African Review of Business and Technology

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African Review of Business and Technology Pan-African business magazine covering business, industrial, power and construction markets.

African Review is Africa's premier English language business magazine. It contains more business-related editorial, more advertising pages and has a higher circulation than any other publication of its kind. Each issue's highly respected editorial contains special sections on a wide variety of topics including information technology, oil and gas and construction. Editorial covers all aspects relevant to Africa's key decision makers.

's  New Power Systems report predicts global electricity demand to double by 2050 amid a shift to renewables like wind a...
21/06/2024

's New Power Systems report predicts global electricity demand to double by 2050 amid a shift to renewables like wind and solar. As renewable sources expand, grid technology must evolve to handle increased variability and demand for flexibility. Investments in AI, battery storage, and hydrogen chains are crucial. DNV emphasises the need for coordinated global efforts and innovative policies for a successful energy transition.

Read more: https://zurl.co/QUFz

According to DNV, the energy transition requires significant grid expansion to accommodate for an increased decarbonised energy system

Is eliminating routine flaring by 2030 a realistic goal? This is the question posed by Hesham El Shamy of Aggreko as he ...
21/06/2024

Is eliminating routine flaring by 2030 a realistic goal?

This is the question posed by Hesham El Shamy of Aggreko as he explores the environmental impact of flaring and how flare-to-power can help achieve this aim.

“Using flare-to-power solutions, companies can respond intelligently to the energy trilemma as they offer an innovative and sustainable route to capitalising on the latent energy that comes with flaring. Rather than treating the gas as a waste product, flare-to-power solutions harness it as a resource, using it to generate electricity and a source of clean energy.”

Discover the full opinion piece by Hesham El Shamy at: https://zurl.co/UirK

&Gas

Hesham El Shamy, oil & gas sector lead at Aggreko AMEA, explores the feasibility of eliminating flared gas by 2030

Rokbak has partnered with Heavy Machinery Dealership (HMD)  to bring its high-performance articulated haulers to Nigeria...
19/06/2024

Rokbak has partnered with Heavy Machinery Dealership (HMD) to bring its high-performance articulated haulers to Nigeria, Ghana, Senegal, Benin, Guinea, and Côte d'Ivoire. HMD, a premier provider of construction, mining, and quarrying equipment in West Africa, will support Rokbak’s expansion in the region.

With demand for reliable machinery at an all-time high due to booming construction and mining industries, Rokbak is promoting two hauler models: the RA40 (331kW/444 hp, 38 tonne) and the RA30 (276 kW/370 hp, 28 tonne). Both feature a transmission retardation system, adaptable drivetrain, and easy maintenance.

Paul Douglas, Rokbak managing director, added, “We are delighted to partner with HMD in West Africa. HMD's reputation for excellence and customer satisfaction aligns perfectly with Rokbak and the Volvo Group’s values. This partnership is a testament to our commitment in expanding our global reach and supporting customers in even more territories in the construction, quarrying and mining industries. Our high-quality haulers, combined with HMD’s vast experience and local expertise, will deliver exceptional value to our customers.”

Read more: https://zurl.co/UcnA

Rokbak has partnered with Heavy Machinery Dealership (HMD) to help bring its ADTs to customers in Nigeria, Ghana, Senegal, Benin, Guinea and Côte d'Ivoire

Championing African generator market growth!Carl Emery of Caterpillar explains what are the key industries driving equip...
18/06/2024

Championing African generator market growth!

Carl Emery of Caterpillar explains what are the key industries driving equipment sales on the continent and how the company is updating products to meet modern customer requirements.

“With the growing prime power need, customers value Caterpillar’s best-in-class life cycle cost proposition. Cat generator sets have traditionally been known for their reliability, durability, and reduced lifecycle costs, and African customers who value total cost of ownership are taking the performance of Cat diesel generator sets to the next level through connectivity and data analytics.”

Discover the full article at: https://zurl.co/PmhP

Banyan Investment Banking & Hedge Fund and  have partnered with Aeroterra  & Eldera Matadata Presisi to assess Kenya's c...
14/06/2024

Banyan Investment Banking & Hedge Fund and have partnered with Aeroterra & Eldera Matadata Presisi to assess Kenya's carbon credit assets using cutting-edge drones and AI technology. Once regulatory approval is obtained, the project will accurately measure carbon deposits in real-time and rejuvenate soils via drone seeding. This $650,000 initiative, financed through Letscoin, aims to enhance carbon management and sustainability efforts.

