The Journal of African Business Issue 15

THE JOURNAL OF
AFRICAN
BUSINESS
December/January/February 2026 Issue 15
PACCI AT THE
HEART OF IATF2025
MISSION 300 AIMS TO
CONNECT MILLIONS
OF AFRICANS TO THE
ELECTRICITY GRID
LOW-METHANE
LIVESTOCK
THE OPPORTUNITY
IS HUGE
IHG Hotels & Resorts is
expanding further in Africa
ATTRACTING GLOBAL INVESTMENT
The CEO of the Gauteng IDZ, Thandiwe Ngqobe, is proud that OR Tambo SEZ is achieving
its goals and preparing new precincts to welcome investments into a thriving
economic ecosystem.
Special feature on Special Economic Zones
• A strategic reset is underway to strengthen South African SEZs
• More than 200 African SEZs are building economic strength through a targeted sectoral approach
• Lagos Free Zone and Lekki Port gear up for increased volumes

HELPING PROTECT LOCAL WATER
SOURCES
Coca-Cola Beverages Africa steps up
As we face increasing water insecurity worldwide, with demand surpassing supply in many regions including Africa,
Coca-Cola and its bottling partners are actively working to help accelerate efforts to address water stress, protect
local water resources and build community climate resilience.
CCoca-Cola Beverages Africa (CCBA) recognises its responsibility to
assist those who face water scarcity and to protect local water resources
where we operate, especially in places with the biggest challenges.
Water is essential to people and ecosystems and is the main
ingredient in most of our products.
The projects we support aim to build long-term resilience and improve
water security in local communities. They benefit local watersheds that
supply water for drinking, agriculture and manufacturing, restore and
conserve habitats for plants and animals while offering opportunities for
local economic development.
The Coca-Cola System’s Africa Water
Stewardship Initiative
One such project is the Coca-Cola System’s Africa Water Stewardship
Initiative that was announced last year by The Coca-Cola Company in
Africa and its bottling partners, CCBA, Equatorial Coca-Cola Bottling
Company (ECCBC) and Coca-Cola Hellenic Bottling Company (HBC).
It includes a nearly $25-million investment to help address critical
water-related challenges in local communities in 20 African countries
beginning in 2024 and continuing through 2030.
The work will be led by the Global Water Challenge (GWC) and
implemented by a consortium of partners, including The Nature
Conservancy (TNC), the International Union for Conservation of Nature
(IUCN) and the World Wildlife Fund (WWF).
The Coca-Cola System’s Africa Water Stewardship Initiative aims to
help protect and enhance the health of important watersheds and to help
improve access to water and sanitation services in local communities.
Spotlight on Ethiopia
In Ethiopia, CCBA, in collaboration with Drop of Water, local
communities and the Amhara Regional State Water Resource Bureau,
has completed a clean-water-supply project in Bahir Dar Zuria Woreda,
Amhara Regional State.
The project supports The Coca-Cola Company’s goal to return safe
water back to nature and communities.
CCBA in Ethiopia has contributed three-million Birr to the total project
budget of nearly 3.9-million Birr, with the remaining funds provided by
Drop of Water and the beneficiary community.
Designed in close partnership with the Amhara Regional State Water
Bureau, local administration and community stakeholders, the project
included building a reservoir and installing eight water distribution points
across a 12km span.
Efforts in Mozambique
Meanwhile, CCBA in Mozambique has invested nearly MZN8-million in
two infrastructure projects that are providing access to safe water for
communities near its bottling plants in Nampula and Matola-Gare.
In Nampula, CCBA and water entity Águas da Região Norte (ADRN)
have extended the water network in the Napipine-Nicuta neighbourhood.
The second project provides water to Block 13 in Matola-Gare where
CCBA’s plant is located. The systems provide convenient access to
potable water for the community.
The Coke Ville programme in South
Africa
In South Africa, water-stressed communities around the country have
gained access to a supply of potable water as Coca-Cola Beverages
South Africa (CCBSA) continues to invest in water initiatives that aim to
benefit nature and communities.
Since 2020, CCBSA has implemented Coke Ville, an innovative
off-grid, solar-powered groundwater harvesting and treatment initiative.
This programme encompasses the entire process of pumping, treating,
storing and distributing groundwater to water-stressed communities,
providing local residents with access to potable water at no cost.
CCBSA’s Coke Ville programme has supplied clean and safe drinking
water to communities in Limpopo, KwaZulu-Natal, Gauteng, Free State
and the Eastern Cape provinces, benefiting thousands of households.
One of the company’s largest Coke Ville projects is a R12-million
groundwater harvesting project that supplies the town of Graaff-Reinet
in the Eastern Cape with potable water. This particular implementation
directly integrates with the municipality’s infrastructure to supply water
to the local community.

The Coca-Cola System’s Africa Water
Stewardship Initiative aims to help
protect and enhance the health of
important watersheds and to help
improve access to water and sanitation
services in local communities.
ABOUT CCBA
CCBA is the eighth largest Coca-
Cola authorised bottler in the world
by revenue, and the largest on the
continent. It accounts for over 40%
of all Coca-Cola ready-to-drink
beverages sold in Africa by volume.
With over 14 000 employees in Africa,
CCBA group services more than
800 000 customers with a host of
international and local brands. CCBA
group operates in 14 countries: South
Africa, Kenya, Ethiopia, Uganda,
Mozambique, Namibia, Tanzania,
Botswana, Zambia, Eswatini, Lesotho,
Malawi and the islands of Comoros
and Mayotte.
Learn more at: www.ccbagroup.com • Follow CCBA on LinkedIn

FOREWORD
The Journal of African Business
A unique guide to business and investment in Africa.
Welcome to The Journal of African Business. Since the inaugural issue was published
as an annual in 2020, the quarterly format has been adopted, giving our team more
opportunities to bring to readers up-to-date information and opinions and offering
our clients increased exposure at specific times of the year.
We cover a broad range of topics, ranging from energy, agriculture, manufacturing
and mining to tourism and skills development.
In this issue, the spotlight is on the continent’s Special Economic Zones (SEZs).
An article on progress made in South Africa notes that a policy reappraisal is
underway, with the Department of Trade, Industry and Competition leading a
process of trying to discover ways for existing and future zones to have a bigger
impact on diversification initiatives, export-led manufacturing, job creation and
local economic development.
An overview of the continent reveals that at least 200 zones across Africa are
focussing on building economic strength through a targeted sectoral approach and
a range of incentives and concessions aimed at attracting investors. A further two
articles report on a new shipping service that has been introduced in the Lagos
Free Zone, one of West Africa’s most important facilities, and the Africa Finance
Corporation, a funder of many SEZs across the continent, details how its various
investments in infrastructure have had a $50-billion GDP impact.
Someone working at the heart of Mission 300, the drive to get electricity to
300-million Africans, is Andrew Herscowitz, the Chief Executive Officer, Mission
300 (M300) Accelerator, a unit established by Rockefeller Catalytic Capital. He gives
an insight into the nuts and bolts of funding such an ambitious undertaking.
Paul Nel, CEO of 7 Second Solar, reports on the innovative computational design
technology introduced by his company that he believes will help the world expand
solar PV capacity.
IHG Hotels & Resorts has 38 hotels in Africa with another 35 in the pipeline.
Amith Khanna, the group’s Head of Franchise, IMEA, outlines IHG’s plans for
further expansion on the continent, adding two brands to the seven that it currently
runs in multiple locations.
The International Livestock Research Institute (ILRI), with support from the
Bezos Earth Fund and the Global Methane Hub, has announced the launch of
a three-year, $3.35-million initiative which will give African farmers an edge in
livestock rearing in a time of green awareness.
Finally, we report on the African Mining Week 2025, an event which highlighted
the employment and revenue-generation opportunities within the continent’s
lithium extraction and beneficiation sectors.
Global Africa Network is a proudly African company which has been producing
region-specific business and investment guides since 2004, including South African
Business and Nigerian Business, in addition to its online investment promotion
platform www.globalafricanetwork.com.
JOHN YOUNG
Editor, The Journal of African Business
Email: john.young@gan.co.za
Editor: John Young
Publishing director: Chris Whales
Managing director: Clive During
Online editor: Christoff Scholtz
Designer: Elmethra de Bruyn
Production: Ashley van Schalkwyk
Account managers: Chris Hoffman, Venesia Fowler,
Sam Oliver, Tahlia Wyngaard, Gavin van der Merwe,
Graeme February, Shiko Diala,
Gabriel Venter and Vanessa Wallace
Administration & accounts: Charlene Steynberg,
Kathy Wootton, Sharon Angus-Leppan
Distribution & circulation manager:
Edward MacDonald
The Journal of African Business is
published by Global Africa Network Media (Pty) Ltd
Company Registration No: 2004/004982/07
Directors: Clive During, Chris Whales
Physical address: 28 Main Road, Rondebosch 7700
Postal: PO Box 292, Newlands 7701
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without written consent of the copyright owner.
The opinions expressed are not necessarily those
of The Journal of African Business magazine, nor
the publisher, none of whom accept liability of
any nature arising out of, or in connection with,
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would like to express thanks to those who support
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Printing: FA Print
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2

Annual Report 2020-2021
Western Cape
Northern Cape
21
North West
Eastern Cape
Free State
Lesotho
Gauteng
Limpopo
Mpumalanga
KwaZulu-Natal
Contents
The Journal of African Business
Dec/Jan/Feb 2026 Issue 15
2 FOREWORD
From the editor’s desk
4
NEWS FROM ALL AROUND AFRICA
Recent investments, expansions and milestones.
6 PACCI AT THE HEART OF IATF2025
In line with its goal of advancing African business, policy and
partnerships, the Pan African Chamber of Commerce and Industry
(PACCI) played a big role at the Intra-African Trade Fair 2025.
26 AFRICA’S
28 MISSION
LITHIUM PROSPECTS
African Mining Week 2025 highlighted the employment and
revenue-generation opportunities within the continent’s
lithium extraction and beneficiation sectors.
300
Andrew Herscowitz, the Chief Executive Officer, Mission
300 (M300) Accelerator, a unit established by Rockefeller
Catalytic Capital, explains in an interview how projects
are being supported in the goal of getting millions
of Africans connected to the electricity grid.
9 PROTECTING AND EMPOWERING MIGRANTS
UN body and PACCI agree to work to find reintegration and employment
solutions in ways that benefit migrants and host communities.
SPECIAL FEATURE ON SPECIAL ECONOMIC ZONES
DESIGNATED SEZS
(SPECIAL ECONOMIC ZONES)
CATALYSING INVESTMENT, CREATING JOBS AND
10 STRENGTHENING EXPORT COMPETITIVENESS
A strategic reset is underway to strengthen the impact of South African
Special Economic Zones and to make them drivers of transformation.
AFRICAN SPECIAL ECONOMIC ZONES: AN OVERVIEW
14 More than 200 zones across the continent focus on building economic
strength through a targeted sectoral approach and a range of
incentives and concessions aimed at attracting investors.
LAGOS FREE ZONE AND LEKKI PORT GEAR UP FOR INCREASED VOLUMES
16 A new shipping service has been launched in one of West
Africa’s most significant Special Economic Zones.
32 THE
34 LOW-METHANE
38 THE
40 COUNTRY
FIVE-YEAR SPRINT FOR SOLAR
The world is in a race to get to 5 500GW of global PV capacity.
Innovative computational design software will get us there
quicker, explains the CEO of 7 Second Solar, Paul Nel.
LIVESTOCK
Africa’s farmers are to benefit from a $3.35-million
initiative to promote low-methane, resilient livestock.
OPPORTUNITY IS HUGE
IHG Hotels & Resorts has 38 hotels in Africa with another 35
in the pipeline. Amith Khanna, the group’s Head of Franchise,
IMEA, reports that IHG is planning further expansion on the
continent, adding two brands to the seven in multiple locations.
PROFILES
Algeria and Egypt.
3

NEWS FROM ALL AROUND AFRICA
Recent investments, expansions and milestones.
AFRICA HOSTS GLOBAL CLIMATE-LIVESTOCK CONFERENCE
For the first time, the International Greenhouse Gas & Animal Agriculture Conference (GGAA) was Hosting GGAA2025 in Nairobi underscored the continent’s central role in
hosted in Africa. The ninth edition of the conference took place in Nairobi, Kenya, in October 2025, shaping a sustainable future for the sector. Africa is home to one-third of the
marking a shift towards inclusive, globally representative dialogues on mitigating livestock emissions world’s livestock, which contribute up to 80% of national GDP in some countries and
while bolstering food security and rural economies. Co-hosted by the International Livestock account for nearly 0.8 gigatons of annual emissions. This move amplifies the voice
Research Institute (ILRI) and the Norwegian Institute of Bioeconomy Research (NIBIO), GGAA2025 of low- and middle-income countries in global-climate discussions and provides
convened over 500 scientists, policymakers, industry experts and civil society representatives a critical platform to address the unique opportunities and constraints faced
to address one of agriculture’s most urgent challenges: reducing greenhouse gas emissions from by hundreds of millions of smallholder farmers. Research shows that combined
livestock while ensuring food security, rural livelihoods and climate resilience. Professor Appolinaire strategies in animal nutrition, health, genetics and manure management can cut
Djikeng, the Director General of the International Livestock Research Institute, pictured, was among livestock greenhouse-gas emissions by 20% to 50% while simultaneously boosting
the speakers who addressed delegates during the opening ceremony.
productivity and farmer incomes.
VISION AFRICA 2030
Michelin has launched Vision Africa 2030, its framework for driving sustainable growth and
development on the continent. Michelin is dedicated to delivering innovative solutions and
services that support the continent’s unique needs and opportunities. The company has
set specific and measurable targets in relation to key metrics. Michelin’s “All Sustainable”
strategy for 2030 is centred on three key pillars: People, Planet and Profit. The company aims
to achieve an employee-engagement rate of over 85%, increase the percentage of women
in management positions to 35% and set the global standard in workplace safety. On the
environment front, Michelin is committed to reducing its CO2 emissions by 50% compared
to 2010 levels, increasing the use of sustainable raw materials in its products to 40% by
2030 and achieving carbon neutrality in the first two stages of emissions measurement by
2050. By expanding its presence in Africa through strategic partnerships and investments,
Michelin is poised to create value for local communities and stakeholders.
4

