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365 Days of Success: The Xylem Egypt Plant Celebrates its First Operational Year

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The Xylem

Xylem and the Tiba Manzalawi Group’s joint venture to manufacture pumps and HVAC systems in Egypt reaches a major milestone

CAIRO, Egypt, July 18, 2024/APO Group/ — 

The Xylem Egypt Plant, a joint venture between Xylem (www.Xylem.com) and the Tiba Manzalawi Group, has completed its first successful year of operation. Inaugurated in 2023 by Egypt’s Minister of Trade and Industry, Ahmed Samir, the international pump manufacturing site produces and assembles modern pumping equipment for Middle Eastern and African markets.

The Xylem Egypt Plant, located in 10th of Ramadan City outside Cairo, produces Split-Case Centrifugal pumps for various applications such as irrigation, HVAC, and commercial building services, and end-suction pumps for industry and irrigation. It’s a hub for manufacturing and assembling products from leading water brands such as Lowara, and Bell & Gossett.

While much of the factory’s output serves Egypt’s vibrant and growing market, it is growing to support the wider African and Middle Eastern markets. Xylem has been a part of the Egyptian story for over 50 years. In 2021, it opened a major office in the country to serve the region, followed two years later by opening the Xylem Egypt Plant.

Xylem is the first international company to produce state-of-the-art water pumps and related water technology equipment in Egypt—serving customers in irrigation, central heating and air conditioning, commercial building services, wastewater management, and numerous other applications in the industrial, manufacturing, and commercial sectors. The factory’s first phase covered 4,000 square metres with an annual production capacity of 2,000 to 4,000 water pumps, and plans to expand to 9,000 square metres.

The factory shows that Egypt is a self-sustaining economic and industrial hub, deepening local industry and building manufacturing independence

Xylem has been a key partner for numerous Egypt projects, including the Abu Rawash, Gerza, and Alexandria treatment plants, the South Valley (Toshka) Irrigation Project, and providing equipment and design services for the Ministerial District of the New Administrative Capital), and the New Alamein City Downtown & Towers water systems.

The new plant was conceived in a joint venture with the Tiba Manzalawi Group, the leading regional manufacturer and provider of HVAC systems. Together, they established a reliable pipeline of Xylem brands, including complete units and spare parts.

This factory is the first in Egypt to produce water pumps on behalf of an international brand. Targeting both Egyptian and export markets, Xylem Egypt Plant creates substantial savings for the region through buying in local currency and shorter delivery times, The Xylem Egypt Plant also bolsters employment and further catalyses Egypt’s rapid growth and progress.

“One year and counting —the journey has been nothing short of incredible. In just one year, we’ve achieved so much together, and we’re grateful to everyone who has been involved. As we celebrate this milestone, we’re more committed than ever to Egypt through Xylem’s high-impact culture, says Vincent Chirouze, Managing Director at Xylem Africa.

“When we established the Xylem Egypt Plant, we wanted to show that Egypt can manufacture world-class products for international brands. A year later, we’ve exceeded our expectations, building and delivering top pump and HVAC solutions for our customers across North Africa and the Middle East. The factory shows that Egypt is a self-sustaining economic and industrial hub, deepening local industry and building manufacturing independence that is true to the Egyptian State’s vision,’ says Shady El Manzalawi, Group CEO at Tiba Manzalawi Group.

Distributed by APO Group on behalf of Xylem.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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