In The Spotlight
African Export-Import Bank (Afreximbank), a pan-African multilateral financial institution, has signed a project preparation facility financing agreement for its private-sector renewable energy project in the DRC
The bank, in partnership with Kipay Investments SAS, will finance the technical and bankability studies, legal financial advisory and fundraising costs for the development of a reservoir-based hydropower project in the country. Located along the Lufira River, the up to 200MW project mark the bank’s first private sector renewable energy initiative in the DRC and, when completed, will provide clean, affordable power to mining companies.
The plant will also reportedly expand electricity access to the nearby community and is expected to reduce greenhouse gas emissions by approximately 108,000 metric tonnes of CO2-equivalent annually.
“Afreximbank is committed to supporting DRC’s energy transition, enhancing the country’s energy security whilst leveraging its vast renewable energy potential to develop sustainable trade-enabling energy infrastructure,” remarked Kanayo Awani, executive vice president intra African trade and export development at Afreximbank. “This financing reinforces Afreximbank’s commitment to mobilizing private capital to develop renewable energy projects and secure a sustainable future for DRC and the region. We are also proud to highlight the innovative structure deployed that encompasses a captive market that enhances the project’s bankability.”
Upon completion, the initiative is expected to lead to the creation of over 2,000 direct jobs and 952 potential indirect jobs, and augmentation of fishing and other economic activities on the reservoir. Others benefits include realisation of tax revenues to the DRC government over the 30-year duration of the project, and development of industrial clusters around the mining area.
Since Heavy Machinery Dealership (HMD) introduced the Rokbak brand to Nigeria, Ghana, Senegal, Benin, Guinea, and Côte d'Ivoire, the impact the RA30 and RA40 haulers have made has only been matched by the availability of attractive financing solutions
It was in June that Rokbak, an articulated hauler manufacturer and member of Volvo Group, partnered with HMD in order to bring its ADTs to customers in the West African countries. In doing so, customers in the region were able to access the RA40 and RA30 haulers, machines with a robust design and enhanced fuel efficiency that are well-equipped to meet the challenging landscape of West Africa.
The haulers have reportedly been making their mark on various sites in the countries but, according to Rokbak, it is just not the machines that are drawing attention. Through UK Export Finance (UKEF), the Swedish Export Credit Agency (EKN) and a network of PRIs, HMD customers also have access to competitive financing packages. These solutions are designed to reduce the financial burden of fleet expansion with affordable interest rates, extended repayment periods and structured payment plans tailored to meet the demands of West African operations.
“I am very excited to offer ECA and PRI backed financing as it is a massive support to us and our customers,” remarked Matthew Khouri, CEO of HMD. “These financing options demonstrate our commitment to not just selling equipment, but truly partnering with our customers to ensure their success and growth.”
Paul Douglas, managing director of Rokbak, added, “The availability of flexible financing opens up new opportunities for customers across West Africa to access dependable Rokbak machines. Together with HMD’s local expertise, we are empowering businesses to take on major projects with the right tools and resources to drive infrastructure and economic development across the region.
“We see enormous potential for Rokbak in West Africa, where infrastructure development and mining activity are accelerating. Our aim is to be more than a supplier, rather a partner committed to establishing a lasting presence in the region.”
As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use of electric mobility technology, driving the industry towards eMobility
Running from January 14-16 at the Abu Dhabi National Exhibition Centre (ADNEC), the three-day show is an integral part of Abu Dhabi Sustainability Week 2025. This year’s edition proved a widescale success, and the first day of the 2025 show will see the return of the popular eMobility Forum, gathering thought leaders, industry experts, and policy influencers to discuss the emerging trends and infrastructure needed for a transportation revolution.
A theme running across all seven conference tracks is artificial intelligence (AI), with the eMobility Forum dedicating a session to ‘Harnessing real-time AI for seamless urban traffic management’. Zeekr, a global premium electric mobility technology brand that offers a fully integrated user ecosystem, will showcase its Sustainable Experience Architecture (SEA), which enables it to develop its own battery technologies, battery management systems, electric motor technologies, and EV supply chains.
“While regions like Europe, China, and the USA have scaled EV adoption through various incentives – such as preferential toll tariffs, exclusive EV lanes, dedicated parking, robust charging infrastructure, and tax deductions – there’s immense potential for similar measures to accelerate the UAE's transition to sustainable mobility. If we look back to 2015, anywhere between 50 and 80 vehicles were imported in a year. In 2024, total import figures will likely hit 20,000, and a projected 30,000 by the end of next year. There is a clear appetite for demand as the end users are really starting to understand the benefits of EV adoption,” said Roberto Colucci, director of electric vehicles at AW Rostamani and Zeekr UAE, who will present during the session.