NEWS FROM ALL AROUND AFRICA
Recent investments, expansions and milestones.
ROLLS-ROYCE EXPANDS AFRICAN FOOTPRINT
Rolls-Royce has opened a new headquarters and training facility in Johannesburg,
South Africa, to support the growing fleet of Power Systems mtu mobile and
stationary-power solutions across sectors such as energy, technology, mining,
transportation and oil and gas (mtu is the company’s product and solution brand).
The specially adapted 6 000m 2 facility consolidates core customer-facing functions
into a central hub, including service coordination, spare parts storage, logistics and
technical training. It complements Rolls-Royce’s existing footprint in South Africa, with
mtu engine rebuild capability, and finance and logistics functions located in Cape Town.
The training centre is designed to support between 100 and 150 trainees annually with
a wide range of training engines, including mtu 2000 and 4000 series, used for power
generation, mining and rail applications. The centre will deliver certified practical and
theoretical training, equipping customers and partners from across Africa with the
knowledge and hands-on experience required to support a wide range of applications
and industries.
WATER IS LIFE
In a country where water constitutes 30% of the nation’s GDP, many rural Basotho paradoxically lived without
access to clean water. This stark contradiction defined daily life until the Lesotho Rural Water Supply and Sanitation
Project began changing the narrative. The African Development Bank (AfDB) project transformed communities by
providing individual household taps and proper sanitation facilities, such as the sanitation facilities at Hamaja
Primary School, pictured.The project delivered more than 266 sanitation facilities for vulnerable households and
installed 284 toilets in schools and healthcare facilities. At the project’s conclusion in March 2025, after more than
a decade of implementation, the following tangible results had been delivered: 190km of pipeline to distribution
networks, water-storage reservoirs with a total capacity of 3.48-million litres and 166 public-water points
serving approximately 28 266 people across eight zones in the districts of Maseru and Berea. The transformation
has touched every aspect of community life. Residents found employment during construction whether it was
collecting stones, laying bricks and mixing cement or completing roofing work. This approach ensured that the
community benefited from the completed infrastructure and the process itself.
LARGEST WIND FARM COMMISSIONED
AMEA Power has announced the successful commissioning of its 500MW
Amunet Wind Power Plant in Egypt. Located in Ras Ghareb in the Red
Sea Governorate, the facility is now the largest operational wind farm
in Africa. This milestone follows the November 2024 commissioning of
AMEA Power’s 500MW Solar PV Plant in Aswan. The Amunet Wind Power
Plant is a joint venture between AMEA Power (60%) and Sumitomo
Corporation (40%). It is expected to generate enough clean electricity to power
more than 500 000 homes while offsetting 1.4-million tons of CO2 emissions
each year.
The wind farm was financed by a consortium of leading international
financial institutions, including the Japan Bank for International Cooperation
(JBIC), International Finance Corporation (IFC), Sumitomo Mitsui Banking
Corporation, Sumitomo Mitsui Trust Bank and Standard Chartered Bank.
The commercial tranche of the financing was backed by insurance from
Nippon Export and Investment Insurance (NEXI), with additional working capital
support from the Commercial International Bank of Egypt.
5

PACCI NEWS
PACCI AT THE HEART OF IATF2025
In line with its goal of advancing African business, policy and partnerships, the Pan African Chamber of Commerce and Industry (PACCI) played a big
role at the Intra-African Trade Fair 2025 (IATF2025).
Left to right: Kebour Ghenna, Executive Director of PACCI; Mike Ogbalu III,CEO, Pan-African Payment and Settlement System; Johanna Leblanc, Partner, Adomi Advisory Group, PLLC; Ali Adji Mahamat Seid, President of
PACCI; Gabriel Edgal, Chairman and Group CEO, Oakwood Green Africa; Yazid Benmouhoub, CEO of Algiers Stock Exchange; Hakim Benbadra, Strategist for Tigritud Africa.
Hosted by Algeria and organised by Afreximbank in collaboration with the AU
Commission and the AfCFTA Secretariat, the Intra-African Trade Fair 2025
(IATF2025) was successfully held from 4 to 10 September 2025 in the capital city
of Algeria, Algiers.
With over 2 000 exhibitors, 35 000 visitors, more than 140 participating countries
and trade deals in the region of $44-billion secured, IATF confirmed its reputation
as the continent’s largest trade fair and as the place where Africa trades with itself
and with the world.
Beyond the trade floors, IATF2025 offered forums, cultural events, youth and
diaspora days and special showcases in creative industries, the automotive sector
and innovation. IATF2025 was a true marketplace of new ideas, interesting products
and opportunities.
The role of PACCI
The Pan African Chamber of Commerce and Industry (PACCI) took a strategic
role at IATF 2025, underscoring its leadership in driving African private sector
participation and strengthening implementation of the African Continental Free
Trade Area (AfCFTA).
At the IATF Pavilion, organised in partnership with the United Nations
Development Programme (UNDP), the Government of Japan and PACCI (Advisory
Member of IATF), more than 50 businesses and organisations from eight African
countries were brought together to showcase innovation and entrepreneurship
across a number of sectors including agri-food, leather, jewellery, technology and
cultural industries.
The pavilion welcomed over 2 000 visitors, among them policymakers, business
leaders and entrepreneurs from across Africa and beyond.
Exhibitors curated through PACCI included Sebea Coffee, Samor Flower, Fayda
Leather, Mahder Foods Processing, Amsale’s Gemstone & Jewelry, ABKA Leather,
LINU Leather, TAF Leather, ETHDAN Resources Import and Export, AELEX,
CCIAMA (Chad Chamber), Youth and Cultural Development Foundation (YCDF),
The Day Jam and Ashewa Technologies.
Speaking on the ongoing development of the continent’s private sector, PACCI
President Ali Adji Mahamat Seid said, “Africa’s private sector is no longer a spectator
in continental integration – it is the driver. At IATF, PACCI demonstrated that when
we trade together, innovate together and speak together we shape an Africa that
trades on its own terms.” Seid is also the President of Chad’s Chamber of Commerce,
Industry, Agriculture, Mines and Handicrafts (CCIMIA) and has been elected as
Vice Chair for Africa of the ICC World Chambers Federation (ICC WCF).
Thought leadership at IATF2025
PACCI also convened two high-level side events that generated strong interest
among African and international stakeholders.
On 6 September, the session “One Market, Many Currencies: How Can Africa
Trade Without Foreign Money?” brought together over 200 in-person participants
6

BEYOND
PAVILI
PACCI NEWS
ALGIERS, ALGERIA | 4–10 SEPTEMBE
and hundreds more online. Discussions focused on strengthening the Pan-African
Payment and Settlement System (PAPSS), promoting local currency use in intra-
African trade and reducing reliance on foreign currencies. Panelists highlighted
opportunities to lower transaction costs, deepen financial integration and enhance
Africa’s resilience.
Panelists included Mike Ogbalu III, CEO of PAPSS; Gabriel Edgal, Chairman of
Oakwood Green Africa; Yazid Benmouhoub, CEO of the Algerian Stock Exchange;
and Johana Leblanc from Adomi. The session was moderated by Hakim Benbadra,
Strategist at Tigritud.
oods and services, engage in Business to
n Continental Free Trade Area (AfCFTA),
On 9 September, PACCI hosted “From Policy to Practice: AfCFTA Private
Sector Platform and Africa Private Sector Hearings (APSH).” The event underlined
the importance of structured dialogue between businesses and policymakers in
shaping AfCFTA implementation. Speakers explored mechanisms to operationalise
the AfCFTA Private Sector Platform, scale up Africa Private Sector Hearings and
and valuable ensure trade rules platform reflect the needs of for SMEs, businesses
women and youth.
The first pilot
APSH will debut in South Africa in November 2025 on the sidelines of B20/G20,
ple’s Democratic Republic of Algeria.
investors, captains of industry, senior
ative entrepreneurs and the media in
Marriott Hotel Melrose Arch, Johannesburg. Businesses will present evidencebacked
cases and propose solutions directly to the Secretariat, with media and
business organisations amplifying the outcomes. The African Private Sector
Hearings (APSH) is a new AfCFTA mechanism that gives chambers of commerce,
industry associations and business organisations a direct voice with the AfCFTA
Secretariat. These hearings provide a business-led, data-driven dialogue platform
to raise trade-related concerns, propose policy solutions and enhance AfCFTA
implementation. No intermediaries, no barriers, just your case, your evidence and
your solutions presented straight to continental decision-makers.
Left to right: Birkinesh Gonfa, ALLPI; Genet Abegaz, Founder, ABKA Leather; Nicholas Mudungwe,
Director, ALLPI; Lidia Million, LiNu Manufacturing PLC; Komi Tsowou, UNDP RSCA, Regional Adviser on
AfCFTA; Wincate Muthini, Senior Project Manager, PACCI.
Why APSH matters
The AfCFTA is the world’s largest integrated market. For it to deliver, business
realities must shape its rules. APSH makes sure companies of all sizes can raise
challenges and influence policies that directly affect trade and investment.
What you can raise
Issues such as customs delays that harm perishable exports, non-tariff barriers like
quotas or licences, and rules of origin complexities that keep SMEs from accessing
AfCFTA tariffs.
@officialpacci www.pac
Left to right: Saleh Moussa
Mikerbi, Director General of Chad
CIAMA; Wincate Muthini, Senior
Project Manager, PACCI; Kebour
Ghenna, Executive Director of
PACCI; Ali Adji Mahamat Seid,
President of PACCI and Vice
Chair for Africa of the ICC World
Chambers Federation (ICC WCF).
ABOUT PACCI
The Pan African Chamber of Commerce and Industry (PACCI) is
the unified voice of Africa’s private sector, representing national
chambers of commerce, industry associations and businesses across
the continent. PACCI works to advance trade, foster partnerships
and ensure the private sector plays a central role in the successful
implementation of the African Continental Free Trade Area
(AfCFTA).
The PACCI Pavilion at IATF2025.
7

PACCI
THE PAN AFRICAN CHAMBER
OF COMMERCE
AND INDUSTRY
Driving private-sector participation in AfCFTA.
TThe African Continental Free Trade Area (AfCFTA) presents unprecedented
opportunities for African businesses, empowering them to enhance their
productivity, improve the quality of their products and services and compete
on a global stage. As we usher in a new era of intra-continental trade, the role
of chambers in raising awareness and driving the implementation of AfCFTA is
critical. The Pan African Chamber of Commerce and Industry (PACCI) stands
at the forefront of this transformative movement.
The Pan African Chamber of Commerce and Industry (PACCI) is the
continent’s foremost chamber body. Driven by the goal to promote Africa’s
economic integration through sustainable growth, PACCI strives to foster an
environment where commerce and sustainability coexist harmoniously.
Established in 2009, PACCI serves as an independent, non-profit organisation
dedicated to advocating for public policies that promote continental economic
integration, competitiveness and sustainable growth. As the largest and most
influential business association in Africa, PACCI operates through more than
50 national chambers of commerce, leveraging their collective strength to foster
a prosperous business environment across the continent.
Preparing for AfCFTA
PACCI has been actively involved in generating informed discussions of two
issues that will play an important role in the success of AfCFTA, namely the
Pan-African Payment and Settlement System (PAPSS) and the AfCFTA Private
Sector Platform and Africa Private Sector Hearings (APSH).
By writing and publishing Policy Pointers on both vital initiatives, PACCI has
contributed to the debate, a momentum that was accelerated by panel discussions
convened by the Chamber at the Intra-African Trade Fair 2025 (IATF2025)
held in September 2025 in Algiers. These interventions underscore PACCI’s
leadership in driving African private-sector participation and strengthening
the implementation of the AfCFTA.
Vision
Our vision is clear: to be the recognised voice of African businesses and a
valuable resource to our members. We are committed to transforming Africa
into a vibrant hub for commerce, manufacturing and service industries,
characterised by:
At IATF2025: Kebour Ghenna, the Executive Director of PACCI with the President, Ali Adji Mahamat
Seid, who is also Vice Chair for Africa of the ICC World Chambers Federation (ICC WCF).
Economic empowerment: We are committed to promoting the wellbeing of
African businesses, enhancing intra-African trade and improving the productive
capacity of enterprises across the continent.
Sustainability and innovation: We advocate for a green transition and climate
change readiness, ensuring businesses are sustainable and prepared for the
future. Our initiatives support gender-responsive policies and the integration of
youth, which are crucial for holistic economic growth.
Technology and accessibility: Through our Chamber Africa Connect initiative,
we are digitising and diversifying services to make business operations more
efficient and accessible, preparing our members for the digital age.
Inclusive growth: We ensure that the benefits of trade liberalisation contribute
not only to economic growth but also to environmental protection and the
creation of sustainable employment opportunities.
Headquartered in Addis Ababa, Ethiopia, with service desks in Ghana, Kenya
and Dubai, PACCI serves as a pivotal force in driving these changes, fostering an
environment where commerce and sustainability coexist harmoniously.
As we move forward, our mission remains steadfast: to empower African
businesses to thrive and expand, paving the way for a prosperous and inclusive
economic future.
PACCI CONTACT DETAILS
Lucky Building, 4th Floor 403, Bole, Addis Ababa, Ethiopia
Tel: +251 11 691 0011 | Email: info@pacci.org | Website: www.pacci.org | Social media: @officialpacciwww.pacci.org
8

