vc.web.local

twitter Facebook Linkedin acp Contact Us

Top Stories

Grid List

New agreement aims to enhance data centre efficiency

Energy

Vertiv, a global leader in critical digital infrastructure, and Caterpillar Inc., a worldwide powerhouse in power systems, have announced a strategic collaboration to develop advanced energy optimisation solutions tailored for data centres

The initiative will combine Vertiv’s power distribution and cooling technologies with Caterpillar’s and its subsidiary Solar Turbines’ expertise in power generation and CCHP (Combined Cooling, Heat and Power). The result will be pre-engineered architectures designed to streamline deployment, accelerate time to power and enhance overall operational performance for data centre environments.

A strengthened alliance for modern energy needs

The partnership responds to the rising need for on-site energy systems that provide consistent, resilient power and cooling. Through this alliance, customers will gain access to a fully integrated solution with validated performance and seamless interfaces, enabling quicker design, installation and deployment.

Caterpillar and Solar Turbines will deliver power generation technologies, including natural gas turbines and reciprocating engines, ensuring reliable, scalable electricity and thermal output for CCHP applications.
Vertiv will contribute a comprehensive suite of modular, pre-designed power and cooling solutions, engineered to shorten design timelines and support standardised deployment.

Customer-focused benefits

  • Accelerated time to power made possible through modular, predesigned reference architectures.

  • Reduced PUE (Power Usage Effectiveness) thanks to optimised, end to end energy efficiency across power, cooling, distribution and load management.

  • Global lifecycle support underpinned by the extensive worldwide service networks of Vertiv and Caterpillar.

Gio Albertazzi, CEO at Vertiv, stated, "This collaboration with Caterpillar and Solar Turbines is a cornerstone of our Bring Your Own Power and Cooling (BYOP and C) strategy and aligns seamlessly with our grid to chip framework by offering resilient, on-site power generation solutions. This is optimal for customers looking to reduce or eliminate grid dependence."

He added, "By combining our complementary technologies, portfolios and expertise, we are enabling coordinated integration. Our pre-engineered, interoperability-tested building blocks let customers execute design, build and deploy concurrently, with predictable system performance."

Jason Kaiser, group president of Caterpillar Power and Energy, emphasised the growing demand, saying, "As AI driven workloads continue to accelerate, the demand for robust and scalable power infrastructure and cooling is becoming increasingly critical. Our collaboration with Vertiv will enable us to deliver integrated, on-site energy solutions that lower PUE and meet customers' evolving needs."

This joint effort tackles the increasing need for dependable on-site energy solutions and introduces a simplified, unified path to solution design and execution. The Vertiv and Caterpillar Memorandum of Understanding (MOU) represents a significant milestone in advancing this ecosystem, helping customers overcome energy limitations and deploy optimised AI facilities.

Rock Plant will represent Metso’s crushing and screening equipment, parts, and services in Kenya, Tanzania, and Uganda. (Image source: Adobe Stock)

Construction

Metso has signed a new distribution agreement with Rock Plant Ltd, a respected and long-standing dealer of major construction and quarrying machinery brands in East Africa

The partnership marks a strategic move aimed at expanding Metso’s footprint and accelerating its growth across the region.

Under the agreement, Rock Plant will distribute Metso’s crushing and screening equipment, along with related parts and services, in Kenya, Tanzania, and Uganda.

According to Ignacio Garcia, distribution manager, EMEA North at Metso, “East Africa represents one of the fastest-growing markets in Africa for aggregates and mining. To fully capture this potential, we wanted a partner with a strong local footprint, technical know-how, and a proven service capability. Rock Plant has a long track record in heavy equipment distribution, a solid presence across Kenya, Tanzania, and Uganda, and an experienced team deeply connected with the industry. This partnership allows Metso to strengthen its coverage, improve responsiveness, and ensure consistent customer support across the region.”

In these markets, customers are increasingly looking for dependable, fuel-efficient, and easy-to-maintain machinery capable of operating in remote and challenging environments. Mobile and modular units are especially important due to the scattered nature of quarries and project locations.

