In The Spotlight
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.”
Facility localises production of critical grid and energy technologies supporting Egypt's target of 45% renewable energy by 2028. (Image source: Siemens)
Siemens has officially opened a new Electrification and Automation factory in Egypt, reinforcing its commitment to expanding local manufacturing and supporting the country's growing energy and infrastructure sectors
The new plant will manufacture essential power-sector technologies locally, including switchgear, substation control and monitoring equipment, protection systems, and integrated cybersecurity solutions. These products are designed to address Egypt's evolving electricity requirements, infrastructure expansion, and transition towards cleaner energy sources.
"Localizing the production of critical energy technologies is key to building resilient infrastructure and competitive industries," said Stephan May, CEO of electrification and automation at Siemens. "With our new facility, we bring production closer to our customers, strengthening supply chains, accelerating delivery and supporting Egypt's industrial growth and energy transition. This facility moves with speed to support Egypt's ability to adopt advanced technology and achieve its ambitious goals, especially in integrating renewables and ensuring the highest cybersecurity standards for its power infrastructure."
Supporting Egypt's renewable energy transition
Egypt has increased its renewable energy ambitions, setting a target for green energy to account for 45% of its energy mix by 2028. Siemens' new facility will contribute to this objective by supplying technologies for electricity transmission and distribution networks, as well as equipment required by the country's expanding renewable energy industry. Its solutions incorporate cybersecurity into substation control systems, helping protect critical power infrastructure in line with stringent international standards.
The investment also aligns with Egypt's National Industry Strategy for 2024–2030, which prioritizes electrical and engineering industries to encourage domestic production and increase manufacturing's contribution to the national economy.
The project builds on a Memorandum of Understanding signed by Siemens and Egypt's Industrial Development Authority in September 2024 to promote the local manufacture of electrical products. Domestic production is expected to strengthen supply networks and equip Egyptian engineering, procurement, and construction companies to undertake energy and infrastructure projects throughout Egypt, North Africa, and other African markets.
"Today reflects Siemens' belief in Egypt's future. A future that is powered by innovation, sustainability, and collaboration," said Mostafa El-Bagoury, CEO of Siemens Egypt. "The new facility represents Siemens' latest step in a journey that combines global expertise with local empowerment, delivering cutting-edge technologies made in Egypt, for Egypt and beyond."
Siemens power academy to develop local skills
An important component of the new factory is the Siemens Power Academy, which will provide structured training and development opportunities for customers and the local workforce. Equipped with dedicated classrooms and learning facilities, the Academy allows participants to develop practical skills close to active manufacturing operations and live technology demonstrations.
During its first year, the initiative aims to train professionals in designing, operating, and maintaining sophisticated energy infrastructure. The program extends Siemens' longstanding commitment to vocational education and workforce development in Egypt.
Located alongside the manufacturing area, a dedicated Customer Experience Center will showcase the company's latest digital twin and Internet of Things (IoT)-enabled technologies. Customers, business partners, and other stakeholders will be able to explore solutions designed to improve energy management and optimize electricity grids, supporting Egypt's wider digitalisation and infrastructure modernisation efforts.
Strengthening a 125-Year partnership with Egypt
Siemens has maintained a presence in Egypt for 125 years, contributing technologies and expertise across the country's industrial, energy, and infrastructure sectors. Its involvement includes supporting the development of Egypt's high-speed rail network, advancing electricity grid modernisation, and establishing the Middle East's first Industry 4.0 Innovation Center in the New Administrative Capital.
The newly inaugurated Electrification and Automation factory marks a significant evolution in the company's long-standing relationship with Egypt. By shifting beyond technology delivery towards local manufacturing, Siemens aims to increase domestic value creation, develop specialized technical capabilities, strengthen industrial supply chains, and help position Egypt as a regional center for advanced manufacturing and energy technology.
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.
UD Trucks expands Southern African network with Zambia launch. (Image source: UD Trucks)
UD Trucks Southern Africa has officially entered the Zambian market through a strategic partnership with Imperial Motors Zambia, a member of Motus Africa
The launch took place on 1 October in Lusaka, establishing the brand’s presence at three operational locations in Lusaka, Kitwe and Solwezi.
The expansion introduces UD Trucks’ Japanese engineering heritage and international commercial vehicle expertise to Zambia, where reliable transport services are essential to economic activity. Through the partnership, UD Trucks and Imperial Motors Zambia aim to provide an integrated transport offering encompassing commercial vehicles, aftersales services and long-term customer support.
