cb.web.local
Komatsu
Wavemaker (MSC)
Kal tire
GTS NA 2026
OWI EU 2026
OWI WA 2026

twitter Facebook Linkedin acp Contact Us

In The Spotlight

Glencore driving DRC's copper mining growth

Mining

Mining giant Glencore has reached an agreement with Gécamines regarding land access for Kamoto Copper Company (KCC) in the Democratic Republic of Congo (DRC)
 
The agreement unlocks a package of long-term mining titles and leases, including expansion of a tailings storage facility and waste rock dump capacities, enabling KCC life of mine extension.
 
“This agreement will allow us to unlock the full potential of KCC by increasing efficiencies at the mine, facilities and other key infrastructure requirements,” said Mark Davis, chief operating officer of Glencore Copper Africa region.
 
“It will also help us to achieve our c.300,000 tonne per annum copper production long-term target and extend KCC’s life of mine into the mid-2040s.”
 
The agreement with Gécamines also allows Glencore the ability to maximise recovery of ore reserves within existing KCC exploitation permits, including from the KOV and T17 mining areas.
 
Gécamines maintains the rights to any ore reserves extracted from within the leased land package.
 
“The agreement aligns with the Glencore Copper Strategy of continuing to offer volume upside and longevity to Glencore’s Copper Africa Region,” said Jon Evans, industrial lead copper at Glencore.
 
Copper is critical for power, construction and the green energy transition with mining companies competing to expand production through organic growth, acquisitions and other deals.
 
The closing of the agreement with Gécamines is subject to the registration of the mining titles lease agreements in the mining cadastre, which is expected to occur in the coming months, a Glencore statement noted.
 
Read more:
 
 

South Africa is reforming its energy landscape (Image source: Adobe Stock)

Energy

BluEnergy Trading has been granted a multi-year energy trading licence by the National Energy Regulator of South Africa (NERSA)

It marks a significant regulatory milestone that unlocks a new era of power access for South African municipalities, the company noted in a statement.

A part of JSE-listed Blu Label Unlimited group, BluEnergy said the move empowers it to deliver renewable energy solutions by connecting municipalities, independent power projects (IPPs) and energy users, ensuring a more resilient and cost-effective energy supply for local communities.

“This licence is a critical enabler of BluEnergy’s strategy — it allows us to actively participate in the buying and selling of power,” said Aaron Suckerman, CEO of BluEnergy.

“By combining long-term power purchase agreements with proven prepaid revenue collection and settlement infrastructure, we are removing the barriers to entry and providing municipalities with a secure, long-term solution for their energy needs.”

BluEnergy’s execution and delivery capability is underpinned by its partnership with Cigicell, a leading provider of prepaid electricity vending and revenue assurance systems embedded in more than 95 municipalities across nine provinces.

NERSA’s approval positions BluEnergy to play a central role in South Africa’s power sector reform agenda which aims to increase private sector participation, enhance energy security and accelerate the transition to renewable energy.

The company operates through three specialised entities spanning project development: asset ownership, operations and maintenance, and energy procurement and trading.

“This robustly integrated approach enables BluEnergy to manage the technical and commercial aspects of energy delivery, grid integration, wheeling frameworks and contractual performance,”the company’s statement added.

“The model is designed to support localised generation and efficient energy flows, offering end-to-end solutions for municipalities and energy users.”

Mark Levy co-CEO of Blu Label Unlimited, added that the licence reflects the group’s long-term commitment to infrastructure-led growth in South Africa.

“Energy accessibility is a foundational marker of economic growth and social development,” he said.

“BluEnergy’s ability to act as both offtaker and trader, supported by Blu Label’s strong balance sheet and fintech capabilities, positions the business to deliver sustainable energy solutions at scale while contributing meaningfully to national energy transition and decarbonisation.”

By enabling efficient energy management and reliable offtake, the company also aims to support improved municipal resilience, financial performance and service delivery that help create conditions for broader economic growth and development.

With regulatory approval secured, BluEnergy stated that it will now focus on “aggressively” building out its project pipeline, operationalising trading activities in line with its mandate to support South Africa’s transition to a more resilient, decentralised and sustainable power system.

Read more:

Uganda signs Amari transmission deal with Gridworks

GE powers South Africa's first landfill gas projects

Bobcat launches new generators for Africa market

 

AD Ports Group and two UAE based investors will hold a combined 60% stake in the operating company, alongside Africa Ports Development LTD with 40%. (Image source: AD Ports Group)

Logistics

AD Ports Group has entered Africa Ports Development’s 30 year concession to develop and operate a new dry bulk terminal at the Port of Douala in the Republic of Cameroon, marking a further expansion of its African footprint

Under the agreed investment framework, AD Ports Group and two UAE based investors will hold a combined 60% stake in the operating company, alongside Africa Ports Development LTD with 40%. This structure translates into an effective economic interest of 51% for AD Ports Group.

