US DoD Blacklists Chinese EV Battery Maker CATL
On 6 January 2025, the US Department of Defense (DoD) placed China Amperex Technology Limited (CATL) on its blacklist on
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Author: gbc
Microsoft On Track to Spend $80B to Build AI Data Centers in FY2025
On 3 January 2025, based on the Microsoft New Year 2025 Greetings posted by its Vice-Chair and President Brad Smith
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The China-Maldives Free Trade Agreement Effective as of 1st January 2025
Following a videoconference on 30 December 2024 between Mr WANG Wentao, Minister of Commerce of the People’s Republic of China,
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CATL and Stellantis Join Parts to Build €4.1B Lithium Battery Gigafactory in Spain
On 10 December 2024, CATL and Stellantis signed an agreement to build a #lithium gigafactory in Zaragoza, Spain. The partnership
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Suez Canal Expects $7B Drop in Revenue for 2024
With the Houthis attacking ships in the Red Sea, the maritime traffic through the Suez Canal has dropped dramatically in
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Gulf Cooperation Council Emerges As One of the Top Investors in Africa
In December 2024, Afreximbank released its research report on “Rising Gulf Investments in Africa“, highlighting the increasing and sustained appetite
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Eurasian Railway Meeting Convened in Beijing to Explore Connectivity Expansion
On 25 December 2024, experts met in Beijing to discuss the China-Kazakhstan-Turkmenistan-Iran (CKTI) rail route. The meeting reviewed operational results
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Somalia Unveils New Mogadishu Development Initiative
On 19 December 2024, in the Somalian capital, Mogadishu, President Hassan Sheikh Mohamud officially unveiled the New Mogadishu Development Initiative.
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Lycopodium Wins $35M EPC Contract to Build Largest Gold Mine in Cote d’Ivoire
On 18 December 2024, Australian construction firm Lycopodium announced that it has won an Engineering, Procurement and Construction (#EPC) contract
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Luthai Textile Plans to Invest $385M into Vertically Integrated Facility in Egypt
On 16 December 2024, the General Authority for Freezones and Investment (GAFI) of Egypt announced that Luthai Textile will invest
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