In a deal that reflects growing interest in Africa’s energy sector, Abu Dhabi’s ePointZero is acquiring a 90% stake in Azura Power, marking a major entry into the continent’s power generation market

The deal also provides Azura with the long-term capital and strategic backing needed to accelerate its expansion and help address Africa’s growing electricity deficit.

Azura Power operates 752 MW of operational capacity across three assets, all underpinned by long-term power purchase agreements:

Nigeria: Azura-Edo (461 MW)

Senegal: Tobene (116 MW)

Mozambique: CTRG (175 MW)

"Reliable power is fundamental to economic growth, industrial development and long-term prosperity,” said Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, chairman of 2PointZero.

“This investment through ePointZero reflects our commitment to deploying long-term capital into critical infrastructure that can support that growth in key markets across Africa.”

Development pipeline

The funding also offers a platform to Azura Power to pursue its current development pipeline, which comprises more than 1.5GW of gas, renewable and BESS projects across the continent.

Dave Peacock, Azura Power’s CEO, called the transaction a significant milestone for the company.

“Azura is well positioned to build on its strong foundations, broaden its opportunity set and accelerate its growth across Africa's energy sector,”he said.

Africa's power market is entering a period of sustained investment as population growth, urbanisation and industrial development drive demand for new generation capacity.

Electricity demand across the African region is expected to nearly double by 2040.

Yet, electricity access across sub-Saharan Africa remains at roughly 55% according to the World Bank, underscoring both the scale of infrastructure needs and the opportunity for long-term private capital.

Transaction terms

Under the transaction terms, ePointZero has partnered with Amaya Capital to establish an acquisition vehicle, through which ePointZero will acquire the respective ownership stakes of Actis and Africa50.

Amaya Capital, Azura Power's founding partner, will retain a minority interest of 10%, underscoring its continued confidence in the future growth of the platform it founded in 2010.

Completion of the transaction is subject to customary regulatory approvals and closing conditions.

Mariam Almheiri, vice chair and managing director, 2PointZero, said the deal reflects its approach to investing in businesses with strong fundamentals, local expertise, and long-term value.

It continues other recent interest by the company in Africa’s expanding energy sector, including an investment in Egypt’s Elsewedy Electric.

Mohamed Hesham, CEO of ePointZero, said Azura Power brings together many of the qualities it looks for in an energy platform: critical operating assets, an experienced management team and a strong position in markets with significant long-term power needs.

“We are acquiring a business built on nearly a decade of disciplined execution, with significant opportunity to support its continued growth as demand for reliable power infrastructure across the continent accelerates,” he said.

“Together with our strategic investment in Elsewedy Electric and its established industrial and EPC presence across Africa, our acquisition of Azura Power deepens ePointZero's capabilities in energy and infrastructure and positions us to pursue new opportunities across Africa's evolving energy markets."

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XCMG has accelerated deliveries of road and construction machinery and equipment in Angola and Mozambique — reflecting the expanding role of Chinese equipment manufacturers in Africa’s infrastructure and mining sectors

The company announced in a statement that it is also supporting road construction, lifting, aerial access and green mining projects in territories in Southeast Asia and South America, as well as Mozambique.

Deliveries include more than 100 units of integrated road construction equipment in Angola, nearly 300 crawler cranes across Southeast Asia and 80 aerial work platforms in South America.

“In Mozambique, XCMG delivered an integrated road construction solution and deployed a fully electric mining excavator, highlighting its broad portfolio and localised service capabilities,” the statement read.

Its latest deliveries highlight not only commercial growth, but also the broader China–Africa partnership in infrastructure development, while the introduction of electric machinery points to a growing focus on more efficient and lower-emission technologies.

Angola: road construction projects

The announcement is particularly significant for XCMG in Angola given its scale.

“Representing Angola’s largest single procurement order for conventional construction machinery in a decade, the delivery included crushing and screening, earthmoving and road construction equipment, covering the process from aggregate production to road paving,” XCMG noted.

It also marked the first batch introduction of mobile and stationary crushing plants to Angola, it added.

“The equipment will serve key road projects, supporting infrastructure development and China-Africa cooperation.”

