In The Spotlight
Sandvik has secured orders from Lucara Botswana Pty Ltd, a subsidiary of Lucara Diamond Corp., for a 15-unit underground mining equipment fleet for the Karowe diamond mine in Botswana
The package includes underground drills and loaders, as well as parts, rock tools, aftermarket services and digital solutions. Financing for the investment has been arranged through Sandvik Financial Services (SFS), with an export credit guarantee from the Swedish Export Credit Agency (EKN).
The equipment package comprises five Sandvik DD321 development drills, four Toro LH517i loaders, two Toro LH621i loaders, two Sandvik DD422i development drills, one Sandvik DS422i cable bolter and one Sandvik DU311 longhole drill. The order was booked during the second quarter of 2026, with deliveries already under way and scheduled to continue through the fourth quarter.
The fleet will support Lucara’s continued development of the Karowe underground mine as the operation progresses through its transition from open-pit mining. The Karowe Underground Project is designed to extend the mine’s operating life beyond 2038.
Karowe is recognised as one of the world’s highest-value diamond mines and has gained a reputation for producing large and exceptional stones. Earlier this year, the mine announced the recovery of its tenth diamond weighing more than 1,000 carats, further highlighting the significance of the operation.
“As we continue developing the Karowe underground mine, we were looking for a partner that could support us throughout the project lifecycle,” said Benjamin Wang, director corporate finance at Lucara. “Sandvik's combination of leading underground equipment, aftermarket support and financing capability made it a compelling solution for our operation. This investment supports our strategy of building a safe and productive underground mine.”
Beyond the initial equipment supply, Sandvik will provide ongoing aftermarket support intended to enhance fleet availability and productivity throughout the equipment lifecycle. The support package also incorporates rock tools and digital technologies, including My Sandvik and Remote Monitoring Service.
“This order demonstrates the breadth of our offering and our ability to support customers in Botswana with an integrated solution that extends beyond the equipment,” stated Floors Foord, Territory manager for Botswana at Sandvik Mining. “By bringing together expertise from across Sandvik, we can support Lucara throughout the equipment lifecycle while contributing to the long-term success of its underground operation.”
The equipment investment is being supported through an SFS financing structure backed by an EKN export credit guarantee. The arrangement combines Sandvik’s equipment and aftermarket capabilities with its financial services offering, providing support for Lucara’s continued investment in the underground development of Karowe.
“By combining Sandvik’s mining expertise with our financial services capabilities and EKN’s export credit support, we were able to structure a competitive financing solution around Lucara’s investment requirements,” said Tony Clarke, SFS EMEA manager at Sandvik. “It demonstrates how financing can complement our equipment and aftermarket offering and help customers advance significant long-term mining investments.”
South Africa-China Electricity and Energy Investment Conference opens in Beijing (Image source: PowerChina)
PowerChina is hungry for a more active role in South Africa, as the nation opens up its energy sector more to investors
The company highlighted its long-standing role in the country’s infrastructure development at a two-day South Africa-China energy conference held at its Beijing headquarters.
"Since beginning operations in South Africa in 2008, PowerChina has contributed to the country’s power and water infrastructure," said its president Wang Xiaojun.
"We are ready to work with government agencies, financial institutions and industry partners to move projects from planning to implementation while creating lasting value through local procurement, skills development and supply chain cooperation.”
PowerChina’s completed and ongoing wind, solar photovoltaic and concentrated solar power projects in South Africa already have a combined capacity of 1.9 GW.
Its battery storage projects under construction have a combined capacity of 1.9 GWh.
Among these projects is the 100 MW Redstone concentrated solar power project, South Africa's largest tower-based molten salt solar thermal facility.
The project combines solar generation with thermal energy storage to provide dispatchable renewable power.
PowerChina is also participating in the Oya hybrid facility project, which integrates wind, solar and battery storage on a single grid-connected platform to support a more flexible and reliable power system.
