Tag: Business Africa

ExxonMobil Commits $1.1 Billion to Advance Mozambique’s $30 Billion Rovuma LNG Project

ExxonMobil and its partners have awarded approximately $1.1 billion in pre-investment contracts for critical upstream equipment for the Rovuma LNG Phase 1 project in...

Ferrari’s First EV Sets $40 Million Auction Record in Landmark Charity Sale

Ferrari’s first fully electric vehicle, the Luce, has set a new record for the most expensive new car ever sold at auction after a...

Tesla Moves Toward Cybercab Commercial Rollout With Austin Employee Trials

Tesla is preparing to launch its purpose built Cybercab robotaxi in Austin, Texas, as early as August, beginning with rides for employees on public...

Taiwan Weighs New Cash Handout as AI Boom Drives Record Economic Growth

Taiwan is considering another NT$10,000 cash payment, worth about $314 per person, as President Lai Ching te’s government looks to share some of the...

Airtel and Starlink Take Satellite Connectivity Commercial With DRC Launch

Airtel Africa and SpaceX’s Starlink have commercially launched a satellite to mobile service in the Democratic Republic of Congo, marking the first commercial deployment...

Thungela Earnings Surge as Coal Prices and Export Volumes Lift South African Miner

South African coal producer Thungela Resources reported a more than doubling in first half profit, supported by stronger thermal coal prices and higher export...

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