Read more: https://zurl.co/Qwhs

Aeroterra & Eldera Matada Presisi has been selected as the technology partner to assess the value of Kenya’s carbon credit assets

📈📈 A positive outlook for African economies!  📈📈 African Export Import Bank - Afreximbank has launched its African Trade...
13/06/2024

📈📈 A positive outlook for African economies! 📈📈

African Export Import Bank - Afreximbank has launched its African Trade Report 2024 and African Trade and Economic Outlook Report 2024, forecasting greater growth in African economies than the global average.

According to the organisation’s Yemi Kale, “This performance is reflective of the resilience of the African economy and the potential impact of the African Continental Free Trade Area’s (AfCFTA) single market for the continent as a tool to protect them from global shocks.”

Discover more insights revealed by the reports at: https://zurl.co/tUMA

Afreximbank has launched its African Trade Report 2024 and African Trade and Economic Outlook Report 2024

AGL Egypt (Africa Global Logistics ) under the leadership of Osama Sedawy, has successfully transported a 50-ton transfo...
12/06/2024

AGL Egypt (Africa Global Logistics ) under the leadership of Osama Sedawy, has successfully transported a 50-ton transformer with 14 tons of nitrogen gas to Zimbabwe via the Port of Durban. Despite complex border crossings, challenging road conditions, and local regulations, the AGL team executed the operation flawlessly. This achievement highlights AGL's pivotal role in supporting Africa's economic development and infrastructure advancement, showcasing their ability to manage large-scale, complex operations with precision and reliability.

Read more: https://zurl.co/zXVg

AGL Egypt, part of Africa Global Logistics, has successfully transported a 50-ton transformer to Zimbabwe from the port of Durban in South Africa

Africa’s sustainable aviation fuel opportunity? Omar Ali Adib of Rolls-Royce plc has explained why there are opportuniti...
12/06/2024

Africa’s sustainable aviation fuel opportunity?

Omar Ali Adib of Rolls-Royce plc has explained why there are opportunities for Africa in the global transition to cleaner, sustainable aviation fuel which will need to be indigenously produced to be truly sustainable.

“Africa has over 24% of the world’s agricultural land and 60% of the world’s uncultivated arable land. Thanks to partnerships forged between the government and private sector in East Africa, we are delighted to see the seeds are already being sown to develop a world-leading biofuel sector.”

Read the full piece at: https://zurl.co/DSOt

Omar Ali Adib from Rolls-Royce has outlined why there are opportunities for Africa in the transition to sustainable aviation fuel

🌿 UN Trade and Development leaders have explored the potential for Africa to become a competitive hub for green industri...
10/06/2024

🌿 UN Trade and Development leaders have explored the potential for Africa to become a competitive hub for green industrialisation at an event held in Addis Ababa, Ethiopia

https://zurl.co/ofsY

UNCTAD leaders have explored the potential for Africa to become a competitive hub for green industrialisation at an event held in Ethiopia

Haulotte Africa & Islands, part of the Haulotte Group has signed a distribution agreement with Côte d'Ivoire-based  EQUI...
07/06/2024

Haulotte Africa & Islands, part of the Haulotte Group has signed a distribution agreement with Côte d'Ivoire-based EQUIPEMENTS - STILL Côte d'Ivoire to enhance its presence in West Africa. ICOGEF, located in Abidjan, provides handling and logistics equipment, aiming to offer comprehensive support to its customers.

Hassan Khalil, general manager ICOGEF, remarked, “Our vision and objective have always been to position ourselves as a solutions provider and not just an equipment supplier, which is why this partnership between Haulotte and ICOGEF EQUIPEMENTS will enable us to offer complete, professional and high-quality solutions to our customers, who have placed their trust in us completely. Haulotte, its reputation and its dynamic team, in addition to our determination to succeed, will be the strong points of this success.”

