper and cobalt supply chains connecting Southern Africa with international markets.
Through its participation in this demonstration, OC Global is advancing technology-driven solutions for mining oversight and contributing to the development of more transparent, secure and sustainable critical mineral supply chains in Zambia and the Democratic Republic of the Congo.
With 54 wagons and a capacity of 108 containers (Twenty-foot Equivalent Units), the service will initially operate one train per week, with potential to increase frequency and introduce a return service. (Image source: CMA CGM)
CMA CGM, a leading international provider of maritime, land-based, air freight and logistics services, has inaugurated its first dedicated full block train service connecting the Port of Mombasa with the Nairobi-Embakasi Inland Container Depot (ICD)
Launched on 28 October, the new service features 54 wagons and can transport up to 108 twenty-foot equivalent units (TEUs), enhancing cargo movement between Kenya’s principal seaport and its inland logistics hubs.
The launch event brought together senior government officials, diplomatic representatives and industry leaders, including Mohamed Daghar, Principal Secretary for Transport in Kenya’s Ministry of Roads and Transport; H.E. Wadid Benaabou, Ambassador of France to Kenya; Capt. William K. Ruto, Chief Executive Officer of the Kenya Ports Authority (KPA); Philip J. Mainga, Managing Director of Kenya Railways Corporation (KRC); Naveen Prabhu, Deputy Regional Director for East Africa at CMA CGM; and Benjamin Coston, Managing Director of CMA CGM’s East Africa Cluster.
Naveen PRABHU, Deputy Regional Director for East Africa at CMA CGM said: “Today’s launch is an important milestone for CMA CGM in Kenya. Our ambition is to strengthen connectivity between the sea, the port and inland economies. This project is also about partnership: with the Government of Kenya, the Kenya Ports Authority, Kenya Railways and our customers. It reflects our long-term commitment to Kenya and our ambition to contribute to the country’s growth by connecting people, businesses and opportunities”.
Strengthening rail connectivity between Mombasa and Nairobi
During the initial phase, the dedicated train will transport containerised imports from Mombasa to the Nairobi-Embakasi ICD, with one train scheduled to operate each week. The initial rollout will enable CMA CGM to evaluate customer requirements and determine whether the service can be expanded through more frequent departures and the introduction of a return journey to Mombasa.
The new rail offering complements CMA CGM’s existing maritime operations, providing customers with an integrated transport option for moving international cargo into Kenya’s key inland commercial centres. The initiative was established in collaboration with the Kenya Ports Authority and Kenya Railways Corporation, reinforcing cooperation between the country’s port and rail infrastructure operators.
Expanding local capabilities and supporting communities
CMA CGM’s activities in Kenya also include investments in inland logistics and workforce development. Alongside its maritime operations, the Group continues to develop complementary inland transport solutions, including its Kilima service.
The company is also strengthening its commitment to local expertise through the renewal of its partnership with Bandari Maritime Academy. The collaboration supports the training and development of future Kenyan professionals in the maritime and logistics sectors.
Mohamed Daghar, principal secretary for Transport in Kenya’s Ministry of Roads and Transport said, “Developing efficient connections between the Port of Mombasa and inland economic centres is essential to strengthening Kenya’s logistics chain. Partnerships between maritime and rail transport stakeholders help connect infrastructure, businesses and markets. This initiative demonstrates the importance of cooperation between public and private stakeholders in supporting trade and the country’s economic development”.
As part of the inauguration programme, Kenyan officials and the French Ambassador toured the CMA CGM PALMYRE, a vessel that operates on liquefied natural gas (LNG). The visit highlighted the Group’s ongoing efforts to limit the environmental impact of maritime transportation.
CMA CGM foundation Initiatives in Kenya
Beyond its logistics operations, CMA CGM contributes to community development in Kenya through the activities of the CMA CGM Foundation.
Since 2023, the Foundation has worked with the Kenyan Red Cross NGO to support the development of the I.O.Me001 Innovation Centre in Mombasa. As part of this initiative, it donated 11 repurposed shipping containers to help establish a facility dedicated to entrepreneurship and coding. In 2025, the centre engaged 15 institutions and more than 1,200 students. The Foundation, working alongside the French Embassy in Kenya, is now contributing seven additional containers to increase the centre’s capacity.
