In The Spotlight
New investment in Zambia’s energy sector will help fund generation and transmission projects in the country and open up network and trading opportunities across southern and eastern Africa
Bordering eight countries and sitting within the Southern African Power Pool, with growing links to East and Central Africa, Zambia is positioned as a natural hub for regional power trade.
It follows a US$250mn financing deal between Swiss energy and commodities group Mercuria with Africa-focused investor Exergy.
Specifically, the funds will help to finance generation and transmission projects by two Exergy subsidiaries: Lunzua Power Company and Lusitu Transmission and Distribution Company.
• US$250mn investment will boost Zambia’s power infrastructure
• Projects will strengthen regional electricity trade
• Investment supports Zambia’s 10,000 MW power target by 2031
Exergy operates in the power sector through three subsidiaries: Lunzua Power in generation, Lusitu Transmission and Distribution in transmission, and Kanona in trading, balancing surplus and deficit positions.
It trades in the southern African power market and is developing a pipeline of infrastructure projects, including a transmission highway linking Zambia to the East African power market.
“Through its subsidiaries, its pipeline will contribute to Zambia’s target of 10,000 MW of supply by 2031, a central pillar of the Grow Zambia agenda, and to the reliable supply needed by mining, agriculture, manufacturing, tourism, and industry,” an Exergy statement noted.
“Regionally, its trading and cross-border ambitions support Mission 300, the World Bank and African Development Bank initiative to connect 300 million Africans to electricity by 2030.”
The financing agreement, signed in Lusaka and subject to regulatory approvals, marks one of the largest private capital commitments to Zambia’s energy sector, as well as Mercuria’s entry into the region’s power market.
Zambia confidence
According to Exergy, the deal signals confidence in Zambia, in the region, and in the ability of global partners to finance African energy at scale on commercial terms.
The company also added that Mercuria brings more than capital: as one of the world’s largest energy traders, active in over 50 countries, it offers a global view of energy and commodity markets, and of how power, metals and trade connect.
According to Mercuria, Zambia’s stability, growth plan and regional position underpinned its decision to commit long-term capital.
The company “is pleased to play its part in resolving the power infrastructure bottlenecks that have traditionally hindered Africa’s growth,” a Mercuria statement read.
“In doing so, it sought power industry expertise, a disciplined team and an execution-ready project pipeline, and found all three in Exergy—a scalable regional platform it wants to help build.”
Zambia has seen a wave of new investment and projects in renewable energy in recent years, in addition to traditional hydro and thermal capacity (First Quantum diversifies Zambia energy supply).
Private capital
Mercuria added that it sees private capital playing a critical role in developing strategic energy infrastructure, alongside the traditional development finance model.
Both parties credited Zambia’s power sector reforms, including open access in the electricity market, with enabling independent companies to build and grow.
As well as investment in renewables, the country continues to develop traditional energy sources, such as hydro (Anzana Electric nets US20mn for small hydropower) (Globeleq completes Lunsemfwa hydro acquisition).
ADIPEC 2026 will convene the global energy industry in Abu Dhabi as the world enters a new era of rising energy demand, geopolitical volatility, infrastructure constraints and the rapid expansion of artificial intelligence (AI), underscoring the critical importance of energy security to economic stability and growth.
Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, in his capacity as Ruler of Abu Dhabi, ADIPEC 2026 will take place in Abu Dhabi from 2 to 5 November 2026 at ADNEC Centre Abu Dhabi. The event will mobilise investment in resilient and intelligent energy systems, with confirmed participation from ministers, CEOs and senior leaders across energy, technology, finance and industry.
As the world's largest energy conference and exhibition, and drawing on the UAE’s position as a reliable energy supplier, long-term investment partner and global hub for technology and industry, ADIPEC 2026 will bring together policymakers, producers, investors, technology leaders and customers to turn shared priorities into practical action.
Across its conferences and exhibition, participants will align priorities, advance commercial partnerships and accelerate the projects and solutions needed to support secure, reliable and affordable energy supplies and long-term growth.