Read more: https://zurl.co/PXCP

Haulotte Africa & Islands has signed a distribution agreement with Côte d'Ivoire-based ICOGEF EQUIPEMENTS

The Vertiv DynaFlex battery energy storage system provides flexibility for mission-critical environments in utility powe...
06/06/2024

The Vertiv DynaFlex battery energy storage system provides flexibility for mission-critical environments in utility power, a critical step in the deployment of a dynamic power architecture. Its lithium-ion batteries provide utility-scale energy for long duration support.https://www.vertiv.com/49167d/globalassets/documents/white-papers/vertiv-bess-data-center-microgrids-wp-en-na-sl-71129-web.pdf

05/06/2024

Kal Tire's Mining Tire Group is leading the way in sustainability with its Maple Program, helping mining operations save on CO2 and oil emissions by retreading and repairing tyres instead of buying new ones. Each Maple certification, rated 1 to 5 maple leaves, reflects significant environmental savings, crucial for ESG reporting and reducing Scope 3 emissions. Recently, Kal Tire shared insights with African Review about their green initiatives and Ultra Tread technique, which cuts up to 75% emissions in West Africa.

Learn more about Kal Tire's commitment to a greener future: https://zurl.co/wLHy

05/06/2024

African Review June issue available now: https://zurl.co/JIgi

Discover unique industry insights covering:
💻Cyber Security💻
🌏Mining Export Credit🌏
💡Africa Energy Forum Preview💡
👷Construction Foundations👷

Discover all this, and much more, now: https://zurl.co/JIgi

Come to Rimini Expo Centre from 24 to 27 September for Tecna 2024 and discover the future of surfaces! Attend to discove...
01/06/2024

Come to Rimini Expo Centre from 24 to 27 September for Tecna 2024 and discover the future of surfaces!

Attend to discover a complete overview of the main innovations on the surfaces market. Take part in the various events planned, which will focus on the main themes of the ceramics and non-ceramics industry.

Learn more at by visiting: Tecna

📢   will be held at the 📍 Fira de Montjuïc, Barcelona, Spain Fira Barcelona in less than a month.We will bring to you fo...
29/05/2024

📢 will be held at the 📍 Fira de Montjuïc, Barcelona, Spain Fira Barcelona in less than a month.

We will bring to you four days of interactive discussions, examining a variety of key areas including:

▪ Gas as a transitional enabler
▪ Improving energy systems and optimizing the grid
▪ Financing the green transition
▪ Advancements in Battery storage
▪ Cross-border collaborations and projects
▪ Transmission as a vehicle for releasing capital for generation
▪ Solar, wind and hydro project updates
▪ Developing hydrogen on the continent
▪ Powering sustainable mining operations

👉 A special thanks to our Forum Sponsor: Sun Africa, Exhibition Sponsor: Aksa Power Generation, Global Partners: The World Bank Group, Africa IPP Partner: Globeleq, Sustainable Finance Partner: Nedbank Corporate and Investment Banking

And, our Lead Sponsors, sponsors and partners:

▪ African Development Bank Group
▪ The African Legal Support Facility
▪ AMEA Power
▪ African Trade Insurance Agency-ATI
▪ British International Investment
▪ ENGIE
▪ European Investment Bank
▪ GE Vernova
▪ Infinity Power
▪ MYTILINEOS
▪ Red Rocket Energy
▪ Standard Bank Group
▪ Synergy Consulting
▪ TotalEnergies

🔗 https://zurl.co/tYo

Exciting news from Liebherr Mining and Fortescue! The introduction of hydrogen-powered T 264 haul truck prototype, named...
24/05/2024

Exciting news from Liebherr Mining and Fortescue! The introduction of hydrogen-powered T 264 haul truck prototype, named Europa, marks a significant step towards zero-emission mining. With a 1.6MWh battery, 500KW fuel cells, and 380 kg liquid hydrogen storage, it's a leap towards a greener mining industry. Other leaders like Bobcat Company and Caterpillar are also embracing hydrogen technology.

Read more: https://zurl.co/vmS8

The Liebherr and Fortescue hydrogen-powered T 264 haul truck prototype has been operated for the first time in a significant achievement for both companies

Mantrac Group is committed to ensuring optimal performance and longevity of heavy machinery across various industries. O...
22/05/2024

Mantrac Group is committed to ensuring optimal performance and longevity of heavy machinery across various industries. Operating in 13 territories, Mantrac offers best-in-class Cat equipment, power solutions, and support services. Their Certified Rebuild Centres in Egypt, Ghana, Nigeria, and Tanzania meet Caterpillar’s rigorous standards, restoring machinery to like-new condition. By providing flexible repair and rebuild options, Mantrac helps customers maximise their investments, minimise downtime, and reduce repair costs. With sophisticated diagnostic tools and expert technicians, Mantrac ensures machinery performs reliably, enhancing operational efficiency for businesses big and small.