PACCI NEWS
Protecting and
empowering
migrants
UN body and PACCI agree to work to find reintegration
and employment solutions in ways that benefit migrants
and host communities.
Left to right: Menna Haile, Project Coordinator, PACCI; Kebour Ghenna, Executive Director, PACCI; Yuko
Hamada, Senior Regional Programme Manager, IOM; Bethelhem Berhane, Emergency and Post-Crisis
Operations, IOM; Robel Yeshitela, Project Innovation Advisor, PACCI.
IOM, the International Organization for Migration, and the Pan African
Chamber of Commerce and Industry (PACCI), the largest business association
in Africa, represented through 50 national chambers of commerce offices across
the continent, have signed an Memorandum of Understanding (MOU) on
enhancing private-sector engagement in advancing sustainable reintegration and
employment solutions for migrants in the East, Horn and Southern Africa region.
“This partnership with PACCI marks a significant step forward in aligning
private sector innovation with migration solutions that protect and empower
migrants,” said Frantz Celestin, Regional Director, IOM East, Horn and Southern
Africa. “Together, we can create sustainable livelihoods and pathways that
benefit migrants and their communities.”
The MOU, signed by PACCI’s Executive Director, Kebour Ghenna, and IOM’s
Regional Director for East, Horn & Southern Africa, Frantz Celestin, outlines a
shared vision for promoting dignified livelihoods, responsible labour mobility
and protection of migrants and displaced populations through strategic privatesector
engagement. It focuses on expanding regular pathways for mobility,
fostering inclusive development and co-designing context-specific approaches
rooted in regional realities and the aspirations of both host and origin
communities. The collaboration leverages PACCI’s extensive network of national
chambers and private-sector institutions across the continent and IOM’s
technical leadership in migration.
“PACCI is proud to join forces with IOM to bridge the gap between business
and migration development,” stated Kebour Ghenna, Executive Director of
PACCI. “Our collaboration will drive inclusive economic growth and foster
regional cooperation to address migration challenges.”
The two institutions will jointly explore funding opportunities and are
committed to identifying and advancing concrete solutions that address the
socio-economic dimensions of migration, reinforcing the nexus between
mobility and sustainable economic growth.
The partnership was initiated as part of the Regional Migrant Response
Plan (MRP) for the Horn of Africa to Yemen and Southern Africa interagency
framework, aimed at addressing migration drivers and fostering sustainable
economic development. Recognising the need for stronger private-sector
engagement in migration-focussed development, IOM and PACCI joined forces
to support migrant entrepreneurship, employment and policy reforms across
Africa, to ultimately make migration a choice rather than a necessity.
The collaboration marks a milestone in bridging business and development
efforts to drive inclusive economic transformation, private-sector innovation,
and protection centered mobility across the continent.
For more information, please contact:
• IOM email: ronairobimcu@iom.int
• IOM tel: +254 797 735 977
• PACCI email: info@pacci.org
• PACCI tel: +251 11691 0011
ABOUT IOM
Established in 1951, IOM is part of the United Nations System and stands as the
leading intergovernmental organisation in the field of migration.
With 175 member states, a further eight states holding observer status and
offices in 171 countries, IOM is dedicated to promoting humane and orderly
migration for the benefit of all. It does so by providing support to migrants
across the world, developing effective responses to the shifting dynamics of
migration and providing advice on migration policy and practice.
The organisation collaborates with governmental, intergovernmental and nongovernmental
partners to improve the resilience of people on the move, particularly
those in situations of vulnerability. It also works closely with governments to
manage all forms of mobility and their impacts. This work includes operations in
some of the most complex emergency settings in the world.
The IOM Constitution recognises the link between migration and economic,
social and cultural development, as well as to the right of freedom of movement.
IOM’s work is focused on the following three objectives:
• Saving lives and protecting people on the move: To fulfill this objective, IOM
puts the safety, dignity and protection of people first in the most challenging
crisis-response contexts in the world.
• Driving solutions to displacement: In response to this aim, IOM
endeavours to reduce the risks and impacts of climate change, environmental
degradation, conflict and instability for communities affected by or at risk
of displacement.
• Facilitating pathways for regular migration: To address this pursuit, IOM
prioritises whole-of-government, whole-of-society approaches to safely
connect people, goods, services, knowledge and innovation.
For more information, please contact:
• IOM email: ronairobimcu@iom.int | IOM tel: +254 797 735 977
9

SPECIAL ECONOMIC ZONES
CATALYSING INVESTMENT, CREATING JOBS AND
STRENGTHENING EXPORT COMPETITIVENESS
A strategic reset is underway to strengthen the impact of South African Special Economic Zones and to make them
drivers of transformation.
A new model for the
development of SEZs was
deployed for the first time at
the Tshwane Automotive SEZ.
223 May 2024 was a red-letter day for economic development in the Northern Cape
Province. The approval by national cabinet of the application for the Namakwa
Special Economic Zone to be officially designated as such was welcomed by the
Premier of the Northern Cape, Dr Zamani Saul, as a signal of “the dawn of a new
era of industrial and economic prosperity”.
Not only will the Namakwa SEZ (NAMSEZ) help to unlock the province’s
economic potential, said Dr Saul, but it would be “the cornerstone of the Northern
Cape Industrial Corridor”. The Industrial Corridor is an ambitious plan to link the
province’s huge mineral resources near Kathu (iron ore) and Hotazel (manganese)
with new port facilities and a green-hydrogen plant at Boegoebaai in the west.
The corridor follows the path of the N14 highway and include smelters and other
beneficiation facilities within SEZs and industrial parks along an east-west axis.
Plans to establish industrial parks at Kathu and Upington are well advanced to
support the spatial thinking which underpins the Industrial Corridor strategy.
The NAMSEZ, with significant first investments being made by “anchor
investments” from Vedanta Zinc International and Frontier Rare Earths,
would, according to the Premier, “enable us to harness our mining throughput,
facilitating both upstream and downstream integration and creating a robust,
diversified economic ecosystem”.
The designation of the NAMSEZ marks the 12th such approval by the
Department of Trade, Industry and Competition (the dtic), the implementing
agent of South Africa’s SEZ programme. Of the 12, nine of the SEZs are
operational, with one SEZ each in Limpopo and Mpumalanga sharing with
NAMSEZ the status of being officially designated but not yet functioning. The
Coega SEZ in the Eastern Cape, regarded as one of the country’s more successful
SEZs, has applied to expand its footprint in order to build a vaccine and
pharmaceutical zone.
A further four proposals are being considered from four provinces, including
from the North West which is currently the only province that does not have a
designated SEZ. The Bojanala SEZ would have a focus on the platinum-mining
industry and associated beneficiation, manufacturing and services.
Programme goals
The Special Economic Zone (SEZ) Programme aims to bolster export-led growth,
increase investment into the country and create new jobs. There are five ways
through which these goals are achieved:
• Investment attraction: Custom-control areas, incentives and secure operating
environments are elements designed to attract investors.
• Job creation: By facilitating new investments and supporting expansion, new
jobs, particularly in manufacturing, are created.
• Infrastructure: SEZs develop new and improved infrastructure.
• Skills: SEZs can support education and vocational training, particularly in
technology.
• Export promotion: Favourable terms and conditions for manufacturers
aiming at international markets make for a good investment proposition. This
supports the goal of diversifying the national economy.
PHOTO: TASEZ
10

SPECIAL ECONOMIC ZONES
At the end of Q2 2024, the dtic reported that the nine operational SEZs had longer in the business of issuing SEZ licences. Our job is not to designate for
garnered a cumulative investment value of R30.9-billion and created a total of the sake of designating. Our job is to industrialise this country.” He added, “The
27 021 permanent employment opportunities.
designation of an SEZ should find us already on the ground doing the work to
support investments.”
Beyond designations
Molefane proposed that a strategic rethink of the SEZ framework was needed,
Policy related to SEZs continues to evolve. In the decade to 2010, four Industrial based on lessons from the programme’s trajectory and on the material conditions
Development Zones (IDZs) were proclaimed at Coega (Gqeberha), East London, faced by investors and communities.
Richards Bay and OR Tambo International Airport (Gauteng). The passing of the The SEZ PMU was cited as an example of a new way of doing things in the
SEZ Act No 16 of 2014 shifted the policy focus and by 2019 a total of nine SEZs new dispensation around SEZs. Apart from providing the technical support
had been proclaimed.
referred to above, it would also ensure greater national oversight, assist in the
In the same year, national government tasked the dtic with playing a more building of essential infrastructure for the creation of a new SEZ and make sure
active role in the “planning, development and management of SEZs” and all that firm investment commitments were made before any new designations
three spheres of government were to be involved in planning. Municipalities and were proclaimed.
provincial authorities would be asked to make budget commitments for bulk Molefane referenced a key element of the proposed SIDS, “The draft strategy
infrastructure and initial operational funding while support for the development also responds to spatial and economic disparities by prioritising geographic
of top structure would be forthcoming from the dtic.
areas with industrial potential, even those without designated SEZs. This ensures
This approach was implemented for the first time in the rolling out of that township economies, underutilised industrial parks and marginalised
the Tshwane Automotive (TASEZ), which has become of the country’s most municipalities are not left behind in the national effort to reindustrialise. There is
successful SEZs.
a need for coherence and collaboration across all levels of government to deliver
In addition, a National SEZ Programme Management Unit was established, impactful, place-based interventions.”
located at the Industrial Development Corporation (IDC). This means that new According to a record of the meeting issued by the dtic, the forum noted the
applicants have a ready resource to call on for advice and support.
good progress made by zones such Coega, East London, Dube TradePort and the
In the course of 2025, a series of meetings and consultations were held as the Tshwane Automotive SEZ, while “acknowledging the ongoing work required to
dtic sought input on a draft Spatial Industrial Development Strategy (SIDS). The integrate black industrialists, link small businesses and align SEZs with broader
SIDS, according to the dtic, “proposes a reimagined model for SEZs, industrial regional development”.
parks and township economic development”.
In explaining why a group of influential CEOs had
been invited to attend a meeting in Johannesburg
in June, the Deputy Minister of Trade, Industry and
Competition, Zuko Godlimpi, said, “This CEOs
Forum is not just a meeting of minds; it is a strategic
platform to ensure our Spatial Industrial Development
Strategy is responsive, inclusive and grounded in the
lived realities of business and communities across the
country. We want a framework that reflects the voice of
industry and responds to regional economic disparities
through practical and impactful interventions.”
Godlimpi stressed that, “Special Economic Zones
remain one of the dtic’s flagship programmes to catalyse
investment, create decent jobs and strengthen export
competitiveness.” He noted that the refined strategy
aimed to position SEZs “not just as isolated economic
pockets”, but rather as integrated drivers of regional and
national transformation.
Speaking at the event, SEZ Special Advisor at the
dtic, Maoto Molefane, emphasised that a shift in Aquaculture is part of the offering at the East London IDZ, underlining its coastal location.
emphasis had taken place when he said, “We are no
11
PHOTO: ELIDZ

SPECIAL ECONOMIC ZONES
SOUTH AFRICAN SPECIAL ECONOMIC ZONES
SEZs are located in areas
with particular resources and
historical sectoral strengths.
The relevant SEZs are geared to
serve, support and encourage
development of those resources
and sectors across South Africa.
TThere are currently 12 designated Special Economic Zones in eight provinces. Nine are approved and
functioning and three have been approved and are in various states of preparation. A further four (in the
North West, Northern Cape, Limpopo and Gauteng) are in the process of applying to be recognised as SEZs.
In addition, Coega SEZ in the Eastern Cape is in the process of applying to expand to accommodate
a dedicated vaccine and pharmaceutical facility.
There are ongoing developments throughout the country related to projects that may become SEZs.
These include a plan to establish a clothing and textiles hub near Ladysmith in KwaZulu-Natal (to become the
uThukela Special Economic Zone). Work on infrastructure for the Kathu Industrial Park is ongoing in the
Northern Cape.
PROVINCE: NAME: SEZ STATUS: FOCUS:
Eastern Cape East London IDZ (ELIDZ) Operational Automotive, components, agro-processing, ICT, renewable energy, aquaculture.
Eastern Cape
Coega SEZ
Operational. Application to
expand pending
Automotive, agro-processing, aquaculture, energy, metals, logistics,
BPO, pharmaceuticals.
Free State Maluti-A-Phofung (MAPSEZ) Operational Located on N3 highway; logistics, manufacturing, agro-processing, warehousing.
Gauteng
OR Tambo International
Airport SEZ (ORTIA SEZ)
Operational
Beneficiation of precious metals and minerals sector, light, high-margin,
export-oriented manufacturing, food, logistics.
Gauteng
Tshwane Automotive
SEZ (TASEZ)
Operational
Automotive, automotive components, manufacturing, export manufacturing.
Gauteng Vaal SEZ Designation pending
KwaZulu-Natal Dube TradePort Operational
KwaZulu-Natal Richards Bay IDZ (RBIDZ) Operational
Logistics, agriculture and agro-processing, tourism, alternate energy
(solar, battery storage, hydrogen).
Industry, cargo-handling and logistics (at King Shaka International Airport),
agro-processing, manufacturing including electronics.
Export-oriented manufacturing, metals beneficiation, agro-processing, marine,
energy, oil and gas, renewable energy.
Limpopo
Musina Makhado
SEZ (MMSEZ)
Designation approved
Mining, manufacturing, agro-processing, logistics.
Limpopo
Fetakgomo-Tubatse SEZ
(FTSEZ)
Designation pending
Green energy, hydrogen, mining inputs, mineral beneficiation, agro-processing, logistics.
Mpumalanga Nkomazi SEZ Designation approved
Strategic location on Maputo Corridor, logistics, agro-processing, manufacturing,
nutraceuticals, fertiliser products.
Northern Cape
Namakwa SEZ
Designation approved
in 2024
Downstream activities from proposed zinc smelter, mineral beneficiation, construction,
green energy, petrochemicals, transport.
Northern Cape Upington SEZ Designation pending
North West Bojanala SEZ Designation pending
Western Cape Atlantis SEZ Operational
Located at Upington Airport, aviation, maintenance, repair and overhauling of aircraft,
agro-processing, renewable energy and components, logistics and warehousing.
Mineral beneficiation (platinum), manufacturing, mining equipment, agro-processing,
renewable energy.
Green tech, including automotive components and components for wind turbines,
solar panels and green building materials.
Western Cape Saldanha Bay IDZ Operational Oil, gas and marine repair, engineering and logistics services complex, fabrication.
12

DESIGNATED SEZS
(SPECIAL ECONOMIC ZONES)
Limpopo
North West
Gauteng
Mpumalanga
Free State
KwaZulu-Natal
Northern Cape
Lesotho
Eastern Cape
Western Cape
Annual Report 2020-2021
13

