In the latest update, the European Investment Bank (EIB) has signed a €50 million venture debt facility with the ride-hailing app Bolt from Estonia. The financing is supported by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe. The goal of the funding is to support
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A home-grown electric ship on Friday conducted a trial operation in central China on the Yangtze River, China’s longest waterway. Junlyu is the first electric ship weighing above 1,000 tonnes to sail the Yangtze. It took two years to build the vessel by altering an oil-powered ship. With powerful lithium batteries, the 53-metre-long
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Many young pilots who graduated from the Nigerian College of Aviation Technology (NCAT), Zaria, Kaduna State and other flying schools are roaming the streets in search of a place in the cockpit. They are unable to get jobs because of insufficient flying hours and rating on various aircraft types. To
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The Federal Government’s efforts to revitalise the mining industry appears to be a step in the right direction, as stakeholders in the sector believe it would bring to an end years of exploitation and unwitting exportation of the nation’s commonwealth to imperial economies. The initiative they have also argued has
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A significant distinguishing factor between traditional and new-age practices is technology. The disruption and changes encompass the simplest of things to the most complex of structures. There is a form of rigidity when it comes to the old ways of doing things in these professions evidenced in the close-minded approach to
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Elsa Olivetti’s interest in materials science began when she was an engineering science major at the University of Virginia. Initially unable to settle on any one form of engineering, she took an introduction to materials science class on a whim. She loved the way materials science let her examine everyday
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The way offices are built really matters. Design impacts individuals, organizations and even society as a whole. So Sarah Billington, a professor of civil and environmental engineering at Stanford, and James Landay, a professor of computer science at Stanford, together with their colleagues are designing a series of studies to measure
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The Federal Government will deploy 350 wagons and 36 coaches on the Lagos-Ibadan rail line and will increase the frequency of free train rides on the route from December 21, 2019. According to the Managing Director of Nigeria Railway Corporation, Fidet Okhiria, the Federal Government had also concluded arrangements to connect
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London's transit authority said it would not renew Uber's license to operate in the British capital over passenger safety concerns. Transport for London cited "several breaches that placed passengers and their safety at risk." A key issue identified was that a change to the ride-hailing company's systems allowed unauthorized drivers to upload
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