cb.web.local

twitter Facebook Linkedin acp Contact Us

Top Stories

Grid List

Proving the viability of Madagascar’s mini-grids. (Image source: CrossBoundary Access)

Energy

CrossBoundary Access and ANKA have completed the acquisition of an asset company owning four operational mini-grid projects developed, built, and operated by ANKA in Madagascar

ANKA is a mini-grid developer, while CrossBoundary Access describes itself as Africa’s first blended finance platform for mini-grids.

The Madagascar portfolio comprises 1.7MW of solar PV and 5.6MWh of battery storage, serving thousands of customers across the Atsimo-Andrefana region.

“This acquisition demonstrates our confidence in Madagascar’s mini-grid market and ANKA's proven track record,” said Gabriel Davies, managing director, CrossBoundary Access.

“It shows that best-in-class mini-grids developers, working with supportive government policies and donor support, can deliver both impact and commercial returns.”

The acquisition is the first phase of a US$20mn partnership announced by Access and ANKA in June 2025.

Together, the two sides will finance, build and operate mini-grids to provide power to over 62,000 people across Madagascar, aligned with national energy priorities and the Mission 300 Initiative.

CrossBoundary Access becomes new majority shareholder alongside ANKA which remains a shareholder of the asset company.

The two companies aim to demonstrate that decentralised infrastructure can reach scale, liquidity, and profitability — all while delivering universal energy access and complying to the highest technical standards.

In a statement, CrossBoundary Access noted that Madagascar presents a “compelling investment opportunity for mini-grid infrastructures.”

It added: “With a national electrification rate of 36%, and a rural electrification rate of 15%, and clear regulatory framework, the Malagasy market has established the foundations for private sector energy access solutions.”

It noted that the transaction paves the way for more developers and investors to structure similar microgrid partnerships, with a “replicable example” of how to align early-stage venture capital, concessional funding, project cashflows, and local developer capacity.

Camille André-Bataille, founder and CEO of ANKA, called it a signal to the market.

“It supports the business model of developers, and shows that when execution meets ambition, the developer itself becomes investable. This is what the sector needs to grow: unlocking corporate finance for developers who can replicate these successes across multiple geographies.”

Read more:

Sierra Leone solar mini-grid project

Solar mini-grids could power 8.5 million Zambians by 2030

https://africanreview.com/energy/grant-funding-approved-for-12mw-eritrea-mini-grid-project

 

Zahid Group leads a consortium to take Barloworld private, reinforcing long term Saudi and South African business ties

Construction

Zahid Group has spearheaded a consortium to complete the strategic management buyout of Barloworld Limited, taking the 123 year old South African industrial group into private ownership

The move underscores strengthening commercial links between Saudi Arabia and South Africa and highlights Zahid Group’s sustained confidence in South Africa as a long term investment market.

The transaction builds on Zahid Group’s existing minority stake in Barloworld and brings together two established Caterpillar dealers with deep regional roots. Zahid Group has more than 75 years of operating history in Saudi Arabia, while Barloworld has served the South African market for over 96 years.

Under the revised ownership structure, Barloworld will continue to operate as an independent South African business, retaining its brand identity and existing executive leadership team.

As part of the new arrangement, Zahid Group will take representation on the Barloworld board, supporting closer strategic alignment and future growth initiatives. These include collaborative programmes focused on skills development and youth upskilling across both countries, aligned with Saudi Arabia’s Vision 2030 objectives.

The buyout represents a landmark moment in Saudi and South African commercial relations and reinforces Zahid Group’s long term commitment to sustainable growth, industrial capability and international partnership.

Metso’s advanced Concorde Cell technology boosts flotation efficiency and concentrate-grade consistency at Lumwana project. (Image source: Metso)

Mining

Barrick Gold Corporation has chosen Metso’s Concorde Cell flotation technology for its Lumwana expansion project in Zambia’s North-Western Province

The Concorde Cell flotation cells will operate alongside the previously selected TankCell technology for the project.

Metso’s high-intensity Concorde Cell is an advanced solution for processing complex orebodies. Combining Concorde Cell with TankCell technology provides a reliable and efficient method to optimise the flowsheet. The forced-air pneumatic Concorde Cell is known for delivering faster flotation kinetics, excellent recovery of fine and ultra-fine particles, and enhanced consistency in concentrate grades.

In 2024, Metso announced an order for the supply of complete concentrator plant equipment for the Lumwana copper project. The value of the Concorde Cell equipment order was recorded in the Minerals segment’s third-quarter 2025 order intake.

MSC strengthens Africa intermodal connectivity. (Image source: MSC)

Logistics

MSC is drawing attention to the scale and reach of its intermodal logistics solutions across Africa, illustrating how the integration of rail, road and port infrastructure is reshaping inland cargo movement

By extending connectivity well beyond coastal ports, MSC is helping customers access critical hinterland markets with greater reliability, efficiency and control.

Intermodal transport has become a cornerstone of resilient supply chains across the continent. By reducing transit times, improving schedule predictability and strengthening links between landlocked economies and global trade routes, integrated inland solutions are responding to a growing need for dependable connectivity. MSC’s expanded intermodal offering is designed to meet this demand, providing customers with flexible, end-to-end transport options that support long-term planning and operational stability.