SPECIAL ECONOMIC ZONES
AFRICAN SPECIAL ECONOMIC ZONES: AN OVERVIEW
More than 200 zones across the continent focus on building economic strength through a targeted
sectoral approach and a range of incentives and concessions aimed at attracting investors.
vVarious forms of Special Economic Zones (SEZs) exist across the African
continent. These include Free Economic Zones, Export Processing Zones
(EPZs) and Free Trade Zones (FTZs).
Such is the value attached to SEZs that a continental body, the African
Economic Zones Organization (AEZO), represents and lobbies on behalf of
the public and private institutions which run and promote SEZs in Africa.
Founded in 2015, the AEZO is an important forum for information
exchange. The body holds regional workshops and an annual meeting. The
2024 meeting was hosted by Kenya’s Special Economic Zones Authority
(SEZA) and that country’s Ministry of Trade, Investments and Industry
under the theme “Building resilient, inclusive and sustainable economies:
the role of African SEZs in attracting impactful investments and redefining
competitiveness.” More than 400 delegates gathered at the Kenyatta
International Convention Centre (KICC) in Nairobi to share ideas.
SEZA is an example of a national coordinating body for SEZs. Others on
the continent include the Nigeria Economic Zones Association (NEZA),
the Special Economic Zones Authority of Rwanda (SEZAR) and SEZA
Botswana. Kenya has no fewer than eight types of SEZ, ranging from ICT
Parks and Science and Technology Parks to Free Trade Zones and a Free Port
Zone. Some countries house their SEZ policy and promotion under national
departments such as South Africa’s Department of Trade, Industry and
Competition (the dtic), or as is the case in Ethiopia, with bodies such as the
Ethiopian Investment Commission (EIC).
Botswana has or is planning nine SEZs. Each caters for the strengths of its
specific location and aims to add value to raw products for export, another
typical feature of the SEZ model. The Sir Seretse Khama International Airport
Special Economic Zone obviously has an aviation focus, but also presents itself
as a hub for diamond beneficiation. The others are Fairgrounds (finance and
technology), Francistown (mixed use, mining and logistics), Greater Palapye
(energy and beneficiation of coal), Lobatse (meat and leather), Pandamatenga
and Tuli Block (agro-processing), Selebi Phikwe (mixed use) and Sowa Town
(beneficiation of salt and soda, chemicals).
The AEZO reported in 2021 that Africa had about 203 active SEZs with
another 73 in development. Zones are present in 47 of the continent’s 54
countries, with the largest number of zones in Morocco, Nigeria, Egypt,
Ethiopia and Kenya.
Nearly 150 000 hectares is devoted to SEZs on the continent while over
$2.6-billion in investments has been made into a wide variety of sectors such
as agro-processing, manufacturing and services. With many SEZs being linked
to ports, logistics is naturally a big sector for SEZs and a recent trend has seen
the growth in investment in energy.
Some zones are specifically targeting energy production, and more
specifically renewable energy. In Egypt, the Suez Canal Economic Zone
(SCZONE) in 2022 signed a preliminary agreement with Indian company
ReNEW Power for 220 000 tons of green hydrogen production, with
an investment value of approximately $8-billion. This was the eighth
such agreement that SCZONE has signed with the aim of localising and
MozParks is a public-private partnership between the Mozambican Government Agency for Investment
and Export Promotion (APIEX) and Swiss-Mozambican investors. Four parks are being developed to add
to two existing parks.
manufacturing green fuels. Some of the other partners include Maersk, Scatec and
EDF Renewables.
African SEZs
The first African SEZ was launched in 1970 by Mauritius, and Ghana and Senegal
followed with zones of their own by the end of the decade.
The merger in 2013 of the Kigali Free Trade Zone and Kigali Industrial Park
in Rwanda led to the establishment of the Kigali Special Economic Zone (KSEZ).
Since then, at least eight other zones or industrial parks have been successfully
launched, including the Bugesera SEZ and facilities in the towns of Rwamagana,
Muhanga, Nyagatare, Musanze, Huye, Nyabihu, Rusizi and Rubavu.
Both Rwanda and Mauritius were singularly successful in achieving the goals
they set for their SEZs. Rwanda wanted to boost employment by producing goods
for export. Within three years, 3% of its workforce was employed in the newly
established SEZ while Mauritius succeeded spectacularly in processing and
selling sugar to the EU, boosting both export income and employment (Inclusive
Society Institute).
A feature of the Mauritian story was the fact that European processing
companies led the process. The government leaned heavily on the private sector
to achieve its national development goals and research supports the idea that the
14

SPECIAL ECONOMIC ZONES
A textile park operates within the Zone Industrielle de Glo-Djigbé Zè (GDIZ) in Benin.
The African Economic Zones Organization holds an annual meeting for SEZs. Kenya hosted the event in 2024 and in 2025 it was held in Luanda, Angola.
best model for ownership or management of SEZs is a combination of public
and private.
Many ownership options are available, all the way from wholly government
controlled to a licensing arrangement with a private entity. One option is for a
private investor responsible for the establishment of the SEZ to be given a lease
of a set number of years, after which the facility reverts to the government.
Nigeria celebrated three decades of the Special Economic Zones programme
in 2022. The website of the Nigeria Export Processing Zones Authority
(NEPZA) states that it has more than 40 “free zones” but under “active” free
zones, eight are listed, including some with the name of a private corporation
(Dangote Industries FZ) and others representing a major city such as Calabar
Free Trade Zone (CFTZ). The Lagos Free Zone, connected to the Lekki Deep
Sea Port and administered by Singapore-based Tolaram, and the Eko Atlantic
Free Zone are among the best known of the West African country’s SEZs.
Government role
Government’s main roles are to provide legislative certainty and good
infrastructure. Where both are present, SEZs are far more likely to succeed. A
failure to provide adequate transport or power infrastructure will deter private
investors, as will a legislative framework that changes every few years.
The other key government role is to determine the level of incentives
available to investors in an SEZ.
Objectives of industrialisation, regional development and employment
creation are typically cited as the goals of SEZ programmes. They can also
contribute to businesses being created.
In Mozambique a mining company, Kenmare Moma Mining, has helped
establish the MozParks Topuito Agro-Industrial Park in Nampula Province as
an innovation centre to support startups in getting access to the value chain.
MozParks, the other partner in the venture, is the developer and operator of
agro-industrial parks.
As an AEZO newsletter noted with respect to SMEs: “In emerging markets,
where they account for 90% of all firms and 50% of all jobs created, SMEs
constitute the backbone of the global economy. The impact is greater in
Africa, where SMEs employ almost 80% of the labour force on the continent.
Although SMEs are a substantial economic force, there is still a lot of room
for expansion.”
An Occasional Paper published by the Inclusive Society Institute in 2023,
“Leveraging special economic zones for growth”, notes the fiercely competitive
environment in which SEZs operate globally. Morocco’s successful policy is
highlighted in this regard. Investors in any one of the country’s seven SEZs
paid no corporate taxes for five years and pay reduced rates after that. Various
other low rates of tax and generous exemptions are applied. Morocco’s exports
are now valued at over $2-billion, with international aeronautics companies
now manufacturing in the country for export.
PHOTOS: MozParks, GDIZ, AEZO
15

SPECIAL ECONOMIC ZONES
LAGOS FREE ZONE AND LEKKI PORT GEAR UP FOR
INCREASED VOLUMES
A new shipping service has been launched in one of West Africa’s most significant Special Economic Zones.
TThe arrival of the giant container ship EA Centaurus at Lekki Deep Sea Port on
8 November 2024 was the occasion for celebrations among officials representing
several constituencies.
The management of Lekki Port LFTZ Enterprise Limited (LPLEL), Lekki
Freeport Terminal and the Lagos Free Zone launched the COSCO, ONE and ZIM
alliance services at Lekki Deep Sea Port at a ceremony, pictured, to coincide with
the arrival of the EA Centaurus. The inauguration of the service has been described
as a major boost to the Nigerian maritime sector.
At 277m and with a container-handling capacity of 7 000 TEU, the vessel is the
largest COSCO ship ever to visit Nigeria.
The Chief Executive Officer of Lekki Freeport Terminal, Christophe Cassang,
explained that the launch of the service marks a crucial milestone in the terminal’s
development and capacity expansion. He added that the launch of the service
demonstrates the company’s commitment to becoming a leading maritime hub
in West Africa.
“Through the strategic partnership with global shipping leaders such as COSCO,
ONE (Ocean Network Express) and ZIM, we are strengthening our position on
the international stage and opening new opportunities for trade and industry in
Nigeria and the region. Lekki Freeport Terminal is run by a well-trained workforce,
passionate about meeting challenges of the future, and it is equipped with the most
advanced technology and state-of-the-art infrastructure designed to meet the
growing needs of the shipping lines and of our customers,” said Cassang.
In his remarks during the ceremony, the Managing Director of Lekki Port, Du
Ruogang, described the launch of the new shipping-line services as a true testament
to the company’s commitment to Nigeria’s maritime future. Ruogang noted that
the berthing of the EA Centaurus marked the first of bi-weekly calls to Lekki Deep
Sea Port by COSCO, ONE and ZIM shipping lines. He described the launch of the
COSCO, ONE and ZIM shipping lines as a symbol of the company’s unwavering
dedication to positioning Lekki Port as a transformative force in the Nigerian
maritime industry.
“After 18 months of commencement of commercial operations and continued
efforts, we are proud to welcome COSCO, ONE and ZIM shipping lines to Lekki
Port. With the bi-weekly calls of the consortium, we are realising our vision of
driving significant cargo volumes and further positioning Lekki Port to enhance
the Nigerian maritime sector and improve business efficiency across the country.
The achievement is not the end but rather the beginning,” he said.
In her statement, the Chief Executive Officer of Lagos Free Zone, Adesuwa
Ladoja, described the launch of COSCO, ONE and ZIM shipping lines services
at Lekki Port as a momentous occasion and significant achievement not only for
Lekki Port and Lekki Freeport Terminal but also for Lagos Free Zone as it is bound
to attract more foreign direct investment (FDI) to the zone.
“From one shipping line, we now have four shipping lines calling at the Lekki
Deep Sea Port. This is significant because we now have more options that allow
more customers access to the state-of-the-art facilities at the Lekki Port. It also
allows the growth of enterprises in the Lagos Free Zone and, in fact, the entire Lekki
economic axis. The companies can bring their raw materials through any of the four
shipping lines and move them straight into the factories for production. They can
also export finished goods to other parts of Africa and, indeed, the world. This is
16

SPECIAL ECONOMIC ZONES
the economic rejuvenation we are all looking for, and Lekki Port and Lagos Free
Zone are happy to be doing our part,” she said.
In their reaction, the COSCO, ONE and ZIM shipping line representatives
expressed their excitement about partnering with Lekki Port and Lekki Freeport
Terminal. They expressed satisfaction with the world-class infrastructure and
facilities available at the port. The companies were represented by the Deputy
Managing Director of COSCO Shipping Lines Nigeria Limited, Rex Wang,
the Director of Ocean Network Express (Nigeria), Stefan Pedersen, and the
Managing Director of Lagos & Niger Shipping Agencies Ltd (LANSAL), Todd
Rives.
Distributed by APO Group on behalf of Lagos Free Zone (LFZ).
ABOUT LAGOS FREE ZONE COMPANY
Established in 2012, Lagos Free Zone (LFZ) is an award-winning
port-based industrial zone (850ha) in Lagos, Nigeria, with
over $2.75-billion realised investments since inception. Owned
and promoted by Tolaram, LFZ is located in Lekki, the sunrise
development corridor in Lagos. Our vision is to be the preferred
industrial hub in West Africa with world-class infrastructure and
we are proud to serve global brands like BASF, Kellogg’s, Colgate,
Arla, Dufil and Lekki Port, among others, as our current tenants.
LFZ is integrated with Lekki Port which started operations in April
2023. It is the deepest seaport in Nigeria, with a draft of 16.5m and
the capacity to handle 1.2-million TEUs per annum.
ABOUT LEKKI FREEPORT TERMINAL
Lekki Freeport Terminal is the only container terminal operator in Nigeria’s
premier deep seaport, Lekki Port. It is operated by CMA Terminals, a
subsidiary of the CMA CGM Group, the world’s third-largest container
shipping company. It offers robust automation, digitisation and innovation
in its processes, from vessel berthing to cargo delivery, while ensuring the
highest global maritime-safety standards. It is designed to bridge the supplychain
gap and sustainably connect trade between Nigeria and the rest of the
world. Our vision is to simplify trade and facilitate economic development
not only for Nigeria but for the entire West Africa.
ABOUT LEKKI PORT LFTZ ENTERPRISE LIMITED
Lekki Port LFTZ Enterprise Limited (LPLEL) is the Special
Purpose Vehicle (SPV) that the Nigerian Ports Authority awarded
the concession agreement for the development and operations of
the Lekki Deep Sea Port. LPLEL is required to develop, build and
operate a common-user multipurpose port. LPLEL is a joint venture
enterprise owned by foreign promoters, Lekki Port Investment
Holdings Inc (China Harbour Engineering Company and Tolaram),
the Lagos State Government and the Federal Government of Nigeria
through the Nigerian Ports Authority (NPA).
Vessels of the COSCO Shipping Line
are regular visitors to Lagos.
PHOTO: jefe king on Pexels
17

SPECIAL ECONOMIC ZONES
ORTIA PRECINCT 2
The OR Tambo SEZ’s next major catalyst for jobs, growth and industrial expansion.
A new precinct in a Special Economic Zone adjacent to Africa’s busiest airport, OR Tambo International Airport, promises good returns for investors.
22025 marked another milestone year for the OR Tambo International Airport
Special Economic Zone (OR Tambo SEZ) as the Gauteng Industrial Development
Zone (GIDZ) officially launched its ORTIA Precinct 2 development. Spanning
an impressive 265 000 square metres, this new precinct signals a significant
expansion of Gauteng Province’s largest airport-based Special Economic
Zone and reinforces the province’s competitive destination for advanced
manufacturing and export-oriented investment.
The launch of ORTIA Precinct 2 builds on the proven success of Precinct 1,
a 7.5-hectare development that has already attracted nearly R1-billion in private
investment and facilitated the creation of more than 2 500 operational jobs. This
strong foundation has bolstered investor confidence and demonstrated the catalytic
power of industrial development anchored around Africa’s busiest airport.
Scaling up for more growth and impact
The economic impact of ORTIA Precinct 2 is expected to be even more
significant. Current projections indicate the creation of over 6 000 operational
jobs once the precinct is fully functional. The development is set to contribute
over R4-billion to the national GDP and generate an estimated 7 557
construction-phase jobs, highlighting its potential to stimulate both short-term
and long-term economic activity.
For the Gauteng IDZ, a subsidiary of the Gauteng Growth and Development
Agency (GGDA) and developer of the OR Tambo SEZ, these projections reinforce
confidence in its ability to deliver a globally competitive industrial ecosystem.
Following the successful delivery of Precinct 1, which measures 62 000m², the
organisation now enters a new phase of expansion with advanced expertise and
capability.
Precinct 1 has already attracted nearly R1-billion in investment and hosts a successful Jewellery
Manufacturing Precinct.
Strategic location and investor incentives
ORTIA Precinct 2 offers unmatched proximity to OR Tambo International
Airport and direct access to high-performing logistics infrastructure, making it a
prime location for export-oriented manufacturers.
Investors locating within the zone also benefit from a suite of nationally
packaged Special Economic Zone incentives, including:
• VAT exemptions on products manufactured in the zone and subsequently
exported.
• Zero-rated VAT on eligible manufacturing inputs procured for use within the
zone.
• Access to the Employement Tax Incentive (ETI), which reduces PAYE
obligations for qualifying employers.
• A modern industrial environment designed for operational efficiency, reliability
and global manufacturing standards.
18

