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Bobcat's state-of-the-art RogueX (Image source: Bobcat)

Construction

Bobcat has unveiled a suite of new technologies at the CES 2026 trade show designed to transform how construction gets done

The new solutions integrate artificial intelligence (AI), electrification, autonomy and connectivity into a scalable system of solutions designed to support operators, technicians and fleet owners alike and revolutionise compact equipment.

“For nearly 70 years, Bobcat has led the compact equipment industry by solving real problems for real people,” said Scott Park, CEO and vice chairman of Doosan Bobcat. “As workforce needs change and jobsites become more complex, we’re responding with intelligent systems that empower people to accomplish more, faster and smarter. These innovations aren’t concepts for the distant future; they’re advancements that are shaping how work gets done right now.”

At the centre of Bobcat’s CES 2026 announcement is Jobsite Companion, a first-of-its-kind, AI-enabled feature for compact construction equipment. This prototype technology will provide real-time support and automation for everyday machine tasks.

Operators simply ask a question or state a command, and the system responds through voice and display interactions — adjusting attachment settings based on environment, offering operational recommendations and automating more than 50 functions without taking hands off the controls. Powered by Bobcat’s proprietary AI large language model, it runs entirely onboard the machine, enabling real-time responsiveness without reliance on cloud connectivity.

“Jobsite Companion lowers the barrier to entry for new operators while helping experienced professionals work faster and more precisely,” said Joel Honeyman, vice president of global innovation at Doosan Bobcat. “It’s not just smarter technology; it’s a smarter experience that puts expert-level guidance directly in the cab.”

Bobcat also announced Service.AI, an AI-powered service and support platform designed to minimise equipment downtime by giving dealers and technicians instant access to the company’s full repair expertise. With Service.AI, Bobcat dealers and technicians can instantly retrieve repair manuals and warranty details, receive real-time diagnostic guidance, and leverage an extensive archive of historical cases for faster troubleshooting.

In addition, Bobcat unveiled its prototype Collision Warning and Avoidance System, which it called the first and only system in development for the compact equipment industry designed to actively slow or stop a machine before a collision occurs. The system uses advanced imaging radar to track the position, direction and speed of surrounding objects in real time — if a potential hazard is detected, the machine will automatically alert and even slow down or stop the machine.

The company’s Advanced Display Technology, a MicroLED, transparent, auto-tint, touch-enabled display concept seamlessly integrated into the cab door or machine window, was also showcased at the US trade event. This overlays critical operational data directly onto the operator’s field of view, allowing them to see both the jobsite and machine insights simultaneously.

“It’s not just a screen,” Honeyman said. “It’s a smarter window into the work, delivering clarity, control and confidence.”

Bobcat also flagged RogueX3, which it calls its most advanced fully electric and autonomous concept machine to date. The version showcased at CES featured an electric powertrain and can operate remotely or autonomously without a cab.

Powering Bobcat’s electric future is the Bobcat Standard Unit Pack (BSUP), a fast-charging, modular battery system engineered for rugged jobsite conditions. By enabling flexible, cleaner and quieter operations, BSUP will serve as a foundational building block for the next generation of electric construction equipment.

Together, these technologies and solutions form an integrated system of solutions set to redefine what’s possible on the modern jobsite, according to Park. “We’re not just imagining the future — we’re engineering it,” he said. “By combining AI, autonomy, electrification and connectivity, Bobcat is creating technology that empowers people, simplifies work and sets a new standard for the industry.”

Products and technologies featured at CES are showcased as prototypes or concept models, highlighting the innovation shaping the future. While not commercially available at present, several are advancing toward commercialisation.

Read more:

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

Manufacturing

Toyota Tsusho Corporation, Toyota Tsusho Manufacturing Ghana Co. Limited (TTMG), a subsidiary of CFAO SAS (CFAO), has acquired the Toyota and Hino distributor business from Toyota Ghana Limited Company (TGLC) in Ghana, effective December 31, 2025

Strengthening mobility operations in Africa

Toyota Tsusho is developing four core business areas across Africa: mobility, green infrastructure, healthcare, and consumer solutions. Its mobility operations cover all 54 African countries, with the group directly operating Toyota automotive distributors in 35 of these nations, primarily in sub-Saharan Africa.

In Ghana, TGLC, which is independent of Toyota Tsusho, has previously served as the distributor for Toyota and Hino vehicles. Meanwhile, CFAO Mobility Ghana, a Toyota Tsusho group-operated distributor, has handled multiple other automotive brands in the country.

Purpose of the acquisition

This strategic acquisition brings the Toyota and Hino distributor business under the direct management of Toyota Tsusho in Ghana, allowing the company to expand its mobility value chain. Toyota Tsusho aims to offer a safe and reliable automotive experience in Ghana, consistent with its standards across Africa, including after-sales service and insurance offerings.

