[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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• 2026.11.12 10:30
• [China's crude oil imports decrease by 15.1% in the first 10 months of 2026]
• In the first 10 months of 2026, the total import and export value of China's goods trade was RMB 44.81 trillion, a year-on-year increase of 20%. Among them, exports amounted to 25.99 trillion yuan, an increase of 17.6%; Imports amounted to 1.882 trillion yuan, an increase of 23.6%. From the perspective of key commodities, in terms of imports, China imported 8.17 trillion yuan worth of mechanical and electrical products in the first 10 months, an increase of 35%; 400 million tons of crude oil, a decrease of 15.1%; Agricultural products amounted to 1.29 trillion yuan, an increase of 4.6%. Editor/Cheng Liting

• 2026.11.12 10:29
• [Pure electric solar powered unmanned aerial vehicle makes its maiden flight and lands]
• On November 11, 2026, China's independently developed "Light Cavalry" small and medium-sized solar powered unmanned aerial vehicle successfully made its maiden flight at an airport in northwest China. As a pure electric aircraft powered solely by solar energy, the "Light Cavalry" has core advantages such as long endurance, rapid deployment, and convenient support. This model is 3.2 meters long, with a wingspan of 8 meters, and a maximum designed endurance time of 30 hours. Editor/Cheng Liting