cc.web.local

twitter Facebook Linkedin acp Contact Us

Top Stories

Grid List

Volvo Penta introduces the G17 natural gas engine to deliver scalable, lower-emission backup power for data centres, utilities & mission-critical infrastructure. (Image source: Volvo Penta)

Energy

Rising global energy demand, fuelled largely by data centres, utilities and other mission-critical infrastructure, is increasing the need for backup power solutions that are reliable, scalable and lower in emissions. In response, Volvo Penta has introduced its new G17 natural gas engine, designed to support these fast-growing sectors with dependable and flexible power generation

The G17 natural gas engine complements Volvo Penta’s established D17 genset platform and marks an important milestone in the company’s broader transformation strategy. It delivers fuel flexibility, scalable output and a clear pathway towards a more resilient and lower-carbon energy system.

“The energy transition isn’t one-size-fits-all. It requires multiple technologies and fuel pathways working in parallel,” said Kristian Vekas, product manager for Industrial Power Generation at Volvo Penta.

“The G17 expands our power generation portfolio with a gas option engineered to meet rising global demand for dependable, lower-emission solutions that are backed by the strength of the Volvo Group and our global support network. It reflects our commitment to providing customers with fit-for-purpose solutions to support their energy objectives as the landscape continues to evolve.”

Developed on the same robust platform as the D17 engine, the G17 is a 17-litre, six-cylinder, spark-ignited unit capable of operating on both conventional pipeline-quality natural gas and renewable natural gas. This dual-fuel capability enables customers to lower carbon intensity today without compromising the performance, reliability or uptime required for critical operations.

Pipeline-ready natural gas capability

The G17’s ability to run directly on pipeline-quality natural gas or renewable natural gas offers a practical, lower-carbon alternative to diesel in applications where continuous availability and environmental performance are essential. Direct connection to existing gas networks simplifies installation and removes the need for additional fuel-conditioning equipment.

“The G17 is engineered to deliver lower emissions without trade-offs,” said Vekas. “Its flexible fuel capability helps reduce carbon intensity while maintaining the power density, responsiveness and durability customers expect from Volvo Penta’s heavy-duty platform.”

Rated at approximately 450 kWe at 1,800 rpm, the engine delivers high output from a compact design. Its smaller enclosure can reduce installation space requirements and housing material costs, while fast load acceptance and rapid power response help ensure stable operation during grid disturbances or peak demand events.

Designed for flexibility and efficiency

The G17 has been developed with emissions performance in mind, targeting reduced NOₓ and particulate matter. Features such as advanced combustion management, low-pressure Exhaust Gas Recirculation (EGR) and a high-efficiency three-way catalyst enable compliance with U.S. EPA stationary power application standards. This makes the engine particularly suitable for operators with strong ESG priorities or those working within strict air-quality regulations.

Its compact, stackable architecture makes the G17 well suited for space-constrained environments such as data centres. The engine can also form part of hybrid energy systems that combine internal combustion engines with renewable fuels and battery storage. This modular approach allows power systems to scale and adapt as demand evolves. Lower potential fuel costs compared with diesel and reduced noise levels further improve economic viability and community acceptance.

Leveraging Volvo Group’s proven automotive-scale technology, the G17 is built on platforms trusted worldwide in demanding heavy-duty applications. With the same footprint and cooling configuration as the D16 and D17 engines, it supports straightforward installation and retrofit projects. Delivered as a fully integrated OEM solution, the engine’s simplified component layout and reduced cylinder count enhance serviceability and can help lower total cost of ownership over its operational life.

Construction of Bishoftu International Airport begins

Construction

Ethiopian Airlines Group, Africa’s largest airline, has officially launched construction of Bishoftu International Airport, marking a major milestone in the continent’s aviation development

Construction commenced on 10 January 2026, following a formal groundbreaking ceremony attended by His Excellency Dr Abiy Ahmed, prime minister of the Federal Democratic Republic of Ethiopia, alongside ministers, senior government officials, industry leaders, stakeholders and Ethiopian Airlines executives.

During the ceremony, Ethiopian Airlines also revealed the airport’s architectural design and confirmed the successful completion of the resettlement and livelihood restoration programme for communities affected by the project.

Prime minister Dr Abiy Ahmed, senior government representatives and Ethiopian Airlines Group CEO Mesfin Tasew jointly unveiled a commemorative plaque to mark the official start of construction.

Commenting on the occasion, Ethiopian Airlines Group CEO Mesfin Tasew said, “This is truly a proud moment for Ethiopian Airlines and for all of Africa. We are embarking on a new chapter with the groundbreaking of Bishoftu International Airport that will redefine the continent’s aviation ecosystem. As we celebrate 80 years of service, this project stands as yet another milestone, underscoring our commitment to shaping the future of the African air transport industry, while supporting the growing demand for our passenger and cargo services. Bishoftu International Airport is a major step towards addressing the infrastructural gap in Africa and a key player in implementing the African Continental Free Trade Area (AfCFTA), and at Ethiopian we are committed to realize the completion of this project.”