The transportation sector accounts for more than 20% of global carbon emissions; EVs are leading the push to reduce that figure. The World Future Energy Summit will spotlight transport solutions aimed at radically reshaping urban design, fostering sustainable cities, and accelerating the adoption of smart transportation technologies.
Considering the Global South
Another key Forum feature is a dedicated session focusing on the future of eMobility in the Global South, where cars are often a luxury and motorbikes dominate the landscape. Two-wheeled EVs represent a transformative opportunity for the region, but their successful deployment will require reliable electricity infrastructure and an enterprising spirit to scale solutions such as battery-swapping schemes.
The Forum will also feature a session dedicated to ‘Rethinking Infrastructure for Autonomous Vehicles’, during which Zhengxiong Yang, mobility solution architecture lead at Space 42 – the MENA region’s leading space technology player – will share insights on advancing AI in mobility. Yang will highlight the latest updates on the operation of robotaxis on Abu Dhabi’s Yas and Saadiyat islands, including the difficulties in and improvements to infrastructure.
Reducing emissions
The Forum will explore challenges and innovations in reducing emissions across all transport modes. While EVs dominate the road sector’s decarbonisation efforts, electric propulsion systems and hybrid technologies are being developed for maritime vessels. The aviation sector is also making strides with microgrid technology, transforming airports into green energy hubs, and reducing reliance on traditional energy sources.
EV sales in the Middle East and North Africa (MENA) are growing due to government initiatives, strong economies, and a heightened focus on sustainability, with several countries implementing policies to boost adoption. The UAE aims to have EVs make up 50% of road vehicles by 2050, with the broader MENA EV market expected to reach 45,000 units by 2026, growing at a compound annual growth rate of 9.07%.
While China is the global leader in EV sales, the UAE was last year first in the region and ranked seventh globally in the EV readiness index, signifying the UAE's commitment to sustainable transportation and its aim to become carbon neutral by 2050.
The eMobility Forum is one of seven vertical conference streams at the summit that will drill down into the entire energy ecosystem. “Our sector conferences provide unparalleled opportunities for visitors, delegates, and exhibitors to discover the latest developments impacting the clean energy, solar, water, waste, sustainable cities, and Pathways to 1.5C sectors,” explained Leen AlSebai, general manager of RX Middle East and head of the World Future Energy Summit.
Visit the website to learn more by clicking here and register for the conference by clicking here
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.
Perkins, a global power systems powerhouse, has appointed Comapire as its new authorised distributor in Morocco
Replacing Seco Power in the country, Compaire was selected due to its extensive industrial engines experience, strong knowledge of the territory and proven customer relationships. Led by managing director Yassine Tabout, the wider Comapire team has worked with the Perkins brand in the country for more than 30 years.
“The Comapire team is very excited to be taking on this appointment,” remarked Tabout. “We are looking forward to delivering our portfolio of service and support solutions to help Perkins-powered customers throughout Morocco. Customers will benefit from our highly trained technicians, our infrastructure set up and our extensive experience with industrial engines.”
This team will now be bolstered by the addition of a newly appointed service manager who will lead the service department overseeing technical support, coordinating field service technicians and service product support representatives.
Jaz Gill, vice president of global sales, marketing, service and parts at Perkins, added, “I’m very pleased our Perkins-powered customers in Morocco will be supported by Comapire going forward. I’m confident that Perkins end users will receive an exceptional level of service and support, as Comapire’s highly experienced team have worked with engines for many years. The investment they have made in their new facility in Casablanca, coupled with their geographical reach and proven customer engagement will serve them well.”
Construction vehicles powered by diesel engines contribute to significant costs and environmental pollution, impacting both nearby communities and ecosystems
IDTechEx’s report, Electric Vehicles in Construction 2024-2044: Technologies, Players, Forecasts, explores the accelerating shift toward electric construction vehicles, focusing on advancements in battery technologies, key industry players, and the societal benefits of electrification.
Cost reduction and efficiency
Electric construction vehicles are designed to maximise productivity, reliability, and efficiency while significantly reducing operational costs. Choosing the right battery chemistry is critical to achieving cost-effective electrification, ensuring the total cost of ownership is lower than that of diesel-powered alternatives.
Construction machines, unlike passenger vehicles, require sustained power over extended periods, which means lower power densities are sufficient. Additionally, electrification could replace traditional hydraulic systems with electric linear actuators, reducing maintenance needs, improving vehicle durability, and further lowering operational expenses.