The statement reported that XCMG managed manufacturing, quality control, logistics and after-sales support, ensuring on-time delivery for the Angolan orders.

Mozambique: infrastructure and mining

In Mozambique, its integrated solutions will support various infrastructure work and green mining developments.

“In Mozambique, XCMG introduced an integrated road construction solution and deployed a fully electric mining excavator to support infrastructure upgrades and greener mining operations,” the statement read.

“In Beira, a key transport hub facing ageing pavements, equipment shortages and limited asphalt capacity, XCMG delivered a solution covering asphalt production, paving, compaction and rehabilitation,” the company said.

“The equipment, including asphalt mixing plants, pavers and cold recyclers, supports new road construction, reconstruction and maintenance, improving efficiency and road quality.”

It includes the deployment of the XE1350E, which XCMG said marked Mozambique's first introduction of an electric mining excavator.

The zero-emission, low-noise machine features intelligent real-time fault monitoring and combines high productivity with low energy consumption.

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Its presence at Electra Mining Africa 2026 confirmed to SEW-EURODRIVE that customers are seeking not only the highest levels of innovation and workmanship, but also comprehensive support throughout the full lifecycle of their drive solutions

This commitment to lifecycle support has been central to SEW-EURODRIVE's evolution in Africa in recent years, including its ambitious Phase 2 development at its headquarters in Aeroton, according to Jonathan McKey, National Sales and Marketing Manager at SEW-EURODRIVE.

"Our objective has been to further strengthen our trusted partnerships by localising more capabilities and supporting customers across the full lifecycle of their equipment," McKey explained.

"Customers know us as a reliable original equipment manufacturer (OEM) and we have now strengthened that relationship through additional engineering services, faster turnaround times, greater quality control and a genuine single-source solution for drivetrain support."

This broader engineering philosophy was demonstrated at Electra Mining Africa, where visitors experienced the company's integrated approach to drivetrain support. SEW-EURODRIVE showcased technologies spanning intelligent drive systems, condition monitoring and digital diagnostics. Its DriveRadar predictive maintenance system attracted particular interest, alongside its energy optimisation tools and medium-voltage motor solutions.

"Rather than presenting these as standalone products, the exhibition allowed us to demonstrate how they integrate into a complete lifecycle support strategy for mining and industrial operations," he said.

"We were able to share our depth of engineering expertise with visitors and demonstrate the extent of our local investment, which enables us to provide the comprehensive lifecycle support they are looking for."

A significant element of SEW-EURODRIVE's strategy is its continued investment in local infrastructure. By bringing more engineering capabilities in-house, the company has reduced its dependence on multiple subcontractors, improving quality assurance while shortening repair lead times. Capabilities within the recently completed Phase 2 development include motor rewinding, steel fabrication, shaft manufacturing, stress relieving, sandblasting and complete load testing.

"This approach gives us tighter control over repair standards and pricing," remarked McKey. "It also gives customers confidence that critical drivetrain assets are restored to OEM specifications."

Complementing these capabilities are the company's Experience Centres, where customers can evaluate proposed solutions through simulations. Willem Strydom, Business Development Electronics Manager at SEW-EURODRIVE, explains that many customers want to pursue productivity improvements and greater energy efficiency, but cannot simply stop production to test new technologies.

"We have therefore invested in Experience Centres where we can replicate real applications," Strydom says. "Here, we can compare existing equipment with proposed solutions and allow customers to see the results before making an investment decision."

Applications such as conveyors and automation systems can be replicated, enabling customers to test SEW-EURODRIVE's software, hardware and energy optimisation strategies before implementation.

"This significantly reduces implementation risk for operations that cannot afford unplanned downtime," he stated. "Visitors to our exhibition stands at Electra Mining Africa responded very positively to this practical demonstration capability."

McKey emphasises that these investments have been made with a clear focus on improving both equipment performance and customer sustainability.

"Customers come to us for solutions, so we focus on engineering the complete package," he commented. "This starts with selecting the correct equipment and extends to supporting the installation, programming and lifecycle management that ensures it delivers the expected performance."