Read more: https://zurl.co/75lW

News and analysis from across Africa's construction and mining industries

Rosond promotes zero harm in all its operations!“Safety is embedded in our culture and will always be our number one pri...
21/05/2024

Rosond promotes zero harm in all its operations!

“Safety is embedded in our culture and will always be our number one priority,” said Rosond MD, Ricardo Ribeiro. “It is our anchor value that formed the foundation of our business 68 years ago and continues to support and protect us today. These achievements, and those at other locations, are attributable to the culture of caring and responsibility embedded across all our operational sites.”

As part of its continued efforts towards zero harm, the drilling technology solutions provider introduced a new mascot to promote health and safety awareness among its crew across all of its sites last year. Discover the full article at: https://zurl.co/Svzw

&Safety

Spiro Electric Motorbikes set for further expansion!Africa’s largest electric vehicle (EV) company has set its sights on...
21/05/2024

Spiro Electric Motorbikes set for further expansion!

Africa’s largest electric vehicle (EV) company has set its sights on further growth following the signing of a US$50mn debt facility with African Export Import Bank - Afreximbank.

“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,” said Kanayo Awani, executive vice president of Afreximbank. “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."

Learn more about Spiro’s ambitions at: https://zurl.co/wFEp

A new generation of Volvo Construction Equipment wheel loaders!The global leader in construction solutions has released ...
20/05/2024

A new generation of Volvo Construction Equipment wheel loaders!

The global leader in construction solutions has released the H-generation L110H and L120H wheel loaders to replace the F and Gz models.

Suited for a range of applications such as waste handlings, log handling, rehandling and more, the new machines have been designed to boost productivity by 12%, fuel efficiency by 28% and to generally enhance operator performance!

Learn more about the new products from Volvo CE at: https://zurl.co/ErQc

Powerscreen extends PX Equipment's territory to Côte d'Ivoire and Nigeria! With depots in Ghana, Nigeria, and Ivory Coas...
17/05/2024

Powerscreen extends PX Equipment's territory to Côte d'Ivoire and Nigeria! With depots in Ghana, Nigeria, and Ivory Coast, PX Equipment will now offer Powerscreen equipment, spare parts, and expert support across these regions.

“We have a longstanding business relationship with Powerscreen, and we are pleased that they have chosen us to represent the brand in Ivory Coast and Nigeria,” commented Luke Talbot, managing director at PX Equipment. “With three strategically placed depots in Ghana, Nigeria and Ivory Coast, we are in a strong position to sell Powerscreen equipment and support our customers across the region."

Read more: https://zurl.co/b6Kx

10GW wind farm moves closer to construction in Egypt!Infinity Power Hassan Allam Properties and Masdar have signed a lan...
16/05/2024

10GW wind farm moves closer to construction in Egypt!

Infinity Power Hassan Allam Properties and Masdar have signed a land access agreement with the Egyptian government to mark another step towards the delivery of the US$10bn project that is expected to cut around 9% of the country’s annual carbon emissions.

"We are excited to be moving to the next step of the development of our 10GW wind farm in Egypt and cannot wait to see it progress,” said Mohamed Ismail Mansour of Infinity Power. “Not only will this project deliver substantial benefits during construction and operation, creating jobs for local people and investing in their local communities, the impact of the energy uplift will be amazing to see. This source of clean, affordable energy will save Egypt money, reduce emissions and power industry across the country.”

Read the full story on African Review at: https://zurl.co/gyj0

Want to master the art of ADT operation? Rokbak operators start with comprehensive truck knowledge, perform essential pr...
15/05/2024

Want to master the art of ADT operation? Rokbak operators start with comprehensive truck knowledge, perform essential prestart checks, and adhere to worksite limits. They ensure safety, use technology to manage payloads, and stay alert to surroundings. Effective communication and proper maintenance are key to their success.

Read more: https://zurl.co/zYPh

Orica continues efforts to make mining more sustainable!The leading mining and infrastructure solutions provider has ann...
14/05/2024

Orica continues efforts to make mining more sustainable!

The leading mining and infrastructure solutions provider has announced that it will manufacture the world’s first lead-free electronic blasting system range, following the successful introduction of the lead-free non-electric detonator range last year.