Under South Africa’s Integrated Resource Plan (IRP) 2025, the country plans to add about 105 GW of new generation capacity through 2039, supported by a diversified mix of solar, wind, battery storage, natural gas and nuclear power.
The country also plans to build about 14,500 km of transmission infrastructure, with an estimated R440bn (US$XXbn) in transmission investment required over the next decade.
The recent Beijing forum, organised by South Africa’s Department of Electricity and Energy and the South African Embassy in China, brought together more than 260 government, finance and industry representatives.
The event outlined over R2.2 trillion (US$XXbn) in investment opportunities through 2039 under IRP 2025, spanning generation, transmission, energy storage and related manufacturing.
Dr. Kgosientsho Ramokgopa, South Africa’s Minister of Electricity and Energy, said the country was entering a decisive decade, telling the conference that the IRP 2025 investment pipeline would not only add generation and transmission capacity, but also support lasting infrastructure and industrial development.
Beyond energy generation, PowerChina is also contributing to water infrastructure that supports electricity supply, industrial activity and local communities.
The Mokolo - Crocodile Water Augmentation Project Phase 2A is a major water infrastructure project under South Africa's National Water Resource Strategy that is expected to deliver 75 million cubic metres of water annually, once completed.
The project will help secure water supplies for the Medupi and Matimba power stations, support development in the Waterberg mining area and provide water to industrial facilities, municipalities and communities along the route.
PowerChina also highlighted local procurement, subcontracting and skills development initiatives through its project delivery in South Africa.
At the Redstone project, for example, it established a welding training centre and worked with a local university to provide technical education linked to concentrated solar power.
Read more:
Ivory Coast sanctions new power projects
Improving efficiency: Hlulani Mathonsi, sales specialist, ABB South Africa, on how intelligent process control is reshaping Africa’s cement production
Africa’s cement industry is under growing pressure to produce more while consuming less. As urbanisation accelerates across the continent, demand for cement continues to rise, driven by infrastructure development, housing projects, renewable energy investments, and industrial expansion. Whilst the manufacturers are operating in an increasingly challenging environment marked by rising electricity costs, unstable power supply, sustainability pressures, and tighter operational margins.
Globally, cement manufacturing accounts for approximately 7-8 % of total carbon emissions, according to the International Energy Agency (IEA). The sector is also one of the most energy-intensive industries in the world, requiring substantial electricity and thermal energy to sustain production. The IEA estimates that cement production consumes around 100 kWh of electricity per ton produced, placing enormous pressure on energy systems and operational costs.
In South Africa and across Africa, the challenge is even more pronounced. Persistent energy instability and rising utility tariffs continue to impact industrial productivity, forcing manufacturers to rethink how operations are managed and optimised. In this environment, digitalisation and intelligent automation are becoming critical tools for improving resilience, efficiency, and competitiveness.
Industrial automation
Across global manufacturing, companies are increasingly investing in advanced process control, predictive analytics, and automation technologies to improve productivity while reducing waste. According to McKinsey research, industrial automation is rapidly expanding across process-intensive sectors such as mining, chemicals, and cement production as businesses seek greater efficiency, reliability, and sustainability.
For cement plants, this shift is particularly important because production environments are highly complex and highly variable. Small fluctuations in kiln temperature and fuel mix can significantly affect energy efficiency, product quality, and equipment lifespan. Traditional manual operating methods are increasingly unable to manage these variables effectively in real time.
Digital solutions
This is where advanced process optimisation technologies such as ABB’s Expert Optimizer are reshaping operations. Using model predictive control, neural networks, and real-time analytics, these systems continuously monitor and adjust plant conditions to stabilise performance and maximise efficiency. Expert Optimizer is a digital solution that provides advanced process techniques, including linear and non-linear model predictive control, fuzzy logic, neural networks and analytical AI to always make the best operational decisions accurately and consistently in high-pressure environments.
The global results demonstrate the value of this approach. ABB Ability Expert Optimizer results in maximising the use of alternative fuels, increasing recovery in product by 1% to 3%, reducing quality variation by up to 30%, and increasing throughput by up to 8%. In many use cases, plants have achieved return on investment in less than 12 months through lower fuel consumption, reduced downtime, and improved process stability.