Lithium Iron Phosphate (LFP) batteries are the leading choice for electric construction vehicles due to their durability and cost-effectiveness. In comparison, Nickel Manganese Cobalt (NMC) batteries, with higher energy and power density, are more suitable for compact machines but are more expensive. While NMC batteries are prevalent in Europe, LFP batteries dominate the Chinese market. Over 75% of pack manufacturers in Europe and North America currently use NMC batteries.
Innovations such as fast charging, battery swapping, and tethering address concerns about electric machines running out of power during a workday. Many new machines now feature larger batteries, enabling them to complete a typical day’s tasks without interruptions.
Electric construction vehicles bring transformative advantages, particularly in noise and air quality. Noise pollution is drastically reduced, allowing operators to communicate more effectively and minimizing disruptions to nearby communities. Improved air quality, thanks to the elimination of harmful diesel emissions, benefits workers' health and surrounding populations.
IDTechEx forecasts that by 2044, annual sales of electric construction vehicles will surpass 650,000 units, with the market valued at over US$126bn.
Marula Mining has taken a major step in advancing Kenya’s mining industry with a new partnership with the Mining Engineers Society of Kenya (MESK)
The two entities have signed a Memorandum of Understanding (MOU) that establishes a shared vision for advancing professional growth, integrating communities, and promoting sustainable practices within the sector.
This collaboration will include technical assessments, key projects focused on critical metals, and the implementation of global standards to improve operational efficiency. MESK will provide expert services in areas such as resource estimation, environmental management, and sustainable project management to Marula Mining.
As part of the partnership, Marula Mining will contribute to youth employment in the mining sector by offering annual internships and attachment opportunities for MESK members. Together, they will organise sessions on vital topics like sustainable mining, technological progress, and health and safety.
Enhancing Kenya’s mining sector
Through this collaboration, MESK will help strengthen Marula’s corporate social responsibility programs by supporting impactful community initiatives. Additionally, Marula Mining will provide financial support to fund a mineral processing research lab at a leading Kenyan university.
Joseph Njuguna Komu, chairman of MESK, emphasised the alignment of values between the two parties and their shared commitment to growing Kenya’s mining industry. Jason Brewer, CEO of Marula Mining, expressed his excitement about the partnership’s potential to drive innovation, build technical capacity, and benefit local communities.
Marula Mining, which focuses on investing in battery metals, has interests in lithium, manganese, cobalt, graphite, and copper projects across Africa. The company aims to become a socially and environmentally responsible producer of critical metals. Listed on the AQUIS Stock Exchange (London) and A2X Markets (South Africa), Marula plans to expand to the Nairobi Securities Exchange and Johannesburg Stock Exchange.
Bboxx, a data-driven super platform, has sought to offer comprehensive and affordable coverage for EV riders in Rwanda through the creation of Bboxx Protect
Created in collaboration with Radiant Yacu, the new product is a data-backed PAYGo (pay-as-you-go) model that enables pricing over 40% lower than the average market rate for comprehensive insurance. This provides an affordable option for motorbike owners relying on third-party coverage.
“With the launch of Bboxx Protect, we are doubling down on our commitment to serving existing markets while making affordable, comprehensive insurance accessible to motorbike riders who have long been underserved,” remarked Anthony Osijo, Bboxx CEO. “By reducing financial risk and offering greater security, we’re empowering thousands of customers to protect their livelihoods while contributing to a cleaner, more sustainable future.”
Rwanda’s insurance penetration currently stands at less than 1%, and so Bboxx Protect aims to address this issue by making insurance more accessible and affordable. Further, by being designed exclusively for electric motorcycles, the product provides a further incentive for riders to switch from traditional internal combustion engine bikes to their more environmentally friendly cousins.
The initial rollout will target 1,500 customers but potentially impact the 130,000 motorbike riders in the country who currently use simple third-party insurance.
“Through our strategic partnership with Bboxx, we are introducing a pioneering insurance solution that equips motorbike riders with the financial protection needed to confidently transition to electric vehicles,” commented Ovia K. Tuhairwe, Radiant Yacu Insurance CEO.
“By offering affordable, comprehensive coverage tailored to EVs, we are not only enabling a safer and greener future but also addressing Rwanda's low insurance penetration. This collaboration will make insurance more accessible to underserved communities, promoting financial inclusion and driving long-term economic growth across the country.”
The State of Libya has officially joined the African Export-Import Bank (Afreximbank), becoming the 53rd member, marking an important step toward enhancing continental trade and economic integration
This accession reflects Libya’s commitment to advancing Africa’s integration agenda through trade and investments, particularly in North Africa.