SPECIAL ECONOMIC ZONES
These incentives significantly strengthen the value proposition for companies
seeking a competitive entry point into African and global markets.
Building a high-value cluster: pharmaceuticals and medical manufacturing
Central to the development of ORTIA Precinct 2 is a cluster-based approach,
ensuring infrastructure and services are closely aligned to the needs of targeted
sectors. For this precinct, the primary focus is on pharmaceuticals, medical
technologies and other high-value lightweight manufacturing.
Through the cluster approach, innovation, operational efficiency, skills
development and “co-opetition” will be established, creating an ecosystem where
companies benefit from collaboration while advancing their own competitive edge.
Specific to the pharmaceutical and medical sector, clustering will include access
to shared laboratory facilities, proximity to regulatory and licensing authorities,
access to advanced cold-chain and temperature-controlled storage as well as a range
of flexible, shared-use facilities tailored to strict industry requirements
This service-driven approach has become a defining feature of the OR Tambo
SEZ and a key contributor to its growing reputation as an investor-friendly
destination.
Looking towards 2026: a year of acceleration
As momentum continues to build, 2026 is expected to be another breakthrough
year for investment into the OR Tambo SEZ.
In April 2026, Gauteng will host the second Gauteng Investment Conference,
convening government leaders, investors and industry experts to discuss
opportunities within the province’s high-growth sectors. The investment
opportunities available at ORTIA Precinct 2 will further be showcased for
companies seeking to expand or establish operations within South Africa’s strongest
economic region.
The message is clear: the OR Tambo SEZ is open for business.
Companies interested in joining this dynamic manufacturing and export
ecosystem are invited to connect with the OR Tambo SEZ and explore investment
opportunities within ORTIA Precinct 2.
A partnership-driven model
Beyond infrastructure, the OR Tambo SEZ development emphasises a
collaborative partnership model. Working closely with the Department of Trade,
Industry and Competition (the dtic) and the Gauteng Provincial Government,
the OR Tambo SEZ team will work with investors to streamline processes,
support regulatory navigation and ensure smooth project delivery.
The offices of the Gauteng Industrial Development Zone, the entity which operates the OR Tambo SEZ.
Visit www.ortambosez.co.za
19

NAMAKWA SPECIAL ECONOMIC ZONE
Advancing industrialisation, circular economy innovation
and investment readiness in the Northern Cape.
The Namakwa SEZ is strategically located 10km west of Aggeneys, adjacent to the important Gamsberg zinc mine.
TThe Namakwa Special Economic Zone (SEZ) was formally designated as an
Economic Zone following the announcement by Minister of Trade, Industry
and Competition Ebrahim Patel on 21 May 2024. Premier Dr Zamani Saul
confirmed this milestone on 23 May 2024, marking a significant step in
the industrialisation journey of both the province and the Sixth Provincial
Administration. The Namakwa SEZ spans 1 270 hectares and stands as a
strategic industrial asset that strengthens the Northern Cape’s position within
national industrial policy and long-term sustainable development pathways.
Investment commitments of more than R29.3-billion from Vedanta Zinc
International and Frontier Rare Earths signal strong investor confidence
and place the SEZ at the centre of the Northern Cape Industrial Corridor.
This investment base supports job creation, SMME development and the
establishment of new value chains across mining, processing advanced
manufacturing and energy systems.
The Namakwa SEZ is strategically located 60 kilometres east of Pofadder
and 10 kilometres west of Aggeneys, adjacent to the Gamsberg zinc mine.
This location strengthens its ability to integrate upstream and downstream
activities, support resource beneficiation and unlock circular economy
models that maximise material efficiency. Investors focused on circularity
in mining, waste-to-value technologies, industrial symbiosis, renewable
energy integration and by-product recovery will find the Namakwa SEZ well
positioned to support commercially viable and scalable solutions.
The SEZ forms a foundational platform for the Northern Cape Industrial
Corridor. It supports the transition to a diversified, low-carbon economy with
strong alignment to the Northern Cape Green Hydrogen Strategy. The zone is
expected to attract Original Equipment Manufacturers and clean technology
enterprises that will support the broader Boegoebaai Green Hydrogen
development programme and contribute to South Africa’s national objective of
achieving net-zero emissions by 2050.
A top national priority
A key strength of the Namakwa SEZ is its advancement within Infrastructure
South Africa’s national project pipeline. The project is listed among the top
12 strategic projects being supported through Infrastructure South Africa’s
project preparation process. This national support accelerates technical,
legal and financial preparation activities and positions the SEZ on a direct
pathway towards shovel readiness. The province has prioritised engineering
design work for bulk and link infrastructure, the structuring of development
management capacity and the mobilisation of institutional arrangements with
the Northern Cape Economic Development Agency (NCEDA) and its Project
Management Unit.
Indicative development timelines estimate physical installation of fencing
and core site preparation works starting in 2027. These activities will anchor
the transition from planning to implementation and will signal the beginning
20
PHOTOS: Vedanta Zinc International

N CAPE
SPECIAL ECONOMIC ZONES
JOIN US ONLINE
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nce”
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2022/06/01 13:03
of broader construction phases that support investor
onboarding and operational build out.
The Namakwa SEZ offers a compelling opportunity
for investors seeking to participate in industrial
development, green technology diffusion and circular
economic growth. It provides an enabling environment
for innovation, market access and long-term industrial
competitiveness within a province that is positioning
itself as a modern, growing and successful contributor to
South Africa’s economic future.
Investors, strategic partners and innovators are
encouraged to engage with the Northern Cape Economic
Development Agency to secure opportunities within the
zone and participate in shaping the province’s next phase
of industrial growth.
Economic empowerment and good jobs are part of the motivation behind the Namakwa SEZ.
The Northern
Cape Industrial
Corridor: enhancing
regional integration
and establishing the
Northern Cape as a new
growth point.
For more
information scan
the code above.

SPECIAL ECONOMIC ZONES
MALUTI-A-PHOFUNG SPECIAL ECONOMIC ZONE
The MAPSEZ is a subsidiary
of the Free State
Development Corporation
(FDC),an economic
development agency
operating in the province.
TThe MAPSEZ is located in Harrismith, a town nestled in the Maluti-A-Phofung
Local Municipality in the eastern part of the Free State. MAPSEZ is a multisector
Special Economic Zone dedicated to light and heavy manufacturing, as
well as logistics and warehousing operations.
The MAPSEZ has undertaken to establish manufacturing opportunities
and create an environment conducive to regional and international trade.
The SEZ aims to accelerate the generation of new and innovative economic
activities and to encourage beneficiation activities that promote value-added
benefits, thus creating a prosperous trade city and functional trade ecosystem.
As a value proposition, the MAPSEZ offers investors the benefits from tax
and VAT incentives and an ideal location.
Reasons to invest at MAPSEZ
Regional and international logistics
The MAPSEZ complex has access to both rail and road transport
infrastructure (the N5, N8, N1 and N3), which connects the zone to the rest of
South Africa and neighbouring countries. In addition to its strategic location,
this makes the MAPSEZ an ideal destination for logistics, transport, and
warehousing operations.
The MAPSEZ is centrally located on the N3 commercial road corridor
between Johannesburg (the economic heartbeat of South Africa) and
Durban (the busiest port in Sub-Saharan Africa). The SEZ’s location in
relation to major metropolitan economies of the country as well as other
Southern African Development Community (SADC) countries makes it
an ideal choice for investors seeking a cost-effective location for import and
export-orientated operations. The SEZ also has excellent logistics links to the
southern Bloemfontein/Cape Town route via the N5-N1 corridor.
Safety and security
The MAPSEZ complex is a secure trading environment, fenced all round with
controlled access at all entry points.
Tax incentives
Several tax incentives are available to ensure investors’ growth, revenue
generation and international competitiveness. These incentives include a
reduction of corporate tax from 28% to 15% for qualifying businesses.
22

SPECIAL ECONOMIC ZONES
Developed infrastructure
MAPSEZ has all the necessary infrastructure in place, including roads,
bulk water and sewer networks, electrical sub-stations and overhead power
lines. MAPSEZ also has fit-for-purpose factories with all the necessary
infrastructure to “plug and play”.
Proximity to major agricultural produce areas
The MAPSEZ is geographically located within one of the country’s biggest
farming regions. Potatoes, soybeans, sorghum, sunflower, maize and wheat
are some of the natural resources cultivated in the Eastern Free State. This
makes MAPSEZ an ideal investment destination for food processors and
other agro-processing businesses.
Tailor-made lease terms
MAPSEZ offers prospective investors various types of lease terms tailor-made
to suit their business needs. Investors can enter land-only contracts, where
they only lease the land and construct their own factories, or they can choose
to renovate an existing structure and receive preferential lease rates in return.
All-round balanced lifestyle
There is plenty of opportunity to enjoy the great outdoors. The Eastern Free
State has some of the most scenic beauty imaginable, with places of interest
such as Golden Gate, Clarens and the Drakensberg nearby. The town of
Harrismith has adequate schools, hospitals, places of worship and places
of leisure. Executives and key staff will find comfortable accommodation
within a radius of 10km from the SEZ. Low-earning staff members can find
convenient and affordable accommodation near the SEZ.
CONTACT:
Maphoka Setai: Investment Promotion Manager
Address: Cnr Amanda and DeLange Streets, Tshiame A, Harrismith,
Free State 9880
Cell: +27 78 800 2162
Email: maphoka@mapsez.co.za
Website: www.mapsez.co.za
23

SPECIAL ECONOMIC ZONES
INFRASTRUCTURE FUNDING
MAKES IMPACT
Africa Finance Corporation reports a $50-billion GDP impact through its blended finance model while
investment in three Special Economic Zones is advancing the cause of women in workforce participation.
Africa Finance Corporation, a leading infrastructure-solutions provider, has
published its annual Development Impact Report, presenting a comprehensive,
data-driven account of AFC’s cumulative development outcomes across
Africa. The report reveals that AFC-backed projects have to date added over
$50-billion to GDP and supported the creation of seven-million jobs across
36 countries.
The report also highlights the establishment of the continent’s largest and
fastest-growing renewable energy platform, Infinity Power, which is delivering
1.4GW of clean electricity and is on track to reach 3GW by 2030, a marker of
AFC’s leadership in Africa’s energy transition.
“This report is a record of the tangible, large-scale impact we’ve always
aimed for, driven by disciplined capital, strategic partnerships and a focus on
outcomes that matter,” said Samaila Zubairu, President and CEO of AFC at
the presentation of the report. “From clean energy to industrial ecosystems
and regional rail links, AFC’s investments are transforming challenges into
opportunities and unlocking Africa’s potential at scale.”
The report tracks outcomes across 166 projects, drawing from over 250 000
data points validated by a rigorous methodology. AFC’s development model,
grounded in its Theory of Change, prioritises four pillars: industrialisation,
energy transition, regional integration and digital inclusion.
Further key metrics include:
• From clean energy to industrial ecosystems and regional rail links, AFC’s
investments are transforming challenges into opportunities and unlocking
Africa’s potential at scale.
• $14-billion in capital mobilised
• 4.1-million homes connected to electricity
• 8.8 million tons of CO2 emissions avoided annually
The report also details broad social outcomes, including inclusive employment
across gender and age, among significant community-level impacts. For
example, AFC investments in Gabon’s ARISE Integrated Industrial Platforms
resulted in 42% female workforce participation. Women are employed across
manufacturing, services and off-grid energy sectors, advancing gender equity
in traditionally male-dominated industries.
ARISE IIP is a joint venture between AFC Equity (50.76%), Afreximbank
FEDA (25.51%) and the Africa Transformation and Industrialization Fund
(23.73%) with three operational zones – Nkok SEZ in Gabon, Glo-Djigbe
Industrial Zone (GDIZ) in Benin and Plateforme Industrielle d’Adétikopé
(PIA) in Lomé, Togo.
Digital inclusion initiatives like M-KOPA, a pay-as-you-go mobile and solar
energy finance platform, empowered 1.7-million first-time mobile Internet
users, while investments in providers like MTN and Airtel have connected
over 100-million people to mobile and broadband services.
AFC’s model links strategic project development with exit discipline,
crowding in private capital once projects are commercially viable. The report
highlights notable investment outcomes, including:
• Infinity Power/Lekela acquisition: now Africa’s largest renewable platform,
with large-scale wind and solar operations spanning Egypt, Senegal and
South Africa
• The Red Sea Power project: setting Djibouti on course to become the first
African nation powered entirely by renewable energy
• Lobito Rail Corridor: linking Angola, DRC and Zambia to shorten export
timelines from 45 to seven days, cut 300 000 tons of CO2 emissions
annually and unlock trade routes for minerals critical for the globalenergy
transition
• Takoradi Port exit (Ghana): a demonstration of a transition to private
capital, preserving impact and redeploying funds
• Kamoa-Kakula: the world’s lowest-emission copper mine, contributing 6%
to DRC’s GDP
All data is aligned with international benchmarks, including the UN
Sustainable Development Goals (SDGs), GIIN IRIS+ and the Joint Impact
Model (JIM).
As global demand grows for sustainable, high‐yield investments, AFC’s
blended finance model offers a replicable approach to accelerating Africa’s
infrastructure development. The report concludes with a call to partners
– governments, investors and development institutions – to collaborate in
scaling proven models that drive structural transformation, climate resilience
and inclusive growth.
Learn more about Africa Finance Corporation at www.AfricaFC.org
24

MINING
AFRICA’S LITHIUM PROSPECTS
African Mining Week 2025 highlighted the employment and revenue-generation
opportunities within the continent’s lithium extraction and beneficiation sectors.
South Africa’s vast manganese resources will play a vital role in answering the global demand for energy storage. The Kalahari Basin in the Northern Cape holds 80% of the world’s manganese ore body.
Africa’s lithium industry is gaining strong momentum in 2025, marked by new
project launches, significant discoveries, increased capital inflows and progress
in local value addition. In a major milestone for downstream development,
Zimbabwe’s Verify Engineering announced in July the successful production of
the country’s first locally manufactured lithium-ion battery. The development
aligns with Zimbabwe’s national strategy to ban unprocessed lithium exports by
2027 – a move aimed at driving beneficiation, enhancing domestic industrial
capacity and positioning the country as a competitive player in the global battery
value chain.
This progress was highlighted during the course of African Mining Week
(AMW) 2025, which also showcased emerging opportunities across the
continent’s lithium value chain.
AMW serves as a premier platform for exploring the full spectrum of mining
opportunities across Africa. The event was held alongside the African Energy
Week: Invest in African Energies 2025 conference in Cape Town.
New discoveries
As the official platform for advancing Africa’s mining prospects, AMW 2025
provided global stakeholders with key updates on the continent’s latest lithium
discoveries and project developments. Among these, UK-based Aterian and
global major Rio Tinto announced Rwanda’s first lithium find at the HCK
Lithium Project in July 2025, pictured far right, marking a pivotal milestone in the
country’s mining sector. Meanwhile, in Ivory Coast, Atlantic Lithium reported
the discovery of spodumene-bearing pegmatites at its Agboville and Rubino
licences in March 2025. The find comes as the company progresses its flagship
Ewoyaa Lithium Project in Ghana, set to become the country’s first industrialscale
lithium operation.
First production milestones
AMW 2025 also drew attention to Africa’s growing lithium production capacity
and its rising contribution to the global battery-mineral supply chain, as several
first-production milestones are achieved across the continent. In July, Premier
African Minerals commenced operations at its Zulu Lithium Plant in Zimbabwe,
reinforcing the country’s role as a leading global lithium producer. Earlier in
February, UK-based Kodal Minerals began spodumene concentrate production
at its Boungouni Project in Mali, pictured right, targeting a steady monthly
output of 10 000 tons, primarily destined for export to China. Meanwhile, Mali’s
Goulamina Project – operated by China’s Ganfeng Lithium – achieved first
26
PHOTO: South32