More than 90 guests attended the launch at Imperial Motors Zambia’s Kafue Road facility in Lusaka. The gathering included customers, industry representatives, media and senior executives from UD Trucks and Motus Africa. Fredrick Mwalusaka, Permanent Secretary at Zambia’s Ministry of Transport and Logistics, attended as Guest of Honour and participated in the official ribbon-cutting ceremony.
The market entry reflects the companies’ shared ambition to establish a sustainable presence in Zambia and support businesses across the country’s key industries with dependable commercial transport solutions.
UD Trucks strengthens its Southern African presence
Zambia represents a strategic addition to UD Trucks Southern Africa’s regional network as the company seeks to expand its reach across important African markets.
The launch builds on the introduction of UD Trucks in Malawi in 2025 through Motus Africa, extending the collaboration between the two organisations and opening new opportunities to serve Zambian transport operators.
Demand for dependable commercial vehicles remains important across mining, agriculture, construction, logistics and distribution. Businesses operating in these sectors require vehicles that can withstand challenging working conditions, alongside services that help maintain fleet availability and manage operating costs.
UD Trucks’ approach centres on providing more than vehicles, combining product performance with an understanding of customers’ operational requirements and the support needed throughout the vehicle ownership cycle.
Filip Van den Heede, Managing Director of UD Trucks Southern Africa, said:
“The official launch of UD Trucks in Zambia represents another significant milestone in our ambition to strengthen our presence across Southern Africa and contribute to the development of Africa’s commercial transport sector,” said Filip Van den Heede, Managing Director of UD Trucks Southern Africa.
“Zambia is an important market, and our partnership with Imperial Motors Zambia provides a strong foundation for building the UD Trucks brand locally. By combining our Japanese engineering heritage and global expertise with an established local partner’s market knowledge and customer relationships, we are creating the platform to deliver dependable transport solutions and long-term value.
“Our ambition goes beyond introducing our products to a new market. It is about building lasting customer relationships, investing in the capabilities needed to support their operations and going the extra mile to help businesses move forward.”
Total transport solutions extend beyond vehicle sales
For Zambian fleet owners and transport operators, the partnership is intended to deliver support across the entire vehicle lifecycle, from selecting and acquiring suitable trucks to maintenance, servicing and ongoing technical assistance.
Graham Kolm, SSA Markets General Manager: Trucks Southern Africa, highlighted the importance of matching vehicle capabilities with the practical demands of customers’ businesses.
“For businesses operating in demanding industries, a truck is much more than a vehicle. It is a critical business asset, and its performance, availability and operating costs directly influence productivity and profitability.
“Ultimate Dependability is about understanding that responsibility. Through our partnership with Imperial Motors Zambia, we want to help customers identify the right solutions for their operations and support them in maximising uptime, improving operational efficiency and achieving long-term value. Our role is to work alongside our customers, going the extra mile to help keep their businesses moving.”
By integrating vehicle supply with aftersales support, the companies aim to help customers improve fleet utilisation, reduce operational disruptions and achieve greater value over the operating life of their vehicles.
Imperial Motors Zambia brings local market experience
Imperial Motors Zambia contributes 12 years of experience in the country’s automotive sector. Adding UD Trucks to its portfolio expands its commercial vehicle offering and reinforces its involvement in Zambia’s transport industry.
As part of Motus Africa, the business combines local market knowledge and established customer relationships with access to a broader regional automotive network. This provides a foundation for developing the UD Trucks brand and expanding the technical and service capabilities required by commercial vehicle customers.
Tim Jaques, Chairman of Imperial Motors Zambia and CEO of Motus Africa, highlighted the company’s continued commitment to the Zambian market. The addition of UD Trucks complements its existing brands, including Nissan, OMODA and JAECOO, while supporting its ambition to broaden its vehicle offering and continue investing in facilities, personnel and customer service.
Christophe Henning, General Manager of Imperial Motors Zambia, said the launch marked an important development for the company.
“The introduction of UD Trucks is an exciting new chapter for Imperial Motors Zambia. We are proud to partner with a commercial vehicle brand whose heritage in Japanese engineering and commitment to reliability align with our ambition to deliver quality products and customer support.