Confirmed speakers to date include His Excellency Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, UAE; His Excellency Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, Arab Republic of Egypt; His Excellency Saleh Kharabsheh, Minister of Energy and Mineral Resources, Hashemite Kingdom of Jordan; Rt. Hon Ekperikpe Ekpo, Minister for State for Petroleum Resources (Gas), Nigeria; Wael Sawan, CEO, Shell; Patrick Pouyanne, chairman & CEO, TotalEnergies; Meg O’Neill, CEO, bp; Richard Jackson, president and CEO, Oxy; Claudio Descalzi, CEO, ENI; Christian Bruch, president and CEO, Siemens Energy; Wang Yuetao, chairman, Zhenhua Oil; Olivier Le Peuch, CEO, SLB; Lorenzo Simonelli, chairman and CEO, Baker Hughes; Horacio Marín, chairman of the Board and CEO, YPF; Dr Angela Wilkinson, secretary general and CEO, World Energy Council; Aliko Dangote, President & CEO, Dangote Group; and many more.
Abdulmunim Al Kindy, chairman of ADIPEC 2026, said, “Recent volatility has reaffirmed a simple truth: energy security is economic stability. As demand rises and AI transforms both the energy sector and the economies it powers, the world must invest ahead of demand, diversify supply and strengthen the infrastructure, technology and capabilities that keep energy moving.
“ADIPEC 2026 will focus on what the next energy system needs most: growth, reliability, intelligence and delivery. By bringing together policy, capital, technology and industry in Abu Dhabi, we will help advance the investments, projects and partnerships required to provide more energy, more securely and affordably, while supporting global economic growth.”
ADIPEC’s Strategic Conference has been refreshed around the forces reshaping global energy, from rising demand and energy security to infrastructure, investment, AI, industrial execution and workforce capability.
Across 11 programmes and more than 380 sessions, ministers, CEOs, investors, policymakers and technology leaders will examine the decisions, partnerships and capital needed to expand energy supply, accelerate infrastructure delivery and strengthen long-term system performance.
The Strategic Conference is complemented by the Technical Conference, with its SPE Technical and Downstream Technical programmes, which together represent the world’s largest gathering of technical energy engineers and experts to transform strategy into operational delivery.
More than 2,250 companies already confirmed to participate in the ADIPEC Exhibiton, including 54 NOCs, IOCs, NECs and IECs – across 16 halls and 30 country pavilions. In 2025, the event generated US$53 billion in value through more than 49,000 deals, demonstrating its role in advancing investment, partnerships and project delivery.
Christopher Hudson, president, dmg events, the organisers of ADIPEC, said, “As the global energy landscape continues to evolve, ADIPEC’s role as a platform for dialogue, collaboration and commercial engagement has never been more important. Rising energy demand, supply constraints and rapid technological advancement underscore the need to bring industry leaders together to align priorities, mobilise investment and accelerate the projects and technologies required to support long-term energy security and economic growth.
“The strong early momentum behind ADIPEC 2026 reflects the industry's recognition of both the scale of the opportunity and the urgency for action. By convening policymakers, investors, technology leaders and energy producers in Abu Dhabi, ADIPEC will help strengthen partnerships, advance innovation and support the delivery of the secure, reliable and affordable energy systems the world needs.”
To register to as a delegate at ADIPEC 2026, visit: https://bit.ly/4xRGCrO
The Global Green Growth Institute (GGGI) and AFD Group / Expertise France, working with the Government of Rwanda through the Rwanda Housing Authority (RHA) and Rwanda Public Procurement Authority (RPPA), have completed a market readiness study examining the availability, affordability and supply of selected green building materials and equipment in Rwanda
The Market Study on Rwanda’s Green Building Materials and Equipment Market was validated on 24 September 2026 at an event attended by representatives from government, the construction and engineering sectors, academia and other stakeholders.
The study is expected to support the development of green technical specifications for selected products and contribute to the implementation of Rwanda’s Green Building Minimum Compliance Standards.
Assessing Rwanda’s green construction market
Following stakeholder consultations, three products widely used in Rwanda’s construction sector were selected for detailed market readiness analysis.
The assessment examined market demand, lifecycle costs and supply chains, providing evidence on existing market conditions as well as the opportunities and constraints affecting the availability and uptake of sustainable construction solutions.
Caroline Raes, GGGI Africa’s deputy regional director for quality of delivery and country representative for Rwanda, highlighted Rwanda’s efforts to promote green building and the partnership with AFD Group / Expertise France.
“The transition to greener construction requires more than standards and policies. It also requires markets that can provide accessible, affordable and reliable green solutions. This study helps connect Rwanda’s policy ambition with the market conditions needed for implementation, supporting a more sustainable built environment and contributing to the country’s broader transition to a green economy.” Said Caroline.
Green procurement and construction
The study was undertaken under the Green Public Financial Management (PFM) technical assistance programme, funded by Agence Française de Développement (AFD) and implemented by Expertise France.