Importantly, these services are offered not only for SEW-EURODRIVE equipment but also for drive-related assets from other OEMs. The company's expanded engineering capability enables it to develop technical solutions for a wide range of brands and components.

He also highlights the value of SEW-EURODRIVE's consultative engineering approach.

"This means we begin engaging well before a purchase decision is made," McKey said. "Our engineering teams review a customer's initial specification and analyse the application to determine whether a more efficient solution is available."

Using detailed energy assessments and application studies, engineers can frequently identify opportunities to optimise drive sizing, reduce installed power and lower operating costs without compromising production performance.

"These engineering interventions improve both energy efficiency and total cost of ownership, while helping customers meet increasingly demanding sustainability targets," he explains.

Strydom notes that digitalisation is becoming an increasingly important component of SEW-EURODRIVE's strategy. Intelligent condition monitoring enables maintenance teams to identify developing problems long before they become critical failures, allowing planned intervention rather than costly emergency repairs.

"Our DriveRadar demonstrations at Electra Mining Africa showed visitors how remote asset monitoring enables plant managers to oversee equipment performance across multiple operations from laptops, tablets or mobile devices," he stated. "By providing real-time asset condition data, maintenance teams can prioritise interventions based on actual equipment health rather than fixed maintenance schedules, improving equipment availability while reducing unnecessary maintenance expenditure."

McKey believes that a fundamental shift in maintenance philosophy is underway, with technology playing a central role in eliminating unwanted surprises from plant operations while helping customers work smarter.

"We believe that digital technologies enhance skills rather than replace people," he commented.

Training therefore remains a cornerstone of SEW-EURODRIVE's partnership model. Its expanded DriveAcademy provides training for artisans, technicians, engineers, foremen, reliability specialists and management teams, with programmes tailored to specific operational requirements. The curriculum extends beyond mechanical equipment to include electronics, automation, programming, condition monitoring and modern drive technologies.

EDECS Group, a leading engineering, procurement and construction (EPC) contractor in the Middle East and Africa (MEA), has secured a strategic contract from DP World to redevelop seven operational yards at Terminal 1 of Tanzania’s Dar es Salaam Port

The terminal is operated by DP World Dar es Salaam, with construction activities already underway on site.

The project strengthens EDECS Group’s growing portfolio of marine, port and logistics infrastructure projects across the region, while supporting the ongoing modernisation of one of East Africa’s most important maritime gateways.

Under the contract, EDECS is responsible for the design and construction of seven dedicated cargo and material-handling yards covering a combined 90,000m². The scope also includes associated gates and supporting utilities, alongside infrastructure upgrades aimed at improving port capacity, operational efficiency and long-term resilience.

The redevelopment incorporates infrastructure to support advanced digital yard management systems, enhanced cargo storage and handling facilities, and sustainable engineering solutions. EDECS is also delivering a comprehensive fire protection network covering the entire port, including areas outside the original project scope. In addition, the company is installing a port-wide high-mast lighting system designed to improve safety, security and operational efficiency throughout the port facilities.

Dar es Salaam Port expands regional trade capacity

Dar es Salaam Port is Tanzania’s largest and busiest port, handling more than 90% of the country’s international maritime trade. It also serves as a key maritime gateway for seven landlocked countries across East and Central Africa.

The port plays a critical role in regional trade and connectivity and supports Tanzania’s Vision 2050 ambition of establishing the country as a leading logistics and trade hub in Africa.

Dar es Salaam Port has now exceeded the 30-million-tonne annual throughput benchmark, reflecting growing demand for integrated logistics infrastructure across East and Central Africa. The increase also supports Tanzania’s wider transition towards technology-enabled port operations and more resilient long-term infrastructure.

The transformation of Terminal 1 is already producing measurable improvements. In July 2026, the terminal recorded its highest-ever monthly container throughput of 46,582 TEUs, compared with a starting benchmark of 13,779 TEUs in May 2024. The increase highlights the expanding capacity and operational efficiency associated with the port’s ongoing modernisation programme.

Hussein El Dessouky, chairman and managing director of EDECS Group, said, “We are proud to extend our partnership with DP World through the Dar es Salaam Port Modernisation Project, a development of strategic importance to Tanzania and the region.