“Our focus is on building lasting relationships with Zambian businesses and becoming a trusted transport partner. We recognise that our responsibility extends well beyond the initial vehicle purchase. Customers need dependable products, access to genuine parts, skilled technicians and professional aftersales support throughout their vehicles’ operating lives.
“Through this partnership, we are committed to developing the local capabilities and customer relationships that will support the long-term growth of UD Trucks in Zambia.”
Investment in local facilities, skilled personnel, genuine parts and technical support will be central to the partnership’s efforts to build customer confidence and provide consistent service throughout the ownership journey.
Commercial transport investment supports Zambia’s economic ambitions
The launch also highlighted the connection between reliable commercial transport and Zambia’s broader economic development priorities.
Mr Fredrick Mwalusaka, Permanent Secretary at the Ministry of Transport and Logistics, attended the event as Guest of Honour. In his address, he emphasised the importance of transport and logistics in facilitating trade and supporting industries such as mining, agriculture and manufacturing.
He also highlighted Zambia’s potential to strengthen its position as a regional transport and logistics hub, with efficient movement of goods within the country and across international borders remaining an important consideration.
The event brought together public- and private-sector stakeholders to discuss the role of commercial transport investment in supporting business activity and economic development.
For UD Trucks, the Zambian market offers an opportunity to contribute through its commercial vehicle range, local distribution partnership and commitment to customer support.
UD Trucks targets long-term growth in Zambia
With operations established in Lusaka, Kitwe and Solwezi, UD Trucks and Imperial Motors Zambia have created an initial network to serve customers across key commercial transport markets.
Over the next three to five years, Imperial Motors Zambia aims to grow its UD Trucks customer base, strengthen the brand’s market position and continue developing its facilities, technical capabilities and aftersales services in response to customer requirements.
The expansion also supports UD Trucks Southern Africa’s wider strategy to build a stronger regional network and extend its total transport solutions offering to more customers across Southern Africa.
The partnership’s long-term performance will depend on its ability to provide reliable vehicles, responsive service and practical solutions that help businesses maintain productivity and manage operating costs.
Drawing on UD Trucks’ Japanese engineering heritage and its commitment to Ultimate Dependability, the companies aim to establish lasting relationships with Zambian transport operators and support the continued development of the country’s commercial transport sector.
The 24MWp solar facility is the first solar PV plant in the West Nile region. (Image source: AMEA Power)
AMEA Power, one of the fastest-growing renewable energy companies in Africa and the Middle East, has begun commercial operations at its 24 MWp (20 MW) Ituka solar photovoltaic plant in Uganda’s Madi Okollo District, in the north-west of the country
The project was funded by an US$18mn senior secured loan from the Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One. The plant’s 25 MVA 132/33kV substation is now active and feeds clean power straight into Uganda’s national grid.
Ituka is among the first utility-scale, grid-connected solar PV facilities in West Nile. It can supply affordable, reliable electricity to as many as 390,000 people, easing severe power shortages and helping households, public institutions and businesses cope with years of load shedding and blackouts. Its output is also expected to lower power purchase costs and cut emissions locally.
The plant supports Uganda’s goal of universal energy access by 2040, up from roughly 50% in 2022, and offers practical evidence of progress under the country’s Energy Transition Plan (ETP). It also advances the government’s aim of reducing reliance on hydropower, which makes up around 80 percent of grid capacity. Because Uganda is vulnerable to seasonal droughts and climate risks, Ituka’s solar generation will help offset hydropower’s seasonal swings. This will improve energy security and daytime grid stability, and lay the foundation for long-term industrial growth in the north-west.
The plant is the Fund’s 12th renewable energy project in Uganda, and it reflects EAAIF’s commitment to climate finance in emerging markets. It also advances PIDG’s aim of mobilising private capital for infrastructure across Africa and Asia, speeds up Uganda’s energy transition, and establishes Ituka as a cornerstone of the country’s long-term energy security.
Aqueel Bohra, chief investment officer at AMEA Power, said, “AMEA Power is proud to have delivered this project as our first operational asset in East Africa. As the project enters commercial operations, it is set to transform the region by strengthening grid reliability with clean energy, relieving power deficits, and laying the groundwork for sustainable economic development.”
