Wednesday , September 9 2026

Business

Policy Shifts in Indonesia Drive Chinese Nickel Capital into Africa

Chinese companies that reshaped Indonesia into the world’s dominant nickel hub are increasingly turning their attention to Africa, as policy tightening in Jakarta begins to unsettle the investment model that underpinned the sector’s rapid expansion. The shift reflects growing uncertainty around Indonesia’s regulatory direction, where tighter ore export controls, revised …

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South Africa and Kenya push to turn African integration into industrial growth

While presidents Cyril Ramaphosa and William Ruto spoke of industrialisation, investment and African integration, business leaders at the South Africa-Kenya Business Forum repeatedly returned to a simpler complaint: Africa’s trade agreements are moving faster on paper than they are at border posts, customs offices and regulatory agencies. Held at Gallagher …

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Scania expands Angers production site for electric trucks

Scania’s dual-mode production strategy reflects a cautious hedge against uneven EV adoption rates in European heavy freight Scania is to invest €70m (US$81.2m) in its Angers production site in France, extending the facility and adapting assembly lines to enable electric truck production alongside combustion engine output. The investment strengthens Scania’s …

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EACOP, TotalEnergies host energy sector youth

East Africa Crude Oil Pipeline (EACOP) and TotalEnergies recently hosted the 4th Students’ Conference on Youth in the Energy Sector. The fourth edition of the Conference was held in Arusha, bringing together over 200 students, industry leaders, and key stakeholders under the theme: ‘From Resource to Prosperity: How Tanzania Turns Energy …

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SKF Cooper sealed split spherical roller bearings

SKF Cooper sealed split spherical roller bearings offer what standard bearings cannot, a powerful combination of an innovative split design coupled with premium quality and excellent craftsmanship. The pairing enables rapid installation, seamless replacement as well as simplified repair and maintenance, delivering minimal disruption to operations and securing swift turnarounds. …

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TOMRA helps expand capacity at PLS’ Pilgangoora P1000

Large-scale hard rock lithium operations are facing increasing pressure to balance throughput, operational stability and resource efficiency as projects continue to expand and ore bodies become more complex. At PLS’ Pilgangoora Operation in Western Australia, the P1000 expansion marks an important step in this evolution. Expanding on the earlier P680 …

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AfDB launch tracker to monitor Africa’s electricity access drive

The African Development Bank Group launched a Mission 300 Progress Tracker, at the African Development Bank Group’s 2026 Annual Meetings in Brazzaville, Congo. According to the financial institution, the public digital platform provides real-time data on electricity access across Africa, it offers project-level visibility into Mission 300 supported operations, enabling …

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Gold Slides as Iran Strikes Rattle Markets

Escalating tensions between the United States and Iran pushed gold to a two month low, as renewed inflation concerns strengthened the dollar and lifted oil prices, while markets awaited key U.S. inflation data for further direction. Spot gold declined 1.5% to $4,389.99 per ounce as of 0902 GMT, after earlier …

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Jinchuan Uncovers $145 Million Ruashi Mine Fraud in Congo

Jinchuan Group International Resources Co. has uncovered an alleged $145 million fraud scheme at its copper and cobalt operations in the Democratic Republic of Congo, revealing years of fabricated invoices, questionable procurement, and suspicious cash payments. The Hong Kong-listed miner said an independent investigation into its Ruashi Mine operations found …

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Kenya and Uganda’s Infrastructure Boom Gets a Machine Built for It – Updates

Ganatra Plant and Equipment Limited has launched the JCB 345 LC in Kenya and Uganda, introducing a 34 tonne heavy-duty excavator designed precisely for the scale of infrastructure and mining projects currently reshaping both countries. The machine is capable of digging to depths of 6.6 metres and handling hard rock …

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