“With the expansion of our lead-free NPED technology to our market-leading electronic blasting systems range, Orica takes another step towards a more sustainable future for the industry,” commented Orica chief technology officer Angus Melbourne. “It’s a testament to Orica’s 150-year history of innovation and commitment to safer and more responsible solutions that deliver positive economic, social, and environmental outcomes. I would like to thank our teams around the world for their outstanding commitment to delivering innovative solutions to our customers and the industry.”

Learn more about the range at: https://zurl.co/REEQ

's recent acquisition of four contracts with leading mining companies marks a significant step in advancing power grid d...
10/05/2024

's recent acquisition of four contracts with leading mining companies marks a significant step in advancing power grid digitisation in Africa and the Middle East. Partnering with Barrick Gold Corporation, PLC, Mining Limited, and Gold Corporation, VoltVision aims to enhance operational efficiencies and accelerate decarbonisation efforts in the mining industry. The company's tailored solutions offer real-time monitoring and reporting, enabling miners to optimise power usage and reduce costs effectively.

Learn more: https://zurl.co/SRxU

AMEA Power  breaks ground on another solar project!The renewable energy company has broken ground on the 120MW Kairouan ...
09/05/2024

AMEA Power breaks ground on another solar project!

The renewable energy company has broken ground on the 120MW Kairouan Solar PV project which is expected to power more than 43,000 households upon completion in Q4 2025.

“By taking advantage of its renewable energy resources, and its strategic location between North Africa and Europe, Tunisia can become a prime location for green energy and trade,” said Hussain Al Nowais, Chairman of AMEA Power. “This groundbreaking project is a beacon for future renewable energy projects in the country, supporting the government’s goal of achieving 35% of renewable energy in its energy mix by 2030.”

Learn more about the project, and AMEA Power’s other initiatives in Africa at: https://zurl.co/uecu

Exciting news from Danfoss! The acquisition of BOCK GmbH solidifies Danfoss's position as a leading provider of energy-e...
08/05/2024

Exciting news from Danfoss! The acquisition of BOCK GmbH solidifies Danfoss's position as a leading provider of energy-efficient solutions in Africa. With BOCK's renowned compressors, Danfoss is ready to drive energy efficiency and sustainability across the continent.

Read more: https://zurl.co/kStN

Wärtsilä Energy  powers cement production in Nigeria!The company has signed a ten-year operations and maintenance (O&M) ...
07/05/2024

Wärtsilä Energy powers cement production in Nigeria!

The company has signed a ten-year operations and maintenance (O&M) agreement for a captive power plant to provide energy for a cement facility in Kogi State.

Five Wärtsilä 34DF dual-fuel engines deliver an output of 50MW and the O&M agreement will ensure that the facility can reliably maintain its production target of 3mn metric tons of cement per year.

“Wärtsilä now has more than 400MW of installed capacity for the cement industry in Nigeria, and we are operating three captive power plants in three different states,” said Patrick Borstner of Wärtsilä Energy. “This successful track record clearly indicates our capabilities and highlights the added value we can deliver to our customers through our experience and expertise in supporting their operations.”

Discover the full story at: https://zurl.co/ub7X

03/05/2024

The latest issue of Africa Review is out now!

Don’t miss this month’s curated industry insights including a deep dive into the sustainable shipping solutions defining the logistics market, why Bitcoin can be a catalyst for Africa’s clean energy shift, and a dialogue putting the spotlight on research solutions for tech advancements within the mining sector.

Inside, you can also discover the thoughts of Sameh Shenouda from Finance Corporation, who discusses the perceived risks around mining projects and keeping value within the continent.

Discover all this, and more, within African Review May issue now: https://zurl.co/DZ6C

A new era in Nigerian construction?Lafarge Africa Plc has unveiled the innovative ‘Watershield’ cement, a water resistan...
02/05/2024

A new era in Nigerian construction?

Lafarge Africa Plc has unveiled the innovative ‘Watershield’ cement, a water resistance and durable product that is delivered to ensure longevity of buildings.

The launch was described as a “moment of transformation in the construction industry,” by Lolu Alade-Akinyemi, GMD/CEO, Lafarge Africa Plc, who added the product “represents a safer, more sustainable built environment for current and future generations, offering peace of mind and significant savings in time and resources.’’

Learn more about the new solution at: https://zurl.co/u6o0

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