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Siemens, Volkswagen Launch First Africa Electric Car Pilot Project in Rwanda

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Rwanda becomes the first African country to introduce Volkswagen electric car; Volkswagen and Siemens sign joint development agreement to conduct electric mobility feasibility project; Pilot Project part of Moving Rwanda Initiative; Four e-Golfs and one charging station for the initial phase of the pilot project; e-Golfs added into the Volkswagen Mobility Solutions fleet

In a first for the African continent, the Volkswagen Brand has launched a pilot project in partnership with Siemens to test the feasibility of electric mobility in an African country.

The pilot project, which will form part of Volkswagen’s operations in Rwanda, was officially announced today by Thomas Schäfer, CEO of Volkswagen Group South Africa and responsible for the Sub-Sahara Africa Region, in the presence of the Prime Minister of the Republic of Rwanda, Right Honourable Dr. Edouard Ngirente.

During the pilot phase, four e-Golfs and one charging station will be introduced in the capital of Rwanda, Kigali. Volkswagen has signed a joint development agreement with Siemens to provide the charging infrastructure for the electric cars.

With the launch of the pilot project, Rwanda becomes the first African country to introduce a Volkswagen electric car.

Thomas Schäfer said: “The success of our innovative and pioneering mobility solutions business has shown us that Rwanda has the potential to leapfrog the internal combustion engines into electric cars. Rwanda has a young and progressive population that appreciates individual and modern mobility.

“Together with our development partner Siemens and with the support from the Government of Rwanda, Volkswagen wants to make the e-Golf pilot project in Rwanda a blueprint for electric mobility in Africa.”

Sabine Dall’Omo, CEO for Siemens Southern and Eastern Africa said: “Our partnership with Volkswagen on this project solidifies our commitment not only to Rwanda but to the East Africa region.  By contributing towards shaping the African market for intelligent, adaptive infrastructure, while addressing skills challenges in this sector, Siemens is helping to build a more sustainable future for the people of Rwanda.”

The pilot e-Golfs will be added into the Volkswagen Mobility Solutions Rwanda fleet to provide customized mobility service.

The plan is to increase the number of the electric cars to 50 units and 15 charging stations, depending on the outcomes of the pilot project.

The drivers and technicians who will be working with the electric cars have received specialized training in preparation for launch of the pilot project.

“Africa’s youth need sustainable jobs and better prospects for a future in their home countries. Therefore, German development cooperation supports innovative ideas for vocational education and environmentally friendly mobility concepts for African cities. In this respect, initiatives such as Moving Rwanda are yet another step towards implementing the Marshall Plan with Africa,” said Dr. Gerd Müller, German Federal Minister for Economic Cooperation and Development.

The electric mobility project was developed within the Moving Rwanda initiative, a cooperation between Volkswagen, Siemens, SAP and Inros Lackner and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. GIZ supported the e-mobility project by bringing together relevant partners from the private and public sector and by advising on the development benefits of the project.

The Moving Rwanda Initiative was established as the result of Volkswagen’s initial investment in Rwanda, which saw the launch of Africa’s first Integrated Mobility Solutions business in June 2018.

Volkswagen Mobility Solutions Rwanda offers mobility solutions services such as ride-hailing and corporate car sharing. The services are offered on the Move App, an innovative IT mobility solution which was developed by a local IT start-up company, Awesomity Lab.

The services are offered using a fleet of vehicles assembled at Volkswagen Rwanda’s assembly facility in Kigali. By the end of 2019, Volkswagen Mobility Solutions Rwanda will have a fleet of more than 200 vehicles consisting of Polo, Amarok, Teramont and Passat.

Move App has about 27 000 registered users. Over 59 500 rides have been completed in the ride-hailing service since the beginning of 2019.

Thomas Schäfer commented: “The integrated mobility solutions business in Rwanda is our lighthouse project. In the past year, our operations in Kigali have provided us with valuable lessons and business intelligence which we plan to utilise in our growth strategy into other African markets like Ghana and Ethiopia.”

