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    Sungrow Deepens Long-Term Commitment to Egypt with New Energy Storage Facility

    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 Adds U.S. Stock Options to its Multi-Asset Platform

    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 Appoints Andrew Turnbull to Lead Africa Strategy as Trading Markets Mature

    Pepperstone, a global online trading provider, appoints Andrew Turnbull as Head of Africa to lead its strategy in the fast-evolving online trading region. With over 20 years of experience in financial services, including senior roles at ODL Securities and FXCM Europe, Turnbull will focus on mobile-first platforms and regulatory oversight across the continent. This appointment reflects Pepperstone’s investment in owning more of its technology to better meet the diverse needs of clients in individual markets like Kenya, where the company is licensed under the Capital Markets Authority.

    Next Level Aviation® Appoints Mike Fleener as Senior Vice President of Global Sales

    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 who also has 20+ years in the commercial aviation aftermarket, Mr. Fleener brings significant leadership, sales, operations and supply chain experience to Next Level Aviation®. In his new role, Mike will leverage his leadership experience to lead, manage, develop and expand Next Level Aviation’s global sales team to grow its USM business in the coming years.

    XCMG Accelerates Global Equipment Deliveries for Infrastructure and Mining Projects

    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 and ECSA-HC Sign Memorandum of Understanding to Scale AI-Enabled Health Solutions

    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.

    Boao Forum: CRRC Zhuzhou Institute Outlines Core Technologies and Application-Driven Innovation for Green Industry Growth

    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 Powers Sierra Leone’s Energy Transformation with First National-Scale Power Project

    Sungrow successfully commissioned the RESPITE Solar-plus-Storage Project in Sierra Leone, the country’s first major national-scale power generation project in nearly a decade. With a total energy storage capacity of 35MWh and 8 units of Sungrow’s PowerTitan Series ESS, the project aims to increase Sierra Leone’s national electricity access rate from 16% to 36%, providing stable electricity to households, schools, healthcare facilities, and commercial and industrial users. Leveraging Sungrow’s advanced black start and off-grid capabilities, the project team implemented an emergency response strategy to address the country’s daily power outages of up to 18 hours.

    Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation

    Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, 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 bStocks Reaches $500 Million in AUM as a New Generation of Investors Turns to Tokenized Stocks

    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.

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    South Korea’s Reserves Hit $442.28B

    South Korea recorded its largest monthly increase in foreign exchange reserves in August. The reserves last exceeded this level in May 2022, when they reached $447.71 billion. Although slightly below the record set in October 2021, the Aug