Country: Nigeria
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Building Nigeria’s EV Industry to Cut Fuel Bills and Create Jobs
Electric vehicle (EV) assembly with affordable parts from China remains a low-hanging fruit for African countries interested in benefiting from the e-mobility value chain. In Nigeria, SAGLEV has created a name for itself after partnering with Chinese EV maker Dongfeng to ...
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WEEK IN REVIEW: BYD Reports Sixth Straight Monthly Drop in EV Sales
The Chinese EV-maker BYD reported its sixth straight monthly drop in sales and production, marking the sharpest year-on-year decline since early 2020 as domestic incentives end and demand weakens. The Chinese EV giant is increasingly betting on exports and overseas expansion, including a reported bid for a Nissan–Mercedes ...
China E-Mobility Weekly Digest: Ethiopia’s EV Surge as African Countries Push Local E-Mobility
This is a free preview of the upcoming Africa EVs Weekly Digest, part of the new CGSP Intelligence service. Electric vehicle (EV) adoption sometimes feels like a see-saw, with some weeks showing progress and others regression. The reality is ...
WEEK IN REVIEW: China, Russia, Iran Hold Naval Drills Near Hormuz
China joined Russia and Iran in joint naval drills near the Strait of Hormuz, deploying the guided-missile destroyer Urumqi and a supply ship. The exercises included maritime search-and-rescue and live-fire drills in waters critical to global oil shipments. (AL-MONITOR) The Philippines rebuked ...
Dangote Signs $400 Million Equipment Deal With China’s XCMG to Speed up Refinery Expansion
By Isaac Anyaogu Nigeria's Dangote Group has signed a $400 million equipment deal with China's Xuzhou Construction Machinery Group to speed up the expansion of its oil refinery toward a planned 1.4 million barrels per day, the company said on Tuesday.
File image of a worker cleaning solar panels installed on the roof of the traditional Gedhe market in Klaten, Central Java. China’s $180 billion clean tech push is reshaping the Global South, with Indonesia a key test of who controls new green industries. (Photo: DEVI RAHMAN / AFP)
By Cobus van Staden, CGSP Head of Research Remember “no blood for oil”? Decades ago, the slogan emblematized opposition to the U.S. invasion of Iraq. Its logic subsequently shifted as the United States experienced a gas and oil revolution thanks to fracking.
