Global law firm Baker McKenzie has launched its Lithium FIRE Report, outlining the global foreign investment framework in key lithium jurisdictions around the world. The report sets out an overview and analysis of recent foreign investment…
The Ghana Union of Traders Association (GUTA) has strongly opposed the proposed implementation of Value Added Tax (VAT) on electricity charges and the imposition of an Emissions Levy.
GUTA believes that the introduction …
Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced today that it has begun exports of the all-new Xforce compact SUV manufactured at PT Mitsubishi Motors Krama Yudha Indonesia (hereafter, MMKI), Mitsubishi Motors' facto…
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading instrumental infrastructure solutions provider, has announced several strategic partnerships on the sidelines of the recently concluded 2024 Mining Indaba confere…
Manegers of an electric bike manufacturing firm has appealed to the government to reduce taxes on imported raw materials and semi-finished parts to enable them to assemble bikes locally.
Co-founder and Chief Executive Officer of the c…
The Jospong Group of Companies, Ghana’s leading multi-industry conglomerate, has concluded a new partnership with VinFast Auto, a Vietnamese electric vehicle pioneer.
The agreement will enable the Jospong Group to distribute a foray of…
If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered by jet fuel would be grounded. Freight …
Building on the resounding success of its flagship event Unstoppable Africa in 2022 and 2023, the Global Africa Business Initiative (GABI) (https://GABI.UNGlobalCompact.org/) is pleased to announce its plan to convene leaders from bu…
President Joe Biden has been urged to ban imports of Chinese-made electric cars to the US.
The chair of the Senate Banking Committee, Senator Sherrod Brown, wrote "Chinese electric vehicles are an existential threat to the American auto…
According to data from the International Energy Agency (IEA), the global implementation of energy storage devices at central power plants and within minigrids and off-grid sources in the housing sector increased more than fourfold in the…
Achieves No. 1 spot with a record 26% market share in Middle East & Africa, led by strong performance in Algeria with the FIAT Professional brand; Confirms market leadership in Europe 30 and South America; North America plays a key r…
Leapmotor International, a 51/49 Stellantis-led company between Stellantis (https://www.Stellantis.com/en) and Leapmotor, is dedicated to redefining electric vehicles through cutting- edge technology and innovation and boasting compr…
PEUGEOT (www.PEUGEOT.com), a major player in technological innovation, electrifies VivaTech with its bold concept car INCEPTION, ushering in a new era of electric mobility. On its stand, PEUGEOT presents its vision of the future embo…
The 2024 Jeep® Wagoneer S (www.Jeep.com), the brand’s first global battery-electric vehicle (BEV), which will launch initially in the U.S. and Canada, delivers 4xe capability, impressive performance credentials, a sleek aerodynamic d…
European countries lead the World Economic Forum Energy Transition Index 2024 rankings; Sweden comes top, followed by Denmark, Finland, Switzerland and France.
Emerging economies such as Brazil and China make notable progress, altho…
A few days ahead of road tests, the development of Junior VELOCE – a version equipped with specific “made by and for” Alfa Romeo solutions (www.AlfaRomeo.com/) – is coming to an end; The dynamic development has been worked on by th…
Vice President Mahamudu Bawumia and the Flagbearer of the New Patriotic Party, says the Government will launch the 'Tap n Go' system for commercial taxi drivers in the country on August 12, this year. This is to enable commercial taxi driv…
Global trade “is not having the best of times at the moment”.
That is the admission of the director general of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala. “We are seeing increasing protectionism, some undermining of th…
Kiira Motors Incorporated, a Ugandan manufacturer of electric buses and coaches, has revved up as the official transport partner for Season 2 of the Africa Monologue
Challenge (AMC), in Uganda from July 26th to August 30th, 2024.
Durin…
Stakeholders in the transport and energy sectors are urging the government to prioritise training skilled labour to manage electric vehicles (EVs) in the country.
They believe that this will facilitate a successful transition from f…
As sponsors of AFSIC this year, Zambia Development Agency is proud to present a number of investment opportunities in the AFSIC Deal Book, which we invite all investors to peruse. Zambia Development Agency looks forward to the opportunity …
The government needs to allocate a greater share of new loans towards productive and self-sustaining capital expenditures in order to enhance revenue generation for the timely repayment of the nation’s debt, Deloitte Ghana has stated.
…
The Department of Hospitality and Tourism Management (HTM) at Tamale Technical University (TaTU) has held its 16th annual exhibition and practical project showcase.
The event, held over the weekend on the theme, ‘Greening the Future:…
UrbanPlug Africa, a leading renewable energy company, has unveiled innovative portable power stations designed for electric vehicles (EVs) that can also provide power to homes.
