The delegation, comprising Inner City Regeneration Programme Manager Lungelo Buthelezi and Nomalanga Sokhela from the Economic Development Directorate, engaged global shipyards, captains, manufacturers and investors.  

They were supported on the ground by Brian Ngiba, Managing Director of Ziziba Holdings, Navigo’s strategic local partner. 

A major highlight of the visit was the ceremonial handover of the Letter of Intent (LOI) between eThekwini Municipality and Navigo, custodians of the YARE programme and widely regarded as the global leader in superyacht destination development. 

The LOI, signed by eThekwini City Manager Musa Mbhele, was formally presented by Buthelezi to Navigo President Katia Balducci at a high-profile event attended by industry leaders and international media in Viareggio, Italy. 

Through this partnership, Navigo has confirmed its commitment to mobilise significant private-sector investment towards Durban’s superyacht infrastructure and refit capabilities, with projected investment estimated at over R1.9-billion. 

The delegation also extended formal invitations to over 100 superyacht captains and more than 100 global yacht manufacturers to attend the YARE Symposium to be held in Durban in November this year.  

Durban will become the first African city ever to host this globally recognised event. 

Sentiments from shipyards and captains have been positive, signalling strong confidence in Durban’s emerging value proposition and market potential. 

The anticipated economic impact of this partnership is significant. Projections indicate that more than 2,500 direct jobs could be created by 2030 across marine engineering, refit services, advanced manufacturing and tourism. 

Parallel to this, eThekwini and the Durban University of Technology are advancing plans for Africa’s first Professionalised Superyacht Academy, which will train young South Africans in high-demand skills such as welding, marine engineering and advanced composites fabrication. 

Throughout the visit, from 8 to 16 March, Durban’s delegation held strategic engagements with senior executives from leading shipyards.  

The City’s proposed superyacht precinct, located on a 24-hectare site within the Port of Durban, was presented as a compelling and competitive offering for future investment.

In terms of the TNPA Ship Repair Strategy, this site is specifically reserved for the refit market, which includes superyacht servicing and maintenance, a key selling point for international investors. 

Reflecting on the historic moment, Buthelezi said that presenting the signed LOI to Navigo’s leadership on behalf of the City Manager was an honour, adding that the ceremony signalled Durban’s readiness and unwavering commitment to establishing a world-class superyacht ecosystem. 

Navigo President Katia Balducci affirmed the organisation’s confidence in Durban, stating: “This partnership represents the beginning of a historic chapter for Africa’s participation in the global superyacht industry. Durban has the vision, the infrastructure and the commitment to succeed.”

The Municipality is now moving into the next phase of implementation. Preparations are underway to host the YARE Symposium in Durban this November, alongside detailed planning for the proposed superyacht precinct. 

Strengthening Durban’s ocean economy

Participation in international platforms such as YARE – Yachting Aftersales & Refit Experience forms part of eThekwini Municipality’s broader strategy to grow the city’s ocean economy and attract global investment into the maritime sector.

By building strategic relationships with industry leaders and investors, Durban aims to unlock new opportunities for marine manufacturing, tourism development, skills transfer and job creation.

As the global superyacht industry continues to expand, Durban’s engagement with YARE demonstrates the city’s commitment to strengthening its position as a competitive maritime destination and a future hub for superyacht services in the Southern Hemisphere.

Contact the team!

International superyacht builders, refit specialists and global marina developers should contact Invest Durban as soon as possible to discuss opportunities in Durban.

Below are ten reasons why the ELIDZ presents a compelling environment for industrial investment.

1. Plug-and-play industrial land

Investors at the ELIDZ gain access to fully serviced, development-ready industrial land, with bulk infrastructure already in place. This means no delays, no hidden capital expenditure, and no servicing risks when establishing operations, providing a ready platform for industrial development.

2. Strategic automotive port access

The ELIDZ is located close to a dedicated automotive port. With automotive berth access, lower congestion, and faster turnaround times, manufacturers benefit from more efficient logistics and export movement. Location continues to play a critical role in industrial competitiveness.

3. A deep automotive skills base

East London is home to one of South Africa’s most mature automotive labour pools. Decades of OEM manufacturing expertise, combined with an MBSA-trained workforce and a strong pipeline from WSU and TVET institutions, contribute to a skilled and experienced workforce, supporting the continued growth of automotive manufacturing.

4. An established supplier network

The ELIDZ operates within a ready-made ecosystem of component manufacturers, logistics providers, and service companies. This established network helps reduce operational risk, retraining costs, and supply chain realignment for manufacturers, strengthening the industrial value chain.

