DUBAI, United Arab Emirates, August 28, 2026/APO Group/ –The consortium comprising Nareva, Kanadevia Inova and Itochu Corporation, through its 33.5-year concession agreement with the Municipality of Casablanca, has entrusted BUTEC (www.BUTEC.com) with a major Engineering, Procurement and Construction (EPC) contract for Casablanca’s landmark Waste-to-Energy (WtE) project, leveraging BUTEC’s multidisciplinary engineering and contracting capabilities for one of Morocco’s most significant waste management and energy recovery developments.

For the delivery of this landmark project, BUTEC has joined forces with the Switzerland-based Kanadevia Inova, a global leader in Waste-to-Energy and renewable gas solutions.

Located northwest of the Mediouna landfill in the Casablanca-Settat region of the Kingdom of Morocco, this ultra-large waste incineration facility will process approximately 1.5 million tonnes of non-recyclable waste annually, significantly reducing reliance on landfill.

By diverting the waste from landfill and converting it into energy, this plant is expected to prevent up to 1.0 tonne of CO₂-equivalent emissions per tonne of waste while generating 126 MWe of baseload electricity.

Serving a population of more than 4.2 million people across Greater Casablanca, this project represents a significant step in the region’s transition towards a more sustainable and circular approach to waste management, while supporting Morocco’s broader energy transition and long-term decarbonization ambitions.

BUTEC’s Scope of Work:

While Kanadevia Inova is responsible for the technology and the process part of the EPC works, as well as operations support, long-term maintenance, and financing of the facility, BUTEC will be responsible for civil works for the whole facility and for the engineering, procurement, and construction (EPC) of Non-Process buildings, facilities, and associated works, including all civil, structural, architectural, mechanical, electrical and plumbing (MEP) works, as well as the external infrastructure works required for the Project.

Commenting on the significance of the award, Raymond Daou (SVP Strategy & Business Development) stated:

“Building on our affiliates’ long-standing presence in Morocco, where BUTEC has established itself as one of the country’s leading players in Electromechanical Solutions, the Group is reinforcing, through this landmark contract, its contribution to the Kingdom’s sustainable development ambitions.

Furthermore, with three consecutive large-scale Waste-to-Energy projects across the geographies in which it operates, BUTEC is establishing itself as the generalist EPC contractor of choice in this strategic sector. This latest award confirms once again our ability to combine multidisciplinary engineering expertise, strong local execution capabilities and close cooperation with world-leading process technology partners to deliver complex energy and environmental facilities.”

WASHINGTON D.C., United States of America, August 28, 2026/APO Group/ —

• Asantehene presented a royal vision for Africa’s economic renaissance
• Day 1 proceeded under the theme – The Vision Day: Unlocking Africa’s Century, A Diaspora Mandate”
• Fireside chat with Boris Kodjoe on The Diaspora Return

The Africa Business Investment Summit 2026 opened this morning at the MGM National Harbor, in Washington D.C. Metro, with a royal keynote by the Summit’s Patron, His Majesty Otumfuo Osei Tutu II, Asantehene, as the Millennium Excellence Week hosts its first event outside of Ghana.

The opening ceremony, themed “The Asante Crown Meets the Diaspora,” convened more than 400 registered delegates, including senior government officials, C-suite executives, and US-based institutional investors. They were drawn together under a single mandate: to facilitate $500 million in structured capital commitments between African deal originators and US institutional capital during the two-day summit.

Delivering his keynote address, His Majesty articulated a vision of African economic sovereignty where the diaspora serves as architects of continental development. Speaking with characteristic authority, His Majesty called on African governments, diaspora communities, and international institutional partners to align capital, policy frameworks, and political will behind a shared agenda for the continent’s economic future.

In his address, His Majesty Otumfuo Osei Tutu II, Asantehene said: “For too long, Africa has been described mainly in terms of its deficiencies. We have heard of the roads not built, the electricity not generated, the jobs not created, the capital not available, and the institutions not strong enough,”

Speaking further he noted that “Africa must no longer be regarded merely as a continent of future potential. Africa is already becoming a central part of the future global economy, and those who understand this early will position themselves advantageously.”

