Electric car maker BYD sold more than 500,000 battery electric vehicles (BEV) worldwide in the fourth quarter of 2023 – taking the Chinese company above US rival Tesla’s sales for the first time.BYD’s vehicle production also increased significantly last year – reaching 3.02 million vehicles in 2023, nearly double what it was the previous year. …
TSMC plans to hold an official opening ceremony for its first factory in Japan on February 24 this year, according to new reports previously confirmed by TSMC. The new semiconductor factory in Japan will be able to manufacture chips with a manufacturing precision of 28 nanometers (N28), and according to TSMC, this will be the …
TSMC is preparing to open the most advanced semiconductor factory in Japan Read More »
gabon and the World Bank inked a $68.5 million financing agreement this week for the Digital Gabon Project, which aims to accelerate the adoption of digitalised public services and increase the number of people with a unique ID, facilitating inclusive access to public services. Mays Mouissi, Gabon’s minister of economy and participation, and Cheick Kante, …
Gabon, Work Bank sign public-sector digital finance agreement Read More »
The Ministry of International Cooperation signed a development financing agreement with the European Investment Bank, worth 135 million euros, and a grant from the European Union worth 30 million euros managed by the European Investment Bank, to contribute to financing the “Sustainable Green Industry” project, for the benefit of the Ministry of Environment (Environmental Affairs …
Tesla has revived its standard-range Model S with a $10,000 price cut. But it also comes with about 80 miles less battery range. Tesla has trimmed the prices of its two most expensive electric vehicles — but the savings come with a hitch. On Monday, the automaker began offering a “standard-range” Model S with a …
Mauritius takes the top spot in Africa, boasting 3.8% GDP growth and $10,500 GDP per capita. South Africa secures the second spot with 1.3% GDP growth, $6,200 GDP per capita, and a population of 55.4 million. Morocco shines in third place with 4.1% GDP growth, $3,000 GDP per capita, and a sizeable population of 34.3 …
best African countries for business:by Forbes rankings Read More »
North Africa is entering a phase of maturity, and fueled by a digitally adept consumer demographic showing a strong inclination towards online retail, the e-commerce sector is poised for a surge across the region. In recent times, North Africa has attracted substantial investor attention due to certain compelling factors. With a sizable, youthful population, increased …
10 startups transforming commerce in North Africa Read More »
UAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX) have signed a $500 million deal to supply Egypt with wheat, a statement said on Monday. The five-year agreement, worth $100 million per year, will provide Egypt with imported milling wheat “at competitive prices”. Egypt, a major buyer of basic commodities, has been suffering …
Abu Dhabi fund sign $500 mln deal to supply wheat to Egypt Read More »
Port Luis: AFRiCAS, News Desk A committee under the chairmanship of the Prime Minister of Mauritius, Pravind Kumar Jugnauth, met on Tuesday 2 May at the New Treasury Building in Port-Louis to review and examine 16 projects from the private sector related to renewable energy. The projects will necessitate investments to the tune of Rs. …
Mauritius: USD 500m Investments to achieve 60% of renewable energy by 2030 Read More »
AFRICAS: Cairo, News Desk The African Private Capital Association (AVCA) announced the release of its 2022 Venture Capital in Africa Report. The anticipated report – which captures VC performance in Africa by deal volume, value, and investment stage – indicates the industry’s resilience during global uncertainty. Emerging from a year of robust VC activity, private …
AVCA Report: Investor confidence in Venture capital in Africa stays strong Read More »
Op alle artikelen, foto’s en video’s op demorgen.be rust auteursrecht. Deeplinken kan, maar dan zonder dat onze content in een nieuw frame op uw website verschijnt. Graag enkel de titel van onze website en de titel van het artikel vermelden in de link. Indien u teksten, foto’s of video’s op een andere manier wenst over te nemen, mail dan naar info@africas.com
DPG Media nv – Mediaplein 1, 2023 Antwerpen – RPR Antwerpen nr. 0432.306.234
