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(VIDEO) 25-year-old Togolese inventor constructs 4-wheel-drive from recycled materials

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A 25-year-old inventor in Togo, Sourou-Edjareyo Malazouwe, has entered the history books after he constructed a 4×4 car using locally made recycled materials.

Malazouwe, who described himself as a self-taught engineer with a passion for sport cars, told journalists on Friday during an exhibition of the 4-wheel drive that he embarked upon the venture of making the car himself because he could not afford to buy one.

“I finished secondary school in 2016 and after that, I started my own business, selling and repairing mobile phones and computers. It’s because of that that I could afford to build this car,” he said.

He said he started work on the last year ago in his workshop in the Forever district of the capital, Lomé, and the first model named ‘RAF-X Raptor‘, has been out on the road for some time now.

“I used a lot of recycled parts. I paid for a few new ones. In this box you can see parts from Titan buses, from motorcycles, from cars, it depends. I get the parts from everywhere which is how I manage,” he said.

“There are plenty of people who are impressed by the car and I have received several orders for one, but I am currently working on fixing some probems with my garage,” he added.

Malazouwe’s efforts have not gone unnoticed as he was invited in May to meet with Togo’s Prime Minister, Victoire Tomégah-Dogbé Dogbé.

After the meeting, Dogbé tweeted that she was amazed and charmed by Malazouwe’s genius.

“I told him how proud we were and reiterated the government’s commitment to support him,” she wrote.

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ADB signs $15m transaction guarantee facility with Zimbabwe’s NMB Bank

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The African Development Bank (ADB) has signed a $15 million Trade Finance Transaction Guarantee Facility with Zimbabwe’s NMB Bank aimed at unlocking trade finance opportunities for small and medium-sized enterprises, as well as agri-business and trade distribution value chains in the country.

At the signing ceremony held at the NMB Bank Headquarters in Harare, ADB Country Manager for Zimbabwe, Moono Mupotola, signed on behalf of the Bank while NMB Bank Chief Executive Officer, Gerald Gore, signed on behalf of the bank.

Speaking shortly after the brief ceremony, Mupotola said the African Development Bank’s board had earlier approved the project in November 2023, with the facility offering up to 100% coverage to confirming banks, effectively mitigating non-payment risks linked to NMB Bank’s trade transactions on a per-transaction basis.

“It is tailored to support trade between Zimbabwe and other African countries and with overseas markets by significantly diminishing the risk for international financial institutions actively engaging in trade finance activities with Zimbabwean businesses,” Mupotola said.

“The African Development Bank is committed to supporting the development of the private sector in Zimbabwe. This is a significant step forward in supporting the growth and competitiveness of Zimbabwean businesses.

“By mitigating risk and facilitating access to trade finance, we are empowering SMEs and local corporates to participate more actively in regional and international trade,” she said.

Also speaking, Gore emphasized the agreement’s importance for Zimbabwe’s economic development.

“This facility will be instrumental in enabling NMB to provide crucial trade finance support to a wider range of Zimbabwean businesses. This will not only unlock new trade opportunities but also contribute to job creation and economic growth.

“SMEs often face challenges in accessing trade finance compared to their larger counterparts. This initiative directly addresses this gap, fostering a more vibrant and inclusive business environment in Zimbabwe,” Gore said.

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Ghana’s communications regulator predicts subsea cable repairs could take five weeks

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According to Ghana’s communications regulator, it will likely take at least five weeks to fully restore service relying on the damaged subsea cables causing internet outages throughout West and Central Africa.

Many businesses that are connected to the internet and telecommunications, such as banks, phone companies, money transfer services, and stock exchange markets, have been severely disrupted as a result of the cable break.

Equinix, a data centre operator, reported on Friday that a “external incident” caused a cut to its cable system in the Atlantic Ocean, off the coast of West Africa, near Cote D’Ivoire. It excluded human activity as the reason.

 

The four subsea cable landing service providers—Africa Coast to Europe (ACE), MainOne, which is owned by data centre operator Equinix (EQIX.O), opens new tab, South Atlantic 3 (SAT-3) and the West Africa Cable System (WACS)—as well as mobile network operators were present at the meeting, according to Ghana’s National Communications Authority.

“The cable landing service providers have indicated an estimated time frame of a minimum of five weeks for full service restoration from the time the vessels are dispatched to the various locations,” the regulator said.

It stated that the service providers had determined the general location of the damage and were getting ready to send out repair ships.

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