Aligned with its ownership share, AD Ports Group’s portion of the phase 1 investment is projected at approximately AED 320 million, (approx. US$87mn). The first phase will deliver two berths and roughly 450 metres of quay wall, with an annual handling capacity of about 4 million tonnes of dry bulk commodities including clinker, gypsum, fertiliser and grain.

Construction is scheduled between 2026 and 2028 and will be undertaken in close coordination with the Port Authority of Douala to respond to sustained demand at Cameroon’s main maritime gateway.

Mohamed Eidha Al Menhali, Regional CEO - AD Ports Group, said, “This agreement represents a strategically important expansion of AD Ports Group’s presence in Africa and reinforces our commitment to developing high-impact maritime infrastructure in high-growth markets, in line with the vision of our wise leadership. The Douala dry bulk terminal will enhance trade resilience, support industrial development, and strengthen Cameroon’s role as a gateway to Central Africa.”

Al Menhali added: “Through our partnership with Africa Ports Development, we are combining local market expertise with AD Ports Group’s global capabilities in port development and operations to support the Port Authority of Douala’s plans to modernise and enhance Douala Port, enabling regional trade and long-term economic growth. We commend the Port Authority for the significant progress achieved in recent years, which has driven strong growth in Cameroon’s maritime sector, and we look forward to contributing further to its long-term development ambitions.”

Marc Tabchy, managing partner of Africa Ports Development, said,“We are honoured to bring this partnership to life with AD Ports Group, a global reference that shares our firm belief in this project, in Cameroon, and in the potential of the African continent. Building upon the opportunity provided by the Port Authority of Douala’s modernisation and specialisation initiatives, this collaboration establishes a strategic synergy combining our group’s ambition and regional depth with AD Ports Group’s operational excellence.”

Situated at the Port of Douala, Cameroon’s largest seaport and the primary entry point for bulk imports, the new terminal is expected to reinforce regional supply chains and improve the handling efficiency of essential cargo streams. The port also functions as a vital transit corridor for landlocked markets across Central Africa, and the project will benefit from established hinterland connections linking Douala to major industrial zones and regional trade routes.

The development forms part of AD Ports Group’s broader growth strategy across the continent, building on its existing operations and investments in Egypt, Morocco, Tunisia, Kenya, Tanzania, Angola and the Republic of the Congo, and strengthening its role as a key partner for trade, logistics and enabling infrastructure in Africa.

 
 
Conexpo
OWI WA 2026
African Review

  • 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.

Top Stories

Grid List

Energy

South Africa is reforming its energy landscape (Image source: Adobe Stock)

Energy

BluEnergy Trading has been granted a multi-year energy trading licence by the National Energy Regulator of South Africa (NERSA)

It marks a significant regulatory milestone that unlocks a new era of power access for South African municipalities, the company noted in a statement.

A part of JSE-listed Blu Label Unlimited group, BluEnergy said the move empowers it to deliver renewable energy solutions by connecting municipalities, independent power projects (IPPs) and energy users, ensuring a more resilient and cost-effective energy supply for local communities.

“This licence is a critical enabler of BluEnergy’s strategy — it allows us to actively participate in the buying and selling of power,” said Aaron Suckerman, CEO of BluEnergy.

“By combining long-term power purchase agreements with proven prepaid revenue collection and settlement infrastructure, we are removing the barriers to entry and providing municipalities with a secure, long-term solution for their energy needs.”

BluEnergy’s execution and delivery capability is underpinned by its partnership with Cigicell, a leading provider of prepaid electricity vending and revenue assurance systems embedded in more than 95 municipalities across nine provinces.

NERSA’s approval positions BluEnergy to play a central role in South Africa’s power sector reform agenda which aims to increase private sector participation, enhance energy security and accelerate the transition to renewable energy.

The company operates through three specialised entities spanning project development: asset ownership, operations and maintenance, and energy procurement and trading.

“This robustly integrated approach enables BluEnergy to manage the technical and commercial aspects of energy delivery, grid integration, wheeling frameworks and contractual performance,”the company’s statement added.

“The model is designed to support localised generation and efficient energy flows, offering end-to-end solutions for municipalities and energy users.”

Mark Levy co-CEO of Blu Label Unlimited, added that the licence reflects the group’s long-term commitment to infrastructure-led growth in South Africa.

“Energy accessibility is a foundational marker of economic growth and social development,” he said.

“BluEnergy’s ability to act as both offtaker and trader, supported by Blu Label’s strong balance sheet and fintech capabilities, positions the business to deliver sustainable energy solutions at scale while contributing meaningfully to national energy transition and decarbonisation.”

By enabling efficient energy management and reliable offtake, the company also aims to support improved municipal resilience, financial performance and service delivery that help create conditions for broader economic growth and development.