MINING
production in January, with Phase 1 capacity reaching 506 000 tons, positioning the site
among the largest lithium operations worldwide.
New financing unlocking Africa’s potential
Financing deals and innovative mechanisms are also accelerating the growth of the lithium
sector. In July, Canada’s Lithium Africa raised over C$3.4-million through a private
placement to fund exploration and development projects across Morocco, the Ivory Coast,
Guinea, Mali and Zimbabwe. In the same month, Nigeria’s Continental Lithium expanded
its working capital through a strategic merger with Chariot Corporation to support its hardrock
lithium assets in Oyo and Kwara states. Meanwhile, in May, US startup KoBold Metals
pledged $1-billion to develop the Manono Lithium Project in the Democratic Republic of
Congo, following its acquisition of project operator AVZ Minerals.
As Africa rapidly positions itself as a major hub for lithium production, AMW serves as
the focal point for industry dialogue. The event spotlighted investment-ready opportunities
and facilitated deal-making between African stakeholders and global financiers, advancing
the continent’s ambitions in the lithium space.
Distributed by APO Group on behalf of Energy Capital & Power.
CRITICAL MINERALS IN SOUTH AFRICA
The Minerals Council South Africa has highlighted how important critical
minerals are to the continued expansion of South Africa’s mining sector.
In an interview with Energy Capital & Power, Sietse van der Woude, Senior
Executive: Modernisation and Safety at the Minerals Council, emphasised
rising global demand for energy storage as a driver for leveraging South
Africa’s manganese reserves.
This followed his appearance on the panel of the Leaders Forum at Critical
Minerals Africa 2024, where he showcased emerging opportunities within
the critical minerals sector, with a focus on maximising economic growth
through the country’s rich mineral resources.
“With manganese, we can produce manganese sulphide for lithiumion
battery energy storage applications and unlock new prospects for our
mining industry,” stated Van der Woude, noting that increasing demand
for consumer electronics, such as mobile phones, creates significant
opportunities for stakeholders in the rare-earths sector.”
To address challenges and opportunities in critical minerals extraction,
the Minerals Council is conducting a study under the Mandela Mining
Precinct, a public-private partnership with the government.
“The aim is to understand these critical minerals, the risks associated with
them and how to maximise in-country processing,” said Van der Woude.
The findings are expected to guide research and development initiatives,
fostering collaboration between private and public investors to unlock the
full potential of South Africa’s critical minerals sector. The Minerals Council
is a mining industry employers’ organisation.
PHOTO: Kodal Minerals, Aterian
27

ENERGY
DRIVING TOWARDS RELIABLE,
SUSTAINABLE ENERGY, ACCESS TO
ELECTRICITY AND HIGHLY FUNCTIONAL
POWER AND ELECTRIFICATION
SECTORS IN AFRICA
At the African Energy Forum held in Cape Town in 2025, The Journal of African Business
spoke with Andrew Herscowitz, the Chief Executive Officer, Mission 300 (M300)
Accelerator, a unit established by Rockefeller Catalytic Capital.
W
What does Rockefeller Catalytic Capital do?
RF Catalytic Capital is a charitable offshoot of the Rockefeller Foundation that was
created to help advance particular projects. We run the Mission 300 Accelerator to
provide support to the World Bank, the African Development Bank and the Global
Energy Alliance to help them advance Mission 300.
The World Bank and African Development Bank have about 130 projects in their
pipeline and if those are achieved, they will deliver 300-million Africans access to
electricity by 2030. Our technical-assistance accelerator is to serve as the grease for
those projects. As they identify an obstacle (a legal issue or an environmental study
that needs to be done) we can act very quickly.
They can turn to us if they are not able to address it through their own tools. We
have moved on about 20 technical-assistance projects, everything from counting
the number of healthcare clinics and schools in Côte d’Ivoire that don’t have
electricity access to working on the national electrification plan in Madagascar,
doing an evaluation of a transmission line in Chad.
As the teams on the ground identify what the needs are to help unstick those
projects they come to us and then we can help fund them.
electrification and clean cooking. We also had 25 heads of state signing the All-
African Declaration to support the principles of Mission 300.
Ultimately Mission 300 is owned by the governments themselves. The realise
they have to lead, they have to make the reform commitments, committing their
own resources, but also helping to identify their gaps so that we can help them fill
those gaps.
So the goal is to get 300-million people connected?
Andrew Herscowitz, CEO, Mission 300 Accelerator.
That’s the high-level goal, but the bigger goal is making sure that countries have
highly functional power and electrification sectors. We are driving countries
towards more reliable, sustainable energy which is why there is also this focus on
clean cooking. Billions of people still use biomass, charcoal and wood for cooking.
Who owns Mission 300?
The World Bank and African Development Bank are in the lead. The World Bank
committed to 250-million people across Africa getting access to electricity and the
African Development Bank committed to 50-million. Collectively they’re working
together. We are the grease and the glue.
Strengthening grids is an objective of M300.
A powerline in Jos, Nigeria.
Do you send engineers to projects?
Probably not specifically on a project itself, but it might be sending subcontracted
engineers to help a country figure out how to handle a higher-level problem. We
also have the Mission 300 Expert Roster where experts all go onto a roster so that
as countries identify specific needs that they need to advance under their compacts,
they can call on them. This is across the entire sector, whether it’s an engineer, a
former regulator, a person who has geospatial mapping expertise or finance or legal
expertise. We can help hire them.
Are African governments supportive of the project?
In January 2025, 12 African heads of state signed compacts that make certain
reform commitments that should open up their sectors to investment and advance
28
PHOTO: HisArt Photos on Unsplash

ENERGY
Are you also involved in things like mini-grids?
Yes. Of the 300-million people getting access to electricity, we anticipate about
half of them will get their electricity from a traditional grid, either through grid
expansion or grid densification. The other half we expect will be in the off-grid
space, whether that’s from a mini-grid or a solar home system.
Millions of Africans use biomass,
charcoal and wood for cooking.
Including the really small system that powers one mobile phone and one
light bulb?
Yes, but we are striving for much higher levels of access because you are not going
to increase your income by just charging a cellphone and having a few light bulbs,
even though that is the entry level for a lot of people.
What’s driving Mission 300 is the idea of growing economies and helping people
out of poverty. No-one is going to emerge from poverty in the dark. There is no
high-income country that is energy-starved. What we ultimately strive for is for
everyone to have at least tier 3, tier 4 or tier 5 levels of electricity, meaning they are
able to power productive appliances that could help increase their incomes.
So it’s a mix?
It’s whatever we can do to get people to productive levels. If you live in a remote area
you might not be able to wait 30 or 40 years for the grid to arrive.
You need a productive level of electricity that could help power grain mills,
water pumps, or to help increase the yields for agriculture that will improve storage,
everything that we can do to help increase incomes. You could even be running
crypto mining or localised AI learning in a remote area. There are many potential
income streams in rural areas and some of that will come from mini-grids.
What is the scorecard in terms of getting Africans connected?
I was the first coordinator for Power Africa which was launched in 2013 and we set
the goal of 300-million Africans having access to electricity by 2030. Between 2013
and today I think they achieved about 200-million people having access. I don’t get
too excited about five people standing around a little solar lantern but we did make
significant progress, but it didn’t keep up with population growth so the ambition
of Mission 300 is double the speed.
We’ve learned a lot. We have learned what works, what doesn’t work and
companies have evolved, so we’re able to take a more strategic approach to how
we’re going to increase connections. The banks have a lot of experience in this now
so we’re drawing on that expertise and there are more resources available. There is
collectively about $30-billion to $40-billion of concessional capital that’s available
to achieve the goal. We’re hopeful that if we can just keep these projects on track
we will achieve, if not exceed, the goals.
And where does this capital come from?
The vast majority of the capital comes from the World Bank’s International
Development Association, their pool of concessional capital. The African
Development Bank has its own pool, then you have philanthropies like Rockefeller
Foundation and others.
What effect will the political climate in the USA have on these plans?
The hope is that the US will continue to have an interest in electrification in
Africa. The US Secretary of Treasury recently specifically pointed to Mission
300 as a welcome example of the type of work that the World Bank and African
Development Bank are doing.
There was very strong bipartisan support for the work that Power Africa was
doing and we continue to see a lot of enthusiasm for Mission 300 as well. The US
Secretary of Energy similarly is a strong believer in ending global energy poverty
and promoting energy abundance.
Who was behind Power Africa?
It was USAID, but just because the money has been frozen doesn’t mean it’s gone
yet. I wouldn’t be surprised if we see some new US effort.
Did Power Africa contribute to South Africa’s Renewable Energy Independent
Power Producer Procurement Programme (REIPPPP)?
They told us some projects were stuck and they needed legal and financial help
and so we embedded about 40 advisors in that office for about six months. Those
advisors helped “unstick” 26 power projects that delivered 2 600MW of power. If
we hadn’t done that the loadshedding that South Africa experienced would have
been much worse. The REIPPPP is an outstanding programme and I am proud of
the fact that we were able to help them move forward on it.
What are the prospects of getting African grids connected to one another?
That is part of Mission 300. There are five pillars in each compact, one of which
is promoting regional power trading and improving the power pools. Another is
getting the utilities work towards putting in the better financial conditions which
includes people paying for the actual cost of power, so achieving full cost recovery.
The other part is improving the power generation, transmission and distribution
infrastructure. The fourth pillar is improving the investment climate for the private
sector and the last one is increasing electrification and clean cooking.
PHOTO: Creative KG on Pexels
29

REFRIGERATION
SAFETY TESTING AND DATA
TRANSPARENCY ARE KEY
The Managing Director of Staycold, Lena le Roux, explains the extra
benefits for high-throughput outlets of deploying Sub-Zero units.
WWhat is Staycold doing regarding the global trend towards reducing
carbon footprints?
We believe that by transitioning to sustainable production systems and
business practices, we can contribute to the United Nations Sustainable
Development Goals through:
• Conserving resources and driving efficiency
• Optimising energy consumption
• Reducing emissions
• Improving waste management
Please tell us about the “carbon edition” freezers, coolers and underbars.
It is a new design with an all-black finish interior and exterior and it is
ideal for outlets that require a more trendy and visually appealing look
in their environment.
What is a Sub-Zero cooler and what are its benefits?
A Sub-Zero beverage cooler is different to a regular beverage cooler as it
can maintain the temperature of the product within it at below zero
temperatures, whereas a regular beverage cooler averages between 3°C to
5°C depending on the specifications.
Staycold Sub-Zero coolers are sometimes referred to in the trade as
“Super Sub-Zero” coolers due to their ability to keep all the products within
them below zero, at an average temperature of -3°C. Other suppliers offer
“Sub-Zero” units that have an average of temperature of -1°C but because of
this higher average temperature, not all the products are below 0°C.
This leads us to the second benefit of a Sub-Zero cooler, namely the
improved performance required from the refrigeration system to achieve
these temperatures, especially, as is the case of Staycold Sub Zero coolers,
at ambient temperatures of up to 40°C.
This increased performance means that Sub-Zero coolers are often used
in environments where fast “pull down” speeds are required – the speed that
a cooler “chills” product down from ambient after it has been placed in the
cooler. This makes Sub-Zero units an excellent choice for high-throughput
outlets that experience busy periods.
What products are manufactured at your facility in Parys?
All products sold under the Staycold brand are proudly manufactured at
our facility in Parys. Our product range has a 65% in-house manufactured
contribution with 68% South African content.
Has the factory received any upgrades or expansions in recent times? What
has been added?
We recently completed phase 1 of our expansion strategy by adding a
200m² employee facility which also houses a dedicated training area, where
Staycold MD Lena le Roux
our employees will take part in regular training sessions in partnership
with merSETA.
An additional 500m² was also added to the operational facility to
ensure a more efficient and streamlined manufacturing flow, with the new
area creating much-needed space for new equipment arriving in the course
of 2025.
Are your products suitable for areas where electricity supply is intermittent,
or where loadshedding might happen?
No electrical appliance is ever 100% suitable for intermittent supply, but
unfortunately this is a reality for both the South African and African markets.
To mitigate, all our units are fitted with voltage protection as part of the
digital controller which protects the system from both high and low voltage.
Why is testing so important? Please tell us about your collaboration with
the SABS.
Testing has two-fold importance:
• Safety assurance
• Performance validation
Accurate and transparent data, in an easily digestible format, is a
passionately driven focus area for us as this assists the customer with points to
consider before making a purchasing decision.
Our collaboration with the South African Bureau of Standards is focussed
on verification and validation of all our in-house performance data collected
from our in-house test chamber.
Independent testing of commercial refrigeration designed with
hydrocarbon gasses on safety and performance is not yet available in SA.
Therefore, we will continue to send our cabinets to SGS’s laboratory in
Turkey for assessment and full International Electrotechnical Commission
(IEC) Safety testing until the South African market has these resources. In
the meantime, this SABS third-party witnessing for data validation supports
us and confirms the transparency of our data.
30

1 Kakie Strachan Rd
Parys, South Africa
+27 (56) 819 8097
info@staycold.co.za
www.staycold.co.za
Staycold International (Pty) Ltd
HELPING AFRICA
SAFELY GO GREEN
Staycold International, a leading manufacturer of
self-contained commercial coolers and freezers
for the beverage and hospitality sectors, has now
fully transitioned to the use of hydrocarbon
refrigerants in its products.
This in response to global legislation intended
to limit the use of refrigerants with a high Global
Warming Potential (GWP).
Manufactured in South Africa, the cabinets are
designed, assembled and tested in accordance with
strict International Electrotechnical Commission
(IEC) safety standards to address the flammable
nature of this environmentally friendly gas. Each Staycold unit is verified for proper refrigerant charge,
sealing, and component safety. Additional quality checks ensure Staycold products meet and exceed global
performance and safety expectations.
For more information on procuring Staycold units within the
AfCFTA region or for technical advice, please contact us.
All STAYCOLD units are manufactured in an ISO
9001:2015 approved facility to stringent IEC 60335
safety standards, tested to ISO 22044 efficiency
protocols, and are trusted all over the world to
perform in the toughest ambient conditions.
Trust the Experience