Martijn Proos, co-head of Emerging Market Alternative Credit at Ninety One, the fund manager of EAAIF, commented, “Bringing the Ituka solar plant online marks an important step in expanding access to reliable electricity in Uganda’s historically underserved West Nile region. The project demonstrates EAAIF’s role as a pathfinder investor financing infrastructure in markets where the need for investment is significant. The electricity now flowing into the national grid represents a critical step towards stimulating economic activity across the West Nile region and addressing longstanding energy shortages.”
Western Cape advances a R1.165 billion road upgrade to improve Franschhoek Pass safety. (Image source: Western Cape Government)
The Western Cape Government is advancing a R1.165 billion (approx. US$12.25mn) road improvement and flood-recovery project along Franschhoek Pass, focusing on safer travel, improved regional connectivity and stronger infrastructure capable of withstanding extreme weather
Led by the Department of Infrastructure, the MR191 project includes road upgrades, resurfacing, drainage improvements and repairs to sections damaged by repeated flooding. Construction is expected to be completed in July 2027, subject to favourable conditions.
Franschhoek Pass is expected to reopen during the construction holiday, from mid-December to mid-January, with stop-and-go traffic controls in place. However, the reopening will depend on safety assessments, and the road will remain closed if conditions are considered unsafe.
Repeated flooding prompts major road repairs
Severe rainfall in October 2023 caused 16 slope failures and slips along Franschhoek Pass, leaving sections of the route damaged. Further heavy rainfall in May 2026 resulted in five additional slips and erosion at the Du Toits River bridge abutment on the Villiersdorp side.
The recurring damage has highlighted the challenges of maintaining transport links in areas exposed to extreme weather. The additional flood-recovery work has therefore been incorporated into the wider MR191 improvement programme, combining urgent repairs with measures intended to improve long-term road resilience.
Engineering measures target road safety and slope stability
The project covers several sections of the road network, with work focused on upgrading deteriorated surfaces, improving drainage and stabilising vulnerable slopes.
Approximately 9.57 km of MR191 between Old Paarl Road (MR189) and Helshoogte Road (MR172) is being widened and upgraded to a Class 1 road. Rehabilitation work also covers approximately 14 km between the Helshoogte intersection and the Franschhoek urban area, as well as approximately 16 km between Franschhoek and the Theewaterskloof Dam.
Construction activities include asphalt surfacing, pavement reconstruction, drainage upgrades and repairs to the Du Toits River bridge abutment. Specialist slope protection measures include soil nails, high-strength steel mesh, anchored gabion walls and reinforced concrete structures.
These engineering interventions are designed to address existing damage, improve road stability and reduce the risk of further deterioration during periods of heavy rainfall.
Road construction supports local employment and businesses
Beyond its transport benefits, the Franschhoek Pass project is creating opportunities for local workers, suppliers and emerging contractors.
The project has generated 94,090 person-days of local labour, exceeding its target of 70,160 person-days. A total of 357 work opportunities have been created against a target of 440, while 57 local enterprises have supplied goods and services, surpassing the target of 40.
Six emerging contractors have received subcontracting opportunities, meeting the project's target. Meanwhile, R141.15 million (approx. US$8.53mn) has been directed towards targeted enterprises, exceeding the planned allocation of R126.17 million.
These figures illustrate the wider economic contribution of infrastructure development, particularly through local procurement, employment and opportunities for smaller businesses to participate in major public works projects.
Minister Simmers emphasises on long-term infrastructure resilience.
Minister Simmers highlighted the importance of strengthening transport infrastructure following repeated flood damage and ensuring that public investment delivers lasting benefits for communities and businesses.
“The damage caused by successive flooding events reminds us why investing in resilient infrastructure is so important.
“We are not simply repairing damaged roads. We are strengthening vital transport connections, improving road safety and investing in infrastructure that must serve our communities and economy for years to come.
“Equally important is the economic value created during construction. With more than 94,000 person-days of local labour and over R141 million directed towards targeted enterprises, this project demonstrates how infrastructure investment can support livelihoods and create opportunities for local businesses
“Our commitment remains to deliver infrastructure that is safer, more resilient and capable of supporting economic growth across the Western Cape.”
Franschhoek pass upgrade targets July 2027 completion
Work on the MR191 road improvement and flood-recovery programme will continue across the affected sections, with completion anticipated in July 2027, subject to construction conditions.
The planned holiday-period reopening will depend on whether the route can be operated safely under the required traffic controls. The Department of Infrastructure will prioritise road-user safety if weather conditions or other hazards prevent the safe passage of traffic.
