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Afreximbank Ploughs $900 Million into Special Economic Zones Creation
Special Economic Zones (SEZs) can catalyse industrialisation while building domestic supply chains. They also attract foreign investment and skills transfers.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
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Micron Nears $1 Billion Investment in India Chip Packaging Plant
The Indian investment would follow a Chinese ban on the use of Micron chips in what Beijing called critical infrastructure.
- Categories
- Technology
- Region
- Asia Pacific
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Philippines Says China’s Yadea to Invest $1 Billion in E-Motorcycle Plant
The factory will have an annual production capacity of 3 million to 5 million units that will cater to domestic demand.
- Categories
- Transportation
- Region
- South Asia
- Tags
- e-mobility, manufacturing
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Engine Maker Cummins to Invest $1 Billion in India
Cummins Group plans to invest $1bn in India over the next decade and recruit 4,000 staff as it shifts from fossil fuel engines to hydrogen and green energy options.
- Categories
- Energy, Investing, Technology, Transportation
- Region
- Asia Pacific
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African Development Bank and Africa Growing Together Fund Commit $124.4 Million to Improve Sanitation in Angola’s Coastal Towns
The funds will help Angola to improve access to climate-resilient and sustainable sanitation services.
- Categories
- Technology, WASH
- Region
- Sub-Saharan Africa
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Foxconn to Make iPhones in India’s Karnataka by Next April
Apple has been shifting production away from China after the country's strict COVID-related restrictions disrupted the production of new iPhones and other devices in the country.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- manufacturing
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IPD, Mastercard Foundation Commit $45 Million to Expand Vaccine Manufacturing in Africa
The organisations announced the partnership dubbed MADIBA (Manufacturing in Africa for disease immunization and building autonomy).
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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British Consortium to Invest $9 Billion in Indonesia Mining, EV Batteries, Minister Says
Indonesia is keen to develop batteries and vehicles for the world's biggest electric car manufacturers.
- Categories
- Technology, Transportation
- Region
- South Asia
- Tags
- e-mobility, manufacturing, mining, wind
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