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5. Strong government coalition

Investment within the ELIDZ is supported by collaboration between ELIDZ, DEDEAT, Buffalo City Metro, the Provincial Treasury, Transnet Port, and the DTI. This coalition works to unlock incentives, accelerate approvals, and de-risk investment, creating a coordinated approach to industrial development.

6. Green energy and smart manufacturing

The ELIDZ supports reduced energy costs and carbon footprint reduction, while enabling smart factory readiness, EV innovation, and green logistics solutions. This positions manufacturers for a more sustainable future.

7. A proven automotive zone

The ELIDZ has built a 20-year track record hosting Mercedes-Benz Tier 1 and Tier 2 suppliers, supporting export-focused manufacturing. This experience contributes to the Zone’s global credibility in automotive production.

8. Supporting localisation

Through the ELIDZ Manufacturing Incubator, enterprise development programmes support opportunities linked to the Geely value chain. Structured incubation programmes help strengthen local participation within the manufacturing sector.

9. Improving project economics

The ELIDZ provides access to a structured package of automotive and SEZ incentives designed to support investment, localisation, and export competitiveness. These incentives help strengthen the business case for industrial investment.

10. A de-risked investment environment

The ELIDZ provides investors with a proven industrial platform and a mature operating environment. This helps reduce ramp-up complexity and lowers transition risk when establishing operations, offering a practical pathway for industrial investment.

Connect with the ELIDZ team to explore available opportunities and join a growing manufacturing ecosystem. Visit www.elidz.co.za or contact 043 702 8200 to learn more about investment opportunities.

Here are 10 more compelling reasons to establish your business in the East London IDZ!

Recognized as one of the most important international platforms dedicated to the superyacht refit and aftersales sector, the event connects shipyards, captains, yacht managers and marine service providers through structured networking meetings, technical discussions and industry forums focused on innovation, sustainability and the future of yacht servicing.

Building on Durban’s strong presence in 2025

Durban’s presence at the 2026 event builds on the momentum established during YARE – Yachting Aftersales & Refit Experience 2025, where Invest Durban played a highly visible role in promoting the city as a strategic superyacht destination.

During the 2025 event, Invest Durban sponsored the prestigious Gala Dinner, one of the key networking highlights of the programme, bringing together superyacht captains, shipyards and global industry leaders. The sponsorship provided a unique opportunity to position Durban within high-level industry discussions and to showcase the city’s potential as a marine services hub.

In addition to the sponsorship, Invest Durban’s brand presence was prominently displayed through event banners and promotional material, significantly enhancing the city’s visibility among international participants attending the event from across the global yachting industry.

Advancing international investment partnerships

A key outcome of the 2025 engagement was the signing of a mutual Letter of Intent (LOI) aimed at fostering cooperation and promoting foreign direct investment opportunities into Durban’s marine sector.

The agreement focuses on attracting investment from international superyacht builders, refit specialists and global marina developers, supporting Durban’s ambitions to expand its maritime infrastructure and strengthen its role within the international superyacht ecosystem.

For Durban, this partnership represents an important step toward developing world-class facilities that can support visiting superyachts through refit, repair and maintenance services while also creating opportunities for marina development and associated tourism infrastructure.

Positioning Durban within the global refit market

The superyacht refit sector continues to experience strong global growth, representing a significant portion of industry activity and offering opportunities for cities with the right infrastructure, technical skills and strategic location.

Durban’s geographic position along key Indian Ocean cruising routes, combined with the capabilities of the Port of Durban, provides a strong foundation for developing a competitive superyacht servicing ecosystem in the Southern Hemisphere.

Through participation in YARE – Yachting Aftersales & Refit Experience 2026, the Invest Durban delegation is actively engaging with global industry leaders to:

• Promote Durban as an emerging superyacht refit and maintenance destination
• Strengthen partnerships with international shipyards and marine service providers
• Encourage foreign direct investment in marina infrastructure and marine manufacturing
• Position Durban as a gateway to the African and Indian Ocean yachting markets

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Strengthening Durban’s ocean economy

Participation in international platforms such as YARE – Yachting Aftersales & Refit Experience forms part of eThekwini Municipality’s broader strategy to grow the city’s ocean economy and attract global investment into the maritime sector.

By building strategic relationships with industry leaders and investors, Durban aims to unlock new opportunities for marine manufacturing, tourism development, skills transfer and job creation.

As the global superyacht industry continues to expand, Durban’s engagement with YARE demonstrates the city’s commitment to strengthening its position as a competitive maritime destination and a future hub for superyacht services in the Southern Hemisphere.

Contact the team!

International superyacht builders, refit specialists and global marina developers should contact Invest Durban as soon as possible to discuss opportunities in Durban.