Once completed, the project is expected to provide improved road conditions, stronger slope protection and better drainage, helping safeguard an important regional transport connection while supporting economic activity across the Western Cape.
Vedanta invests nearly US$600mn in Gamsberg Phase II, doubling South African zinc capacity to 500,000 tonnes annually.
Vedanta Limited, the flagship company of the Vedanta Group, has announced the doubling of annual zinc production capacity at its South African zinc operations to 500,000 tonnes¹
The expansion involves an investment of nearly US$ 600mn in Phase II of the Gamsberg project, operated by Vedanta Zinc International (VZI). The expanded facility was inaugurated by South African President Cyril Ramaphosa and Vedanta Limited Director Priya Agarwal-Hebbar.
Located in South Africa’s Northern Cape province, Gamsberg is VZI’s flagship zinc mine and hosts one of the world’s most significant zinc deposits. The expansion represents one of the largest mining investments in South Africa during the current decade.
The project further reinforces Vedanta Limited’s position as the world’s largest² zinc producer, supporting its ambition to achieve annual production of 3 million tonnes across India and South Africa. Of this target, 2 million tonnes are expected to come from its subsidiary, Hindustan Zinc Limited (NSE: HINDZINC; BSE: 500188), the world’s largest integrated zinc producer, while Vedanta Zinc International aims to contribute 1 million tonnes annually.
With zinc playing a crucial role in modern industrial and infrastructure development, global consumption continues to rise. Through galvanisation, zinc protects steel, the world’s most widely used metal, against corrosion, prolonging its lifespan and enabling its use across construction, automotive, manufacturing and other industries. Together, Hindustan Zinc and Vedanta Zinc International strengthen Vedanta Limited’s ability to meet the increasing global demand for zinc.
The Gamsberg Phase II expansion is part of Vedanta’s ZAR 21 billion investment commitment, equivalent to nearly US$ 1.5bn, announced at the 2018 South Africa Investment Conference. At the 18th BRICS Summit held in New Delhi last month, President Ramaphosa urged greater Indian investment in key South African industries. Vedanta’s continued investment in the Northern Cape highlights the practical benefits of the strengthening economic partnership between India and South Africa.
South African president Cyril Ramaphosa said, “We have come to celebrate an investment that has moved from commitment to construction, and from construction to production. We welcome Vedanta’s ambition to establish zinc smelting capacity in the Northern Cape. Government must work with Vedanta and other partners to address their requirements.”
Priya Agarwal-Hebbar, director of Vedanta and Chairperson of Hindustan Zinc, said, “For Vedanta, Gamsberg Phase II is more than an expansion of its zinc business. It is a commitment to South Africa’s future. My father, Vedanta founder and Chairman Anil Agarwal, made that commitment with the belief that the country’s mineral wealth could become a foundation for industrial growth, jobs and opportunity. Today, I am proud to see that vision coming to life. Our ambition is to build a globally significant zinc and industrial hub in the region., creating lasting value for the country and its people. The true measure of our success is not just what we produce, but the prosperity we help create for generations to come,”
In addition to generating employment through its operations, Vedanta has invested nearly US$ 20 million in community development initiatives across South Africa since acquiring Vedanta Zinc International in 2011. These programmes focus on healthcare, education, care centres, sports, livelihood opportunities, infrastructure and social welfare, benefiting more than 32,000 people annually. Earlier this year, Vedanta Zinc International also inaugurated an oncology centre in Namakwa as part of its priority community development initiatives.
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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.
Power plant in the desert (Image source: Himoinsa)
How a hybrid off-grid power system combined diesel generation and battery energy storage to deliver reliable electricity in a demanding, remote environment for a high-profile motorsport event in the Sahara
Himoinsa deployed a hybrid power system combining diesel generators and battery energy storage to supply up to 1 MW of power at the 2026 Rallye du Maroc, demonstrating an approach to managing variable electricity demand in remote, off-grid environments.
As Official Power Supplier to the rally, the company provided more than 20 pieces of power and lighting equipment to support temporary bivouacs in Agadir and Zagora, Morocco.
The installations supplied electricity for vehicle maintenance, communications, medical facilities, catering and race administration, operating in conditions characterised by heat, dust and limited access to infrastructure.
According to David Serieys, Himoinsa's event coordinator, the main technical challenge was designing an off-grid system capable of adapting to changing loads while operating continuously in remote locations.
