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Ducab Group signs MoU with Somagec Group marking its entry in Angola – Business – Economy and Finance

by The Novum Times
2 November 2023
in Middle East
Reading Time: 3 mins read
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Ducab Group, one of the biggest end-to-end energy solutions providers and manufacturing firms in the United Arab Emirates, has signed a Memorandum of Understanding (MoU) with leading Moroccan engineering firm Somagec Group to develop power, transmission systems, and electrification in Angola.

The agreement was signed in the presence of Omar Abdulrahman Al Tunaiji, Acting Chargé d’Affaires of the Embassy of the United Arab Emirates in Rabat, Morocco; Charles Mellagui, CEO of Ducab Cables Business; Mauro Martins, Executive Director at Angola’s Rede Nacional de Transporte de Electricidade (RNT); Mehdi Tazi, General Vice-President of the General Confederation of Moroccan Enterprises (Confédération Générale des Entreprises Du Maroc, CGEM), representing the Moroccan Government; and Roger Sahyoun, CEO of Somagec Group, along with executives and officials from both parties. 

The MoU marks Ducab’s first supply into Angola, underlining the company’s commitment to continuously expanding its footprint and powering global progress. The Group already supplies its advanced, ‘Made in the UAE’ products to 15 countries in Africa, which means over a quarter (27%) of Ducab Group’s international activity is directed towards the African continent.

Under the terms of the new MoU, the group is constructing over 400km of 220kV transmission lines to assist in the electrification of Angola. Ducab Group is set to provide approximately 2,000 kilometres of overhead transmission lines, along with high, medium, and low voltage (HV/MV/LV) cables to the Angolan energy sector. The energy transmitted through these lines is generated at grid connected hydropower plants namely LAUCA, CAMBAMBE, GOVE and MATALA. The project is scheduled for completion within a span of two years, paving the way for enhanced electrical infrastructure and connectivity in Angola.

“As the UAE moves forward with its ambitious plans to advance the local industrial sector and boost its competitiveness on an international level, Ducab Group remains committed to playing its part in realising these objectives, expanding its global footprint, and providing quality and excellence to markets all around the world,” asserted Charles Mellagui, CEO of Ducab Cables Business. 

“We take pride in Ducab’s cables and solutions, all of which are ‘Made in the UAE’, which are currently supporting major industrial and infrastructure projects in 55 countries,” he added. “Our plans and efforts to expand operations align with the UAE’s National Strategy for Industry and Advanced Technology – ‘Operation 300bn’, which aims to raise the industrial sector’s contribution to GDP from AED133 billion to AED300 billion by 2031, advancing its regional and global position.”

“We are eager to contribute to Angola’s growth after signing this MoU with Somagec Group, supplying advanced energy and cabling solutions that meet the highest industry standards, and expanding our footprint in the African continent, which accounts for more than a quarter of our operations,” Mellagui concluded.

For his part, Roger Sahyoun, CEO of Somagec Group noted: “We are delighted to be signing this agreement with Ducab Group to collaborate towards supplying their market-leading products and solutions to Angola. The Group is a leader in the UAE energy solutions sector, producing advanced, top-quality products, which inspired our commitment to collaborating with Ducab, and playing our part in this effort to drive further development in Angola and Africa as a whole.”

Meanwhile, Mauro Martins, Executive Director at Angola’s Rede Nacional de Transporte de Electricidade (RNT), said: “The Matala-Jamba-Cassinga transmission line is a project of great importance for the Government of Angola, because it will bring energy to the iron mine of Cassinga, which is essential for the economic development of the country as a whole. The project will allow the mine to increase its production and revenue, which, in turn, will enable the government to grow its income as well by collecting taxes on it.”

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Tags: AngolaBusinessDucabEconomyentryFinanceGroupmarkingMoUsignsSomagec

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