RENEWABLE ENERGY
THE FIVE-YEAR SPRINT FOR SOLAR
The world is in a race to get to 5 500GW of global PV capacity. Innovative computational design
software will get us there quicker, explains the CEO of 7 Second Solar, Paul Nel.
TThis year, the world is set to add 600GW of new solar PV capacity to the
global energy mix. That’s more than 10 times the rate of development in 2016.
The International Energy Agency (IEA) forecasts that, globally, we will add
over 5 500GW of renewable energy by 2030, and that new solar capacity
added between now and 2030 will account for 80% of this growth by the end
of this decade.
Looking at our current position and the rapidly declining costs of solar
tech, it’s easy to get excited about the future. But between 2025 and 2030, we
still need to bridge a 3 300GW gap in capacity, considering that globally, we
currently have just over 2 200GW of installed solar PV capacity.
Given the size of utility-scale solar projects, they can take months – or even
years – to move through feasibility assessments, design, environmental
authorisations and investor approvals.
Let’s explore what would make it possible to bridge this 3 300GW gap. But
first – why solar energy and not other sources?
In the last 15 years, the cost of utility-scale solar has dropped by 90%, from
$0.40 per kWh to less than $0.04. Solar is already more cost-effective than
coal. Within a five-year window, solar will surpass nuclear, wind, hydro and gas
in electricity generation. By 2032, solar could outproduce coal-fired plants
altogether. The production costs of coal, oil and gas have all remained quite
volatile, with many fluctuations over recent years, yet they have never trended
downwards. The declining costs of solar and the availability of this resource
makes solar, likely, the most viable sector to develop.
What are the bottlenecks?
Over the next five years, $27-billion will be spent on designing utility-scale
solar projects. This translates to roughly 250 000 work years – requiring 50 000
engineers to keep pace. Yet, despite this massive investment of time and
resources, every megawatt of solar is typically designed just once, and then
that initial design is not changed due to the complexity and challenge of
producing further design iterations. This leaves little room for optimisation or
value engineering.
With 50 000 engineers working on traditional designs, human error alone
could drive up construction costs and impact long-term performance.
As with every utility-scale solar project, there will be inevitable changes to
project parameters and equipment selection. Extensive redesign work becomes
a given. This can add months to the timeline.
The bottom line: traditional design of utility-scale solar plants takes a lot of
time, costs a lot of money and even with the best energy engineers human error
always leads to impacted costs and energy yields.
Bringing utility-scale solar over the line
A project might pencil-out perfectly on paper, but if it takes too long to move
from concept to construction, it risks missing the window of viability. Equipment
prices shift, supply chains fluctuate and policies evolve. Delays can mean
lost opportunities, higher costs and suboptimal energy generation.
When we use AUTOPV, our computational design software, during the
feasibility or design stages, it enables us to explore multiple design iterations
for the same site – which can be produced in a matter of hours.
We recently used AUTOPV to design eight iterations for a 214MW solar PV
project to evaluate the impact of minor configuration changes, like the width of
corridors or the placement of string inverters, on the overall design outcome.
The result was quite staggering. Within those eight designs, we identified
a configuration that could save $1-million in cable costs alone, or alternatively,
it could optimise for an additional $50 000 of annual revenue due to lower
DC losses. We produced these eight designs in a morning using AUTOPV,
including constructible AutoCAD drawings with exact cable routings and
inverter placements for each iteration.
This design automation may be exactly what the utility-scale solar sector
needs, namely more agility during the feasibility stages. Even beyond feasibility,
AUTOPV allows us to produce detailed design iterations so that engineers do
not spend months re-routing and redrawing cables every time equipment
selection or site configuration changes. A project timeline has the potential to
be reduced by over a year when this type of design automation is used.
In five years, we will land in 2030 – which holds a lot of significance in terms
of global sustainability goals (specifically SDG 7: Affordable and Clean Energy)
and many countries’ energy targets.
If we are able to add another 3 300GW of utility-scale solar capacity between
now and 2030, we put ourselves in a much better position to fill the global energy
gap, and meet SDG 7.1 (Universal Access) and SDG 7.2 targets (Renewable
Energy Mix).
African commitment
In January 2025, 12 African countries declared their commitment to Mission
300, an initiative which aims to extend electricity access to 300-million people
32

RENEWABLE ENERGY
Golomoti Solar PV and Battery Energy Storage Project, Malawi. Zutari used AUTOPV to design the solar PV and BESS plant. Supplying 20MW to Malawi’s grid, the project overcame complex site challenges,
including preserving a baobab tree, through rapid design iterations. AUTOPV enabled the rapid optimisation of plant layouts, configurations and equipment selections. This allowed JCM Power, the
project’s co-developer, to make informed decisions early, ensuring cost-efficiency. The project is Malawi’s first BESS-integrated solar plant, stabilising the grid and enhancing energy security.
in Africa by 2030. With this declaration, these African countries have set out specific
policy measures and plans to address constraints across their energy sectors, including
introducing more renewables into their energy mix.
Australia has legislated a commitment to reduce greenhouse gas emissions by 43%
from 2005 levels by 2030, with a long-term goal of net-zero emissions by 2050. Germany
aims to generate 65% of its electricity from renewable sources by 2030 and achieve
carbon neutrality by 2045.
India aims to generate 40% of its electricity from non-fossil fuel sources by 2030 and
achieve 500 GW of installed electricity capacity from non-fossil fuel sources by 2030.
The year 2030 seems to be one that, universally, we like – so with five years to
go, let’s see if we can meet the 5500GW target with faster design and more scalable
utility-solar.
For more information on 7 Second Solar and AUTOPV, visit: www.7secondsolar.com
ABOUT 7 SECOND SOLAR AND AUTOPV
As the only extraterrestrial energy source available, 7 Second Solar is
committed to driving solar adoption, not as an “alternative” energy
source but as the de facto source, ensuring the sustained health of
our planet and the prosperity of all its inhabitants. The company’s
software, AUTOPV, is a computational design solution that automates
detailed designs of large, complex photovoltaic installations. It
delivers outputs such as design reports, schedules, bills of quantity
and detailed, engineering-quality, geo-referenced AutoCAD drawings.
With AUTOPV’s advanced algorithms, detailed designs that can
take up to five months for an engineer to produce can be processed
and automated in just days. It also produces more accurate bills of
quantities and allows for different design iterations for the same site.
33

AGRICULTURE
LOW-METHANE
LIVESTOCK
Africa’s farmers to benefit from global push
for low-methane, resilient livestock.
T
The International Livestock Research Institute (ILRI), with support from the
Bezos Earth Fund and the Global Methane Hub, has announced the launch of
a three-year, $3.35-million initiative.
As part of the Global Methane Genetics Initiative, the project will use cuttingedge
science to help African countries breed cattle that produce less methane
(CH4) emissions. By improving indigenous livestock, the initiative aims to reduce
emissions while strengthening productivity, food security and climate resilience
for millions of smallholder farmers across the continent.
“Reducing methane from cattle is one of the most elegant solutions we
have to slow climate change,” said Andy Jarvis, Director of the Future of Food
at the Bezos Earth Fund, at the initiative’s launch at the ILRI offices in Nairobi.
“Thanks to collaboration with the Global Methane Hub, we’re backing an effort
that uses age-old selection practices to identify and promote naturally low-
emitting cattle – locking in climate benefits for generations to come.”
Raphael Mrode, Principal Investigator at ILRI, making his presentation during the launch of
the initiative.
Livestock in Africa account for 18% of global livestock methane emissions,
with cattle alone responsible for 70% of emissions in Sub-Saharan Africa.
Without intervention, these emissions could triple by 2050. By tapping into the
genetic diversity of indigenous breeds and applying cutting-edge science, the
initiative will help Africa contribute to global climate goals, including the 1.5°C
warming target.
“This initiative represents an important step towards a more sustainable
and productive livestock sector in Africa,” said Raphael Mrode, Principal
Investigator at ILRI, who will oversee scientific management of the project.
“By integrating advanced genetics with Africa’s indigenous breeds and farmer
knowledge, we can achieve meaningful reductions in methane emissions while
strengthening rural livelihoods through improved productivity.’
The initiative will address the following:
• Measuring methane from 3 000 cows and production traits in five African
countries using advanced laser detectors and mobile apps, linked to existing data
on 9 000 cows.
• Profiling microbial communities in over 1 000 tropical cows, using rumen
content to understand the links that exist between microbes, productivity and
methane emissions.
• Scientists are using advanced genetic tools to breed cows that can better
withstand heat, require fewer resources and produce less greenhouse gas.
These climate-smart cattle are being introduced into national breeding
programmes across Kenya, Ethiopia, South Africa, Burkina Faso and Benin –
helping farmers adapt to climate change while reducing emissions.
• Build local capacity by recruiting and training technicians, strengthening
national breeding centres and publishing bull and cow rankings accessible
to farmers.
Regional collaboration
ILRI will coordinate the Africa-wide effort from Nairobi, Kenya and Addis
Ababa, Ethiopia, working with leading partners including the Agricultural
Research Council (South Africa), the French Agricultural Research Centre for
International Development (CIRAD) and the International Center for Research
and Development of Livestock in the Subhumid Zone (CIRDES, Burkina Faso)
and Université d'Abomey-Calavi (Benin). Partnerships with organisations such
as URUS and GENUS will ensure dissemination through breeding centres
and farmer networks.
34

AGRICULTURE
“This work brings together the best of science, industry and the
global breeding community to accelerate genetic improvement for
methane efficiency worldwide,” said Roel Veerkamp, Professor and
leader of the initiative at Wageningen University & Research (WUR). “It fits
nicely with our mission at WUR to explore the potential of nature to
improve the quality of life.”
Expected impact
• A 12% cut in livestock methane over 20 years by an annual 0.6%
direct methane reduction at the population level using animals
improved for low-methane emission.
• Improvement in productivity is expected to reduce methane
production per-kg milk by about 20-25% over a five-year period.
• Publicly available genomic data to support widespread, low-cost
breeding improvements.
• Increased access to productive, climate-resilient livestock for
smallholders, particularly women and youth.
This initiative marks a major step in aligning livestock research with climate
action, offering a pathway to permanent and cost-effective methane mitigation
while securing the future of African farming communities.
Participants attending the launch of the Accelerating Reduced Emissions in Indigenous Breeds
in Africa initiative on the ILRI campus in Nairobi.
ABOUT ILRI
The International Livestock Research Institute (ILRI) works for better
lives through livestock across Africa and Asia. Headquartered in Nairobi,
Kenya, and Addis Ababa, Ethiopia, ILRI is the only institution with a
global livestock research mandate and is a member of CGIAR, a global
research partnership for a food-secure future.
ABOUT GLOBAL METHANE GENETICS INITIATIVE
The Global Methane Genetics initiative is a growing international
collaboration to embed climate-smart breeding practices into livestock
programmes. With support from over 50 institutions in more than
25 countries, the initiative aims to make methane efficiency a global
breeding standard. This effort on genetics forms part of a comprehensive
strategy to address enteric methane via feed, forages, additives,
immunology, behaviour and physiology.
PHOTOS: Saleef Nyambok/ILRI
35

WATER SECURITY
COCA-COLA SYSTEM INVESTS
$1.65-MILLION IN SUPPORT OF
WATER SECURITY
Watersheds critical
to water security in
Nairobi and surrounding
communities are set for
restoration thanks to
an investment in Kenya
of $1.65-million by the
Coca-Cola System.
From left: Eric Githua, Public Affairs, Communication
and Sustainability Director, CCBK; James Bowmaker,
General Manager, CCBK; Diana Sibanda, Head of
Sustainability, CCBA; Ademola Ajagbe, Regional
Managing Director, TNC Africa programme; Charity
Mbirimi, Director of Marketing and Communications,
TNC Africa Region.
TThe project in the Upper-Tana and Mid-Galana basins encompasses
agroforestry systems designed to benefit the supply of key water
reservoirs for Nairobi and rainwater harvesting in groundwater
recharge areas for Mzima Springs.
In collaboration with The Nature Conservancy (TNC) and local
community-based organisations, this initiative aims to replenish water
supplies as well as plant thousands of indigenous trees along riparian
zones to enhance water quality.
Furthermore, the aim is to contribute to the transformation of
degraded farmlands and rangelands through sustainable land
management practices – with hundreds of farm ponds installed – and
fruit orchards planted to improve food security and offer potential
alternative livelihoods for local communities.
The project forms part of the Coca-Cola System’s Africa Water
Stewardship Initiative that was announced in 2024 by the Africa
Operating Unit of the Coca-Cola organisation and its authorised
bottlers, Coca-Cola Beverages Africa (CCBA), Equatorial Coca-
Cola Bottling Company (ECCBC) and Coca-Cola Hellenic Bottling
Company (HBC). It includes a nearly $25-million investment to help
address critical water-related challenges in local communities in 20
African countries by 2030. The work will be led by the Global Water
Challenge (GWC) and implemented by a consortium of partners,
including The Nature Conservancy (TNC), the International Union for
Conservation of Nature (IUCN) and the World Wildlife Fund (WWF).
“As we face increasing water insecurity worldwide, with demand
surpassing supply in many regions including Africa, Coca-Cola is
actively working to help accelerate efforts to address water stress,
protect local water resources and build community climate resilience,”
said Alfred Olajide, Vice President-Franchise Operations, East and
Central Africa at Coca-Cola Central, East and West Africa Limited.
Coca-Cola Beverages Kenya (CCBK) General Manager James
Bowmaker said: “CCBK, as part of CCBA, has a responsibility
to assist those who face water scarcity and to protect local water
resources where we operate, especially in places with the biggest
36

WATER SECURITY
challenges. The Coca-Cola System’s Africa Water Stewardship
Initiative aims to protect and enhance the health of important
watersheds and to improve access to water and sanitation services
in local communities.”
Ruth Masha, Kenya Country Director at TNC, added: “We are
proud to be one of the implementing partners for this project,
aimed at protecting and restoring our watersheds through naturebased
solutions and improving water security for millions across the
African continent. We are collaborating with local communities and
our grassroots partners – the Upper Tana-Nairobi Water Fund Trust,
Green Generation Initiative and Jumuiya Water Fund – as we work
towards a sustainable future for people and nature in Africa.”
“Recognising that partnerships are critical to support this work,
Coca-Cola and its authorised bottlers are collaborating with
governments, businesses and civil society organisations to design
and implement strategic interventions,” concluded Olajide.
About Coca-Cola Beverages Africa (CCBA)
CCBA is the eighth largest Coca-Cola authorised bottler 800 000 customers with a host of international and local
in the world by revenue, and the largest on the continent. brands. CCBA group operates in 14 countries: South
It accounts for over 40% of all Coca-Cola ready-to-drink Africa, Kenya, Ethiopia, Uganda, Mozambique, Namibia,
beverages sold in Africa by volume. With over 14 000 Tanzania, Botswana, Zambia, Eswatini, Lesotho, Malawi
employees in Africa, CCBA group services more than and the islands of Comoros and Mayotte.
Planting for the future.
Learn more at: www.ccbagroup.com • Follow CCBA on LinkedIn
PHOTOS: ©Muchiriframes
37