Pritpal Roopra, managing director of Rock Plant, noted, “Partnering with Metso enables us to expand our portfolio with a world-class crushing and screening brand. This cooperation gives our customers access to industry-leading technology, backed by our local service and support network.”

Adam Benn, director of capital sales, EMEA North at Metso, added, “The cooperation combines Metso’s global technology leadership with Rock Plant’s local presence and service capability. Customers will benefit from faster response times, local spare parts availability, and professional support throughout the equipment lifecycle, from selection and commissioning to maintenance and upgrades. This means improved uptime, lower operating costs, and access to proven, sustainable solutions built for local conditions.”

Construction of road to Tulu Kapi in 2025. (Image source: KEFI) 

Mining

London-listed KEFI has closed a US$240mn debt financing to proceed with a pipeline of projects in Ethiopia, including the Tulu Kapi gold mine, as well as to pursue additional ventures in Saudi Arabia
 
The Tulu Kapi gold mine project will tap into power supplies from the recently-inaugurated Grand Ethiopian Renaissance Dam (GERD), the largest hydro-electric scheme in Africa.
 
The Ethiopian Electric Power Company is currently connecting the mine to the mains grid generation facilities at the dam, KEFI said in an update, which will include a new 132kV overhead power line via a substation at Gimbi town.
 
The maximum demand for the Tulu Kapi plant is estimated to be 15 MW, with a normal operating demand of approximately 10 MW.
 
An emergency diesel power plant will also be installed to provide backup power to start up and run the operation as insurance in case of any unexpected failure to deliver by EEPCO, according to KEFI, although it added that it does not expect to have to use the standby facility.
 
In a statement, the company noted that Tulu Kapi is the closest industrial-scale electricity consumer of the GERD, which it said was “excellent for reliability of low-cost green energy”.
 
The Tulu Kapi gold deposit was first discovered and mined on a small scale by an Italian consortium back in the 1930s.
 
KEFI executive chairman, Harry Anagnostaras-Adams, said the new debt offering has triggered further activity at the site ahead of full project development.
 
“With the gold price at a record high, this is the perfect time to be launching Tulu Kapi,” he said.
 
Mining contractors have been at site planning for operations in 2027, with the bulk earthworks — for an airstrip and other initial works — set to commence in early 2026 after the government has resettled households in the area.
 
The process plant contractor has also been at the site planning security and logistics for the delivery of components, which are currently being procured.
 
The US$240mn loan agreement was signed with the Africa Finance Corporation and the Trade and Development Bank.
 
KEFI has previously stated that the full development of the mine could be in the region of US$340mn, which means it must still raise a further US$100mn although some this is expected to come from a mix of equity, as well as support from the Ethiopian government.
 
During construction at Tulu Kapi, the company also hopes to enhance its portfolio of gold and critical material licences and applications elsewhere in Ethiopia, as well as various projects in Saudi Arabia, across the Red Sea.
 
Read more:
 
 
 
  

Ethiopian Airlines expands Boeing Fleet. (Image source: Ethiopian Airlines)

Logistics

Ethiopian Airlines and Boeing have announced that Africa's largest carrier has committed to acquiring 11 additional 737 MAX aircraft

The agreement, covering 11 B737 8 jets and signed during the Dubai Airshow, will support the airline's plans to strengthen both its regional and international networks while further expanding its hub in Addis Ababa.

Why add Aircraft?

“We are thrilled to be announcing our agreement with Boeing for additional11 B737-8 airplanes today during Dubai Airshow,” remarked Ethiopian Airlines Group CEO Mesfin Tasew. “The order will support our growth plans that we have set as part of our vision and strategy. We are happy that our partnership with Boeing continues to grow over the years and we look forward to flying Boeing airplanes for years to come and that we will continue to serve our customers by bringing them high performance airplanes with passenger comfort.”

