[South African Ports Authority plans to invest$570 million in port infrastructure] South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao

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• 2026.07.24 08:53
• [Hunan New Energy Non Industry Alliance Established]
• On July 21, 2026, the Hunan New Energy Industry Alliance for Africa was officially established in the Sany Intelligent Union Heavy Truck Industrial Park, marking the entry of Hunan enterprises into the cluster stage of cooperation in Africa's new energy industry. Hunan has a complete system of photovoltaic, energy storage, and new energy vehicle industries, which will meet the needs of industrialization and energy transformation in Africa.Editor/Gao Xue

• 2026.07.24 08:45
• [Two new ports will be built on the east coast of the United Arab Emirates]
• On July 22, 2026, Dubai Ports International signed a 50 year agreement with Fujairah to construct the Ruqarat Container Port and Diba Fujairah Port, with annual processing capacities of 2.5 million TEUs and 3.6 million tons of general cargo, respectively, to mitigate risks in the Strait of Hormuz.Editor/Gao Xue