HOSPITALITY
THE OPPORTUNITY IS HUGE
IHG Hotels & Resorts has 38 hotels in Africa with another 35 in the pipeline. Amith Khanna, the group’s Head of Franchise,
IMEA, reports that IHG is planning further expansion on the continent, adding two brands to the seven in multiple locations.
WWhat is the potential for hospitality in Africa right now? How many beds are three of them in Namibia, and we’re opening a Crown Plaza in Lagos, Nigeria, and
currently in development?
a Holiday Inn in Dakar, Senegal.
There are over 100 000 beds in Africa across 54 countries in the pipeline of
development. Five of those countries are in North Africa and the other 49 in Sub- What is driving this growth in the different areas?
Saharan Africa. This is in about 577 hotels across some of the key chains; that’s what The political and economic stability that we have in certain markets is a factor. We
the data is telling us.
also look at how, from a consumer perspective, there are opportunities for natural,
historic, cultural and adventure tourism. There is a lot of leisure tourism but when
What is the historical actualisation rate for such pipelines?
I look at industries such as oil and gas, mining and manufacturing, this also gives us
There’s a 40% actualisation rate on average, which is double what it was in 2024. the extended-stay business, so it is multiple things that are driving growth.
Pre-Covid it used to be at 75%. We are seeing a lot of opportunities that we can With economic stability, international brands like ours then have that capacity to
bring to reality. The solution is to have the right operating model, the right brand, attract visitors to Africa through our international loyalty membership network. We
the right partner and the right market.
have over 145-million members and they have access to a website or online booking
online. Whether it’s the global distribution system, our integrated marketing or
What is the size of your group’s pipeline?
technology resources, the scale of the brand reputation scale really helps people to
We are one of the largest hospitality groups in the world with over 6 700 operating tap into that market.
hotels and about 3 000 in the pipeline globally across 20 distinctive brands. In
India, the Middle-East and Africa (IMEA) we have about 240 operating hotels and
another 200 in the pipeline.
What is the Africa equation?
In Africa alone, we have 38 operating hotels with seven brands and another 35 in
the pipeline and we are looking to double that in the next two to three years.
Where is the focus in terms of countries?
In North Africa it’s Morocco and Egypt. Of the 35 hotels, 21 of them are coming
in Egypt so that’s the biggest market for us at this moment. But there are big
opportunities in Kenya, Rwanda and Angola. We believe that Sub-Saharan Africa
and South Africa are the next biggest opportunities. We are signing five deals now,
And the newest one that you’re bringing online is the InterContinental Table Bay
at Cape Town’s Victoria and Alfred Waterfront?
We are really excited about bringing in iconic hotels such as Table Bay, pictured,
linked with InterContinental which is one of our hero brands. We are writing a
legacy here because opening an address in town and having a hero brand attached
to it is something special.
I will give you an example of the effect this can have. When I arrived in Cape
Town, the immigration lady asked me the purpose of my travel. I said I am here
for a conference, and she asked where do you work? I told here I am with the
InterContinental Hotel Group, and she had an immediate connection saying, “So
you’re opening the InterContinental Table Bay?” We spent 15 minutes just talking
about the Intercontinental as a brand and about how exciting it is. That’s a lovely
38

HOSPITALITY
At the Future Hospitality Summit (FHS) in Cape Town in June 2025, Valor
Hospitality Partners signed a deal with IHG to manage three new-build
properties in Namibia: Vignette Collection Dunes Resort Swakopmund,
Holiday Inn Walvis Bay and voco Windhoek CBD.
story because you are connecting the brand to something that’s already popular in
a city. It is not a new-build that’s going to take us years to finish. This hotel is being
fully renovated and will open doors in Q4 of this year [2025].
And you are bringing new brands onboard as well?
We have acquired a few brands in the last few years and introduced new brands
such as Vignette Collection. In Dubai we’re opening the tallest hotel in the world
under that brand. We have also acquired brands such as Ruby Hotels, a boutique
hotel brand in Europe with 20 hotels at the moment and another few in the pipeline.
Potentially that could grow to other locations?
Correct, expand to other markets yes.
What is the IGH exposure to Africa?
At the moment we have seven brands in Africa: Six Senses, Iberostar,
InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express and Staybridge.
But we will be bringing in voco hotels by IHG and Vignette Collection, both of
which are what we call soft brands. These are conversion-friendly brands for the
owner of an independent hotel who wants to connect to our distribution; it can be
done at a lower cost through our soft brands.
There’s a study that showed that by 2100, 10 of the 16 biggest cities in the world
would be in Africa. The opportunity in front of us is huge. I wouldn’t say it is one
segment such as long-term stays, because it is hard to say that only one segment
will do well.
Do different countries attract different markets?
Europe is very taken with safaris and Americans visit quite often for cultural
reasons. Many affluent Gen Zs want Instagrammable locations which people can
use as a base for their stories. India and China send many visitors to do business
as well as leisure, which we call B-Leisure. They visit markets like Egypt, Kenya
and Tanzania where they would mix leisure with their business. The Middle East
is about luxury, so those visitors are looking at markets like Tanzania, Rwanda and
Kenya to get those experiences at luxury lodges and safari lodges.
What is the balance within IHG between franchising and IHG-managed hotels?
These are two big operating models that we have, but we never hold one operating
model over another because we want to make sure that both the models are the
right fit. That is because most contracts are for 15, 20 or 25 years. Currently more
than 80% of our business globally is franchised.
And in Sub-Saharan Africa?
In a managed property, the brand operates on behalf of the ownership to give them
sustained profitability. In the franchise model, the owners have to do it themselves
or are they may be willing to work with a third-party management company or a
third-party operator.
Please give an example.
Namibia is a perfect example where we had never been into that market. Now we
have an ownership that has the right infrastructure working together with Valor
Hospitality, a third-party management company.
Is there a growth in the number of long-term stays?
In 2024 Africa welcomed over 74-million tourists, a growth of almost 13% over
the previous year. Therefore, we see a lot of international brands taking an interest.
Amith Khanna, Head of Franchise, IMEA, IHG Hotels & Resorts.
PHOTO: Valor Hospitality Partners
39

COUNTRY PROFILE
ALGERIA
Algeria hosted the Intra-Africa Trade Fair (IATF) in 2025.
PEOPLE’S DEMOCRATIC REPUBLIC OF ALGERIA
A transition from reliance on hydrocarbons is underway.
Capital: Algiers.
Other towns/cities: Oran, Constantine, Annaba, Batna, Djelfa.
Population: 46.7-million.
GDP: $263.6-billion.
GDP per capita: $5 631.
Currency: Dinar.
Regional Economic Community: African Union, Arab League, Organisation
of Islamic Cooperation (OIC), OPEC, Arab Maghreb Union.
Land mass: 2.38-million km², the largest country in Africa.
Coastline: 1 200km.
Resources: Petroleum, natural gas, iron ore, phosphates, uranium, lead, zinc.
Main economic sectors: Hydrocarbons dominate the economy, with crude
oil production and natural gas exports responsible for more than 80% of
export earnings.
Other sectors: Renewable energy, public service.
New sectors for investment: Many Turkish firms have opened in Algeria in
recent years, supporting the drive to diversify the economy. Renewable energy
and infrastructure.
Key projects: A Government Action Plan is supported by the World Bank in
four key areas: public-finance reform, diversification of the economy, energy
transition and adaptation to climate change.
Chief exports: Crude petroleum, natural gas, refined petroleum, fertilisers,
iron bars.
Top export destinations: Italy, France, Spain, USA, Netherlands.
Top import sources: China, France, Italy, Turkey, Brazil.
Main imports: Wheat, maize, plastics, cars, milk.
Infrastructure: Houari Boumediene International Airport (or Algiers
International Airport) is the country’s main airport and the hub for Air Algérie.
A comprehensive network of pipelines stretches in every direction, including
under the Mediterranean Sea to Spain and Italy. The Trans-Saharan Highway,
intended to link Algiers with Lagos, Nigeria, was said in 2025 to be 90%
complete, with the 2 400km Algerian section fully built. Within Algeria, there
is a dense network of roads, and this will be complemented by the East-West
Highway, a 1 200km project currently under construction.
ICT Development Index (IDI): 77.8 (2023) ITU.
Mobile subscriptions per 100 inhabitants: 112 (2023) World Bank.
Internet percentage of population: 77% (2023) World Bank.
Climate: The Sirocco is a hot wind that causes sandstorms in the summer.
Overall climate is arid to semi-arid with the coastal strip generally having
milder conditions. Rain on the coast in winter, dry in summer. The high plateau
is hot in summer and cold in winter. The Tell Atlas and Saharan Atlas mountain
ranges run in parallel in the north towards the high mountains of the east. The
Hoggar Mountains are in the south.
Religion: Predominately Sunni Muslim.
Modern history: Algeria’s fight against colonial French forces was a bitter
struggle which ended with independence in 1962. Before French rule started
officially in 1848, the area had had a degree of independence within the
Ottoman Empire. In 1976 Algeria and Morocco fought over the destiny of the
area known as Western Sahara, an issue that still bedevils relations. Morocco’s
rule over the territory is not recognised by the UN. A new Algerian constitution
did away with one-party rule in 1989, but the civil war that broke out in 1991
lasted to 2002. The war was sparked by authorities cancelling elections because
they were nervous at the prospect of Islamists winning elections. In 1999,
newly elected President Abdelaziz Bouteflika announced a policy of national
reconciliation. An Islamist insurgency aimed at overthrowing the state began
in 2007. The Arab Spring of 2010/11 was not as dramatic in Algiers as it was
elsewhere but the national state of emergency, which had been in force since
1992, was lifted to reduce tension. A commitment was also made to liberalise
the constitution, something that eventually happened in 2016. Popular
discontent led to President Bouteflika stepping down in 2019. He was followed
by Abdelmadjid Tebboune, who was elected for a second term as president in
2024. Algeria has been included in the European Neighbourhood Policy (ENP),
an initiative of the EU which aims to see closer cooperation between Europe
and its neighbours.
40
PHOTO: Sheraton Club des Pins Resort

Ancient Cairo. The Mosque of Rifai and Sultan Hassan.
EGYPT
Modern Cairo.
ARAB REPUBLIC OF EGYPT
Egypt plays a key role in Middle Eastern politics.
Capital: Cairo.
Other towns/cities: Alexandria, Giza, Port Said, Suez, Al Mahalla Al Kubra, Luxor.
Population: 116.5-million.
GDP: $389-billion.
GDP per capita: $3 338.
Currency: Egyptian pound.
Regional Economic Community: Arab League, BRICS, Non-Aligned Movement,
Organisation of Islamic Cooperation (OIC).
Land mass: 995 450km².
Coastline: 3 049km.
Resources: Asbestos, petroleum, natural gas, iron ore, phosphates, manganese,
limestone, gypsum, talc, asbestos, lead, rare-earth elements, zinc.
Main economic sectors: Agriculture and tourism. In 2024, 15.7-million tourists
visited.
Other sectors: Services, manufacturing, oil and gas, petrochemicals, construction,
mining.
New sectors for investment: Special Economic Zones. The General Authority for
Investment and Free Zones (GAFI) manages and encourages investment in nine
zones. Gold mining and other minerals.
Key projects: Egypt Vision 2030 aims to diversify markets and energy infrastructure.
There is also a National Climate Change Strategy 2050. The IMF and the World Bank
are supporting macroeconomic stabilisation and structural reforms.
Chief exports: Petroleum (crude and refined), natural gas, fertilisers, garments.
Top export destinations: Saudi Arabia, Turkey, Italy, USA, UAE.
Top import sources: China, Saudi Arabia, Russia, USA, Germany.
Main imports: Refined petroleum, wheat, plastics, natural gas, packaged medicine.
Infrastructure: The Aswan High Dam regulates waterflows from the Nile River,
feeding irrigation systems covering 33 600km² along the river and in the Delta. The
Suez Canal is a major international gateway and a significant source of income. Egypt
is Africa’s largest producer of gas-fired electricity, but renewable-energy plants are
being built. The 4 800km rail network is run by Egyptian National Railways. Plans
for a high-speed rail project are well advanced. A new city, the New Administrative
Capital (NAC), is under construction 45km east of Cairo. The intention is to house
about six-million people, relieving pressure on Cairo. EgyptAir, with 75 international
destinations, operates from Cairo International Airport. The biggest airports are
in Cairo, Alexandria, Hurghada and Sharm El-Sheikh. WorldData.com lists 17
important airports for the tourism industry.
ICT Development Index (IDI) ranking: 75.8 (2023) ITU.
Mobile subscriptions per 100 inhabitants: 93 (2023) World Bank.
Internet percentage of population: 73% (2023) World Bank.
Climate: Hot, dry summers with moderate winters. Rain mostly falls in winter. The
Nile River and Nile Delta host almost all of the population with parts of both the
Sahara Desert and the Libyan Desert being in Egypt.
Religion: Mostly Sunni Muslim, Christians include Coptic Orthodox Armenian
Apostolic and others.
Modern history: Egypt is a major player in the political dynamics of the Middle
East. When the ceasefire between Israel and Hamas was announced in October 2025,
the declaration was made in Cairo. A unified kingdom has existed in what is now
known as Egypt from around 3200BC. Alexander the Great once controlled the
area and it was part of the Roman, Byzantine and Ottoman empires before falling
under Britain in 1882. Independence was achieved in 1922, but Britain hung on
to some powers until the 1950s. Gamal Abdel Nasser led a military coup against
the monarchy and became president in 1956. The nationalisation of the Suez Canal
caused France, Israel and Britain to invade but the invasion was a flop because the
US did not support it. President Hosni Mubarak was forced to stand down in the
Arab Spring uprising of 2011 and Mohammed Morsi, an Islamist affiliated with the
Muslim Brotherhood, was elected president. In 2013 the army carried out a coup
and placed Abdul Fattah al-Sisi in charge. He won a third term as president in 2023.
PHOTO: Omar Elsharawy on Unsplash, Ahmed Aziz on Pexels

INTRODUCING
JOHANNESBURG - GABORONE
Starting 4 November 2025, South African Airways will operate a double daily service between Johannesburg and
Gaborone. This will provide travellers with more options and flexibility for travel between South Africa and Botswana.
THE DAILY SCHEDULE IS AS FOLLOWS:
- MORNING FLIGHT: Departing Johannesburg at 06:50, arriving in Gaborone at 07:45.
- RETURN FLIGHT: Departing Gaborone at 08:25, arriving in Johannesburg at 09:25.
- AFTERNOON FLIGHT: Departing Johannesburg at 16:25, arriving in Gaborone at 17:20.
- RETURN FLIGHT: Departing Gaborone at 18:00, arriving in Johannesburg at 19:00.
Whether travelling for business or leisure, enjoy smooth connections, friendly service, and ample baggage allowance,
and premium comfort with SAA.
Book now at www.flysaa.com or contact your nearest travel agent.
South African Airways - Connecting Africa to the World, One flight at a time.