Recognised as Africa’s premier energy event, the Africa Energy Indaba once again served as a strategic platform for high-level dialogue, investment engagement and practical solutions aimed at advancing Africa’s energy future.

A highlight of the 2026 Indaba was the Presidential Keynote Address delivered by H.E. President Cyril Ramaphosa, underscoring the importance of energy security, infrastructure development and regional cooperation in unlocking Africa’s economic potential. 

Addressing delegates from across the global energy ecosystem, President Ramaphosa emphasised that Africa’s abundant natural resources — including solar, wind, hydropower, gas and critical minerals — position the continent to become a competitive energy producer while meeting its development needs. 

The President also highlighted that more than 600 million Africans still lack access to electricity, reinforcing the urgency of accelerating investment in energy infrastructure and innovation across the continent. 

Major announcements and strategic developments

The 2026 Africa Energy Indaba delivered several important announcements and partnerships that underscore the event’s role as a catalyst for energy investment and collaboration.

Mission 300 commitment expanded

As part of Mission 300 Day during the Indaba, The Rockefeller Foundation announced an additional US$10 million in support of Mission 300, the ambitious initiative led by the World Bank Group and the African Development Bank aimed at connecting 300 million Africans to electricity by 2030.

The announcement reinforced the growing momentum behind Mission 300 and highlighted the importance of global partnerships in addressing Africa’s energy access gap.

Nuclear Energy Cooperation Agreement

During the Nuclear Forum, South Africa’s Nuclear Energy Corporation (Necsa) and Russia’s Rosatom signed a Memorandum of Understanding (MoU) to strengthen cooperation in nuclear skills development, training and research.

The partnership supports South Africa’s nuclear expansion ambitions and focuses on developing the next generation of nuclear professionals, promoting women’s participation in the sector and advancing collaborative research programmes.

Global Nuclear Capacity Commitment

A further milestone of the Nuclear Forum was the signing of the Declaration to Triple Global Nuclear Capacity by 2050, in collaboration with the World Nuclear Association. The declaration reflects growing international recognition of nuclear power as a critical component of global energy security and decarbonisation strategies.

Advancing continental infrastructure and investment

A key highlight of the Indaba was the Ministerial Roundtable on the Africa Ten-Year Infrastructure Investment Plan for Cross-Border Interconnectivity (TYIIP).

The roundtable focused on accelerating priority transmission and power infrastructure projects across the continent, strengthening project preparation mechanisms, improving cross-border coordination and mobilising both public and private investment to enable regional energy integration.

Energy leaders emphasised that cross-border interconnectivity and regional power pools will be essential to delivering reliable and affordable electricity across Africa.

South African energy investment opportunities

The Indaba also hosted the South African Investment Forum, hosted by the Department of Electricity and Energy, which profiled a range of investment opportunities in South Africa’s evolving energy sector.

The forum provided investors with insights into new projects across renewable energy, transmission infrastructure, gas-to-power developments, nuclear energy expansion and emerging technologies.

A Platform for strategic energy dialogue

The Africa Energy Indaba 2026 brought together energy stakeholders to explore pathways for:

• Strengthening energy security and resilience across Africa
• Accelerating energy investment and project development
• Advancing regional power integration and cross-border infrastructure
• Supporting Africa’s just and inclusive energy transition
• Unlocking the potential of gas-to-power, renewables, storage and grid expansion

Government leaders, development finance institutions, utilities, private sector companies and technology innovators participated in a series of high-level discussions, ministerial roundtables and industry forums.

Key outcomes and strategic discussions

Among the key themes and outcomes emerging from the 2026 Indaba were:

Energy investment acceleration

Delegates emphasised the need to significantly increase investment in generation, transmission and distribution infrastructure to meet Africa’s rapidly growing energy demand.

Regional integration and infrastructure development

Ministers and industry leaders highlighted the importance of strengthening regional power pools and cross-border interconnectors to improve reliability and unlock continental energy markets.

Energy transition aligned with industrial growth

A central message from the conference was that Africa’s energy transition must support industrialisation, job creation and economic development while advancing sustainability goals. 

Strategic role of Natural Gas

The Africa Gas Forum reinforced the role of natural gas as a transition fuel capable of supporting electricity generation, industrial growth and energy stability across the continent.

Public–Private Partnerships

Strong emphasis was placed on collaboration between governments, investors and development partners to accelerate project implementation and mobilise large-scale energy financing.

Africa’s Energy Future

The Africa Energy Indaba continues to play a critical role in shaping the continent’s energy policy landscape and investment pipeline.