With regulatory approval secured, BluEnergy stated that it will now focus on “aggressively” building out its project pipeline, operationalising trading activities in line with its mandate to support South Africa’s transition to a more resilient, decentralised and sustainable power system.

Read more:

Uganda signs Amari transmission deal with Gridworks

GE powers South Africa's first landfill gas projects

Bobcat launches new generators for Africa market

 

Eritrea to get solar mini-grid system (Image source: Adobe Stock)

ABB deploys high performance rectifier and controller technology to stabilise power at MMC refinery in Mbombela. (Image source: ABB)

Construction

XCMG loaders drive urban construction across Africa. (Image source: XCMG)

Construction

Across construction sites in Africa, XCMG ZL50GN wheel loaders are playing a key role in shaping new urban developments

Constantly on the move, the machines are used for land levelling, site preparation, and the removal of excess soil and construction waste, directly supporting local infrastructure growth.

“XCMG is a household name here. It’s powerful, durable, and offers excellent value for money; everyone in the industry likes it.” This strong reputation is reinforced by the ZL50GN’s robust performance. Equipped with a powerful engine and designed for efficient operation, the loader enables contractors to maintain construction schedules and meet demanding project timelines.

Many African urban construction projects begin at the fringes of cities, often close to jungle terrain. These sites present challenging and unpredictable conditions, including large stones, dense tree roots, thick vegetation, and mixed urban debris. Such environments place high demands on equipment versatility and reliability. The ZL50GN is engineered to perform effectively under these conditions, offering both flexibility and strength.

With a 3300 mm wheelbase, the machine strikes a balance between manoeuvrability and operational stability. Its 162kW power output generates a maximum digging force of 175kN and a maximum traction force of 160kN, allowing it to manage a wide range of materials with ease.

“XCMG makes material handling easy and fast, significantly improving our work efficiency,” a driver at the project site gave sincere feedback.

“The operation is very simple, easy to learn and quick to master, allowing team members without XCMG driving experience to quickly adapt and get to work.”

Operator comfort and safety are also central to the ZL50GN’s design. The cab features an adjustable steering wheel, seat, and pilot handle, enabling operators to tailor the working environment to their personal preferences. The pilot control system offers smooth, accurate handling, while the wide field of vision enhances safety during operations.

Once site clearing is complete, the construction phase progresses efficiently. The ZL50GN handles the transport and placement of standard building materials with consistent reliability. Its heavy-duty structural components and high-torque, high-efficiency transmission system ensure stable output, even during intensive operations such as the transfer of high-density sand and gravel.

As part of its ongoing internationalisation strategy, XCMG remains focused on delivering engineering equipment that is practical, durable, and easy to use. By supporting customers with reliable machinery tailored to real-world working conditions, the company continues to partner with contractors across Africa in driving sustainable construction progress and shared success.

Generation 6 ESP.4 expands multi-purpose handling options with electric drive technology for growing seaside and river ports. (Image source: Konecranes)

Caterpillar launches the new Cat 707 wide body truck.

Mining

The rebuilt Sandvik hydraulic hammer is ready for installation at site. (Image source: Sandvik Rock Processing)

Mining

Sandvik Rock Processing has finalised a comprehensive OEM-level refurbishment of a Sandvik BR3288i hydraulic breaker and a Sandvik BB8094R breaker boom for a leading gold mining operation in Ghana

The project restored a key component of the site’s primary crushing circuit, with the rebuild, reinstallation and commissioning delivering measurable gains in equipment availability and output. Ongoing quarterly inspections and technical support from the company’s Kumasi-based team continue to reinforce performance.

The refurbishment was carried out at Sandvik Rock Processing’s fully equipped workshop in Kumasi. The breaker and boom assembly are installed at the mine’s run-of-mine grizzly, where oversized rocks generated during blasting are reduced to prevent blockages and maintain smooth material flow into the crusher.

“This project restored a vital asset that plays a central role in the mine’s primary crushing circuit,” commented Amos Fordjour, senior service technician at Sandvik Rock Processing. “Our extensive rebuild has returned the machine to OEM performance standards, significantly improving the mine’s reliability and production continuity.”

After more than five years in operation, the equipment was scheduled for refurbishment. Work commenced on site, where the 11 tonne boom assembly was dismantled using the mine’s crane infrastructure before being transported over a three-hour journey to the Kumasi workshop.

“Once in the workshop, our technicians stripped the units completely - checking for critical components such as pins, bushings, cylinder seals and mounting brackets that required replacement,” remarked Fordjour. “The boom was sandblasted and inspected for cracks, the hydraulic cylinders were rebuilt and pressure-tested and the hammer was fully refurbished.”

Haqq Abdul Rahman, graduate technician at Sandvik Rock Processing, highlighted the importance of parts availability in reducing turnaround times. He explained that mines frequently face challenges with oversized rocks at the run-of-mine grizzly, and temporary mobile breakers often require considerably more time to handle the material.