In his address, prime minister Dr Abiy Ahmed described the groundbreaking as a landmark moment in Ethiopia’s path toward modernisation and economic growth. He highlighted Ethiopian Airlines as a symbol of national pride, not because it has been without challenges, but because of its resilience, ability to overcome obstacles, and pioneering role in African aviation. He further noted that the airline’s strength is rooted in its corporate culture, which prioritises safety and security, encourages leadership driven by creativity and hard work, is supported by a workforce of more than 26,000 employees who identify strongly with the national carrier, and is reinforced by a continuous commitment to learning and capacity building.

Bishoftu International Airport is set to become a transformative infrastructure project for Ethiopian and African aviation, strengthening trade, tourism and connectivity across Africa and beyond. Phase One is scheduled for completion by 2030, with capacity to handle 60 million passengers annually. Once fully developed, the airport is expected to accommodate up to 110 million passengers per year, positioning Ethiopia as a leading global aviation hub.

Tapping Africa's immense resources potential

Mining

Canada’s Northern Graphite is looking to restart production at Namibia’s Okanjande graphite mine after signing a deal to supply a new battery anode material (BAM) plant in Saudi Arabia

The graphite mine has been on care and maintenance since 2018.

It follows the signing of a US$200mn agreement with Obeikan Investment Group to jointly develop and operate a large-scale BAM facility in Saudi’s Yanbu Industrial City through a joint venture company.

The joint venture company will be 51% owned by Obeikan and 49% by Northern with first phase BAM production capacity forecast at 25,000 tonnes per year (tpy), to be followed by potential expansion to meet growing global demand.

Construction of the industrial facility is expected to start in 2026, with first-phase production forecast to begin in 2028.

The two sides will also look to conclude a long-term offtake agreement for the purchase of up to 50,000 tpy of graphite concentrate from Northern’s Okanjande mine.

Hugues Jacquemin, Northern Graphite’s CEO, said the joint venture marks a defining step in Northern’s evolution from a mining company into a fully integrated, global battery anode material producer.

“By partnering with Obeikan in the Kingdom of Saudi Arabia, we are partnering with a well-financed and experienced industrial player, gaining scale, financing strength, and access to one of the world’s most strategically important industrial hubs,” he said, “while accelerating the restart of our Okanjande mine in Namibia and advancing our broader mine-to-market strategy.”

The project is also aligned with Saudi Arabia’s Vision 2030 and accelerating demand for secure, non-Chinese graphite anode supply chains.

Project debt financing is expected to to be sourced from Saudi government finance agencies, as well as local and global commercial banks.

According to SNE Research, lithium-ion battery cell manufacturing capacity is expected to reach 4,527 GWh by 2035 (9% CAGR), with graphite retaining over 91% anode share through 2040.

At the same time, evolving policies are splitting the global graphite market as tariffs and de-risking measures drive demand for non-Chinese anode materials.

“Saudi Arabia is an attractive location for our BAM plant due to its low energy and labour costs, close proximity to Namibia, strong government support, favourable financing conditions, and trade advantages that include low tariffs into the US and efficient access to European markets,” said Jacquemin.

Northern will receive a royalty on net sales of BAM in addition to its direct ownership interest in the joint venture company.

It also materially accelerates the restart and potential expansion of the Okanjande mine in Namibia, Northern commented in a statement, “and represents an opportunity to substantially increase the company’s graphite production at a lower cost and with a shorter time to market than most competing projects.”

A preliminary economic assessment for the Okanjande project contemplates 31,000 tpy of production over a 10-year mine life.

However, Northern believes the mine contains a “substantial measured and indicated resource” and intends to prepare a new technical report to evaluate the economics of producing at a higher rate.

Read more:

Kamoa-Kakula smelter produces first copper anodes

Giant mining trucks head for Guinea

FG Gold secures Baomahun project funds

 

UAE logistics leader Al Sharqi Shipping expands into Kenya and Uganda, digitising trade across East Africa

Logistics

UAE-based logistics firm Al Sharqi Shipping has officially expanded into Kenya and Uganda, creating a dual operational footprint aimed at digitising and accelerating trade between the UAE and Africa’s high-growth markets

Strategic gateway and hub approach

The expansion targets the full logistics value chain in East Africa:

  • Kenya (Nairobi): Leveraging the UAE-Kenya Comprehensive Economic Partnership Agreement (CEPA), Nairobi will serve as the primary coastal gateway for cargo entering the continent.