The programme supports Rwanda’s efforts to incorporate environmental and climate considerations into public financial management and public spending.
As part of the programme, Expertise France commissioned GGGI Rwanda to conduct the market study. Its findings are intended to provide evidence-based insights for green procurement guidelines and support the development of Rwanda’s green construction ecosystem.
Anthea Manasseh, AFD Country Director for Rwanda, said:
“Sustainable public procurement can help turn public spending into a driver of market transformation. By strengthening the evidence base on green construction materials and equipment, this study provides practical information that can help public institutions make more informed procurement decisions while creating opportunities for more sustainable solutions and local market development.”
Rwanda’s green building standards
The market assessment builds on Rwanda’s existing efforts to improve sustainability in the built environment.
In 2019, the Government of Rwanda, through RHA, developed the Rwanda Green Building Minimum Compliance System (GBMCS), with technical support from GGGI and other partners.
The system establishes environmental performance indicators covering energy and water efficiency, environmental protection, indoor environmental quality and green innovation.
Jimmy Christian Byukusenge, director general of the Rwanda Public Procurement Authority, said, “Every public procurement decision is an opportunity to advance Rwanda’s sustainability agenda while maximizing value for public resources. By integrating national and international sustainability standards and adopting life-cycle cost analysis, we can move beyond the lowest upfront price to consider long-term economic, environmental, and social value. This strategic approach ensures that public procurement delivers greater efficiency, responsible resource utilization, and sustainable development outcomes for present and future generations.”
Building Rwanda’s sustainable construction market
Alphonse Rukaburandekwe, director general of the Rwanda Housing Authority, called for greater collaboration between the government and private sector to translate Rwanda’s sustainable construction policies into practical solutions at scale.
He said Rwanda has established an important policy direction for sustainable construction, but strengthening the market and institutional systems needed to implement these commitments is now a priority.
Rukaburandekwe also highlighted the potential for sustainable construction to support local industry development, employment, innovation and the Made in Rwanda agenda, while maintaining required quality and performance standards.
“For green building standards to translate into practice, the market must be able to provide the materials, equipment and technical solutions required to meet them,” stated Rukaburandekwe.
The study also addresses practical barriers to scaling green construction in Rwanda, including limited awareness of green materials, concerns about upfront costs, local production capacity and market availability.
By connecting market evidence with sustainable procurement, the initiative is expected to strengthen the conditions required for wider adoption of green building materials, equipment and solutions in Rwanda.
-
-
In the final webinar of its African Review-hosted 2023 campaign, Convergent Group explored its modern, eco-friendly concrete solutions for African projects
Such solutions – delivered to cut maintenance costs by eliminating hazardous silicate products – were showcased by company experts in the form of Jean-Claude Biard, SEO of Convergent Group SA; Mputu Schmidt, former CEO of Convergent Group SA and founder of Bondeko MB (exclusive distributor of Convergent Group in Africa); Carlos Garcia, technical and sales for ADI Group (Spanish distributor for Convergent Group); and Amritpal Singh Sura, external consultant for flooring treatments, former distributor of Convergent products in the Middle East.
“A number of projects we were doing in the Middle East required protection,” remarked Sura. “Longevity of protection requires a system which basically impregnates and becomes a densified surface as opposed to something which is topical and lifts off due to moisture migration. I found that being exposed to Convergent, it was important to stay focused on those systems in the Middle East. Jean-Claude, Mputu and I met several times in Dubai and there was emphasis on providing systems which were affordable and still ending up having a robust, lasting longevity of product. So you are not spending money all the time in order to maintain the finishes which you have already paid for.”
Over the course of the session, the participants guided the audience through the potential of cutting-edge lithium silicate technology for enhancing the protection of concrete surfaces, maximising cost-effectiveness and meeting sustainability targets.
-
In a comprehensive webinar hosted by African Review, a panel of professionals associated with Convergent Group explored new generation lithium silicate technology and why it is emerging as the optimum solution for concrete floor protection.
Robert Daniels, editor of African Review, was joined by Jean-Claude Biard, CEO of Convergent Group; Mputu Schmidt, former CEO of Convergent and founder of Bondeko MB, an exclusive distributor of Convergent; Hicham Sofyani, president of Texol; Carlos Garcia, technical and sales for ADI Group; and Marc Puig, commercial manager of Comace Import.
Each providing a unique angle, the panellists combined to provide a masterclass around concrete treatments and the increasing challenges around them, explaining to attendees how to choose the right formula for their requirements and touching on issues such as why lithium densifiers are better than sodium and potassium densifiers.