Honorable Sampson Ahi, Deputy Minister for Trade, Agribusiness, and Industry, who represented the President of the Republic of Ghana, detailed macroeconomic indicators signalling domestic economic recovery and industrial policy priorities: “ Our ambition is transformation. We want an economy that moves beyond exporting raw materials to manufacturing finished products, creating value, jobs, and shared prosperity. We want capital that drives productivity, entrepreneurship, and innovation. This is the philosophy behind the twenty-four-hour economy program, which is a commitment stimulating round-the-clock production, improving productivity, and developing a competitive and export-oriented economy.”

The first day of the summit concluded under the theme “The Vision Day: Unlocking Africa’s Century, A Diaspora Mandate”, exploring through a series of plenary sessions the most pressing deal themes in US–Africa investment today.

Programme spotlights included: The Diaspora Return, a fireside chat with Boris Kodjoe, Beyond Remittances: Building Africa’s Sixth Region, diaspora capital beyond transfers, The New Gold Rush: Africa’s Seat at America’s Critical Minerals Table,  Ghana’s Gold Moment: From the Gold Coast to Global Market Power, The Diaspora Dollar: Fintech and the Next Remittance Corridor and Powering the Continent: Energy, Infrastructure and the US–Africa Partnership

The second and final day of the event will continue to explore investment opportunities across the continent through sector spotlights on the Creative Economy, Health & Pharma, Technology, and Digital Financial Services.

Following these plenaries, the event will conclude with bilateral investment meetings that will translate the vision outlined in the plenary hall into concrete investment decisions.

Review Day 1 Plenary Sessions: https://apo-opa.co/4cPkRRP

Watch Day 2 Live Stream: https://apo-opa.co/4gYIxFP

• Day 2 to explore investment opportunities and conclude with bilateral investment meetings

With Eskom’s 2026/27 tariff increase and continued reforms to the electricity market, businesses are increasingly looking beyond traditional electricity supply to wheeling, renewable PPAs, onsite generation, battery storage, energy efficiency and demand management.

The key question is no longer simply “How do we keep the lights on?” but “How do we secure reliable power while controlling costs and remaining competitive?”

That question will take centre stage at the C&I Energy + Storage Summit, taking place 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

From energy security to business competitiveness

Under the theme “Business continuity through power security,” the summit will bring together commercial and industrial energy users, project developers, investors, financiers, utilities and policymakers to address the practical challenges shaping South Africa’s energy future.

The programme will examine the threats and opportunities facing South Africa’s industrial sector, including rising energy costs, electricity-market reform, decarbonisation and infrastructure constraints.

A key focus will be the growing commercial case for battery storage. The “Energy Storage Beyond Backup Power” session will explore how businesses can use storage for energy arbitrage, peak shaving, demand management, renewable-energy firming and improved power quality – moving batteries from a backup solution to a potential strategic investment.

Practical solutions for South African businesses

The summit will also look beyond new generation, exploring how businesses can reduce energy costs through energy efficiency, operational optimisation, demand response and digital energy management.

For heavy industry, a dedicated session will examine how mining, manufacturing, cement and metals companies can integrate solar, wind and hybrid energy systems while maintaining reliable operations and competitiveness.

The programme will also address one of the biggest challenges facing new energy projects: infrastructure and collaboration between businesses, municipalities and utilities. Discussions will cover shared infrastructure, wheeling agreements, network constraints and how businesses can engage more effectively with public-sector stakeholders.

The conversation has moved beyond keeping the lights on

South Africa’s energy transition is becoming a business strategy. With electricity-market reform, renewable procurement, wheeling and storage creating new opportunities, businesses need to understand not only where their power will come from, but how they can use energy strategically to reduce costs, manage risk and remain competitive.

“The energy transition is about more than adding megawatts; it is about building reliable, responsible energy systems that strengthen competitiveness and resilience,” said Grace Olukune, Head of Engineering at Eskom Green. “Businesses need solutions that combine renewable power, storage, efficiency and partnerships, while ensuring today’s infrastructure does not become tomorrow’s environmental challenge.”

The C&I Energy + Storage Summit 2026 is supported by a growing group of partners committed to advancing South Africa’s energy transition, including NOA Group as Gold Sponsor, Huawei as EIUG Gold Sponsor, Lyra Energy as EIUG Silver Sponsor, and Webber Wentzel, in alliance with Linklaters, as Bronze Water Security Africa Sponsor.

The C&I Energy + Storage Summit 2026 will bring those decision-makers together in Johannesburg to tackle these questions and explore what comes next for South Africa’s commercial and industrial energy market.

28–29 October 2026 | The Maslow Hotel, Sandton, Johannesburg