Africa is moving to build more of its own solar manufacturing capacity, but the continent faces a difficult challenge: reducing its dependence on China while relying on Chinese technology, components and investment to expand the industry Africa is moving to build more of its own solar manufacturing capacity, but the continent faces a difficult challenge:…
Hong Kong’s commerce chief is set to lead a delegation of mainland Chinese and local firms to Malaysia next week, noting that about 200 enterprises from across the border have already set up offices in the city since last year, using it as a stepping stone to go global. Secretary for Commerce and Economic Development…
NAIROBI, Kenya (AP) — Africa’s largest economies are accelerating plans to build more domestic solar manufacturing capacity, a shift industry analysts say reflects both industrial ambition and growing unease over dependence on imports from China that dominate the global market. Ethiopia, South Africa, Morocco and Nigeria have been stepping up efforts to localize manufacturing of…
By Maxwell Akalaare Adombila DAKAR, July 28 (Reuters) – The U.S. is backing the Ampasindava rare earths project in Madagascar as part of its strategy to loosen the dominance of rivals in critical minerals supply chains, the State Department has said, underscoring Washington’s push to develop alternative sources of minerals now largely controlled by China….
DAKAR, July 26 (Reuters) – Senegal’s President Bassirou Diomaye Faye has launched a new political party, formalising his break with former Prime Minister Ousmane Sonko and the ruling Pastef party that swept him to power in 2024. • Faye unveiled his Kiiraay — Republican Patriots party at a gathering in the capital Dakar on Saturday,…
Hong Kong’s trade promotion body will set up a new office in Egypt within the next nine months to expand its footprint in Africa, while recalibrating resources for Nordic countries through its European bases as traditional markets face slower growth. Hong Kong Trade Development Council chairman Frederick Ma Si-hang said on Friday that the organisation…
Hong Kong flag carrier Cathay Pacific Airways will raise fuel surcharges by up to 41 per cent on most passenger flights from August, citing escalating tensions in the Middle East. The airline said on Friday that the higher passenger and cargo fuel surcharges would take effect on August 1, following a brief period of declines…
By Ryan Patrick Jones and Maria Cheng July 19 (Reuters) – The Canadian government said on Sunday it would deny entry to any foreigner who has been to Congo within the past 21 days as part of new, temporary border measures to combat the spread of Ebola. The ban contravenes advice from the World Health…
KINSHASA, July 17 (Reuters) – The United Nations Security Council has imposed sanctions on leaders of armed groups operating in eastern Congo including Rwandan-backed AFC/M23 rebels and the Democratic Forces for the Liberation of Rwanda (FDLR), which fights alongside the Congolese army. • The conflict in eastern Congo is rooted in the fallout from neighbouring…
It was an artificial intelligence summit with very real-world geopolitical messaging. Chinese President Xi Jinping on Friday urged countries to cooperate on artificial intelligence and ensure no country dominates the technology – in an apparent jab at the United States. Recommended Stories list of 4 itemsend of list Xi spoke at a major tech conference in…