[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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  • 2026.08.21 16:02
  • [China and Chad sign development cooperation agreement]
  • On August 20, 2026, Ambassador to Chad Wang Xining and Chad's Minister of State and Minister of Finance, Budget, Economy, Planning and International Cooperation Ngilan signed a development cooperation agreement on behalf of both governments. Counsellor Dan Yuanpeng from the embassy attended. Ambassador Wang stated that the signing of this agreement aims to implement the important consensus between the two heads of state through practical measures, and will provide assistance for the construction and improvement of infrastructure and people's livelihoods in Chad. China is willing to continue to work with Chad to share development experience, deepen practical cooperation in various fields, and benefit the people of both countries through the docking of development plans. Enjilan expressed gratitude to China for its long-term strong support for the economic development of Chad. Chad is willing to work closely with China to promote the implementation and effectiveness of the agreement as soon as possible, and realize the development vision of various fields in Chad as soon as possible.Editor/Gong Ziwei
  • 2026.08.21 16:00
  • [JD releases robot strategy to form industry alliance]
  • At the 2026 World Robot Conference, JD.com announced a new strategy for robotics, planning to invest billions of resources over five years, build 80 robot bases, and collect millions of real scene data over two years. JD has formed a robot parts industry development alliance with several leading companies in the industry chain, laying out the industry from three dimensions: supply chain, service, and technology. Empowering upstream and downstream enterprises with supply chain advantages, establishing a full lifecycle robot service system, and unifying robot battery standards. At the same time, relying on massive real-world data, building AI technology barriers, seizing opportunities for the development of embodied intelligent robot industry, and improving the robot industry ecosystem.Editor/Gong Ziwei
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