This partnership opens the door for Libya and Afreximbank to collaborate on several key development projects, with a focus on trade facilitation, infrastructure, and financial support. Notable projects include financing the development of the Misurata Free Zone and the construction of a road linking Libya, Chad, and Niger, which is expected to boost intra-African trade. Afreximbank will also provide technical and financial support to the Sahel-Saharan Bank for Investment and Trade (BSIC) to expand its operations in East Africa and assist Libyan exporters in gaining access to trade finance and African markets.
Minister Al-Mabrouk Abdullah highlighted the strategic importance of this partnership for Libya’s economic reconstruction and diversification, stated, “This partnership will not only provide vital financial and technical support to Libya but will also enhance the country’s role in intra-African trade.”
Benedict Oramah, president and chairman of Afreximbank, welcomed Libya’s membership, emphasizing the country’s historical significance within the continent:
“We are excited to warmly welcome the State of Libya to the Afreximbank Global Africa family. Libya’s historical connections with the rest of the continent positions it as a crucial player in advancing continental trade and economic integration. By joining, Libya’s Public and Private Sector entities will gain access to our extensive range of funded and unfunded products and services, particularly those geared towards deepening Libya-Africa trade and investment relations, investing in trade-enabling infrastructure, as well as transforming the structure of the Libyan economy.”
Libya’s GDP reached US$50.49bn in 2023, ranking it as Africa’s 12th largest economy. However, less than 10% of its trade is with other African nations. This partnership with Afreximbank offers a unique opportunity for Libya to expand its trade ties across the continent and drive economic growth.
Bobcat Waste Expert telehandlers are showing their mettle within waste and recycling industries across Europe, Middle East and Africa
Bobcat offers four Waste Expert machines, based on the TL35.70, TL34.65HF, TL38.70HF and TL43.80HF models from the company’s latest R-Series range of telehandlers. All are powered by Bobcat 74 or 101kW engines and offer lifting capacities from 3.4 to 4.3 tonne and lifting heights from 6.3 to 7.5 m.
“The Waste Expert range is based on our latest market-leading R-Series family of telehandlers, offering superior machines that combine all-day comfort, maximum productivity and reliability, intelligent features, a robust build with intuitive operation and excellent 360o ergonomics,” remarked Clement Rousseau, product manager for Telehandlers.
“Waste and recycling businesses need versatile machines that can handle a large variety of tasks, manoeuvre well in tight spaces and provide maximum efficiency in full safety throughout the working day. With the toughest design on the market, impressive bucket breakout forces, efficient cooling systems, a low centre of gravity and a long wheel base to enhance stability and lift capacity, our Waste Expert Telehandlers are ideally suited for the waste and recycling markets.”
Tough working environments
Bobcat has explained that, to deal with the tough working environments that usually typify recycling and waste management sites often, the Waste Expert machines are designed to be robust. Heavy-duty Dana Spicer axles and additional reinforced protection ensure this alongside with an extra-large boom head, a high-tensile steel boom, boom cushioning and protected hydraulic rams under and inside the boom.
Like all Bobcat telehandlers, the Waste Expert machines have a box welded frame to meet heavy duty cycles and offer a high ground clearance, with a bottom plate along the entire length to protect vital parts. There are also multiple additional features for working in harsh conditions.
An emphasis on operator experience
Bobcat has highlighted that the Waste Expert machines utilise the same cab design used in R-Series telehandlers to offer a premium workspace for the operator. In the ergonomic design, all surfaces have been optimised to offer increased space and visibility, while the backlit controls are within easy reach and are quickly identified thanks to their colour coding.
Special attention has been paid to the storage spaces and the general soundproofing has been enhanced to reduce the noise level in the cab by a half as a result. In terms of comfort, a Grammer Maximo Dynamic air suspension seat is included and the LCD colour display provides interactive and streamlined information.
In terms of safety, the telehandlers offer efficient, simple and safe operation with an intuitive, variable transmission and an Automatic Parking Brake for enhanced safety and operator convenience. Loading and Handling work modes are standard as is the ECO mode, which maintains optimum hydraulic performance without using the engine’s full power. Meanwhile, the telescopic boom provides excellent reach capabilities and the ability to handle a range of different attachments, thereby enhancing their range and their flexibility.
High performance
To accommodate for the different types of surfaces encountered at waste and recycling sites, Bobcat offers several tyre options. The company has also paid attention to the HF/High Flow Technology in the HF models offers enhanced hydraulic capabilities and performance with a 190 l/min load sensing pump and flow sharing distributor. This allows the operator to work at significantly lower speeds, consume less fuel and benefit from remarkably shorter working cycles.
“Like all our machines, the Waste Expert telehandlers are made for the hardest jobs, whilst still providing all the agility and versatility any application would require,” noted Rousseay. “In the HF models, the very robust machine build is combined with high flow capability for unmatched loading productivity and lift capacity.”