article thumbnail

Shaping Africa’s Future With Microelectronics

Cars That Think

A technologist right out of the gate Born in Lagos, Nigeria, Ayelagbe was captivated by how things worked from a young age. While the conventional path to upward mobility in Nigeria might have led him to becoming a doctor or nurse, his parents supported his pursuit of technology.

Nigeria 109
article thumbnail

Tesla Bot to address human labor shortage in the future

Teslarati

At the Wall Street Journal’s (WSJ) CEO Council Summit, Elon Musk shared some updates on the Tesla Bot and how it could alleviate human labor shortage in the future. like Nigeria, which has a replacement rate of 5.4. For instance, Nigeria’s current fertility rate decreased from 6.35 In North America, it is below 2.1

Future 145
article thumbnail

Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

With the huge reduction in its revenues and growing discomfort among its members such as Venezuela, Libya and Nigeria over its current production levels, is OPEC really getting weaker? Nigeria’s dilemma. Nigeria is Africa''s largest oil producer and among the top 5 global exporters of LNG. Iraq’s Issues. Source: [link].

article thumbnail

China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

Green Car Congress

Shale gas : Shale gas is expected to be a source of growth for Nexen in the future. In Nigeria, CNOOC Limited will continue Nexen’s partnership in the Usan project and maintain its active development, appraisal and exploration drilling campaign on Nexen’s Nigerian acreage. Nexen also has a 7.23%.

Oil-Sands 325
article thumbnail

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

A fourth volume examining energy security in Nigeria and other nations in the Gulf of Guinea is scheduled for later publication. Notable examples of nations where security shortfalls are significantly impeding investment and production are Nigeria; Iraq; Sudan; and, most recently, Libya. Additionally, U.S.

Oil-Sands 225
article thumbnail

Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and Equatorial Guinea. The Commodity Price Manipulation Case.

article thumbnail

Volkswagen founds mobility services company in Rwanda; to begin local assembly of Polo and Passat

Green Car Congress

The objective is to provide modern integrated mobility services in Africa in future. Vehicle assembly began in Nigeria in 2015, and in Kenya in December 2016. The Volkswagen brand has founded “Volkswagen Mobility Solutions Rwanda”, a company based in Rwanda.

Rwanda 170