TTMG, which currently manages the assembly of Toyota and Suzuki vehicles in Ghana through semi knock down production, will now also take on sales functions, serving as the main customer contact while continuing its manufacturing role. Semi knock down production refers to a method where vehicle bodies are imported welded and painted, with major components assembled locally onto the chassis.

Future developments

With this acquisition, Ghana becomes the 36th African country where Toyota Tsusho directly operates a Toyota distributor, reinforcing the group’s development strategy in the region. The move is expected to improve vehicle inventory management, streamline logistics, and enhance sales to governments and international organisations.

Toyota Tsusho will also explore opportunities to optimise sales across Ghana in collaboration with CFAO Mobility Ghana, further strengthening its local presence.

Guided by the philosophy “with Africa for Africa,” the Toyota Tsusho group continues to invest in Africa’s sustainable development while providing world-class automotive products and services across the continent.

Etihad Airways marks 20 years of nonstop flights between Abu Dhabi and Johannesburg, strengthening travel and trade

Logistics

Etihad Airways is celebrating a major milestone in Africa as it marks 20 years of nonstop flights between Abu Dhabi and Johannesburg

Johannesburg remains one of Etihad’s longest-standing gateways on the continent and a strategically significant market within the airline’s rapidly expanding global network.

Since the route launched in 2005, Etihad has transported nearly two million passengers between the UAE and South Africa, strengthening cultural, business, and tourism ties between the two nations. In 2025 alone, the airline carried more than 100,000 guests on the route, reflecting sustained demand and the ongoing importance of Johannesburg within Etihad’s network.

Today, Etihad’s services to Johannesburg provide nonstop access to Abu Dhabi, along with seamless onward connections to the Middle East, Europe, North America, the Indian Subcontinent, and Asia Pacific via Zayed International Airport. Beyond Abu Dhabi, passengers travelling from Johannesburg can continue to key destinations such as Jeddah, Istanbul, Mumbai, Bangkok, and Phuket, highlighting the route’s role as a gateway to Etihad’s global network. The route is further supported by Etihad’s growing partnerships across Southern Africa, enabling smoother connections within the region.

“Johannesburg has played an important role in our African network for two decades. The strong performance we continue to see both in passenger demand and corporate travel highlights the long-term relationship between the UAE and South Africa, and the value Etihad brings in enabling trade and tourism. Africa remains a key pillar of our global strategy, and we are proud to continue supporting this dynamic market as part of our wider Journey 2030 ambitions,” said Javier Alija, vice-president global sales & distribution at Etihad Airways.

Expanding Etihad’s footprint across Africa

The Johannesburg milestone coincides with Etihad’s broader growth across Africa. The continent continues to demonstrate strong travel demand, supported by a growing population of international travellers and deepening economic and cultural ties with the UAE.

Etihad’s network developments reflect this momentum, with new services launched in the past year to key African gateways including Tunis, Addis Ababa, and Nairobi. Established connections to destinations such as Casablanca and Cairo continue to perform strongly, benefiting from access to Etihad’s expanding global network.

The airline’s strategic partnership with Ethiopian Airlines further extends its reach across Africa, offering passengers improved connectivity to a broad range of destinations beyond Etihad’s own network.

Corporate travel momentum

The Johannesburg route continues to see strong performance from the corporate segment, with corporate revenue in 2025 rising more than 50 percent year-on-year. This growth is supported by robust UAE–South Africa economic ties and Abu Dhabi’s increasing position as a global business hub.

As it celebrates 20 years in Johannesburg, Etihad remains committed to deepening its presence across Africa through enhanced services, broader partnerships, and an expanded network to meet rising demand across the continent.

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

Masdar PPA signing ceremony (Image source: Masdar)

Energy

Abu Dhabi Future Energy Company PJSC – Masdar has signed a power purchase agreement (PPA) for the 150MW Quipungo solar photovoltaic (PV) project in Angola
 
It marks the clean energy group’s debut PPA in the West African country.
 
The Quipungo project represents the first contracted site under Project Royal Sable, a planned 500MW renewable energy programme across three sites that will strengthen Angola’s southern power grid and support the country’s sustainable development objectives.
 
The agreement was signed with the state-owned offtaker Rede Nacional de Transporte de Electricidade (RNT-EP).
 
The PPA secures long-term electricity offtake from the 150MW Quipungo site, located in Huila Province in southern Angola.
 
By establishing the first commercial anchor project under Project Royal Sable, the agreement also provides a foundation for the phased development of the wider 500MW portfolio, which once completed is expected to create more than 2,000 jobs, deliver clean electricity to around 300,000 homes, and enhance power generation capacity in Angola’s southern grid.
 