Throughout the session, those watching were treated to informative case studies showcasing how Convergent eco-friendly products are increasing abrasion resistance, raising ease of maintenance, and ensuring the highest quality gloss retention.
By the end of the webinar, a majority of attendees (many of which had not had much experience with Convergent) expressed their interest in using the company’s new generation lithium silicate technology with the rest indicating their desire to learn more about Convergent and its products. Watch the webinar, in full, to discover why viewers were convinced and learn more about advanced floor care solutions for your operations.
-
Presenting on an African Review-hosted webinar, Martin Provencher, global industry principal for mining, metals and materials at AVEVA, explored the digital transformation of mining operations and its impact on sustainability.
“Sustainability is becoming a key aspect for mining operations,” remarked Provencher. “If we look at the latest EY research on the top ten business risks and opportunities for mining and metals globally in 2023, ESG remains at the top. Of course, most companies have environmental goals or are expected to reach a net zero emission by 2050, which is a pretty aggressive target. Many of them are targeting 30% reduction by 2030; seven years from now. So there is a lot of action that needs to take place quickly to get there. It is possible to get there, but we need to make sure we are doing this correctly.”
Fast becoming a huge part of ESG initiatives is fleet electrification where particular progress is being made in underground mines. While some countries are certainly more advanced than others here, Provencher noted that 40% of total emissions from the mining industry come from diesel trucks, making EVs a very attractive low-hanging fruit for companies to pursue.
There are, however, a number of challenges associated with bringing in electric vehicles which remains a barrier for introduction. One of the predominant reasons, is the limited range of EVs against diesel counterparts. To mitigate this, Provencher continued, data management is key and ensuring a strong grasp of real-time information coming in will show operators when machinery needs to be charged, allowing them to plan effectively for maximum efficiency on site.
Indeed, this is but a small advantage that digitalisation can bring to the mining industry as it grapples to meet ESG goals while achieving production targets. By getting a better grip of their data and using it to empower tools such as artificial intelligence, advanced analytics and machine learning, companies can achieve tangible benefits such as reduce downtime, enhance worker safety, cut operating costs and, of course, ensure compliance with environmental regulations and targets.
Through the course of the webinar, Provencher outlined this in more detail and explored AVEVA’s suite of cutting-edge software solutions, specifically designed to help mining companies make progress on their digitalisation journey and empower their operations.
Watch the full webinar, completed with detailed case studies and an insightful Q&A session.
-
-
-
Convergent, in association with African Review, has held a detailed webinar exploring the usage and effectiveness of lithium silicates and densifiers over traditional methods of concrete surface management which often struggle to meet the increasing challenges posed by concrete surface management.
Convergent experts including Mputu Schmidt, CEO of Convergent; Carlos Garcia, product manager end-user solutions, construction chemicals, Spain and Portugal for the RD Group; Matteo Mozzarelli, CEO of concrete Solutions Italia; and Jean-Claude Biard, global senior executive for the Convergent Group, presented across the session.
Together, they delved into the latest cost-effective application methods for long lasting finishing of concrete that can help reduce maintenance costs and avoid unexpected repair action. In addition, they examined the advancements in technologies that can sustain increased abrasion resistant stains and ensure gloss retention to the highest quality.
As part of the webinar, the representatives explored case studies including a case in DRC where a medical centre had been constructed with a low-quality concrete floor. The customer was considering completely replacing the floor but instead, Convergent put forward a special treatment with its 244+ Pentra-Sil lithium hardener, densifier and sealer. With this solution, Convergent can increase the hardness of a surface by up to 40% and therefore saved the customer significant recuperation costs over a complete replacement. Convergent were happy to report that the solution was perfect for the facility and the customer was pleased to avoid the extra construction work that would have been required for a complete replacement.
Watch the full webinar, including more information about Convergent’s innovative solutions.
New investment in Zambia’s energy sector will help fund generation and transmission projects in the country and open up network and trading opportunities across southern and eastern Africa
Bordering eight countries and sitting within the Southern African Power Pool, with growing links to East and Central Africa, Zambia is positioned as a natural hub for regional power trade.
It follows a US$250mn financing deal between Swiss energy and commodities group Mercuria with Africa-focused investor Exergy.
Specifically, the funds will help to finance generation and transmission projects by two Exergy subsidiaries: Lunzua Power Company and Lusitu Transmission and Distribution Company.
