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Vision 2030 Lands in Nairobi as Saudi Firm Buys Into Tatu City

Saudi Arabia’s diversification push has reached East Africa’s skyline. Mabani Aljazeera Holding Group has agreed to acquire a 50%-less-one-share stake in Jabali Towers, a flagship mixed-use development inside Tatu City’s Special Economic Zone, its first-ever investment in Kenya and a signal that Gulf capital is moving well beyond its traditional …

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Africa’s Biggest Battery Reaches Financial Close in South Africa

Globeleq has reached commercial and financial close on its 153 MW/612 MWh Red Sands battery energy storage system (BESS) in South Africa’s Northern Cape, in what is being described as Africa’s biggest standalone battery project to reach commercial close. The renewables developer, owned by the development finance institutions of the …

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BHP, Rio Tinto and Caterpillar launch battery-electric haul truck trial

BHP, Rio Tinto and Caterpillar have launched a trial of two Cat® 793 XE Early Learner battery-electric haul trucks at a mine-site demonstration in Western Australia’s Pilbara as part of an industry-first collaboration. Following three months of on-site testing at BHP’s Jimblebar iron ore mine, the trial is showing meaningful …

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