Ethiopian Airlines continues to rely on the 737 MAX family for its efficiency, reliability and operational flexibility. The aircraft type is a key part of its network strategy, serving destinations across Africa, the Middle East, India and Southern Europe where high frequency operations and quick turnaround times are essential.

“Ethiopian Airlines commitment to expand its 737 MAX fleet underscores its leadership in Africa. Our new agreement also strengthens our nearly 80 year partnership with the airline and region,” said Brad McMullen, Boeing senior vice-president of commercial sales and marketing.

“We are proud that our efficient and versatile airplanes will continue to play a pivotal role in Ethiopian Airlines growth as they further connect the African continent and the world.”

The airline already operates the largest Boeing fleet on the continent and holds Africa's biggest order backlog of 737 MAX, 777X and 787 Dreamliner aircraft.

Boeing, a leading global aerospace manufacturer and major United States exporter, designs, produces and supports commercial airplanes, defense platforms and space systems for customers in more than 150 countries. Its workforce and supplier network contribute to innovation, economic growth, sustainability and community development. The company remains committed to its core values of safety, quality and integrity.

Paycorp invests in UK’s Currency Stream to accelerate FX tech growth across Africa, Asia, the Americas and Europe

Finance

Paycorp, a global payments group with strong South African roots, has made a strategic investment in Currency Stream, a UK-based fintech that specialises in real-time foreign exchange and multi-currency payment solutions

This partnership is set to accelerate Currency Stream’s growth in Europe and open up new expansion opportunities across Africa, Asia, and the Americas. Paycorp will contribute capital, international reach, and over 20 years of payments expertise to help drive Currency Stream’s global ambitions.

The investment builds on a successful working relationship that spans over seven years. Since 2017, Paycorp has implemented Currency Stream’s Dynamic Currency Conversion (DCC) technology across Central and Eastern Europe and Southern Africa.

“This partnership is a natural evolution of our long-standing relationship with Currency Stream,” said Steven Kark, CEO and co-founder of Paycorp, who will be joining the Currency Stream International board. “They’ve consistently delivered results with robust tech, transparency, and smart thinking. As they expand globally, it makes perfect sense for Paycorp to back that growth and take this offering deeper into markets like Africa, Asia and the US.”

Currency Stream’s proprietary technology supports real-time DCC and Multi-Currency Pricing (MCP) in over 160 currencies. Already trusted by top acquirers, gateways, and e-commerce platforms worldwide, the company’s solutions will now be brought to new sectors and high-growth regions. The focus will be on retail, travel, and online commerce — markets where FX transparency and multi-currency functionality are increasingly vital.

“This investment cements a powerful partnership built on innovation and trust,” said Noel Goddard, founder and CEO of Currency Stream. “Paycorp understands the complexities of cross-border payments and has the scale, experience and strategic focus to help us serve more partners faster, particularly across Africa and other emerging markets.”

This move aligns with Paycorp’s wider strategy of expanding its portfolio of value-added payment solutions. With operations in Southern Africa, Eastern Europe, and the UK, Paycorp is already recognised for its services in ATM and cash operations, transaction processing, embedded business funding, and alternative payments.

FLS strengthens Delmas site as a global polyurethane hub. (Image source: FLS)

Manufacturing

FLS has completed a significant upgrade to its polyurethane manufacturing facility in Delmas, Mpumalanga, positioning the site as a key global hub for the production of its advanced NexGen wear-resistant material

This development forms part of a wider modernisation programme by FLS, aimed at strengthening supply chains, increasing manufacturing efficiency and enhancing
sustainability across its global footprint.

Brad Shepherd, director service line - screen and feeder consumables at FLS, said the investment at Delmas aligns with the company’s global strategy to standardise and optimise production processes.

“This is a milestone for us,” commented Shepherd. “We are integrating cutting edge technology and modern manufacturing methodologies across all our polyurethane plants, and Delmas is leading the way. The upgrade enables us to respond more quickly and reliably to customer needs across Africa, the Middle East and Europe.”

