PR Newswire

    Marking the first time a Chinese broadcast media institution has established a year-round, dedicated daily broadcast mechanism with an African national public broadcaster, the project leverages SABC’s television network and digital streaming platform, SABC+, bringing over 100 hours of localized Chinese programming directly to South African households since its launch in June 2026.

    Recently, Sungrow launched its energy storage manufacturing facility in Egypt’s Suez Canal Economic Zone, with a planned annual production capacity of 10 GWh and operations set to begin in June 2027. The facility’s initial production will support the Sustainable Energy Valley project in Egypt’s Minya Governorate, jointly developed by the Egyptian government and Norwegian renewable energy company Scatec. Sungrow will supply 4 GWh of energy storage systems, helping advance Egypt’s renewable energy infrastructure.

    Binance today announced it will begin offering options on 1,000+ selected U.S. stocks and ETFs through Nest Trading Limited, its Abu Dhabi Global Market-regulated broker-dealer. Nest Trading Limited acts as introducing broker, routing orders to Alpaca Securities LLC (dba Alpaca Clearing), a U.S.-registered self-clearing broker-dealer, for execution, clearing, settlement, and custody.

    Pepperstone, a global online trading provider serving clients in more than 160 countries, has appointed Andrew Turnbull as Head of Africa, strengthening its focus on one of the world’s fastest-evolving online trading regions. Based in Nairobi, Turnbull will lead Pepperstone’s strategy across the continent as traders increasingly turn to mobile-first platforms and regulators move to strengthen oversight of the sector.

    Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has appointed Michael Fleener as Senior Vice President – Global Sales. As a United States Military Academy graduate, former Army officer and Apache attack helicopter pilot with over 20 years in the commercial aviation aftermarket, Mr. Fleener brings significant leadership, sales, operations, and supply chain experience to Next Level Aviation®. Throughout his career, Mr. Fleener has worked in various roles for many of the largest companies in the commercial aviation aftermarket, including an OEM.

    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.

    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.

    Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), today announced that Investec, a leading international bank and wealth manager, has selected the Finacle Digital Banking Solution Suite on Microsoft Azure to modernize its banking operations across South Africa, the UK, Mauritius, and the Channel Islands. As part of this multi-country, large-scale transformation program, the bank will migrate from its legacy platforms to Finacle, establishing a future-ready technology foundation aligned with the next phase of its growth strategy.

    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. The milestone reflects growing demand for tokenized market access as more users explore traditional financial markets through Binance. Early platform data indicates that bStocks is attracting a predominantly crypto-native audience, with many users using tokenized securities as their first exposure to traditional finance.