The Foundation is also involved in a project to refurbish the football pitch at the University of Nairobi, in collaboration with the university and the French Development Agency (AFD). The initiative seeks to improve the facility’s resilience to climate-related challenges while delivering benefits to approximately 50,000 students.
Through its new rail freight service, investment in local skills and support for community initiatives, CMA CGM continues to expand its presence in Kenya while strengthening connections between international trade, inland markets and local development.
ACMC, Scepter partner to advance African critical minerals projects
Africa Critical Minerals Corporation (ACMC) has entered into a memorandum of understanding (MOU) with Scepter, Inc. to apply Scepter’s artificial intelligence technology to the assessment of African critical minerals projects for ACMC’s development platform
ACMC is establishing a portfolio of mineral projects in partnership with local African stakeholders. Its approach encompasses identifying opportunities, securing project rights, making investments, and bringing together the technical expertise, development capabilities, and financing required to move projects forward. Development partners will be responsible for constructing and operating mines, while local participation, skilled employment, and knowledge transfer remain integral to each project.
Scepter’s ScepterAir platform combines sensor fusion with AI-powered anomaly detection and has previously been deployed in methane monitoring in collaboration with ExxonMobil. Under the MOU, the companies plan to combine satellite imagery, geological information, and geospatial datasets to pinpoint promising mineral prospects. Findings will then be assessed through field validation to inform exploration decisions and investment priorities.
Elias Pungong, ACMC’s chairman, commented, “Our objective is to build a portfolio of critical minerals projects in Africa that create lasting value where we work. Partners like Scepter are key to our vision: working with cutting-edge technology companies to identify and develop the strongest opportunities in Africa.”
Philip Father, Scepter’s founder and CEO, said, “We want to shorten the path from mineral identification through development and commercialization,” said Philip Father, Scepter’s Founder and CEO. “We see an extraordinary opportunity to collaborate with ACMC and its local partners to unlock the value of Africa’s mineral resources and build globally competitive critical minerals industries.”
Kweku Awotwi, a mining industry veteran and Senior Advisor to Scepter, highlighted the broader implications of applying AI to mineral development, stating, “I’m excited about the transformative potential of Scepter’s technology. AI-driven resource intelligence can fundamentally change how African nations develop their mineral resources, helping them move up the value chain.”
ACMC also intends to connect American technology, financing, and expertise with African mining opportunities. This strategy includes pursuing U.S. public-private partnerships to support technical assessments, feasibility studies, and infrastructure development, helping projects become more attractive to private investors.
Carrie Clark, ACMC’s co-founder and chief operating officer, emphasised the strategic importance of early investment in the sector, saying, “U.S. national security demands earlier investment in Africa’s critical minerals,” said Carrie Clark, ACMC’s Co-founder and COO. “Scepter’s technology shows how American innovation can de-risk early-stage opportunities and open the door to American capital. We support win-win development that builds long-term prosperity in the markets we operate in.”
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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.
Burundi to expand electrification (Image source: Adobe Stock)
Burundi is poised to hasten electrification efforts in the country in the wake of a new public-private partnership (PPP) deal that could unlock US$1.4bn in new financing
Like other countries in the region, many people Burundi still lack access to basic services including electricity.
Expanding access to electricity remains an important development priority for Burundi, particularly in rural communities where access has historically been limited.
Addressing this challenge requires not only increased power generation, but also sustained investment in transmission and distribution infrastructure to ensure that reliable and affordable electricity reaches communities, farms, businesses and industries across the country.
To mobilise additional funding, the government has signed a 25-year PPP agreement with Weza Power targeting grid expansion to more than half of Burundi.
It also establishes Africa's first new national-scale electricity distribution concession to be operated by a private company in decades, marking a significant milestone for the country and for Africa’s energy sector.
Burundi President Évariste Ndayishimiye called electricity the foundation of his country’s economic transformation plans and a key pillar in its Vision 2040-2060 ambitions.
“This partnership will expand opportunities for our people, strengthen our industries, and create conditions for investment, jobs and lasting prosperity,” said Ndayishimiye.
