A recent study by Ipsos has revealed that while the majority of Australians endorse the transition…
Month: August 2024
Jumia Narrows Losses to $19 Million Amidst Currency Challenges
Jumia, one of Africa’s leading e-commerce companies, has made significant strides in the second quarter of…
Mobius Motors, Affordable SUV Maker, Faces Liquidation
Mobius Motors, a Kenyan automaker known for its budget-friendly SUVs, has initiated voluntary liquidation after almost…
ArcelorMittal Finalizes Acquisition of 27.5% of Vallourec, Excludes Short-Term Takeover Bid
ArcelorMittal, the world’s second-largest steelmaker, has completed its acquisition of 27.5% of Vallourec’s capital for 955…
Aramco Q2 Profits Decline by 3% Amid Lower Oil Production and Refining Margins
The Saudi oil giant Aramco announced on Tuesday a net profit of $29.07 billion for the…
Angola: $1.4 Billion Loan from Afreximbank for Fertilizer Plant Construction
The joint venture Amufert is spearheading a project set to bolster industrialization, enhance food security, and…
Zambia Secures $13.2 Million Loan from AfDB for Water and Sanitation
The Board of Directors of the African Development Fund approved a loan of $13.2 million to…
Italian Company BF Launches $100 Million Agricultural Project in Ghana
In Ghana, the agricultural sector contributes 21% to the GDP and employs over 40% of the…
NREL Researchers Introduce BUILD’EM: The Future of Carbon-Negative Concrete
Outside the National Renewable Energy Laboratory’s (NREL) Research Support Facility, there are two intriguing brick pavers…
Tesla China’s EV Sales Surge 15% Year-Over-Year
Tesla China’s electric vehicle (EV) sales experienced a significant 15.3% increase in July 2024, reaching 74,117…
BMW’s “Zombie” Sales: i3 and i8 Continue to Sell Despite Discontinuation
In a rather curious turn of events, the BMW i3 and i8 continue to make an…
Egypt: MG Developments Partners with Infinity to Launch EV Charging Stations
MG Developments has entered into a partnership with Infinity, a prominent renewable energy company and electric…