“What made this project technically demanding was not just its size – although we deployed more than 20 units and made up to 1 MW of power available,” he said.
“The real challenge was designing an off-grid system capable of adapting to very different loads – while operating continuously in heat, dust and remote locations.”
The hybrid configuration combined generators, which provided sustained power and reserve capacity, with battery storage systems designed to respond to short-duration demand peaks and supply electricity during periods of lower consumption.
This approach also allowed generators to remain switched off when demand was limited, reducing unnecessary engine running hours.
“The generators provide the sustained power and reserve capacity the bivouac needs, while the batteries respond immediately to load variations, cover low-demand periods and reduce unnecessary engine running hours,” said Serieys.
Himoinsa's EHR battery energy storage technology is designed to store energy and supply electricity when required.
The EHR 45/60 model has a nominal power rating of 45 kVA and a nominal battery capacity of 56.8 kWh, using lithium iron phosphate (LFP) battery technology.When appropriately configured, combining battery storage with diesel generation can reduce fuel consumption, engine operating hours, maintenance requirements and noise compared with generator-only operation, the company said.
The deployment also included mobile lighting towers to support overnight vehicle repairs and maintenance, with more than 20 personnel involved in the operation.
“The lighting towers were equally important,” added Serieys.
“Once the competitors arrived, the service areas remained active throughout the night, with mechanics carrying out repairs and preparing the vehicles for the next stage. We needed mobile, autonomous lighting units that could be transported and repositioned quickly, withstand the desert environment and provide safe, reliable illumination.”
While the rally provided a demanding temporary application, the same hybrid power approach can be used in other settings where grid electricity is unavailable or inadequate, according to Himoinsa.
Construction projects, mining operations, rental power and critical infrastructure are among the potential applications, it says, where matching generation to actual demand can help improve operational efficiency.
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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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Real-time tyre data can boost mining operations (Image source: Michelin)
Amaury Vadon, Michelin’s vice-president for Africa, India and the Middle East, explores how real-time tyre data and predictive maintenance can help African mines reduce costs, improve safety and boost operational efficiency
Mining operations across Africa are under increasing pressure to do more with less. Rising input costs, constrained capital investment, ageing fleets, and increasing ESG expectations are forcing operators to rethink how they optimise productivity while maintaining safety standards. In this environment, incremental gains in efficiency are no longer enough — mines need smarter, data-driven approaches that enable real-time decision-making and operational resilience.
This is where Michelin Better Mining is positioned as a strategic partner, helping operations unlock safer, more productive, and more sustainable performance through integrated tyre, data, and operational solutions.
Michelin Better Mining is not a single product or technology. It is Michelin’s comprehensive approach to partnering with mining operations across Africa to deliver measurable outcomes. The approach is anchored on three core pillars. Safety focuses on reducing operational risks and preventing incidents before they occur. Productivity centres on maximising asset performance and uptime across haulage fleets that drive 50%+ of operating costs. Sustainability targets lower environmental impact while supporting long-term value creation through energy-efficient technologies and responsible lifecycle management. Together these pillars form a holistic partnership that combines Michelin’s products, services, data, and expertise to solve systemic challenges African mines face today.
At the core of that partnership for African operations is MICHELIN MEMS 4. As the fourth generation of the first tyre monitoring system built specifically for surface mining equipment, MEMS 4 delivers what decision-makers need most: real-time intelligence. Unlike basic alerts, MEMS 4 continuously tracks tyre temperature, pressure and GPS location, and stores a full history for each tyre. That history is critical because tyre wear and failure rarely happen in isolation. Patterns emerge over weeks and months, and MEMS 4 makes those patterns visible before they become costly downtime.
Heat is what kills these tyres. With MEMS 4, you can see which trucks are running hot and reroute them before you lose a tyre. For African mines running remote 24/7 fleets, that means less downtime and tyres that last longer.
MEMS 4 is supported by Michelin’s Better Haul Road solution, which turns tyres into sensors to measure road undulation and truck cornering severity. For African mines managing vast haul networks with aging infrastructure, that data identifies where roads are rough, where trucks corner too hard, and where drivers need coaching. Teams can then adjust grading schedules and smooth problem sections. The result is lower diesel burn, fewer tyre replacements, and safer roads — direct contributions to both productivity and sustainability outcomes.