Project Royal Sable reflects Masdar’s commitment to developing large-scale, bankable renewable energy infrastructure in emerging markets, supporting national energy strategies while expanding access to reliable, affordable clean power, according to its CEO Mohamed Jameel Al Ramahi.
 
“Africa is the world's fastest-growing continent and that growth will depend on affordable, secure energy,” he said.
 
“As a pioneer of renewables in Africa, Masdar is committed to developing clean energy across the region.”
 
He added that signing a first PPA in Angola represents an important milestone on its journey.
 
“The Quipungo PPA demonstrates how long-term partnerships and structured offtake arrangements can accelerate the deployment of utility scale renewables that support national clean energy ambitions, economic development, and job creation providing reliable, affordable clean power to local communities.”
 
Masdar is now the largest operator of renewables on the continent through its joint venture, Infinity Power, which currently operates 1.3 GW of solar and onshore wind power projects in South Africa, Egypt, and Senegal.
 
It also has a 13.8 GW project pipeline, including battery storage and green hydrogen facilities, in various stages of development.
 
The addition of Project Royal Sable will contribute to Masdar’s target of 100 GW portfolio capacity by 2030.
 
Also present at the signing ceremony was Francesco LaCamera, director general of the International Renewable Energy Agency (Irena).
 
“The Quipungo solar PV project will contribute to strengthening Angola’s power system and expanding access to clean, reliable electricity, improving thousands of lives and inspiring greater investor confidence in Africa’s energy transition,”said LaCamera.
 
Read more:
 
 
 
 
 
 

One of the new Africa range from Bobcat (Image source: Bobcat)

Scatec powering Africa's solar and renewables growth (Image source: Adobe Stock)

Construction

The African Development Bank is helping improve transport connectivity in Somalia. (Image source: AfDB)

Construction

The African Development Bank Group’s Board of Directors has approved an additional US$76.37mn to support Somalia’s Road Infrastructure Programme, which forms part of the wider Horn of Africa corridor initiative connecting Somalia with Djibouti and Ethiopia

The supplementary financing includes US$49.16mn from the African Development Fund, the Bank Group’s concessional financing arm, alongside US$27.21mn from the Transition Support Facility, which is dedicated to assisting countries affected by fragility and conflict.

This Programme is focused on enhancing transport links within Somalia and improving connectivity with neighbouring countries across the Horn of Africa. By strengthening road networks, the initiative seeks to boost cross-border trade, promote regional integration and contribute to greater stability in the region.

According to Mike Salawou, Director of Infrastructure and Urban Development at the Bank Group, the need for additional funding reflects the project’s expanded ambitions. “The Programme has evolved from minimal interventions to full road upgrades, enabled by improved designs and the integration of new components, including bridges, additional road sections, and trade facilitation measures, social infrastructure to maximise the benefit for the local community,” he said.

The funding will be used to upgrade two priority road corridors. These include a 15 km section linking Zeila to Asha Addo in Somaliland, as well as a 22 km stretch between Beled Weyne and Kalabeyr in Hirshabelle State.

Beyond road construction, the Programme incorporates community-focused development and resilience measures. Planned activities include improving access to essential services through the development of boreholes, refurbishing classrooms for use as skills training centres, building markets and storage facilities, and rehabilitating health centres.

To further stimulate economic growth, the initiative will also support cross-border trade by strengthening assistance for small traders and enhancing customs and trade management capacity. Measures include introducing a simplified trade regime between Somalia and Ethiopia for small-scale traders and expanding Somalia’s automated customs system to improve efficiency and modernise procedures.

Bobcat's state-of-the-art RogueX (Image source: Bobcat)

Palfinger’s new PK 720 TEC crane in action. (Image source: Palfinger)

Mining

Meta Global Vision expands Africa Turbo to streamline automotive and industrial parts supply for mining operators. (Image source: Meta Global Vision Holdings LLC)

Mining

Meta Global Vision Holdings LLC has reported ongoing development and expansion of Africa Turbo, its automotive and industrial parts platform designed to support mining companies, fleet operators, and automotive repair businesses across African markets

Africa Turbo focuses on the supply of automotive components, heavy-duty engine parts, and tyres, targeting organisations that depend on reliable access to equipment parts to sustain day-to-day operations. The platform is structured to consolidate sourcing from international suppliers, providing customers with a single access point to a broad range of components used across industrial and mobility applications.

The company highlighted that mining operators and repair facilities in many African markets continue to contend with fragmented supply chains, uneven product availability, and lengthy procurement cycles. Africa Turbo was developed to help mitigate these challenges by coordinating supplier engagement and logistics through a centralised platform.

According to Meta Global Vision Holdings LLC, Africa Turbo collaborates with established suppliers to support consistent quality standards and dependable supply for industrial customers operating under varied regional and environmental conditions. The platform is intended to serve both large-scale industrial operations and independent repair workshops seeking predictable access to parts.

