The African Energy Chamber (AEC) signed two deals at the Invest in African Energies Forum in Shanghai on March 13, to support China-Africa energy ties by facilitating partnerships and technology exchanges.
The first deal, signed with technology company Tima Networks, will see the company bring its automated fleet management technology to Africa and create a $100 million fund with AEC. Tima Networks is a software company that utilizes artificial intelligence to enhance EV efficiency and management. The partnership will work to implement this innovative fleet management technology across Africa, supporting the utilization and adoption of EVs across the continent.
The second deal, signed with Yunan County Chuangxing Industrial Investment Group, was a strategic cooperation framework agreement aimed at facilitating interactions between the Chinese and African energy and chemical industries. The parties will work together to encourage African firms and projects to establish