Sub-Sahara Africa expansion strategy gaining momentum

Africa is the last frontier for the automotive industry. Volkswagen’s long term goal is to play a leading and pioneering role in the development of the automotive industry in the continent. As such, Volkswagen has significantly expanded its engagement in Africa with the establishment of assembly facilities and marketing activities in Kenya, Rwanda and Nigeria. Ghana and Ethiopia are planned as the next locations.


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E-Business

Why JustMarkets Is a Strong Choice for Gold Trading

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Over the past four years, gold has risen by more than 400%. The precious metal has long been one of the most traded assets in global financial markets. From its role as a traditional store of value to its sensitivity to inflation, interest rates, and geopolitical uncertainty, gold continues to attract traders seeking efficient and predictable trading opportunities during a period of global uncertainty and high volatility.

Why JustMarkets Is a Strong Choice for Gold Trading

JustMarkets

For traders looking to effectively access gold markets, choosing the right trading environment is as important as timing their entry. One of the most popular and effective gold trading platforms is JustMarkets, offering the tools, conditions, and infrastructure to enable traders to achieve their most ambitious gold trading goals.

Tight Spreads on XAU/USD

Cost efficiency is a critical factor in gold trading, especially for active day traders. JustMarkets offers extremely competitive XAU/USD spreads, allowing traders to open and close positions with reduced transaction costs. Lower spreads can significantly impact short-term strategies, where precision and timing are key to effectively entering a trade. By minimizing trading costs, JustMarkets helps traders focus more on market analysis and finding the ideal entry point, and less on overhead.

Fast and Reliable Execution

Gold is recognized for its volatility, especially during the day, especially with economic announcements or geopolitical events. Speed is of the essence in volatile markets. JustMarkets provides high-speed execution of orders, which helps minimize the risks of delays, especially during periods of high volatility. This ensures that traders are able to respond better to market conditions, thereby having better control over trade management.

Flexible Trading Conditions

Each trader has their own approach to gold, ranging from intraday trading to position trading. JustMarkets offers flexible leverage and account types, enabling traders to adjust their exposure based on their risk tolerance and trading style. This flexibility is suitable for both conservative and aggressive traders while still allowing them to access the same global gold market.

Advanced Platforms and Tools

Successful gold trading is based on thorough technical and fundamental analysis. JustMarkets provides access to industry-standard trading platforms equipped with advanced charting tools, multiple timeframes, and a wide range of indicators for recognizing divergences and clear entry points. These features help traders analyze price trends, identify key levels, and plan their trades with greater confidence.

Accessibility via mobile devices and computers via the JustMarkets Mobile Trading app also ensures traders can monitor positions and market movements from anywhere and at any time.

Education and Market Support

Gold is also affected by factors such as inflation rates, central bank policies, and currency fluctuations. Understanding these factors is important for developing a structured trading strategy.

JustMarkets offers resources for traders, which provide information on how global events can impact the price of gold like case studies, daily, bank and weekly analysis. This is a knowledge-based system, which enables the trader to make more informed decisions rather than relying on the price movements of gold.

Trading Activities That Keep Gold Traders Engaged

In addition to the competitive trading environment, JustMarkets also runs various special activities and campaigns that aim to make the trading experience more interesting. At certain intervals, the special activities may include trading contests on specific trading instruments, such as gold, which are highly sought after by traders. This will give the traders an added impetus to keep trading.

The special activities are designed to encourage trading, consistency, and skill-building among the traders, along with the additional motivation for the trading strategies. This is also in line with the overall philosophy of JustMarkets to create a dynamic trading environment where trading, learning, and motivation are linked together.

A Trading Environment Built for Gold Traders

Gold is still one of the most dynamic markets with the greatest number of opportunities in the world. With tight spreads on XAU/USD, fast execution, flexible trading terms, and access to advanced analytical tools, JustMarkets creates an optimal trading environment for those who want to trade gold efficiently.

In addition to the comprehensive educational assistance, JustMarkets continues to position itself as a strong competitor for traders who are looking for professional trading conditions combined with growth opportunities.


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Microsoft Expands Africa AI Push while DeepSeek Gains Users

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Microsoft is stepping up its push to expand artificial-intelligence adoption across Africa as competition intensifies with Chinas DeepSeek for influence in one of the worlds youngest and fastest-growing digital markets.