Recent global projects further illustrate how integrated automation is transforming industrial production. ABB’s collaboration with Novada Cement in the USA is one such example. ABB deployed electrification, automation, and drives solutions at a new cement plant in Florida to improve process visibility, reliability, and control over cement production to provide operational decision-making across the facility.
Urgency and opportunity
For African manufacturers, this creates both urgency and opportunity. Many industrial facilities across the continent are currently modernising or expanding, creating an opportunity to adopt more advanced and efficient production systems from the outset. However, successful digital transformation is not only about technology deployment. It also depends on aligning systems, people, and operational priorities. Human expertise remains essential in industrial environments, particularly in operationally demanding sectors.
This collaboration between operational expertise and automation is increasingly shaping the future of industrial manufacturing globally. As energy costs rise and sustainability expectations intensify, operational efficiency will become one of the cement sector’s most important competitive differentiators. In fact, the future of cement production will not be defined solely by how much is produced, but by how intelligently, efficiently, and sustainably production is achieved.
Read more:
Africa's cement industry: the push for energy security
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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.
South Africa-China Electricity and Energy Investment Conference opens in Beijing (Image source: PowerChina)
PowerChina is hungry for a more active role in South Africa, as the nation opens up its energy sector more to investors
The company highlighted its long-standing role in the country’s infrastructure development at a two-day South Africa-China energy conference held at its Beijing headquarters.
"Since beginning operations in South Africa in 2008, PowerChina has contributed to the country’s power and water infrastructure," said its president Wang Xiaojun.
"We are ready to work with government agencies, financial institutions and industry partners to move projects from planning to implementation while creating lasting value through local procurement, skills development and supply chain cooperation.”
PowerChina’s completed and ongoing wind, solar photovoltaic and concentrated solar power projects in South Africa already have a combined capacity of 1.9 GW.
Its battery storage projects under construction have a combined capacity of 1.9 GWh.
Among these projects is the 100 MW Redstone concentrated solar power project, South Africa's largest tower-based molten salt solar thermal facility.
The project combines solar generation with thermal energy storage to provide dispatchable renewable power.
PowerChina is also participating in the Oya hybrid facility project, which integrates wind, solar and battery storage on a single grid-connected platform to support a more flexible and reliable power system.
Under South Africa’s Integrated Resource Plan (IRP) 2025, the country plans to add about 105 GW of new generation capacity through 2039, supported by a diversified mix of solar, wind, battery storage, natural gas and nuclear power.
The country also plans to build about 14,500 km of transmission infrastructure, with an estimated R440bn (US$XXbn) in transmission investment required over the next decade.
The recent Beijing forum, organised by South Africa’s Department of Electricity and Energy and the South African Embassy in China, brought together more than 260 government, finance and industry representatives.
The event outlined over R2.2 trillion (US$XXbn) in investment opportunities through 2039 under IRP 2025, spanning generation, transmission, energy storage and related manufacturing.
Dr. Kgosientsho Ramokgopa, South Africa’s Minister of Electricity and Energy, said the country was entering a decisive decade, telling the conference that the IRP 2025 investment pipeline would not only add generation and transmission capacity, but also support lasting infrastructure and industrial development.
Beyond energy generation, PowerChina is also contributing to water infrastructure that supports electricity supply, industrial activity and local communities.
The Mokolo - Crocodile Water Augmentation Project Phase 2A is a major water infrastructure project under South Africa's National Water Resource Strategy that is expected to deliver 75 million cubic metres of water annually, once completed.
The project will help secure water supplies for the Medupi and Matimba power stations, support development in the Waterberg mining area and provide water to industrial facilities, municipalities and communities along the route.
PowerChina also highlighted local procurement, subcontracting and skills development initiatives through its project delivery in South Africa.
At the Redstone project, for example, it established a welding training centre and worked with a local university to provide technical education linked to concentrated solar power.