“Africa Turbo was developed to respond to recurring supply challenges faced by industrial and automotive operators across the continent,” said Wendtoin Arsene Tonde, Marketing Director at Meta Global Vision Holdings LLC. “The platform focuses on improving access and coordination rather than introducing new consumer-facing products.”

Meta Global Vision Holdings LLC added that Africa Turbo forms part of its wider portfolio of infrastructure-focused platforms. The company continues to assess regional demand and potential operational partnerships as the platform evolves.

Further announcements on platform features and regional reach are expected as Africa Turbo continues to expand its operations.

Caterpillar AI Assistant for equipment management. (Image source: Caterpillar)

Africa’s largest copper smelter reaches milestone output. (Image source: Ivanhoe Mines)

Logistics

Botswana railway modernisation project

Logistics

RITES Ltd. has signed a Memorandum of Understanding (MoU) with the Government of the Republic of Botswana, through its Ministry of Transport and Infrastructure, to support the development and upgrading of the country’s transport infrastructure

The agreement is focused on advancing Botswana’s railway and broader transport networks by leveraging advanced technologies, international best practices, and targeted capacity-building programmes. The collaboration is intended to strengthen local expertise while improving operational efficiency, safety, and reliability across the transport sector.

Under the MoU, Botswana will utilise RITES Limited’s technical and consultancy expertise to support the development and modernisation of its railway systems. RITES’ role will include assistance with the supply of rolling stock, commissioning services, repair and maintenance support, operational advisory services, and the modernisation of railway workshops.

Beyond railways, the partnership also extends to a wide range of transport infrastructure projects, including highways, bridges, airports, and buildings, supporting Botswana’s long-term infrastructure development goals.

In addition, RITES will deliver capacity-building initiatives and technical training programmes, promote structured knowledge exchange, and provide quality assurance services such as third-party inspections, pre-shipment inspections, and final acceptance testing. The collaboration also includes the deployment of advanced digital solutions, including integrated train operations systems and passenger management platforms.

Etihad Airways marks 20 years of nonstop flights between Abu Dhabi and Johannesburg, strengthening travel and trade

Kalmar introduces Gen 2 lithium-ion battery, boosting operating time, safety and sustainability for electric straddle carriers. (Image sources: Kalmar)

Finance

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.

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

AFC signs landmark financing to transform the Lobito Atlantic Railway corridor and unlock regional trade. (Image source: AFC)

Manufacturing

the partnership aims to accelerate the transformation of West Africa’s manufacturing landscape. (Image source: RusselSmith)

Manufacturing

Caracol, a global leader in robotic large-format additive manufacturing, and RusselSmith, an ISO-certified provider of innovative asset integrity and advanced manufacturing solutions for critical industries in Africa, have announced a Strategic Partnership to deploy, develop, and commercialise Caracol’s Vipra AM platforms – its robotic Wire Arc Additive Manufacturing (WAAM) technology – in West Africa

This collaboration aims to establish a world-class advanced manufacturing hub in the region, supporting the growth of local industrial capabilities and enabling the adoption of innovative and sustainable production solutions.

Under the exclusive partnership, Caracol and RusselSmith will:

  • Deploy Caracol’s robotic large-format Vipra AM technology across key West African markets.

  • Develop local expertise and capacity in advanced manufacturing.

  • Support commercialisation opportunities across diverse industrial sectors.

  • Advance regional industrialisation by providing innovative, scalable, and sustainable manufacturing solutions.

By combining Caracol’s global leadership in robotic WAAM technology with RusselSmith’s regional presence and industry expertise, the partnership aims to accelerate the transformation of West Africa’s manufacturing landscape, enhancing its role as a hub for innovation, efficiency, and industrial growth.

Riccardo Nicastro, global chief commercial officer and managing director of Middle East and Africa for Caracol, said, "The partnership between RusselSmith and Caracol is a testament of commitment towards Africa and its technology and manufacturing independence, agnostically from industries, together we are pursuing the creation of value for the whole Continent."

This initiative marks the start of a long-term collaboration that will bring two Caracol Vipra AM advanced technology platforms to the region, while also fostering talent development, promoting sustainability, and creating new economic opportunities.

Kayode Adeleke, CEO of RusselSmith, stated, "Our exclusive partnership with Caracol represents another bold stride in shaping the future of advanced manufacturing in West Africa. By introducing robotic WAAM technology through Caracol’s Vipra AM platform, we are unlocking new possibilities for industrialisation across the region. This collaboration allows us to build local expertise, accelerate the development of scalable manufacturing solutions, and create opportunities that strengthen Africa’s ability to compete globally. Together with Caracol, we are laying the foundation for a world-class hub that drives innovation, nurtures talent, and delivers sustainable growth for the industries we serve."

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

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

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