Microsoft Expands Africa AI Push while DeepSeek Gains Users

The company plans to train 3 million Africans on its AI technologies this year through partnerships with schools, universities and other institutions, with a focus on South Africa, Kenya, Nigeria and Morocco.

The effort reflects Microsofts broader attempt to accelerate adoption of its AI ecosystem across emerging markets where developers and enterprises are increasingly experimenting with generative AI tools.

Alongside the training initiative, Microsoft is working with MTN Group (MTNOY), Africas largest telecommunications company, to distribute Microsoft 365 and its Copilot digital assistant to about 300 million subscribers.

The Elevate program is designed to expand AI literacy and reduce cost barriers that might otherwise limit adoption, according to regional leadership.

The push comes as Chinese technology firms expand their footprint across the continent, with DeepSeeks open-source models accounting for roughly 11% to 14% of chatbot use in several African markets and reaching about 20% in countries such as Ethiopia and Zimbabwe following investments tied to digital infrastructure and telecom networks.

Microsoft is also increasing its infrastructure investment in the region.

In South Africa, the company plans to invest 5.4 billion rand, or about $330 million, to expand its cloud and AI capacity by the end of next year, while it is also exploring plans for a geothermal-powered data center in Kenya.

Early corporate adoption is emerging across the continent, with South African grocer Spar Group using Copilot in ways that save more than 700 employee hours annually and Nigerias Access Holdings integrating AI into daily workflows.

Regional leadership has suggested broader AI adoption could potentially contribute up to $1.5 trillion to Africas gross domestic product by 2030 if governments and businesses continue investing in digital infrastructure and AI skills.

 


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Kaspersky Uncovers a New Android Malware Campaign Disguised as Starlink Application

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Kaspersky Global Research and Analysis Team (GReAT) has uncovered a new Android malware campaign in which cybercriminals distributed the BeatBanker Trojan under the guise of the Starlink application for Android.

Threat actors primarily target users from Brazil; nevertheless, Kaspersky experts don’t rule out that users from other countries may also face this threat.

The Trojan employs a Monero cryptocurrency miner and additionally installs a BTMOB remote administration tool (RAT) on the infected devices. To maintain its persistence, BeatBanker uses an uncommon mechanism involving a nearly inaudible looped audio file.

“At first we saw BeatBanker being distributed under the guise of a public services app; it installed a banking Trojan in addition to a cryptocurrency miner. However, our recent detection efforts uncovered a new campaign with another BeatBanker variant that deploys the BTMOB RAT instead of the banker module.

The attackers appear to be using a fresh lure with the Starlink app to reach more victims from different countries. Therefore, it is important for users to stay vigilant and use advanced solutions to protect their smartphones,” comments Fabio Assolini, Head of the Americas & Europe units at Kaspersky GReAT.

Initial vector of infection

Kaspersky experts believe that cybercriminals distribute a fake Starlink application containing the BeatBanker Trojan through phishing pages that mimic the Google Play Store. After execution on a compromised device, the Trojan displays a user interface that also mimics Google Play. Cybercriminals trick victims into granting installation permissions, thus allowing the download of additional hidden malicious payloads.

Crypto mining and BTMOB RAT module

When a user clicks UPDATE on the fake Google Play page, a Monero cryptocurrency miner deploys. BeatBanker monitors battery percentage and the temperature of an infected smartphone, as well as user activity after which a hidden cryptocurrency miner is started or stopped.

The Android Trojan also installs a BTMOB RAT on the compromised device. BTMOB enables full remote control and is sold as Malware-as-a-Service.

It is capable of automatic granting of permissions, hide system notifications and has mechanisms designed to capture screen lock credentials, including PINs, patterns and passwords on compromised devices. The malware also gives cybercriminals access to the front and rear cameras, GPS location monitoring and constant collection of sensitive data.

To ensure persistence and hinder uninstallation, BeatBanker maintains a fixed notification in the foreground and activates a foreground service with silent media playback. This tactic is designed to prevent the operating system from removing the malicious process.

Kaspersky’s products detect this threat as HEUR:Trojan-Dropper.AndroidOS.BeatBanker and HEUR:Trojan-Dropper.AndroidOS.Banker.*.

 


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