“It proves what can be achieved when government and private sector partners unite behind a shared national vision.”
Distribution agreement
The PPP establishes a model for expanding energy by bringing together government with private investment and development finance to grow electricity access from approximately 15% on grid electrification today to more than 50% — providing first-time or improved access for an estimated 8 million people.
Burundi's electricity utility, REGIDESO, will continue to supply electricity through the national transmission network and maintain responsibility for distributing power in half the country, while Weza Power will expand and operate the distribution network in the other half.
This will mean delivering 52,000 km of new and upgraded distribution lines, connecting over 1.2 million new households and businesses.
It will also create over 2,000 direct installation and operational jobs and over 30,000 indirect jobs for locals.
Funding structureThe blended finance structure will mobilise both private commercial capital and concessional funding without increasing public debt, drawing on money from Mission 300 partners, including the World Bank’s ASCENT programme, the International Finance Corporation (IFC), MIGA and the African Development Bank.
It will also draw support from the US International Development Finance Corporation (DFC), Gridworks, a part of British International Investment, US Trade and Development Agency, NORAD, and other partners.
PPP electrification model
Weza Power is a part of the Anzana Electric Group, which has invested in Burundi since 2018 through Songa Energy, which comprises one operational hydropower plant and a second currently under construction.
“This PPP will strengthen Burundi's ability to compete, attract investment and retain more value from its own resources,” said Brian Kelly, CEO of Anzana Electric Group and Weza Power.
“Reliable electricity will give businesses the confidence to invest, enable critical industries to grow, and unlock more of the country's economic potential at home.”
Burundi also demonstrates an approach to national electrification that Anzana is advancing across Africa: in Zambia, the Democratic Republic of Congo, and other markets it is working alongside governments and partners to develop integrated electricity platforms built on the same commitment to commercially sustainable infrastructure and national transformation.
Infrastructure priorities
Dr. Hassan Kibeya, Minister of Mineral Resources, Energy, Industry, Trade, and Tourism said the partnership with Weza Power addresses one of Burundi's “most important infrastructure priorities” by expanding and strengthening the distribution network.
“With Burundi's installed generation capacity at approximately 183 MW, our focus must now be on ensuring that existing and future generation can be delivered to more homes, businesses and productive sectors across the country,” Kibeya said.
“Reliable electricity will power Burundi's industries, enable local processing of critical minerals, and fuel sustainable economic growth.”
The agreement also contributes to Burundi's National Energy Compact under Mission 300 — the joint World Bank Group and African Development Bank initiative to connect 300 million Africans to electricity by 2030.
It also underscores stronger US-Burundi relations, as evidenced by recent project announcements in critical minerals, and lays the ground for the essential infrastructure that can unlock further private investment.
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Volvo CE expands excavator range with EC130 and EC150. (Image source: Volvo CE)
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.
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ACMC, Scepter partner to advance African critical minerals projects
Africa Critical Minerals Corporation (ACMC) has entered into a memorandum of understanding (MOU) with Scepter, Inc. to apply Scepter’s artificial intelligence technology to the assessment of African critical minerals projects for ACMC’s development platform
ACMC is establishing a portfolio of mineral projects in partnership with local African stakeholders. Its approach encompasses identifying opportunities, securing project rights, making investments, and bringing together the technical expertise, development capabilities, and financing required to move projects forward. Development partners will be responsible for constructing and operating mines, while local participation, skilled employment, and knowledge transfer remain integral to each project.
Scepter’s ScepterAir platform combines sensor fusion with AI-powered anomaly detection and has previously been deployed in methane monitoring in collaboration with ExxonMobil. Under the MOU, the companies plan to combine satellite imagery, geological information, and geospatial datasets to pinpoint promising mineral prospects. Findings will then be assessed through field validation to inform exploration decisions and investment priorities.
Elias Pungong, ACMC’s chairman, commented, “Our objective is to build a portfolio of critical minerals projects in Africa that create lasting value where we work. Partners like Scepter are key to our vision: working with cutting-edge technology companies to identify and develop the strongest opportunities in Africa.”