In an interview on the Citi Breakfast S…
The Democratic Republic of the Congo (DRC) and Zambia – among the world’s top mineral producers – are currently spearheading the implementation of a Transboundary Battery and Electric Vehicle (EV) Special Economic Zone (SEZ) (https…
Earlier this year, market research firm Benchmark Mineral Intelligence forecast (https://apo-opa.co/3z0nVKo) Africa’s lithium production to triple year-on-year in 2024, increasing the continent’s share of global output from 4% to o…
Mr Osei Kyei-Mensah-Bonsu, the New Patriotic Party Member of Parliament for Suame, says the delay in the passage of Ghana's lithium agreement will have potential consequences as global demands surge.
Mr Kyei-Mensah-Bonsu emphasised the …
Dubai based supercap energy storage manufacturer Enercap Holdings and Abu Dhabi based Apex Investments PSC, have formed a joint-venture to build 16GWh per year manufacturing capacity of supercap energy storage, a cutting-edge technology wi…
The bilateral trade volume between China and Ghana in the first half of 2024 reached nearly $ 6 billion, an increase of 13.3 per cent the previous year.
In 2023, the trade volume exceeded $11 billion, an increase of 10.4 per cent year-o…
Often called “white gold” and the key component in rechargeable batteries, the metal lithium is so light that it floats on water, but its price has sunk like a stone over the past year.
Due to a combination of falling sales of electri…
The Ghana Manganese Company (GMC) will soon begin the construction of a phased value addition refinery project with focus on transforming the low grade ore carbonate manganese to a high valued product.
The move is to enhance marketabili…
Atlantic Lithium has obtained key regulatory approval from Ghana’s Minerals Commission for its Ewoyaa Lithium Project, marking a significant advancement as the company transitions towards the construct…
Stellenbosch-based electric vehicle (EV) company MellowVans has partnered with Itemate Solutions to launch a new mobile store solution for African telcos.
Neil du Preez, CEO at MellowVans, the first South African automotive Original Equ…
Stellantis Middle East & Africa (MEA) (www.Stellantis.com) is endorsing “La Croisière Verte”, a remarkable 14,000-kilometer journey across Africa in four fully-electric Citroën AMIs, organized by entrepreneur and former rally drive…
The Critical Minerals Africa (CMA) 2024 Summit kicked-off today in Cape Town with presentations on the state of play of the African market presented by market research firms Project Blue and Rystad Energy as well as investment orga…
Ghana has outdoored a roadmap to turn it's climate vulnerabilities into strengths for economic resilience.
The roadmap, called the Climate Prosperity Plan (CPP), includes initiatives such as expansion of renewable energy and sustainable…
The Minerals Income and Investment Fund (MIIF) has disclosed that it is currently in discussions with Newmont’s Akyem Gold Mine and its partner, China’s Zijin Mining Group, about acquiring a stake in the operation.
T…
Transport experts and policymakers from Asia and the Pacific have called for more regional cooperation and the formulation of national and regional policies to promote the more sustainable movement of people and goods.
During the Commi…
SAS-sponsored research by Economist Impact suggests global politics and innovation will influence the insurance sector’s fate.
Technological innovation driven by customer centricity could pave the way to greater climate resilience and m…
NaaS Q3 Financial Results: Pioneering Profitability in the EV Era
China’s new energy vehicle (NEV) market is hitting its stride this year. Since July, monthly retail sales of NEV passenger cars have consistently outpaced gasoline cars, …
$15 billion in deals already originated
Private capital in Africa will be more attractive than other emerging markets in five years’ time
Africa has the lowest infrastructure default rates in the world—Moody’s Analytics
…
Collaboration aims to develop a significantly lighter battery pack with the same usable energy, enabling greater range, improved handling and enhanced performance
Technology has the potential to improve fast-charging speed by …
Honda and Nissan plan to merge as the two Japanese firms seek to fight back against competition from the Chinese car industry.
Joining forces would create one of the world's biggest car producers alongside Toyota, Volkswagen, General …
Chinese car maker BYD saw its sales jump at the end of last year, as it competes with Tesla to be the world's best-selling electric vehicle (EV) maker of 2024.
The company says it sold 207,734 EVs in December, taking its annual total …
Inflation, interest rates and tariffs mean 2025 is shaping up to be an intriguing year for the global economy. One in which growth is expected to remain at a "stable yet underwhelming" 3.2%, according to the International Monetary Fund. …
The UK's largest luxury car maker, Jaguar Land Rover (JLR), says it will invest £65m ($81m) to expand its bespoke paint services in response to growing demand from wealthy customers.
The plan includes opening new paint facilities in C…
Africa must take bold steps to own its resources, create jobs and build industries that sustain prosperity for generations, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has told African leaders, policymakers, mini…
On Friday, 31 January, prominent figures in the automotive industry met at the Southern African-German Chamber of Commerce and Industry in Johannesburg for a combined Automechanika CEO lunch and networking event.
The discussions focused…
Africa’s digital trade and trade in services landscape has witnessed significant growth in recent years. Indeed, digital trade is transforming the continent’s economic landscape, creating new opportunities for real economic growth, product…
Merger talks between Honda and Nissan have collapsed after the firms failed to agree on a multi-billion-dollar tie-up.
The Japanese carmakers, along with junior partner Mitsubishi, had aimed to combine their businesses to fight back a…
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