The centrepiece of the upgrade is the introduction of purpose-built infrastructure to produce NexGen screen media - a polyurethane material developed by FLS to deliver extended wear life, reduced maintenance and improved operational efficiency. In on-site trials, screen panels made from NexGen have demonstrated up to three times the wear life of conventional rubber and polyurethane products, making it a gamechanger for industries that rely on high performance screening solutions.

Warren Walker, head of global manufacturing - polyurethane operations at FLS, explained that Delmas is the first of the company’s five global polyurethane plants to complete this transition. “We have installed new, latest generation polyurethane machines, precision tooling and dedicated preheating ovens for inserts,” he said. “This allows us to significantly increase our output while ensuring consistent quality.”

The facility now includes two trommel screen media stations and three screen media stations, each tailored to produce NexGen products. One of the standout technologies introduced is a programmable auto- calibrating polyurethane machine capable of adjusting material hardness to suit
specific applications.

“The flexibility to produce varying hardness levels is critical,” Walker noted. “It means we can tailor our screen media precisely to the customer’s application, ensuring optimum performance and longevity.”

To complement this, a high capacity polyurethane machine capable of pouring up to 42 kg per minute is in operation at the facility. This system is particularly suited to applications requiring large volume pours, such as flotation spare parts and vertical mill components.

The Delmas facility already benefited from a significant upgrade in 2019, when a state-of-the-art six-axis machining centre was introduced for tooling precision, along with robotic welding systems for manufacturing screen media panel inserts and a CNC controlled spiral welding machine to produce wedge wire products. The latest round of investments builds on this foundation and brings the facility to the forefront of global polyurethane production capability.

Energy efficiency was a key consideration in the new layout and equipment design. “We have incorporated smart energy saving features like individual temperature control on each casting table station,” Walker remarked. “This avoids the need to heat large surface areas unnecessarily and contributes to our carbon reduction goals.”

Further supporting these goals is the installation of 300 kW of solar generation capacity at the Delmas site, completed in 2024. Plans are already in place to expand this by another 500 kW in 2026, along with the integration of a battery energy storage system (BESS), enabling greater energy independence and resilience.

FLS’s offering from Delmas extends beyond screen media manufacturing. The facility is equipped to handle the complete fabrication of vibrating screens, from raw material processing and in-house machining to assembly and factory acceptance testing. This vertical integration allows the company to deliver customised solutions with tighter control over quality and lead times.

Shepherd emphasises that FLS operates both as an original equipment manufacturer (OEM) and a screen media specialist, supplying screen panels for all types and brands of vibrating screens, feeders and trommel screens.

“We don’t just supply products,” he said. “We work closely with our customers through our network of on-the-ground specialists to assess site conditions and select the best screening media for their specific needs.”

He notes that many older processing plants are treating materials that differ from their original design specifications. In these cases, screen efficiency can often only be improved by optimising the screen media. “This is where NexGen makes a real difference,” Shepherd commented. “Combined with the correct aperture design, it allows customers to get more life and better performance from their screens.”

Unlike injection-moulded polyurethane, which can compromise the structural integrity of screen panels, FLS’s proprietary process retains superior mechanical properties, resulting in a tougher more durable product. “We have never used injection moulding because it reduces the quality of the end product,” Shepherd explained. “Our process delivers a product that stands up to the toughest operating conditions and offers lasting value.”

Walker adds that the expansion at Delmas not only supports FLS’s global operations but also contributes meaningfully to the South African economy. “Our commitment to local manufacturing is evident in the scale of our investment and the jobs we have created,” he said. “We have expanded our workforce, prioritised local recruitment and significantly grown our apprenticeship programme.”

A strong focus has also been placed on developing female artisans. In 2024, six women from the local community were recruited into a three year trade apprenticeship programme, receiving training in welding, fitting and boilermaking.

“Our investment during a period of economic uncertainty underlines FLS’s long term commitment to South Africa and to our customers in the broader EMEA region,” said Walker. “We are not just building products – we are building skills, opportunities and partnerships that will power sustainable growth for years to come.”