Philip Father, Scepter’s founder and CEO, said, “We want to shorten the path from mineral identification through development and commercialization,” said Philip Father, Scepter’s Founder and CEO. “We see an extraordinary opportunity to collaborate with ACMC and its local partners to unlock the value of Africa’s mineral resources and build globally competitive critical minerals industries.”
Kweku Awotwi, a mining industry veteran and Senior Advisor to Scepter, highlighted the broader implications of applying AI to mineral development, stating, “I’m excited about the transformative potential of Scepter’s technology. AI-driven resource intelligence can fundamentally change how African nations develop their mineral resources, helping them move up the value chain.”
ACMC also intends to connect American technology, financing, and expertise with African mining opportunities. This strategy includes pursuing U.S. public-private partnerships to support technical assessments, feasibility studies, and infrastructure development, helping projects become more attractive to private investors.
Carrie Clark, ACMC’s co-founder and chief operating officer, emphasised the strategic importance of early investment in the sector, saying, “U.S. national security demands earlier investment in Africa’s critical minerals,” said Carrie Clark, ACMC’s Co-founder and COO. “Scepter’s technology shows how American innovation can de-risk early-stage opportunities and open the door to American capital. We support win-win development that builds long-term prosperity in the markets we operate in.”
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With 54 wagons and a capacity of 108 containers (Twenty-foot Equivalent Units), the service will initially operate one train per week, with potential to increase frequency and introduce a return service. (Image source: CMA CGM)
CMA CGM, a leading international provider of maritime, land-based, air freight and logistics services, has inaugurated its first dedicated full block train service connecting the Port of Mombasa with the Nairobi-Embakasi Inland Container Depot (ICD)
Launched on 28 October, the new service features 54 wagons and can transport up to 108 twenty-foot equivalent units (TEUs), enhancing cargo movement between Kenya’s principal seaport and its inland logistics hubs.
The launch event brought together senior government officials, diplomatic representatives and industry leaders, including Mohamed Daghar, Principal Secretary for Transport in Kenya’s Ministry of Roads and Transport; H.E. Wadid Benaabou, Ambassador of France to Kenya; Capt. William K. Ruto, Chief Executive Officer of the Kenya Ports Authority (KPA); Philip J. Mainga, Managing Director of Kenya Railways Corporation (KRC); Naveen Prabhu, Deputy Regional Director for East Africa at CMA CGM; and Benjamin Coston, Managing Director of CMA CGM’s East Africa Cluster.
Naveen PRABHU, Deputy Regional Director for East Africa at CMA CGM said: “Today’s launch is an important milestone for CMA CGM in Kenya. Our ambition is to strengthen connectivity between the sea, the port and inland economies. This project is also about partnership: with the Government of Kenya, the Kenya Ports Authority, Kenya Railways and our customers. It reflects our long-term commitment to Kenya and our ambition to contribute to the country’s growth by connecting people, businesses and opportunities”.
Strengthening rail connectivity between Mombasa and Nairobi
During the initial phase, the dedicated train will transport containerised imports from Mombasa to the Nairobi-Embakasi ICD, with one train scheduled to operate each week. The initial rollout will enable CMA CGM to evaluate customer requirements and determine whether the service can be expanded through more frequent departures and the introduction of a return journey to Mombasa.
The new rail offering complements CMA CGM’s existing maritime operations, providing customers with an integrated transport option for moving international cargo into Kenya’s key inland commercial centres. The initiative was established in collaboration with the Kenya Ports Authority and Kenya Railways Corporation, reinforcing cooperation between the country’s port and rail infrastructure operators.
Expanding local capabilities and supporting communities
CMA CGM’s activities in Kenya also include investments in inland logistics and workforce development. Alongside its maritime operations, the Group continues to develop complementary inland transport solutions, including its Kilima service.
The company is also strengthening its commitment to local expertise through the renewal of its partnership with Bandari Maritime Academy. The collaboration supports the training and development of future Kenyan professionals in the maritime and logistics sectors.