• US$250mn investment will boost Zambia’s power infrastructure
• Projects will strengthen regional electricity trade
• Investment supports Zambia’s 10,000 MW power target by 2031
Exergy operates in the power sector through three subsidiaries: Lunzua Power in generation, Lusitu Transmission and Distribution in transmission, and Kanona in trading, balancing surplus and deficit positions.
It trades in the southern African power market and is developing a pipeline of infrastructure projects, including a transmission highway linking Zambia to the East African power market.
“Through its subsidiaries, its pipeline will contribute to Zambia’s target of 10,000 MW of supply by 2031, a central pillar of the Grow Zambia agenda, and to the reliable supply needed by mining, agriculture, manufacturing, tourism, and industry,” an Exergy statement noted.
“Regionally, its trading and cross-border ambitions support Mission 300, the World Bank and African Development Bank initiative to connect 300 million Africans to electricity by 2030.”
The financing agreement, signed in Lusaka and subject to regulatory approvals, marks one of the largest private capital commitments to Zambia’s energy sector, as well as Mercuria’s entry into the region’s power market.
Zambia confidence
According to Exergy, the deal signals confidence in Zambia, in the region, and in the ability of global partners to finance African energy at scale on commercial terms.
The company also added that Mercuria brings more than capital: as one of the world’s largest energy traders, active in over 50 countries, it offers a global view of energy and commodity markets, and of how power, metals and trade connect.
According to Mercuria, Zambia’s stability, growth plan and regional position underpinned its decision to commit long-term capital.
The company “is pleased to play its part in resolving the power infrastructure bottlenecks that have traditionally hindered Africa’s growth,” a Mercuria statement read.
“In doing so, it sought power industry expertise, a disciplined team and an execution-ready project pipeline, and found all three in Exergy—a scalable regional platform it wants to help build.”
Zambia has seen a wave of new investment and projects in renewable energy in recent years, in addition to traditional hydro and thermal capacity (First Quantum diversifies Zambia energy supply).
Private capital
Mercuria added that it sees private capital playing a critical role in developing strategic energy infrastructure, alongside the traditional development finance model.
Both parties credited Zambia’s power sector reforms, including open access in the electricity market, with enabling independent companies to build and grow.
As well as investment in renewables, the country continues to develop traditional energy sources, such as hydro (Anzana Electric nets US20mn for small hydropower) (Globeleq completes Lunsemfwa hydro acquisition).
Telehandlers are among the Wacker Neuson compact machines supplied by newly appointed dealer Welgro in Mpumalanga (Image source: Wacker Neuson)
Wacker Neuson South Africa has expanded its dealer network and reinforced its presence in Mpumalanga with the appointment of Welgro Engineering and Mining Supplies
“Welgro’s established sales network, fully equipped workshop and service infrastructure, together with its proven track record across the mining, engineering, construction and agricultural sectors, made the partnership the natural choice,” said Eric Berrington, Wacker Neuson’s regional manager for Gauteng, Limpopo, and Mpumalanga.
Welgro Engineering and Mining Supplies is a provider of industrial and construction equipment solutions that has served the region for 40 years.
“The dealership also represents several respected international brands that demand a high standard of technical expertise and aftersales support, giving us further confidence in Welgro’s ability to successfully support customers over the long term,” added Berrington.
He said Welgro’s alignment with Wacker Neuson’s core values, together with recommendations from multiple industry contacts, prompted Wacker Neuson to initiate discussions.
“Welgro Engineering and Mining Supplies has built its business on long-term relationships, practical product knowledge and dependable service, with a steadfast focus on first understanding each customer’s operation before recommending the right solution to support sustainable operations,” said Kyle Handley, managing director at Welgro.
“Because every site and operation faces unique pressures, from production deadlines to safety requirements and downtime challenges, we adopt a hands-on, consultative approach, supporting customers with a wide range of industrial and construction solutions, backed by experienced sales and technical staff and a well-equipped workshop.
”Playing a vital role in the national economy, Mpumalanga is central to Wacker Neuson’s dealer expansion strategy, with the company’s approach anchored around three key hubs – Mbombela, eMalahleni and Secunda – and aligned to the industries driving growth across the province.
Handley outlined key reasons why Welgro was eager to partner with Wacker Neuson, including product quality and reliability, as well as strong reputation in construction, plant hire and infrastructure development.
He said customers want high-performing, dependable equipment that helps optimise their operations, and highlighted Wacker Neuson’s machines as well-engineered, robust and built for tough working environments.
“The machines are practical, intuitive and productivity-driven – qualities that resonate with operators.”
