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Magna Tyres latest releases have been delivered to push the boundaries of tyre technology. (Image source: Magna Tyres)

Magna Tyres, a global leader in tyre manufacturing, has launched five additions to its product portfolio

The development, that the company stated demonstrates its commitment to excellence and innovation in the industry, includes the expansion of the MB800 Series which will be available in a larger size: 355/65-15. This has been undertaken to enhance the versatility and efficiency of the product for a wide range of applications.

Elsewhere, the company has enhanced the M-STRADDLE tyre which is now available in size 450/95R25. Designed to withstand heavy loads and harsh working environments, the new release is catered to the specific needs of the material handling industry.

To meet the evolving demands of off-road and heavy-duty operators, Magna Tyres has introduced the M-TRACTION tyre that has been engineered with state-of-the-art technology. According to the company, the new product delivers superior traction, durability and stability to ensure optimal performance in the most challenging terrains and weather conditions.

For underground mining operations, the new MU26 tyre has been unveiled to deliver enhanced traction, durability and resistance to abrasions. Maximising both performance and longevity, it is being made available to ensure uninterrupted operations and reduce downtime.

The MA610 is the final addition to the new product line-up. Designed for short duration forklift shifts, the product is engineered with a strong base and wear-resistant tread compounds and is available in multiple sizes.

Hein de Wind, commercial director at Magna Tyres, explained, “We are thrilled to introduce these five new tyres, which represent the culmination of our tireless dedication to innovation and excellence. Each tyre has been meticulously engineered to exceed the expectations of our customers, offering unrivalled performance, durability, and value across diverse applications and industries."

The launch of these five new tyres underscores Magna Tyres' unwavering commitment to pushing the boundaries of tyre technology and delivering solutions that empower businesses to thrive in today's dynamic market landscape.

The agreement was signed at the Africa CEO Forum. (Image source: Spiro)

Spiro, thought to be Africa’s largest electric vehicle (EV) company, has set its sights on further expansion following the signing of a US$50mn debt facility with the African Export-Import Bank (Afreximbank), a pan-African supranational multilateral financial institution

The EV company has deployed more than 14,000 bikes and recorded more than nine million battery ‘swaps’ in the five countries it covers – Togo, Benin, Rwanda, Uganda and Kenya. Its ultimate mission is to reduce environmental impact and enhance urban mobility across Africa by building an integrated EV ecosystem.

The signing ceremony between Spiro and Afreximbank was held in Kigali, Rwanda, during the Africa CEO Forum, and featured Kaushik Burman, CEO of Spiro, and Kanayo Awani, executive vice president of Afreximbank.

"This partnership affirms our commitment to fostering sustainable innovation and green technologies in Africa,” stated Awani. “The future of transportation lies in the use of electric vehicles and as demand for clean energy solutions soars, support towards companies like Spiro is crucial for accelerating the adoption of electric vehicles and reduction of carbon emissions. This collaboration not only aligns with our values of sustainability and responsible banking but also reaffirms our belief in the power of innovation to create a better world for future generations."

Towards a sustainable Africa

The newly available funds will allow Spiro to further expand its network of automated swap stations as well as introducing new electric bike models.

"This partnership with Afreximbank is a pivotal development for Spiro,” Burman commented. “The US$50mn debt facility will significantly enhance our operational capabilities and help us expand our footprint to more African countries. It’s a testament to the confidence in our business model and our contribution to sustainable development in Africa."

Last year, African Review spoke to Jules Samain of Spiro to learn more about the company’s journey and ambitions. Discover the full interview at:

Ayman Ashour, CEO of Siemens Mobility Turnkey MEA. (Image source: Alain Charles Publishing)

The Middle East Rail took place from 30 April to 1 May this year. The event was packed with panel sessions discussing sustainability and better railway systems. Sania Aziz reports:

Advantages of MSC solutions include one-stop shop convenience, an efficient claim process, and tailored competitive rates. (Image source: MSC)

MSC, a global leader in container shipping, has expanded and upgraded its previous cargo protection offering to allow businesses to seize opportunities, mitigate risks and thrive in the modern business environment

The extension is expected to strengthen Rwanda’ position as a logistics hub in the region. (Image source: AGL)

AGL Rwanda, a leading logistics operator in the East African country, has laid the foundation stone for the extension of its Kigali warehouse

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