By convening key decision-makers and global stakeholders, the Indaba provides a platform where energy deals begin, partnerships are formed and practical solutions are developed to address Africa’s most pressing energy challenges.

As Africa’s energy demand grows and the global energy transition accelerates, the Africa Energy Indaba remains committed to driving dialogue, collaboration and investment that will power the continent’s future.

This reputation for hosting world-class gatherings was further solidified last week at the Sandton Convention Centre during Meetings Africa 2026. As the 20th anniversary of the event, it demonstrated Gauteng’s unmatched ability to facilitate thousands of confirmed business meetings, directly linking African products to global buyers and generating significant economic impact.

To that effect, Gauteng recently attracted R27-billion in Foreign Direct Investment from key global markets like the UK and the United States. Gauteng is clearly gaining momentum, with the inaugural Gauteng Investment Conference (2025) securing R312-billion in commitments, while the province claimed the lion’s share of last year’s Presidential Investment Conference, with over R180-billion in pledges.

Global industry leaders are moving beyond talk and are physically expanding their operations in Gauteng. Microsoft is currently investing R5.4-billion into local data centre infrastructure, while Heineken Global has committed R1.9-billion to its operations in Midvaal. The automotive sector is also seeing a boost with Chery International establishing local manufacturing, and the creative economy is set for a massive leap with the R4-billion Cradle Film Studios project which is destined to be the largest production facility in Africa.

What keeps Gauteng ahead of the curve is its connectivity. International arrivals hit 3.8-million this year, supported by new strategic air routes linking the province directly to North America and Australasia. With major infrastructure projects like the Gautrain expansion and a R50-billion dry port on the horizon, the province is effectively streamlining the region’s logistics.

Gauteng it the premier meetings destination in Africa while serving as a powerful catalyst for global opportunity. The 2026 Gauteng Investment Conference (GIC 2026) will provide another opportunity to turn conversations into investment.

Investing in Gauteng

Find out more about the economic and investment environment of Gauteng Province and explore projects in progress, insights and investment opportunities in the region.

Cornubia is planned to be a mixed-use, mixed-income development, incorporating industrial, commercial/retail, social to middle income residential and open space uses to be implemented over a 20–30-year period. This includes transit orientated development to promote live, work and play principles.

Current progress

• First 2,666 residential units in Housing Phase 1a and 1b delivered and occupied.​
• Housing is currently busy with the civils and top structure contracts for the phase 2A & B housing
• Cornubia Retail Park with Cornubia Shopping Mall, MMI offices and filling station operational.
• N2 Business Estate with a Makro and warehouses operational.
• CIBE (Cornubia Industrial and Business Estate) is largely complete, with businesses operational.​
• Fundamentum have come in as the new developer for CTC (Cornubia Business Park Precinct) – Planning stage
• Tenders out for key link portions of Cornubia Boulevard.

Next steps

Construction of the Cornubia Boulevard Roadworks (C9 WP6A – Ph1):

• • Procurement – Q4 2025
  • Implementation Start – Q1 2026
  • Implementation Complete – Q1 2028

Upgrade of Blackburn to Phoenix 1 Pipeline:

• • Procurement – Q4 2025
  • Implementation Start – Q1 2026
  • Implementation Complete – Q1 2028

Funding application with BFI:

• • Feasibility Study by DBSA – Q1 & Q2- 2026
  • Completion of CBA by CRI – Q3 -2026
  • BFI application – Q4 – 2026

Project info

• Investor: Tongaat Hulett Properties
• Investment value: R50-billion
• City contribution: TBC
• Construction period: 2010 – 2040

Contact

Potential investors seeking more information about upcoming opportunities in this development are encouraged to contact the project promotors:

Kings Estate is a 623ha mixed use industrial/commercial and residential development, with 322ha being located within eThekwini Municipality and the remaining 298ha within KwaDukuza Municipality in KwaZulu-Natal, South Africa.

Current progress

• SPLUMA approvals secured in both eThekwini & KwaDukuza Municipalities
• Environmental Authorisation finalised, including approved amendments
• Construction commenced (access infrastructure completed) 2020
• Bulk sewer interim solution agreed, pending Tongaat WWTW upgrade (2026)
• Phases 2D & 2E progressing within approved phasing framework
• Residential components gaining strongest
• Recognised as a Provincial Catalytic Project

Next steps

• Engagements underway with the new pension fund ownership entity for Phases 2D & 2E
• Phasing adjustments to align with available bulk services and investment priorities
• Rezoning and Land Use Scheme alignment progressing to meet SPLUMA conditions
• Finalisation of bulk water supply design from Burbreeze Reservoir in progress
• Current focus: securing approval for the proposed pipeline alignment

Project info

• Investor: KDC Projects and Developments
• Investment Value: R18-billion (all 11 phases)
• City Contribution: TBC
• Construction Period: TBC

Contact Kings Estate

Investment opportunities in Durban

Invest Durban act as a partnership between the Metro City Council and the private business sector, offering a free investor advisory service, plus key promotion, facilitation, aftercare services between all investment stakeholders.