Under the dealership agreement, Welgro will supply Wacker Neuson’s full range of compact machines, including mini excavators, telehandlers and wheel loaders; construction equipment, including pumps and lighting towers; compaction equipment, including rammers and plate compactors; concrete technology, including external vibrators; and other specialised worksite solutions.
The range is positioned to support the diverse requirements of customers across the construction, agricultural, mining and related industries.
“Our immediate focus is on building a strong, reliable offering around Wacker Neuson’s products already in demand locally, expanding the range over time in line with customers’ changing requirements,” said Handley.
“Compact machines and equipment are especially well-suited to the market, with the capability to perform efficiently in confined spaces – a quality that is highly valued across the sectors. We also expect to see strong demand for lighting towers, particularly in mining, where reliable site illumination is critical for safety and productivity.”
He said there are also “compelling growth prospects” for electric and zero-emission equipment.
“We are ready to introduce more of Wacker Neuson’s electric product ranges to support customers with sustainable, efficient, environmentally conscious and forward-looking solutions.”
ESB Kranverleih Transport u. Hebetechnik GmbH is continuing to modernise its crane fleet with the addition of a new Liebherr LTM 1055-3.3 equipped with the LICCON3 control system
The 55-tonne mobile crane is the first LICCON3 model in the Biberach-based company's fleet and has been selected to meet the demands of confined construction sites and regional lifting operations.
At the same time, ESB is preparing for its next phase of development with a generational change in its management team. Larissa Maurer, representing the third generation of the family-run business, joined the management team on 1 January 2026.
First LICCON3 crane joins ESB fleet
ESB ordered the three-axle LTM 1055-3.3 at the Bauma trade fair. Its compact dimensions, manoeuvrability and lifting performance made the crane particularly suitable for the company's operating area around Biberach and within a radius of approximately 40 kilometres.
“ In our operating area around Biberach and within a radius of around 40 kilometres, confined construction sites and limited space are daily challenges,” explains Managing Director Karl Engeser Jr. “The three-axle crane is highly manoeuvrable, quick to get to the job site as a ‘taxi crane’ and, thanks to flexible driving modes, offers maximum operational freedom – with or without a permit under Section 29, the road permits required for certain transport configurations in Germany.”
The LTM 1055-3.3 combines a compact three-axle configuration with a boom of approximately 40 metres. This enables the crane to operate effectively on urban construction sites, including applications where access is restricted and lifting operations need to take place around existing structures and obstacles.
Liebherr fleet supports regional lifting operations
The latest acquisition forms part of ESB's ongoing investment in modern lifting equipment. The company currently operates 11 Liebherr mobile cranes with lifting capacities ranging from 35 to 230 tonnes.
“We are regularly investing in our fleet so that we can offer our customers modern, high-performance technology at all times,” says Engeser. “This is the only way we can remain flexible and reliable in meeting a wide variety of requirements.”
ESB also highlighted its relationship with Liebherr and the availability of local service support as factors behind the investment.
“We benefit from the close proximity of Liebherr in Ehingen, the service works well, and we’re seeing a high level of satisfaction with the products in the region.”
The LTM 1055-3.3 entered service at the end of May and has since been used for a range of lifting operations. According to ESB, the new crane has already demonstrated its suitability for narrow access routes and uneven terrain.
“Our new 3-axle crane has been very well received by customers and stands out as a new model with modern design. It has also managed to get through easily so far, even on narrow access routes and uneven terrain,” reports Engeser.
The new 55-tonne crane replaces an older machine as part of ESB's fleet modernisation programme. The company is also planning a further fleet upgrade in the second half of the year, when an existing 130-tonne crane is scheduled to be replaced by a 150-tonne model.
“We will then replace our existing 130-tonne crane with a 150-tonne model and, at the same time, expand our fleet’s capacity range,” says Engesser.
Third generation joins ESB management
Fleet modernisation is being accompanied by a generational transition within the family-owned business. Company founder Karl Engeser Sr. has stepped back from day-to-day operations while continuing to support ESB with his experience and expertise.
Karl Engeser Jr. is responsible for the commercial side of the business, while Larissa Maurer joined the management team on 1 January 2026.
“Carrying on our family-run company into its third generation and helping to shape its future is something I am particularly proud of,” she says happily.
Founded in 1981, ESB Kranverleih Transport u. Hebetechnik GmbH currently employs 11 crane operators in addition to its management team. The company says its lean organisational structure and stable business situation provide a foundation for continued development.