  • Uganda (Kampala): The Kampala office will act as a critical transit hub for the Great Lakes region, managing on-carriage logistics to landlocked markets, including Rwanda, South Sudan, and the Democratic Republic of Congo.

Infrastructure and capabilities investment

Al Sharqi is building local capabilities in both countries to ensure full end-to-end control of operations:

  • Customs Acceleration: Proprietary workflows to efficiently navigate Kenya and Uganda’s regulatory frameworks.

  • Cross-Border Trucking: Dedicated fleets to secure the complex Mombasa-Nairobi-Kampala corridor.

  • Supply Chain Visibility: Real-time tracking of goods moving from Dubai to Uganda’s interior.

"This is not just an expansion; it is a commitment to the future of UAE-Africa trade," said Kashif Rafiq, CEO of Al Sharqi Shipping.

"While the UAE-Kenya CEPA provides the regulatory framework, the logistics reality requires boots on the ground across the border. By establishing a direct presence in both Nairobi and Kampala, we are securing the entire trade lane, ensuring reliability for importers in both key markets."

Afreximbank, Heirs Energies secure US$750m financing deal. (Image source: Afreximbank)

Finance

African Export-Import Bank (Afreximbank) and Heirs Energies Limited have unveiled a US$750mn financing arrangement aimed at strengthening Heirs Energies’ capital structure and releasing liquidity to meet its working capital needs as it advances an extensive field development programme

The funding is expected to play a key role in boosting Nigeria’s domestic energy supply at a time of rising demand.

The agreement was signed in Abuja by Dr George Elombi, president and chairman of the board of directors of Afreximbank, and Tony O Elumelu CFR, chairman of Heirs Energies Limited. Structured as a dual-tranche, senior secured reserve-based lending facility, the financing is intended to support Heirs Energies’ next phase of expansion as the company seeks to increase and sustain oil and gas production.

Under the transaction, Afreximbank served as Mandated Lead Arranger, Facility Agent, and Security Agent. The deal is viewed as a significant step in the strategic relationship between Afreximbank and Heirs Energies, reflecting deeper collaboration between the two organisations.

Speaking after the signing, Dr Elombi described the partnership as evidence of Afreximbank’s focus on value creation and backing African entrepreneurs.

“Without investments, such as the one being provided to Heirs Energies, many fossil fuel-dependent African economies would face dire economic challenges,” said Dr Elombi. “Our aim, among others, is to empower the African entrepreneur. Our core strength is in the value of the partnerships we continue to forge.”

He also acknowledged Mr. Elumelu’s continued support for Afreximbank, noting that such collaborations have helped position the institution as a key driver of Africa’s economic transformation and broader development objectives.

Dr Elombi reiterated Afreximbank’s commitment to advancing the African Energy Bank initiative, stating, “we should get to higher strides and get the Energy Bank so we can move most of the energy portfolio there. We will put tremendous capital in it to be as bold and as innovative as Afreximbank”.

He further indicated that Afreximbank is open to working with Heirs Holdings and its affiliated businesses as they expand into other West African markets, including Ghana and Côte d’Ivoire, as well as across the wider continent. “Our aim is to spread and support the domination of the African brand across Africa.”

Tony O Elumelu, CFR, chairman of Heirs Energies Limited, said, “This transaction is a powerful affirmation of what African enterprise can achieve when backed by disciplined execution and long-term African capital. It reflects the successful journey Heirs Energies has taken – from turnaround to growth – and reinforces our belief in African capital working for African businesses. This is Africa financing Africa’s future.”

Heirs Energies occupies a central position in Nigeria’s oil and gas sector, where crude oil continues to hold major national and international significance.

The relationship between Afreximbank and Heirs Energies dates back to 2021, when the company, then operating as Heirs Oil and Gas, completed the acquisition of a 45% participating interest in the OML 17 Joint Venture. The US$1.1bn transaction was financed by a consortium of international and local banks led by Afreximbank and represented one of the largest indigenous energy acquisitions in Nigeria’s oil and gas industry.

Afreximbank contributed up to US$250mn to that financing, highlighting its commitment to developing Africa’s energy sector and supporting intra-African trade and African-owned businesses.

Following the acquisition, crude oil output increased from around 25,000 barrels per day to an average of 50,000 barrels per day, alongside growth in associated and non-associated gas production. Heirs Energies also achieved first gas from the Agbada Non-Associated Gas Plant on 21 November 2021, only months after assuming control of an asset that had remained under construction for more than a decade under the previous operator.

Today, Heirs Energies is the leading gas supplier within the Eastern Domestic Network and provides gas to three major power plants, together accounting for roughly 15% of Nigeria’s installed electricity generation capacity.

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.