China's Wankang Group to Invest $311 Million to Build a Float Glass Factory in Tanzania
China's Jack Feng of Wankang Group, is set to invest more than $311 million US dollars to build in an ultra-modern float glass manufacturing factory in Mkiu Village Mkuranga District, [...]
Iran Allows Use of Crypto for Trading and Imports
Iran's government has approved a set of regulations for trading with cryptocurrencies, a move that allows the country to skirt some U.S. financial sanctions imposed on Tehran's nuclear program. The [...]
Meta Partners with Jio to Lauch 1st Grocery Shopping on WhatsApp
Meta and an e-commerce venture between India’s Reliance Retail and Jio Platforms are bringing grocery shopping to WhatsApp in what they said was a global-first end-to-end shopping experience on the [...]California to Ban Sale of New Petrol-Only Vehicles by 2035
California has announced plans to ban the sale of new petrol-only vehicles by 2035, marking a historic step in the state’s attempts to tackle climate change. The new rules are [...]Japan Pledges $30 Billion in Aid for Development in Africa
Japan pledged $30 billion in aid for development in Africa, saying it wants to work more closely with the continent, with the rules-based international order under threat after Russia's invasion [...]China's Industry Profit Falls to 1.1% on Covid-19 Measures
Profits of China’s major industrial enterprises fell by 1.1 per cent year on year in the January-July period, according to official data released on Saturday. In the first seven months [...]STIMA One Electric Partner to Deploy Electric Motorcycles in Kenya
STIMA, a battery swapping technology company targeting the deployment of convenient battery swapping infrastructure for electric motorcycles at scale, and One Electric, India’s leading electric motorcycle manufacturer, have announced their partnership [...]British Airways Plans to Temporarily Halt Flights to Nigeria
The oldest Airline with links to Nigeria, British Airways (BA), is on the verge of suspending fight operations in Nigeria following difficulty to repatriate trapped funds in Nigeria. This means that British [...]Sri Lanka Widens Import Ban as Economic Crisis Persist
Sri Lanka tightened import restrictions on Wednesday with a ban on more than 300 additional items, as an economic crisis that has created months of shortages and toppled a president [...]China Waives 23 Interest-Free Loans to 17 African Countries
China, Africa’s largest bilateral lender has unveiled a minor debt relief package for 17 African countries, writing off 23 interest-free loans that came due at the end of the last [...]China Cuts Lending Rates in an Attempt to Boost the Economy
China’s central bank has cut benchmark loan rates, seeking to boost the economy that has been battered by the government’s strict zero-Covid policy and a slump in the property market. [...]Emirates to Halt Flights to Nigeria from 1st September
Dubai's Emirates has announced plans to suspend flights to Nigeria from 1st September, seeking to limit further losses and impact on its operational costs that continue to accumulate in the [...]