“We have a lean organisational structure and are benefiting from a stable business situation,” reports Larissa Maurer, adding: “We are very satisfied and look to the future with confidence.”
French industrial group MND, which specialises in ropeway transport, snowmaking systems, mountain safety and leisure infrastructure, has established MND Africa, a new subsidiary headquartered in Casablanca, Morocco
The new company is intended to support and accelerate MND’s development of urban mobility and tourism solutions across Africa and the Indian Ocean. The move forms part of the Group’s international expansion strategy, with more than 70% of its business already generated outside France and projects and references in around 50 countries.
Cable transport responds to urban mobility challenges
Cable transport is gaining relevance as cities look for mobility solutions that can overcome difficult terrain, rivers and other geographical constraints. The technology can also provide an alternative where conventional heavy transport infrastructure, including metro and tramway systems, is difficult to deploy because of land, topographical or urban limitations.
Across Africa and the Indian Ocean, interest in urban cable transport is growing. North Africa already has several urban cable transport systems, while new developments are emerging elsewhere on the continent, including projects supported by major international financial institutions.
"This mode of transport has a clear role to play in the new mobility solutions being developed across the continent. In the future, African cities will also move by cable. We want to contribute to this transformation, with humility and a long-term commitment," said Xavier Gallot-Lavallée, chairman of MND.
Casablanca base to support regional development
MND describes the establishment of MND Africa as a long-term commitment to the region. The Casablanca-based team will focus on developing projects across Africa and the Indian Ocean while maintaining close engagement with customers.
The subsidiary will work with governments, cities and financial partners to develop urban and tourism cable transport projects designed around reliability, sustainability and long-term operation.
Morocco was selected as the base for the new entity because of the maturity of its urban cable transport market and the number of projects being developed in the country. This includes initiatives linked to preparations for the 2030 FIFA World Cup.
MND is also monitoring opportunities in Algeria, Tunisia, Côte d’Ivoire and Senegal, alongside projects in the Indian Ocean, including Madagascar and Mayotte.
ZÈL La Montagne demonstrates MND’s capabilities
MND is also drawing on its current project in La Réunion Island as a reference for its African ambitions. The Group is building ZÈL La Montagne, which is planned to become the world’s first energy self-sufficient urban cable car.
“We are bringing a powerfull demonstration of our expertise with us,” siad Xavier Gallot-Lavallée. “This is the same level of ambition we want to bring to the African continent.”
The project adds to MND’s experience in urban transport infrastructure, including the renovation of the Montmartre funicular in Paris and the cable car in Huy, Belgium.
Mehdi Caillis-Menadjlia to lead regional expansion
MND has appointed Mehdi Caillis-Menadjlia as director of Africa & Indian Ocean Development to lead the subsidiary’s regional growth.
He brings experience of the African and Indian Ocean markets, as well as knowledge of the financing mechanisms used for infrastructure projects of this type. His previous work includes responsibility for MND’s urban cable car project in La Réunion Island.
Africa has an opportunity to convert geopolitical tensions and shifting global trade patterns into a catalyst for industrialisation and long-term economic resilience, according to a new Afreximbank report
Leveraging Geopolitics for Trade and Industrialisation in Global Africa examines trade and economic developments across the continent and globally, and outlines strategies for African nations to benefit from supply chain realignments and changing geopolitical dynamics.
“Africa stands at a critical juncture,” said Dr Yemi Kale, group chief economist and managing director of research and trade intelligence at Afreximbank.
“Geopolitical tensions and economic fragmentation are reshaping global trade patterns, but they also present a historic opportunity for the continent. By strategically leveraging these shifts, Africa can build a more resilient, competitive and inclusive economic future.”
Despite a challenging global backdrop, the report highlights Africa’s strong recent economic performance.
While global economic growth slowed to 3.4% in 2025 and is projected to ease further to 3.1% in 2026, Africa’s real GDP growth accelerated from 3.4% in 2024 to 4.5% in 2025, outperforming the global average.
Africa’s merchandise trade also expanded by 6.1% to approximately US$1.5 trillion, while aggregate inflation fell significantly from 21.6% in 2024 to 13.1% in 2025.
According to Afreximbank, these gains reflect improved macroeconomic management, ongoing policy reforms and the role of development finance institutions in supporting economic stability.
However, the report warns that significant structural challenges remain.
Africa’s trade finance gap is estimated at approximately US$74bn in 2025, limiting the continent’s ability to fully capitalise on trade and industrial opportunities.
The situation is compounded by foreign exchange constraints and a continued decline in correspondent banking relationships.
