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Abu Dhabi's investment in Binance enhances its compliance and global operations, positioning it as a leading cryptocurrency exchange. Meanwhile, Tunisian LegalTech startup Juridoc.tn secures funding to expand across 17 African countries, aiming to revolutionize legal services with AI-driven solutions. Additionally, Tern Rewards launches the UAE's first digital rental payment platform, allowing tenants to pay rent via credit card while earning rewards.
Tunisian LegalTech startup Juridoc.tn has secured a strategic investment from Go Big Partners and 216 Capital Ventures to expand its operations across the OHADA region, which includes 17 West and Central African countries. This funding will enhance its AI-driven legal solutions, addressing the growing demand for digital legal services and improving access to justice. Co-founder Qais Asali emphasized the goal of democratizing legal solutions through technology, positioning Juridoc.tn as a leader in Africa's digital legal ecosystem.
At MWC 2025 in Barcelona, China Mobile and Huawei unveiled new calling features utilizing Data Channel technology, enhancing user experience with screen sharing and real-time translation. Inmarsat Maritime announced the installation of NexusWave on Toei Reefer Line vessels for improved connectivity, while Lumos is investing in a 5,000-mile fiber-optic expansion in Georgia to enhance internet access for over 320,000 homes and businesses. Additionally, Indie Semiconductor is collaborating with GlobalFoundries to develop affordable radar chips for advanced driver assistance systems, and Orange OMEA has partnered with Eutelsat to provide satellite internet in remote regions of Africa and the Middle East.
KME, a leading European rolled copper supplier, has shifted focus to the booming electronics sector, with over 90% of sales now in rolled copper. The company is enhancing its ESG profile, with 43% of output from recycled copper, while expanding its borrowing base facility to €460m to support growing demand driven by AI and electrification.
Freeport-McMoRan Inc. focuses on the exploration and operation of copper and gold mines, primarily in the U.S., Peru, Chile, Indonesia, and the Congo. In 2023, net sales were dominated by copper (74.6%), followed by gold (14.5%) and molybdenum (8.4%), with significant sales in the U.S. (31.8%) and Switzerland (17.4%).
In July 2022, Angola awarded a 30-year railway concession to a European consortium, rejecting a Chinese bid, while the US government announced over $560 million in funding for the Lobito Corridor project, aimed at enhancing mineral transport from Central Africa. President Biden emphasized the project's potential to drive economic growth and create jobs, while regional leaders highlighted the importance of local processing of minerals to benefit their economies. The Lobito railway, historically significant but troubled, is being revitalized to connect Zambia's copper mines to the coast, competing with Chinese infrastructure efforts.
A cargo train transporting copper concentrate from the Democratic Republic of Congo to Angola's Lobito port highlights a complex history, featuring a blend of American, Chinese, and Scottish influences. As President Joe Biden arrives in Luanda for what may be his final overseas trip, this railway project is set to be a key focus of his agenda.
As geopolitical tensions rise and climate change impacts intensify, companies are reevaluating their supply chains, balancing efficiency with resilience. The shift towards deglobalization and protectionism is prompting a reconsideration of production locations, yet many still rely on increased inventory rather than diversifying sites. This evolving landscape highlights the critical interplay between sustainability, labor dynamics, and corporate strategy.
Humanitarian agencies face challenges in addressing climate adaptation in conflict-affected regions like Somalia, where immediate aid has not reduced long-term needs. Experts emphasize the importance of collaboration between humanitarian and development sectors to build resilient systems and address underlying vulnerabilities, while also urging countries to improve governance and reduce corruption to attract more funding.
CATL plans to enhance its European operations with a new Hungarian battery plant set to produce 100 GWh at lower costs than its German facility, aiming for profitability in 2025 and 2026. Founder Robin Zeng criticized EU tariffs on Chinese EV imports and emphasized the potential of sodium-ion batteries over solid-state technology. CATL is also venturing into renewable energy systems and developing an off-the-shelf EV platform to significantly reduce development costs for new automotive brands.
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