Mohamed Daghar, principal secretary for Transport in Kenya’s Ministry of Roads and Transport said, “Developing efficient connections between the Port of Mombasa and inland economic centres is essential to strengthening Kenya’s logistics chain. Partnerships between maritime and rail transport stakeholders help connect infrastructure, businesses and markets. This initiative demonstrates the importance of cooperation between public and private stakeholders in supporting trade and the country’s economic development”.
As part of the inauguration programme, Kenyan officials and the French Ambassador toured the CMA CGM PALMYRE, a vessel that operates on liquefied natural gas (LNG). The visit highlighted the Group’s ongoing efforts to limit the environmental impact of maritime transportation.
CMA CGM foundation Initiatives in Kenya
Beyond its logistics operations, CMA CGM contributes to community development in Kenya through the activities of the CMA CGM Foundation.
Since 2023, the Foundation has worked with the Kenyan Red Cross NGO to support the development of the I.O.Me001 Innovation Centre in Mombasa. As part of this initiative, it donated 11 repurposed shipping containers to help establish a facility dedicated to entrepreneurship and coding. In 2025, the centre engaged 15 institutions and more than 1,200 students. The Foundation, working alongside the French Embassy in Kenya, is now contributing seven additional containers to increase the centre’s capacity.
The Foundation is also involved in a project to refurbish the football pitch at the University of Nairobi, in collaboration with the university and the French Development Agency (AFD). The initiative seeks to improve the facility’s resilience to climate-related challenges while delivering benefits to approximately 50,000 students.
Through its new rail freight service, investment in local skills and support for community initiatives, CMA CGM continues to expand its presence in Kenya while strengthening connections between international trade, inland markets and local development.
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Africa can still thrive amid global geopolitical upheaval (Image source: Adobe Stock)
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.”
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Prometal SA to boost Cameroon steel sector (Image source: Adobe Stock)
Cameroon is stepping up efforts to expand domestic manufacturing and reduce reliance on imported industrial goods, with steel processing playing a growing role in the country’s industrialisation drive
Rising demand from the construction, infrastructure and agricultural sectors is creating opportunities to develop more local value chains and increase the production of finished goods.
It is against this backdrop that Prometal SA is expanding its steel processing capacity, backed by €40mn in fresh financing from Afreximbank.
The funding comes from an African Export-Import Bank (Afreximbank) revolving working capital facility and will support processing and transforming semi-processed steel into a range of finished steel products, including agricultural equipment and construction materials.
Hayssam El Jammal, Prometal SA’s CEO, said it marked a new stage for the company’s growth plans.Jammal said the growth strategy combines “vertical integration across the value chain from the processing of raw materials to the production of finished goods…[to the]…horizontal expansion into new markets with the clear ambition of producing in Africa goods that are still largely imported today.”
This, in turn, would strengthen African production capacity, reduce dependence on imports and retain greater value within the continent.
African industrialisation
Jammal said the deal also reflects Afreximbank’s commitment to turning African industrial ambitions into reality “further contributing to the broader industrialisation and economic transformation of our continent.”
The facility is expected to the production of a wide range of finished steel products, including agricultural equipment and construction materials.
It will also boost Prometal SA’s capacity to meet growing demand for steel and metal products across the construction, infrastructure, industrial and agricultural sectors within Cameroon.
“By identifying and capacitating African industrial champions, like Prometal SA, the Bank is strengthening Africa’s domestic manufacturing capacity and creating domestic and regional value chains,” said Dr. George Elombi, Afreximbank’s president and chairman.
Growth plans
Prometal SA is a leading metallurgical and industrial group with a growing industrial footprint.
Over recent years, it has already implemented various investments aimed at developing local manufacturing capacity and replacing the import of products previously sourced from international markets.
The group is organized around two principal business lines: Prometal Acier and NOVIA Industries.
Prometal Acier is the group's core steel and metallurgical business and a key player in the regional steel industry with operations across seven industrial plants and an aggregate annual production capacity of approximately 360,000 metric tons of finished steel products.
NOVIA Industries, established in 2018, is the group's expansion into the agribusiness sector and has rapidly developed into one of the leading players in its market segment.
It has an estimated production capacity of 500 tons per day of edible oil and 160 tons per day of soap, positioning it as a significant producer of refined palm-oil products and related by-products.
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