24 – 25 November 2026
Durban, South Africa

The event focuses on enhancing performance, interconnectivity, and resilience across Africa’s port and rail systems, spotlighting critical areas such as modernisation, integration, and sustainable development.

The event will spotlight critical areas such as: 

• Port and rail infrastructure upgrades and investment opportunities
• Seamless intermodal connectivity and corridor development
• Green transport solutions and climate-resilient infrastructure
• The role of digitalization, AI, and data-driven technologies
• Cargo handling efficiency and automation at terminals
• Public-private partnerships in infrastructure development
• Safety, security, and compliance in port and rail operations
• Mining and energy logistics solutions

Dube TradePort is a designated SEZ, strategically located adjacent to the King Shaka International Airport in Durban, South Africa.

Spanning 2,840 hectares, it is the only facility in Africa that integrates an international airport with a dedicated cargo terminal, warehousing and logistics platforms, commercial offices, retail developments, and high-tech agricultural zones all within a single, secure precinct.

Current progress

• Trade Zone 1: Fully operational + 50 investors
• Trade Zone 2: Serviced and operational
• Trade Zone 3: EIA approved; engineering report to support SPLUMA (Spatial Planning and Land Use Management Act) submission
• Agri Zone 1: Fully Operational 
• Agri Zone 2: Development ready
• Support Zone 1: Development ready
• Support Zone 2: SPLUMA underway

Project info

• Investor: Dube TradePort Corporation (DTPC) (executing entity)
• Investment Value: R13-billion (to date)
• Construction Period: 2008 – 2068

Contact Dube TradePort

The expansion significantly increases production capacity and strengthens BASF’s ability to supply high-quality dispersions used in the architectural coatings, construction, and paper industries across East, West, and Southern Africa.

This investment is aimed at supporting the growth of regional customers by improving supply reliability and enabling faster responses to market demand.

As the only multinational-owned dispersions production plant in South Africa, the Durban facility remains a critical hub in BASF’s global Europe, Middle East and Africa network.
It is also BASF’s only greenfield investment on the African continent since 2012.

To support the increased production capacity, BASF has established a modern on-site application laboratory. The facility will serve as a centre for technical excellence, enabling closer collaboration with customers and providing enhanced support for the development of locally relevant product formulations.

eThekwini Mayor Cyril Xaba welcomed another major investment in the south of Durban following the expansion of the Badische Anilin- und Soda-Fabrik (BASF) factory.

Mayor Xaba welcomed the company’s investment, noting that it will create additional job opportunities for local communities. He said the investment is a clear indication that eThekwini is on an upward trajectory and that business confidence in the City continues to grow. The Mayor also reaffirmed the Municipality’s commitment to working closely with the business sector to ensure reliable and uninterrupted Municipal services that support investment and economic growth.

Mayor Xaba highlighted the broader economic benefits of the investment.

“This expansion represents a significant boost to the local economy. It supports business growth, strengthens the manufacturing sector, and contributes to job creation. Investments of this nature also have a ripple effect across the value chain, as companies that supply raw materials and services benefit from the growth of industrial activity,” said Mayor Xaba.

Jörg Niebergall, Senior Vice President for Dispersions Europe at BASF, said the investment reflects the company’s long-term commitment to the region. “Our investment in Durban demonstrates BASF’s continued commitment to the dynamic African market. Alongside recent expansions in Türkiye and modernisation projects in Germany, this investment strengthens our position as a leading supplier across the Europe, Middle East and Africa region and enhances our ability to support customer innovation.”

The upgrade includes advanced production technology, including the installation of a new reactor that will improve efficiency, increase capacity, and maintain high product quality.
“This expansion will enhance supply reliability and ensure that we continue to deliver excellent product quality to our customers,” said Ruveshen Reddy, Durban Site Manager.
As BASF celebrates six decades of operations in South Africa, the company continues to combine economic growth with social responsibility.

This investment reinforces BASF’s commitment to supporting industrial development and strengthening partnerships that contribute to long-term economic growth in the region.

Invest in Durban

Invest Durban act as a partnership between the Metro City Council and the private business sector, offering a free investor advisory service, plus key promotion, facilitation, aftercare services between all investment stakeholders.

Contact the team to discuss your business or investment objectives: