As advanced technologies continue to transform how work gets done, Caterpillar Inc. is reinforcing its commitment to the workforce behind that transformation. The company is opening registration for the Building the Future Workforce Challenge, a global innovation competition first discussed on stage at CES® 2026 by Caterpillar Chairman and Chief …
Read More »Europe and US Counter China with Landmark Lobito Corridor Rail Investment
The Africa Finance Corp. and the African Development Bank have each pledged $500 million towards a transformative railway project designed to link Zambia’s copper mines to international markets via the Angolan port of Lobito. This significant financial backing is bolstered by an additional $320 million contribution from Italy, as announced …
Read More »Sany’s $4.2 Billion AI Gamble and Reinvention
Chinese heavy-machinery giant Sany Group is staking its future on a RMB30 billion research and development offensive, aiming to transform from a traditional manufacturer into an AI-native robotics powerhouse and its leadership is under no illusions about what failure would mean. “We are at a ‘Super Technical Window’ where the …
Read More »Chinese based UMOE to deliver first cylinders for global hydrogen projects
UMOE Advanced Composites (UAC), a global supplier of large Type IV glass fibre pressure gas storage and transportation modules, has reached a key operational milestone with the first composite cylinders rolling off the production line at its new manufacturing facility in Jiaxing, marking the start of industrial production at the …
Read More »Leaked US-Zambia Health Deal Sparks Mineral Rights Controversy
A deepening diplomatic row has erupted over a leaked draft memorandum of understanding between Washington and Lusaka, suggesting that a US$1 billion health financing package may be tied to aggressive concessions in Zambia’s mining sector. The controversy centres on allegations that the Trump administration is leveraging Zambia’s fiscal vulnerability exacerbated …
Read More »UAE and Zambia explore expanding economic relations
The UAE and Zambia have explored new ways to enhance their trade relationship, with a focus on attracting investment and tapping into untapped sectors. The move underscores a growing partnership aimed at boosting economic opportunities on both sides. Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, met Hakainde …
Read More »Saudi Consortium Seals R23bn Barloworld Takeover
The Zahid Group from Saudi Arabia has finalised its R23 billion acquisition of Barloworld, completing a landmark deal that will see the South African industrial group delist from the JSE and A2X and transition to private ownership under a Middle Eastern-led consortium. The acquisition was executed through Newco, a consortium …
Read More »France Eyes Africa’s Minerals to Secure Energy Future
A newly announced country strategy by President Emmanuel Macron signals a sharpened focus on Africa’s mining sector, positioning the continent as central to France’s long-term energy security and industrial competitiveness. As competition for minerals intensifies globally, led by China, Russia and the U.S, the strategy signals a renewed push by …
Read More »Green Innovation Leads LiuGong at Mining Indaba 2026
LiuGong will return to Mining Indaba 2026 with a clear message for Africa’s mining sector, that sustainability and productivity no longer have to be trade-offs. Building on strong engagement at last year’s event, the global equipment manufacturer will use the Cape Town gathering from 9 to 12 February to highlight …
Read More »US Links $1.5 Billion Health Aid to Mining Concessions, Signals New Transactional Era in Africa
The United States government has abruptly postponed the scheduled signing of a $1.5 billion health funding agreement with Zambia, instead making the aid contingent upon “collaboration in the mining sector” and broader business sector reforms. The move, which links humanitarian assistance to geopolitical and economic concessions, is being described by …
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