The report also notes that evolving shipping routes and persistent disruptions in global logistics networks are increasing freight costs and extending delivery times, particularly for economies dependent on imported inputs and external markets.
To strengthen resilience, Afreximbank identifies accelerated implementation of the African Continental Free Trade Area (AfCFTA), expansion of the Pan-African Payment and Settlement System (PAPSS) and reforms to the global financial architecture as key priorities.
The report notes that stronger industrial ecosystems, increased intra-African trade and sustained financial support will be critical if the continent is to transform geopolitical disruption into sustainable and inclusive economic growth.
“It is imperative for the continent to act decisively to strengthen regional value chains, deepen industrial capacity, expand access to trade finance, and accelerate continental integration,” said Kale, adding that Africa “cannot afford to delay.”
Read more:
Supply chain boost for African businesses
Beyond expanding battery production, the gigafactory is expected to generate significant economic benefits for Morocco.
The African Development Bank (AfDB) Group has approved a €100mn (approx. US$117mn) loan to Gotion Power Morocco to support the construction of an integrated lithium iron phosphate (LFP) battery gigafactory in the Rabat-Salé-Kénitra Free Trade Zone, marking a significant step in the development of Africa's electric vehicle manufacturing ecosystem
In addition to its direct financing, the Bank intends to mobilise up to a further €141mn (approx. US$165mn) from financial partners under the New African Financial Architecture for Development (NAFAD), where it will serve as the Mandated Lead Arranger. The blended financing package is designed to accelerate delivery of one of the continent's largest battery manufacturing investments.
Building Africa's battery manufacturing capacity
The project is being developed by Gotion High-Tech Co. Ltd., a leading global battery producer headquartered in Hefei, China, and listed on the Shenzhen Stock Exchange. Once operational, the facility will become the first fully integrated cathode-to-cell LFP battery manufacturing plant in both Africa and the Middle East and North Africa (MENA) region.
Phase one of the project will deliver an annual production capacity of 10 gigawatt-hours (GWh) of battery cells and battery packs for electric vehicles, with long-term plans to increase output to 100 GWh. The investment is expected to reinforce Morocco's position as an emerging global centre for electric mobility manufacturing and green technology supply chains.
The project also reflects growing investment in battery production as demand for electric vehicles and renewable energy storage continues to expand worldwide. By establishing large-scale local manufacturing capacity, Morocco aims to strengthen regional supply chains while supporting the transition towards cleaner transport and energy systems.
Kevin Kariuki, the Bank group's vice-president for Power, Energy, Climate and Green Growth, said, "Battery storage is the missing link in Africa's clean energy transition. A facility of this scale, powered primarily by renewable energy, strengthens the foundations for the large-scale integration of solar and wind power, which our grids increasingly depend on. This is exactly the kind of project that will deliver reliable, low-carbon energy while creating green industrial jobs and building the resilient value chains Africa needs to sustain its energy transition."
Supporting industrial growth and local value creation
Beyond expanding battery production, the gigafactory is expected to generate significant economic benefits for Morocco. During its initial phase, the development is projected to create more than 600 direct jobs while achieving a 70% local industrial integration rate, supporting skills development and strengthening domestic manufacturing capabilities.
The project is also intended to encourage the growth of local supplier networks and increase value addition within Africa's critical minerals sector, helping retain more economic value from resources that are essential to global energy transition technologies.
Achraf Tarsim, the African Development Bank group's country manager for Morocco, commented, "This gigafactory will be a major catalyst for strengthening Morocco’s industrial competitiveness and for accelerating its emergence as Africa’s manufacturing hub for sustainable mobility industries. It will help foster an African industrial ecosystem for batteries and electric vehicles while promoting the local beneficiation of critical minerals essential to the energy transition."
Advancing Africa's clean energy ambitions
The investment supports the African Development Bank Group's Four Cardinal Points strategic vision by promoting resilient infrastructure, accelerating industrialisation, increasing value addition to Africa's natural resources and strengthening regional integration.
As demand for battery storage continues to rise alongside renewable energy deployment and electric vehicle adoption, projects of this scale are expected to play an increasingly important role in positioning Africa within global clean energy and electric mobility value chains. By expanding domestic battery manufacturing and energy storage capabilities, the initiative is set to support the continent's transition towards a lower-carbon economy while enabling wider deployment of renewable energy technologies.
You may also like:
SEW-EURODRIVE powers high-speed converter manufacturing
Lagos welcomes advanced manufacturing innovation hub
