PR Newswire

    XCMG has accelerated equipment deliveries and deployments in Angola, Southeast Asia, South America and Mozambique, supporting road construction, lifting, aerial access and green mining projects. Deliveries include more than 100 units of integrated road construction equipment in Angola, nearly 300 crawler cranes across Southeast Asia and 80 aerial work platforms in South America. In Mozambique, XCMG delivered an integrated road construction solution and deployed a fully electric mining excavator, highlighting its broad portfolio and localized service capabilities.

    Skye Africa Intelligence (Pty) Ltd (“Skye”) and the East, Central and Southern Africa Health Community (“ECSA-HC”) today announced a Memorandum of Understanding establishing a regional partnership to deploy AI-enabled health solutions across the ECSA-HC membership, announced on the sidelines of the 16th ECSA-HC Best Practice Forum, taking place from 2 to 7 August 2026 in Manzini, Eswatini.

    Discussing how to move innovation from the laboratory to commercial deployment, Li argued that real-world industrial settings should determine technology priorities. He cited partnerships with XCMG Group and Australian mining giant Fortescue as examples. Together they are creating integrated green value chains linking mines, railways and shipping—for example, using renewable energy to power electric locomotives and producing ammonia and methanol from renewable hydrogen for marine fuel. These system-level applications, Li said, create the real-world demand that drives innovation.

    CAIRO, Aug. 2, 2026 /PRNewswire/ — As digital transformation reshapes the construction industry, the way customers experience projects is evolving. Transparency, easy access to project information and seamless collaboration are becoming essential elements of successful project delivery. At KONE, customer experience has always been central to how the company works with its customers. Today, digital innovation is creating new opportunities to further enhance the customer experience by making every stage of the project journey more connected, transparent and effortless. Guided by this vision, KONE Egypt, a global leader in the elevator and escalator industry, has introduced myKONE, a digital customer portal that enhances collaboration and gives customers greater visibility throughout project delivery. The introduction reflects KONE’s ambition to combine engineering excellence with digital innovation, making it easier for customers to do business with KONE while delivering an even stronger customer experience.

    Sungrow, the globally leading PV inverter and energy storage system (ESS) provider, has successfully commissioned the RESPITE Solar-plus-Storage Project in Sierra Leone, marking the country’s first major national-scale power generation project completed and connected to the grid in nearly a decade. The project features a total energy storage capacity of 35MWh and integrates 8 units of Sungrow’s PowerTitan Series ESS. Sierra Leone, one of the countries with the lowest electricity access rates globally, has long faced challenges from limited power infrastructure and unreliable electricity supply. The national grid relies on a single 161kV transmission line with a capacity of 70MW, connecting the Bumbuna Hydropower Plant to the distribution network of Freetown, Sierra Leone’s capital.

    Under this transformation program, the bank will adopt the Finacle Deposits Suite, Finacle Lending Suite, Finacle Virtual Accounts Management, and Finacle Liquidity Management Solution on a multi-region Finacle SaaS platform. This integrated platform will enable Investec to enhance business agility, drive higher operational efficiency, and continually meet regulatory compliance, while supporting its evolving business and client needs.

    Binance today announced that bStocks, its tokenized securities offering, has surpassed $500 million in assets under management (AUM), seven weeks after launch. Since going live on June 11, 2026, the product has expanded from five tickers to more than 46 listings, providing eligible users with 24/7 access to tokenized securities and free, instant conversion between a bStock and its underlying stock.

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    Eco-friendly vehicles provided the strongest lift to South Korea’s auto exports during the month. Their export value increased 25.5% from a year earlier to US$2.59 billion. Electric and hydrogen vehicle exports rose 31.9% to US$940 million. Hybrid exports advanced 22.2% to US$1.65 billion. By contrast, exports of internal combustion engine vehicles fell 3.1% to US$3.65 billion. Eco-friendly models accounted for about 41.5% of the country’s total automobile export value in July.