Read more:
Ivory Coast sanctions new power projects
Volvo Trucks South Africa marks 250,000 km milestone as customer-operated electric trucks accelerate sustainable freight transport. (Image source: Volvo)
Volvo Trucks South Africa has marked a major milestone in its electromobility journey, with its customer-operated electric truck fleet surpassing 250,000 km since the vehicles were first introduced to the local market in 2023
The achievement highlights the growing adoption of battery-electric trucks across a range of commercial transport applications.
The fleet has been operating in diverse environments, helping customers reduce emissions while gaining first-hand experience in electric transport operations. The milestone was achieved using Volvo's current generation of heavy-duty electric truck models.
"While a quarter of a million kilometres may seem modest compared with the more than 400 million already accumulated by Volvo electric trucks globally, it represents a significant achievement in the South African context, where the majority of Volvo electric trucks are operating on shorter-route and urban distribution applications," said Eric Parry, senior manager sustainable solutions at Volvo Trucks South Africa.
Across the customer fleet, the vehicles are averaging approximately 2,000 km per month, while the highest-utilisation trucks consistently record around 10,000 km per month. Average energy consumption across the fleet stands at 1.77 kWh/km, covering a range of applications from eight-tonne 4x2 trucks carrying payloads of five to seven tonnes to 6x4 tractor units hauling interlink trailers with payloads exceeding 32 tonnes.
The milestone reflects customers' confidence in Volvo Trucks' electric mobility solutions and demonstrates that battery-electric trucks can reliably support everyday commercial transport operations.
Reflecting on the progress, Parry said, "Our customers have embraced this technology with a willingness to learn, adapt and pioneer new ways of operating. Reaching a quarter of a million kilometres is not only a testament to the capability of the trucks, but also to the commitment of the customers and drivers who are making this achievement possible."
The operational data collected over the past two years has also provided valuable insights into charging strategies, vehicle utilisation, uptime requirements and driver experience under real-world South African operating conditions.
All customer fleets currently charge their electric trucks either at depots or loading and off-loading facilities using their own charging infrastructure. Depending on operational requirements, customers utilise a combination of overnight slow charging and fast top-up charging.
"One of the most satisfying aspects of this journey has been seeing electric trucks move from being a future concept, to becoming part of everyday transport operations," said Parry. "Every kilometre travelled helps build confidence in the technology and strengthens the business case for broader adoption."
To support fleet operators, Volvo Trucks provides specialised dealer and workshop services for electric vehicles, including real-time battery pack monitoring, dedicated 24/7 roadside assistance and range prediction tools.
Next-generation electric trucks on the horizon
Building on the experience gained to date, Volvo Trucks South Africa is preparing to introduce its next generation of electric trucks later this year. The new models will offer longer operating ranges and additional power options, enabling electric transport solutions to be deployed across an even wider range of applications.
"The trucks currently operating in South Africa are laying an important foundation for what comes next. With increased range and capability on the horizon, we are excited about the opportunities the next generation of electric trucks will bring," explained Parry.
As more fleet operators begin adopting battery-electric transport, Volvo Trucks South Africa views the 250,000 km achievement as an important step in the country's transition towards cleaner commercial mobility.
"While a quarter of a million kilometres is an important milestone, it is what those kilometres represent that matters most: growing customer confidence, valuable operational experience, and a foundation for the next generation of electric transport," said Parry.
MMD Africa is set to present its expanded range of mining and material handling technologies at Electra Mining Africa 2026, with a focus on helping mining operations enhance productivity, control operating expenditure and adapt to changing industry requirements
The company has established its position in the mining sector through its Mineral Sizers, Apron Plate Feeders, Sizer Stations and In-Pit Sizing and Conveying (IPSC) systems, providing technologies designed to improve the movement and processing of material across mining operations.
MMD Africa has further broadened its offering through its appointment as the official Southern African distributor for MAGNA, Terex’s heavy-duty range of mobile crushing, screening and conveying equipment. The expanded portfolio combines equipment with local engineering capabilities and aftermarket support.
