The World Health Organisation (WHO) has received €1 million from the European Investment Bank (EIB) for a technical support operation that would improve Ethiopia’s primary healthcare system. By 2024, the Ethiopian government hopes to have achieved universal health coverage and built the health system’s resilience through a solid primary healthcare foundation. The WHO and EIB […]
Advanced Micro Devices, a US chipmaker, announced on Friday that it will spend $400 million in India over the next five years and that Bengaluru will become the site of its largest design centre. Mark Papermaster, AMD’s chief technology officer, made the news at the annual semiconductor conference, which began Friday in Gujarat, the home
BY 2028, AMERICAN CHIPMAKER AMD WILL INVEST $400 MILLION IN INDIA Read More »
Officials said on Monday,5th June, that France is investing 2.9 billion euros ($3.1 billion) on a plant to produce microchips, igniting a worldwide competition for the lucrative sector. As concerns about China gaining a monopoly on the global supply rise, Europe and the US recently introduced so-called Chips Acts to encourage investment in the industry.
TO INCREASE DOMESTIC OUTPUT, FRANCE WILL INVEST €3 BILLION IN A SEMICONDUCTOR FACILITY Read More »
The Croatian government has committed 180 million euros to constructing a new gas pipeline and increasing the capacity of the LNG terminal on the island of Krk by the summer of 2022. In an effort to improve its gas supply, Croatia is increasing its LNG capacity. In January 2021, the island in the northern Adriatic
HOW CROATIA HAS BEEN ESTABLISHING ITSELF AS THE REGION’S ENERGY POWERHOUSE RECENTLY Read More »
On March 22nd, the UK released a new International Technology Strategy that lays out a plan for the country to become a technological giant by 2030. At the inauguration in London, the Foreign Secretary and the Secretary for Science, Innovation, and Technology laid out how the UK can expand on the strength of its IT
PLANS TO ESTABLISH THE UK INTO AN INTERNATIONAL TECHNOLOGY SUPERPOWER LAUNCHED Read More »
The A$30 billion ($21 billion) Sun Cable plan, which aims to pipe solar power from Australia to Singapore, has been one of the world’s most ambitious renewable energy projects, but it has now entered administration following a rumored conflict between its two major billionaire backers. Sun Cable announced today (Wednesday) that it “has made the
The Chinese central government has been the primary force behind China-Africa relations for many years, investing enormous sums of money in the trade and infrastructure of the continent. The central government is currently giving local, provincial, and their businesses more authority to lead the next stage of trade between China and Africa. Zhejiang, a coastline province
AFRICAN TRADE IS INCREASINGLY BEING LED BY CHINESE PROVINCES Read More »
The state government of Queensland has committed cash to “reinvigorate” an abandoned facility that was once among the richest gold mines in the world. The Mount Morgan gold mine in central Queensland was formerly one of the biggest in the world, but it has been abandoned and polluted with acid water since 1990. With intentions
MOUNT MORGAN GOLD MINE TO BE REOPENED ON ACCOUNT OF QUEENSLAND GOVERNMENT FUNDS Read More »
In early November, Canada ordered three Chinese companies to divest their lithium mining holdings in the nation. This order comes after Canada had placed restrictions on foreign participation in supplying “critical minerals” used in batteries and high-tech devices. As tensions between the West and China over who will control the supply of minerals like lithium,
The head of the European Investment Bank, Werner Hoyer, has expressed his dissatisfaction with Germany allowing China to buy their port. Werner is a former minister in the German government who is a member of the liberal Free Democratic Party, the smaller of the two junior partners in Scholz’s coalition. The FDP is renowned for
PRESIDENT OF THE EUROPEAN INVESTMENT BANK URGES EUROPE TO STOP BEING DEPENDENT ON CHINA Read More »