Abidjan–Ouagadougou: A strategic rail corridor

The first feature in the series focuses on the rail corridor linking Côte d’Ivoire and Burkina Faso, one of West Africa’s most active trade routes. Stretching approximately 1,150–1,260 km between the Port of Abidjan and Ouagadougou, the rail connection offers a reliable inland alternative to road transport, helping to ease congestion and create more consistent cargo flows.

Serving key sectors including agriculture, FMCG, mining and temperature-controlled cargo, the corridor enables customers to move goods inland with greater security and predictability. Through MSC’s intermodal network, shippers benefit from stable inland-to-port connectivity, improved transit time consistency and the confidence to plan operations year-round.

Building value across Africa’s key trade lanes

Beyond the Côte d’Ivoire–Burkina Faso rail link, the series will highlight other corridors where MSC’s intermodal solutions are delivering measurable value for customers.

In Cameroon, the focus turns to cargo flows supported by Kribi Port and improved trucking routes, which are strengthening access to inland markets and streamlining trade connections.

Across South Africa and Namibia, MSC’s trucking network is enabling dependable cross-border transport, with particular emphasis on reefer cargo supported by the Durban reefer warehouse, ensuring temperature integrity throughout the journey.

In Kenya, the spotlight follows agricultural exports from origin to port, offering a full view of how MSC’s integrated inland network supports a seamless land-to-port logistics chain.

Together, these corridors reflect MSC’s commitment to building predictable inland transport solutions that reduce operational complexity, enhance supply chain visibility and connect African markets more efficiently to global trade.

Africa well positioned despite current global uncertainties (Image source: Adobe Stock)

Finance

The countries of sub-Saharan Africa are set to become more important as the global economy realigns in the face of wider geopolitical shifts, a new report suggests

South Africa, as one of the so-called BRICS nations, also stands to prosper.

The report, by Boston Consulting Group, suggests that global trade will show some resilience, and could grow 2.5% annually through to 2034 despite rising fragmentation.

According to the report, nations in the so-called ‘Rest of the world’ category — which includes all of sub-Saharan Africa, with the exception of South Africa — look set to gain overall on the back of strategic neutrality.

“These free agents, however, will become increasingly important in the future, both as markets and suppliers of goods and services,” the report notes.

While there are a wide range of trade scenarios, reflecting current volatility, small non-aligned countries appear to be relatively isolated from any potential negative fallout.

The BRICS+ nations — including South Africa, and countries that joined later, such as Egypt and Ethiopia — will also seek to expand relationships within the Global South.

“BRICS+ countries have been taking steps to collaborate with each other on trade, which they see as a driver of growth,” the report notes. But their approach to trade differs, with some negotiating deals with other groupings and some not.”

BRICS+ nations (excluding China) could see 3% growth with the rest of the world over the period as well as trade growth among themselves, it adds.

“Global trade isn’t retreating, it’s reorganising,” said Marc Gilbert, managing director and senior partner, Global Leader of the Center for Geopolitics, and a co-author of the report.

“Leaders who embed geopolitics in capital and strategic decision-making will be best positioned to navigate the next decade of change to secure resilience as well as growth.”

Read more:

AFC, Eaglestone share the Lobito limelight

Afreximbank backs Heirs Energies expansion

Dangote secures landmark US$4bn refinancing deal

SANY opens global remanufacturing hub. (Image source: SANY)

Manufacturing

SANY Group has officially begun operations at its first global engineering machinery remanufacturing hub, the SANY Hunan-Hainan Intelligent Manufacturing Industrial Park

The launch marks a major step in SANY’s globalisation and sustainability strategy, with the company securing CNY100 million (US$14.27mn) in orders from clients in Southeast Asia and Africa on the opening day.

The Park represents China’s first industrial facility co-developed by a pilot free trade zone (FTZ) and a pilot free trade port, advancing cross-regional collaboration between Hunan and Hainan provinces. By leveraging both provinces’ industrial strengths and policy incentives, the Park is designed to support Chinese enterprises in expanding their international footprint.

Construction of the Park began in August 2023, covering approximately 10 hectares (150 mu). With a total investment of CNY600 million (US$85.62mn), it is expected to reach an annual output value of CNY750 million (US$107.02mn) when operating at full capacity.

Positioned as a regional remanufacturing hub and resource distribution platform, the Park focuses on the maintenance and remanufacturing of core engineering machinery components as well as second-hand equipment from domestic and international markets. The facility promotes the circular reuse of industrial resources, aligning with SANY’s commitment to sustainability.

Operating under the Hainan FTZ framework, eligible value-added processing activities enjoy tariff preferences, while remanufacturing operations under bonded supervision may qualify for corporate and personal income‑tax incentives. The Park benefits from the “Dual 15%” tax-incentive policy, receiving approval for outsourced processes to enjoy a 15% corporate income-tax reduction.

“The project represents a key strategic initiative for SANY to deepen its globalisation, digitalisation, and low-carbon transformation. Moving forward, SANY will continue to actively explore new models for remanufacturing, promote the circular reuse of industrial resources, and jointly advance the global engineering machinery industry's transition toward a greener, low-carbon future,” said Tang Xiuguo, chairman of SANY.