Ghana and Ivory Coast out to boost cocoa prices - IMF okays $449 million bailout for Congo-Brazzaville
France and Germany have asked the EU executive to approve state subsidies for a cross-border battery cell consortium to curb Asia's market dominance. German analyst Marcel Weiss says the investment might not be worth it.
The two auto industry behemoths are exploring the possibility of jointly developing and building a range of commercial vehicles, and want to cooperate more closely on serving "the evolving needs of customers."
The automotive industry is coming under increasing pressure worldwide due to a growing focus on electric mobility, autonomous driving and digital services. Competition from China is also on the rise.
German car maker Volkswagen (VW) will be the first international automobile company to invest in Rwanda. The first cars are expected to be ready by May. For the future VW also plans to build electric cars in Rwanda.
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