Michelin brings best-in-class capabilities to support all three pillars of Better Mining. On safety, solutions include TK Solution, Klinge, in-depth scrap tyre analysis, and continuous product innovation designed to reduce operational risks. On productivity, the portfolio includes the X MINE 70/70 tyre launched in 2023 for increased tramming speed and load capacity, Customer Engineering Support teams providing deep local mining expertise, MICHELIN MEMS 4 for real-time tyre monitoring, and Better Haul Road for road condition optimisation. On sustainability, Michelin delivers energy-efficient tyre technologies, end-of-life tyre solutions, and initiatives supporting environmental impact reduction and social development.
The strategic value of this partnership becomes clearest at scale. Valterra Platinum’s Flatreef project, one of the world’s largest platinum, palladium and rhodium deposits, demonstrates how small efficiency gains compound across a large fleet. Even a 1-2% improvement in haulage efficiency or a 10% extension in tyre life translates to millions saved per year. In Michelin’s “Inside the Mine” feature, Valterra’s crew showed how MEMS 4 data keeps 24/7 operations running with fewer interruptions. Dispatchers see which trucks need attention before they fail. Maintenance teams plan work around production schedules. Managers have data combined with Michelin’s expertise to back decisions.
For African operations facing rising costs and ESG pressure, Better Mining provides the operational control needed to stay competitive. For mines looking to get more from what they already have, it’s not about redesigning the pit. It’s about making smarter decisions with real-time data and shifting maintenance from reactive to predictive. Those small gains per truck add up fast across a fleet. Michelin Better Mining delivers that shift by acting as a strategic partner, not a supplier — bringing integrated tyre, data and operational solutions that make African mining safer, more productive, and more sustainable.
ACMC, Scepter partner to advance African critical minerals projects
Vedanta invests nearly US$600mn in Gamsberg Phase II, doubling South African zinc capacity to 500,000 tonnes annually.
Expansion expected to reduce vessel turnaround times by up to 50% and enable simultaneous handling of two Post-Panamax vessels. (Image source: DP World)
Since beginning operations in 2021, DP World has invested more than US$260mn in upgrading and modernising its terminal at the Port of Luanda
Over the past five years, annual container throughput has nearly doubled, rising from 177,000 twenty-foot equivalent units (TEUs) to more than 350,000 TEUs. This growth has been supported by an additional 28,000m² of yard space.
To strengthen its handling capacity, DP World acquired two additional Mobile Harbour Cranes (MHCs) and an extra empty handler this year, increasing its fleet to eight MHCs. The terminal has also expanded its refrigerated container connections, increasing reefer plugs from 630 to 700.
During the inauguration of its new terminal building at the Port of Luanda, DP World announced a further US$90mn investment over the next two years. The funding will support additional infrastructure, equipment and operational improvements. Planned works include extending the quay by 222 metres and expanding the operating area by 10 hectares, raising the terminal’s design capacity to 1.2 million TEUs.
The expansion will also involve the acquisition of three Ship-to-Shore (STS) cranes and 12 semi-automated rubber-tyred gantry (RTG) cranes. These additions will enable the terminal to handle two Post-Panamax vessels simultaneously, strengthening Luanda’s position as a container gateway for Central Africa and a major trade hub in sub-Saharan Africa.
The project is also expected to support local employment and industrialisation, enhance export competitiveness and encourage foreign investment, while facilitating more sustainable regional trade flows.
Mohammed Akoojee, CEO and managing director, Africa, DP World, said, “The expansion of DP World Luanda is an important milestone both for Angola and for the wider region. The ability to handle larger vessels will support new shipping services and strengthen the terminal’s potential as a gateway for West and Central Africa. Our investment will improve the efficiency and sustainability of trade flows, giving customers greater reliability, shorter turnaround times and improved access to global markets, and reinforcing Angola’s prominent role within our regional and global logistics network.”
Paco Pinzon, CEO, DP World Luanda, stated, “Having our concession extended to 2051 demonstrates our long-term commitment to Angola and its future as a leading regional trade gateway. Our continued investments will create a more efficient and competitive experience for our customers, while supporting Angola’s ambitions to strengthen trade connectivity, diversify the economy and become a continental logistics hub. The expansion will benefit the entire logistics ecosystem, and we will continue to create opportunities, strengthen regional connectivity and contribute to sustainable economic growth in Angola.”
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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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Supply chain boost for African businesses
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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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