Our teams are actively progressing works on-site across the project’s key operational areas, delivering the critical infrastructure required to support safer, smarter, and more efficient port operations. As Dar es Salaam continues to strengthen its role as one of the region’s most important maritime gateways, EDECS is proud to contribute to a project that advances trade connectivity, supports economic growth, and aligns with Tanzania’s long-term national development goals.”

CEO DP World Dar es Salaam, Martin Jacob, said, "The modernization of DP World terminal at Dar es Salaam Port remains central to efforts to enhance trade connectivity and logistics efficiency across East and Central Africa. Building on our relationship with EDECS Group, we are pleased to recognize the speed of execution in civil work."

EDECS expands regional marine infrastructure portfolio

The latest contract adds to EDECS Group’s established track record in delivering complex port, marine and logistics infrastructure projects across the Middle East and Africa.

With more than 30 years of industry experience and an expanding presence across strategic regional markets, EDECS applies its engineering and EPC expertise to infrastructure projects supporting trade, economic development, connectivity and sustainable growth.

The company provides turnkey EPC solutions covering planning, procurement, construction, commissioning and final handover. Its expertise enables clients to optimise designs, streamline project delivery and achieve efficient execution and long-term infrastructure performance.

EDECS specialises in logistics infrastructure, including sea terminals, logistics parks and marinas. Its capabilities also cover roads and bridges, railway infrastructure, water and irrigation projects, earthworks and buildings, allowing the company to deliver integrated infrastructure solutions tailored to the evolving needs of the region.

With its expanding regional footprint, EDECS continues to undertake projects designed to strengthen trade networks, improve connectivity and support long-term economic development.

Africa has an opportunity to convert geopolitical tensions and shifting global trade patterns into a catalyst for industrialisation and long-term economic resilience, according to a new Afreximbank report

Leveraging Geopolitics for Trade and Industrialisation in Global Africa examines trade and economic developments across the continent and globally, and outlines strategies for African nations to benefit from supply chain realignments and changing geopolitical dynamics.

“Africa stands at a critical juncture,” said Dr Yemi Kale, group chief economist and managing director of research and trade intelligence at Afreximbank.

“Geopolitical tensions and economic fragmentation are reshaping global trade patterns, but they also present a historic opportunity for the continent. By strategically leveraging these shifts, Africa can build a more resilient, competitive and inclusive economic future.”

Despite a challenging global backdrop, the report highlights Africa’s strong recent economic performance.

While global economic growth slowed to 3.4% in 2025 and is projected to ease further to 3.1% in 2026, Africa’s real GDP growth accelerated from 3.4% in 2024 to 4.5% in 2025, outperforming the global average.

Africa’s merchandise trade also expanded by 6.1% to approximately US$1.5 trillion, while aggregate inflation fell significantly from 21.6% in 2024 to 13.1% in 2025.

According to Afreximbank, these gains reflect improved macroeconomic management, ongoing policy reforms and the role of development finance institutions in supporting economic stability.

However, the report warns that significant structural challenges remain.

Africa’s trade finance gap is estimated at approximately US$74bn in 2025, limiting the continent’s ability to fully capitalise on trade and industrial opportunities.

The situation is compounded by foreign exchange constraints and a continued decline in correspondent banking relationships.

The report also notes that evolving shipping routes and persistent disruptions in global logistics networks are increasing freight costs and extending delivery times, particularly for economies dependent on imported inputs and external markets.

To strengthen resilience, Afreximbank identifies accelerated implementation of the African Continental Free Trade Area (AfCFTA), expansion of the Pan-African Payment and Settlement System (PAPSS) and reforms to the global financial architecture as key priorities.

The report notes that stronger industrial ecosystems, increased intra-African trade and sustained financial support will be critical if the continent is to transform geopolitical disruption into sustainable and inclusive economic growth.

“It is imperative for the continent to act decisively to strengthen regional value chains, deepen industrial capacity, expand access to trade finance, and accelerate continental integration,” said Kale, adding that Africa “cannot afford to delay.”

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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.