At the event, MMD Africa will focus on the benefits of combining different technologies to address material handling requirements, rather than relying on individual pieces of equipment. The company will demonstrate how its fixed and mobile solutions can be integrated across mining and quarrying operations.
Among the equipment on display will be the MAGNA MT120J Jaw Crusher, which will make its Southern African debut at Electra Mining Africa 2026. The exhibition stand will also feature MMD Africa’s Mineral Sizers, Apron Plate Feeders, Sizer Stations and IPSC systems, alongside the wider MAGNA range of high-capacity mobile crushing, screening and conveying equipment.
Mining companies are increasingly dealing with challenges including deeper open pits, higher haulage costs, more complex ore bodies, shortages of skilled personnel and rising sustainability requirements. These pressures are increasing the need for material handling technologies capable of delivering higher productivity while helping operators manage total ownership costs.
MMD Africa’s combination of fixed and mobile equipment, supported by decades of engineering expertise, enables the company to address requirements across several stages of the mining value chain. Its solutions cover applications ranging from primary sizing and crushing to conveying and material handling, with the aim of improving operational performance, equipment reliability and long-term mine planning.
The company’s support extends beyond its equipment range, with MMD Africa providing technical expertise, engineering services and aftermarket assistance throughout the operating life of its installations.
Electra Mining Africa 2026 will give mining professionals the opportunity to meet MMD Africa’s engineering team, discuss specific operational requirements and consider solutions tailored to their material movement challenges.
MMD Africa will exhibit at stand YE01, where visitors can explore its expanded portfolio of crushing, sizing and conveying technologies and learn how these solutions can help mining and quarrying operations improve efficiency and respond to evolving industry demands.
Bolt Business, the corporate mobility solution from Bolt, has reported double-digit growth in Nigeria over the past year
The company said in a statement that it underscores increasing demand from firms seeking smarter, more efficient ways to manage employee transportation and business travel.
Over the past 12 months, growth was driven by expanding adoption across multiple industries, a rise in demand from small and medium-sized enterprises (SMEs), and an increasing number of organisations seeking alternatives to managing in-house transport fleets.
“Businesses today are looking beyond transportation, they’re looking for smarter ways to optimise operations and manage costs,” said Isaac Iroko, country manager, Bolt for Business Nigeria.
“We've seen organisations across different sectors embrace Bolt Business because it gives them a simple, reliable and transparent way to manage employee travel, whether it's daily commutes, client meetings or business trips. This growth demonstrates that corporate mobility is becoming an increasingly important part of business efficiency in Nigeria.”
Bolt Business serves organisations across a range of industries, including financial services, technology, healthcare, professional services, manufacturing, logistics, media, real estate and fast-growing consumer businesses.
Its client portfolio includes the likes of First Bank, Access Bank, PricewaterhouseCoopers, Boston Consulting Group, Interswitch, Glovo and Pfizer Specialties.
Others clients include Chowdeck, Premium Times Centre for Investigative Journalism, News Central, IWOSAN Lagoon Hospitals, Avon Healthcare, UAC Foods, MRS, China Harbour Engineering Company Nigeria, CAPPA & D'Alberto and ValueJet.
In its statement, Bolt Business said its recent growth reflects a broader shift in how Nigerian businesses approach corporate mobility.
Rather than maintaining expensive vehicle fleets or relying on fragmented transport arrangements, more organisations are adopting digital mobility platforms that offer greater transparency, control and operational efficiency.
Unlike traditional fleet management, Bolt Business enables companies to centralise transportation through a single platform, providing features such as centralised billing, trip reporting, spending controls and real-time visibility into employee travel.
These capabilities help businesses improve oversight while reducing the administrative burden associated with corporate transportation.
The company intends to strengthen relationships with existing customers by introducing solutions tailored to industries with frequent employee mobility needs, including healthcare, financial services, legal services and logistics.