“It was important that we controlled the turnaround time on this project so the mine could put the equipment back to work as soon as possible,” said Rahman. “This particular unit breaks oversized rocks much faster than the smaller mobile units that the mine had to rely on while this one was being refurbished.”

The Sandvik BB8094R breaker boom, rated at 55 kW input power, provides a maximum reach of 12.7 m, with nominal horizontal and vertical reaches of 9.8 m and 9 m respectively, and a full 360° swing capability. The 2.3 tonne Sandvik BR3288i hydraulic breaker incorporates an operating principle that optimises stroke length, blow energy and includes an idle blow protector, enabling adaptability across applications while enhancing hydraulic efficiency and operational safety.

Fordjour underscored the role of strict quality control procedures throughout the refurbishment.

“We follow strict operating procedures and standards in everything we do,” continued Rahman. “This includes using only genuine Sandvik parts which allows us to guarantee the quality of both the components and the workmanship.”

Following workshop completion, Sandvik Rock Processing teams returned to site for installation and commissioning. The three-week process required detailed coordination around crane usage, electrical integration, positioning and safety compliance.

“We work very closely with customers during removal, installation and commissioning,” Fordjour noted. “In this case, the mine provided the cranes and support equipment and we handled all the technical work; that collaboration is critical.”

Rahman explained that the restored boom and breaker now offer enhanced structural integrity, precise OEM clearances and improved swing performance, supporting efficient energy transfer and high twist resistance under demanding impact conditions.

“For the mine, the biggest impact is uptime and production,” said Rahman. “Without this breaker, their crushing circuit slows down considerably; now that it is back to full performance and production is consistent again.”

Post-commissioning support remains ongoing, with Sandvik Rock Processing conducting quarterly inspections to assess pins, seals and overall structural condition, while maintaining readiness for service interventions whenever required.

Glencore driving DRC's copper mining growth

Weir designates its upgraded Alrode facility as the global manufacturing centre for ENDURON Elite screens. (Image source: Weir)

Logistics

UK heavy-duty trailers set for Ivory Coast

Logistics

UK procurement company Rainbo Supplies is to provide 20 heavy-duty trailers to Ivory Coast after securing financial support from UK Export Finance (UKEF), the British government’s export credit agency

The contract is worth £4mn (US$5.5mn) with the trailers to be provided by an undisclosed UK manufacturer and utilised for the construction, mining and agricultural sectors.

Ivorian company EKDMC is purchasing the goods and services from Rainbo, facilitated by a loan guarantee issued by UKEF to London Forfaiting Company (LFC), creating an opportunity for UK suppliers in one of Africa’s largest economies.

The new contract marks Rainbo’s second partnership with UKEF and LFC in less than six months, following a successful deal with a Ugandan construction firm.

“Securing yet another UKEF-backed deal in less than a year is a tremendous achievement for our team and a testament to the strong, long-term relationships we have built with our clients, suppliers, and partners,” said Steve Quigley, managing director at Rainbo.

“Through close collaboration and a shared commitment to excellence, we continue to deliver best-in-class support and services across Africa,” he added.

“This contract with EKDMC opens up exciting new opportunities in the region and reinforces our confidence in continued sustainable growth.”

Its earlier Ugandan contract involved the supply of machinery, vehicles and equipment for the mining, transport and processing sectors on behalf of local construction and consultancy firm IBBI, which is setting up a granite quarry and an asphalt production plant.

Paul Wright, head of UK marketing at LFC, said the latest Ivorian deal supports both the UK exporter as well as the overseas buyer in a developing market.

“This deal is a further demonstration of the value of LFC’s ongoing partnership with UKEF, enabling buyers to access the flexible finance they need to purchase UK goods and services.”

Read more:

MSC expands intermodal logistics across Africa

South Africa's largest private freight rail investment

Ascon launch to boost Africa's supply chain

 

RFQ marks first step in private sector participation process to strengthen operations and attract private investment

AD Ports Group and two UAE based investors will hold a combined 60% stake in the operating company, alongside Africa Ports Development LTD with 40%. (Image source: AD Ports Group)

Finance

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

Finance

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

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

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

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

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

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

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

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

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

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

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

Read more:

AFC, Eaglestone share the Lobito limelight

Afreximbank backs Heirs Energies expansion

Dangote secures landmark US$4bn refinancing deal

Afreximbank accession to help power South Africa’s economy (Image source: Adobe Stock)

Revitalising Nigeria’s power industry. (Image source: AFC)

Manufacturing

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

Manufacturing

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

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

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

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

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

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

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

Modular design is the key to streamline product portfolios

Toyota Tsusho’s TTMG acquires Toyota and Hino distributor in Ghana, strengthening mobility services and local operations

More Articles