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Rivian wins preliminary approval for $6.6B federal loan for Georgia EV plant

Rivian (RIVN) announced late Thursday night that it won a “conditional commitment” from the Department of Energy (DOE) for a $6.6 billion loan, highlighting Rivian’s improving capital condition. The loan, part of the DOE’s Energy’s Advanced Technology Vehicle Manufacturing (ATVM) program, would support the construction of Rivian’s upcoming assembly plant located outside of Atlanta. Rivian […]

President Cyril Ramaphosa welcomes preliminary Mozambican election results, calling for peace and justice

President Cyril Ramaphosa has welcomed the preliminary results of the Mozambican General Elections by the National Electoral Commission (CNE). The general elections were held in Mozambique on October 9. The electoral results are expected to be validated and proclaimed by the Mozambican Constitutional Council in the next 14 days. Based on the preliminary results, Ramaphosa […]