“Nigeria's business landscape is evolving rapidly, and organisations are under increasing pressure to operate more efficiently,” Isaac added.
“We see a significant opportunity to help businesses replace inefficient transport processes with smarter mobility solutions that improve visibility, simplify expense management and support business growth. Our focus remains on building products that create value for organisations of every size while delivering a seamless experience for their employees.”
Read more:
AfDB backs Morocco's first integrated LFP battery gigafactory
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
Arridex has officially commissioned its Omnifactory in Lagos, marking the launch of West Africa’s first multi-technology industrial additive manufacturing facility
The commissioning ceremony was led by Babajide Sanwo-Olu, governor of Lagos state, and brought together senior government representatives, industry stakeholders, members of the diplomatic community and investment delegates participating in the Invest Lagos 3.0 forum.
The Invest Lagos delegation featured participants from the forum’s panel discussion on The Future of Technology and Innovation, where Kayode Adeleke, group CEO of Arridex, highlighted the importance of technology and innovation in advancing Africa’s industrialisation. His insights were shaped by Arridex’s operational experience across sectors including oil and gas, maritime, aerospace, defence, construction and manufacturing.
The Arridex Omnifactory brings together several additive manufacturing technologies within one facility, including Laser Powder Bed Fusion (L-PBF), Cold Spray, Fused Filament Fabrication (FFF) and Selective Laser Sintering (SLS). The facility enables the production of industrial components, spare parts and enhanced part designs for critical industries, while its large-format manufacturing capabilities support the creation of full-scale marine components and other large industrial structures.
The commissioning of the Omnifactory represents the transformation of two decades of accumulated expertise into a dedicated industrial manufacturing platform. Arridex commenced operations in 2005 as an asset integrity company serving Nigeria’s oil and gas industry before expanding its capabilities into maritime, defence, construction, technology and aerospace sectors. The company has achieved zero lost-time incidents across more than seven million operational man hours.
The next chapter of global manufacturing can be written from Lagos
For Nigeria and West Africa, the Arridex Omnifactory addresses long-standing challenges associated with dependence on imported industrial components. Companies operating ageing infrastructure have often faced extended procurement timelines, complex international supply chains and the growing challenge of sourcing legacy parts from manufacturers that may no longer exist. Through the Omnifactory, Arridex will enable these components to be manufactured on demand within Lagos.
Arridex has received Pioneer Status in additive manufacturing from the Nigerian Investment Promotion Commission (NIPC). The company is also the first organisation qualified by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for additive manufacturing deployment in the oil and gas sector. In addition, its joint venture partnership with the Defence Industries Corporation of Nigeria (DICON) supports the local production of military-grade additive manufactured components.
Further strengthening its position in the global additive manufacturing ecosystem, Arridex is the first African member of the Additive Manufacturer Green Trade Association (AMGTA). The company is also a Designated Strategic Partner of the Commonwealth Enterprise and Investment Council (CWEIC), with Kayode Adeleke serving on the CWEIC Global Advisory Council.
"Today, I opened West Africa's first multi-technology industrial additive manufacturing facility in Lagos. By producing industrial components and spare parts here in Lagos, Arridex is helping to reduce our dependence on imports, strengthening critical industries and supporting economic growth," commented Sanwo-Olu.
"I commend the Arridex team for their vision and commitment to building solutions that serve not only Nigeria but the wider African continent. Lagos will continue to support investments that create opportunities, grow local capacity and position our state as a hub for innovation and industry."
“We did not set out to build the biggest company, but a resilient one. For over two decades, we have chosen the harder path, and that is to make in Africa what others import, to meet global standards without exception, and to put purpose before profit. The Arridex Omnifactory is where that conviction becomes infrastructure. The name on the door is new, but the work behind it is not. We are not stopping here. By the first quarter of 2027, we will commission the Arridex Mega Omnifactory, which will stand among the largest single-site industrial additive manufacturing facilities in the world. The next chapter of global manufacturing can be written from Lagos. We are building it.” concluded Adeleke.
