The U.S. economy is one of the biggest issues for voters in the 2024 presidential contest between Joe Biden and Donald Trump. Biden campaigned this week on new tech investments. Trump says he will roll back Biden infrastructure spending and increase oil drilling. VOA’s Scott Stearns has the story.
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SYDNEY — An Australian study claims that China’s monitoring of global internet users’ online habits — a practice that has made TikTok controversial in the United States — extends far beyond the popular social media app to numerous other platforms and even online games.

The Australian Strategic Policy Institute, a research organization that receives funding from the Australian government and others overseas, said in a May 2 report that Beijing’s propaganda chiefs are forging ties with Chinese tech companies to gather personal data from a wide range of social media apps or platforms and popular online games.

They include ride-sharing app DiDi, the action game Genshin Impact, and Temu, the popular online marketplace.

The Australian study claims that China’s ambition is to harvest “strategically valuable” data from media, gaming, artificial intelligence and other emerging technologies.

It states that China is “working to extend its influence abroad to reshape the global information ecosystem … to strengthen its grip on power, legitimize its activities and bolster China’s cultural, technological, economic and military influence.”

There has been no response, so far, from Chinese authorities. Beijing has previously accused the Australian government of “anti-China hysteria” over various geopolitical and trade disputes.

Samantha Hoffman, the lead author of the Australian Strategic Policy Institute report, told the Australian Broadcasting Corporation this week that data obtained from apps, platforms and games could be valuable to China.

“That could be data on the way that users make decisions. [With] Temu, it could be preferences that indicate the likes and dislikes of particular demographics,” she said. “If China is trying to shape the way that the world perceives and understands truth and reality, then this data will help to make those efforts more successful over time.”

The report urged policymakers to “develop robust defenses and countermeasures to safeguard against future information campaigns orchestrated by Beijing.”

It also asserts that much attention has been given to the Chinese-owned platform TikTok because of concerns that the user data it collects could be shared with Chinese authorities. It cautions, however, the problem “runs much deeper than just TikTok.”

TikTok’s Chinese owner, ByteDance, has said it will mount a court challenge in the United States to what it called an “unconstitutional” law making its way through Congress that could require the platform to be sold or banned in that country.

ByteDance has denied collusion with the Chinese government.

Marina Zhang, an associate professor at the Australia-China Relations Institute at the University of Technology Sydney, told VOA she thinks the Strategic Policy Institute report is exaggerated.

“[The] Chinese propaganda machine is huge, but to link all social media apps [to] this propaganda machine is a bit of overstretching,” she said.

Zhang said she believes technological collaboration, and not confrontation, is in China’s best interests.

“If segregation is going to happen and if reports like this [are] going to happen, China will be isolated from the rest of the world,” Zhang said. “So, we do not want to see a total technological decoupling between China and the West in terms of not just applications but also eventually in technological infrastructure. That is not going to be good for anybody.”

Last year, Australia said it would ban TikTok on government devices, including cell phones, because of security and surveillance fears.
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«За ці кошти буде закуплено обладнання для відновлення високовольтної мережі, а також для кращої синхронізації енергосистеми України та ЄС»
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DETROIT — Federal investigators say they have “significant safety concerns” about a Ford SUV recall repair that doesn’t fix gasoline leaks that can cause engine fires.

The U.S. National Highway Traffic Safety Administration is demanding volumes of information from the automaker as it investigates the fix in a March 8 recall of nearly 43,000 Bronco Sport SUVs from the 2022 and 2023 model years, and Escape SUVs from 2022. All have 1.5-liter engines.

Ford says the SUVs have fuel injectors that will crack, allowing gas or vapor to leak near hot engine parts that can cause fires, fuel odors and an increased risk of injuries.

In an April 25 letter to Ford released Thursday, the agency’s Office of Defects Investigation wrote that based on its review of the recall repairs, it “believes that the remedy program does not address the root cause of the issue and does not proactively call for the replacement of defective fuel injectors prior to their failure.”

Ford’s remedy for the leaks is to add a drain tube to send the gas away from hot surfaces, and a software update to detect a pressure drop in the fuel injection system. If that happens, the software will disable the high-pressure fuel pump, reduce engine power and cut temperatures in the engine compartment. Owners also will get a “seek service” message.

But in the 11-page letter to the automaker, the agency asks Ford to detail any testing it did to verify the remedy resolved the problem and whether hardware repairs are needed. It also asks the company to explain any other remedies that were considered and any cost-benefit analysis the company did when it picked the fix.

Safety advocates have said Ford is trying to avoid the cost of replacing the fuel injectors and instead go with a cheaper fix that drains gasoline to the ground.

Ford said Thursday that it is working with the NHTSA during its investigation.

NHTSA also is asking ford to detail how the software will detect a fuel pressure drop, how much time elapses between cracking and detection, and what messages will be sent to the driver. It also asks what effect disabling the high-pressure fuel pump has on other fuel system parts, and how the SUVs will perform when the pump is disabled.

The agency also wants to know how much fuel will leak and whether the amount complies with federal environmental and safety standards. And it wants to hear Ford’s take on “its obligations (legal, ethical, environmental and other) to prevent and/or limit fuel leakage onto the roadway at any point during a vehicle’s lifespan.”

Ford has to provide information to the agency by June 21, the letter said. Depending on the results of its investigation, the agency can seek additional repairs that fix the fuel leaks.

The company has said in documents that it has reports of five under-hood fires and 14 warranty replacements of fuel injectors, but no reports of crashes or injuries.

In a previous email, Ford said it is not replacing fuel injectors because it is confident the recall repairs “will prevent the failure from occurring and protect the customer.” The new software triggers a dashboard warning light and allows customers to drive to a safe location, stop the vehicle and arrange for service, the company said. NHTSA documents filed by Ford say the problem happens only in about 1% of the SUVs.

The company also said it will extend warranty coverage for cracked fuel injectors, so owners who experience the problem will get replacements. Repairs are already available, and details of the extended warranty will be available in June, Ford said.

The recall is an extension of a 2022 recall for the same problem, according to Ford. The repair has already been tested on vehicles involved in the previous recall, and Ford said it’s not aware of any problems.

The company also said it isn’t recommending that the SUVs be parked only outdoors because there’s no evidence that fires happen when vehicles are parked, and the engines are off.

NHTSA said in documents that in the 2022 recall, which covered nearly 522,000 Bronco Sports and Escapes, Ford had the same remedy as the latest recall.

 
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MELBOURNE, Australia — Air Vanuatu filed for bankruptcy protection on Friday a day after the South Pacific state-owned carrier cancelled all international flights, stranding thousands of travelers.

The airline on Wednesday canceled more than 20 flights to and from the Australian cities of Sydney and Brisbane, and the New Zealand city of Auckland for the rest of the week. The airline said it was the result of “extended maintenance requirements” on their aircraft.

Ernst & Young Australia’s Morgan Kelly, Justin Walsh and Andrew Hanson were appointed liquidators in an equivalent of a U.S. Chapter 11 bankruptcy, the firm said in a statement. The liquidators said safety and maintenance checks would be made before normal operations resumed.

Kelly said the airline’s existing management team would remain in place.

“Air Vanuatu is critical to the people of the Republic of Vanuatu and a strategically important business to the nation,” Kelly said. “Our team is working closely with management to ensure continuity of service to customers and to ensure services continue as seamlessly as possible.”

“The outlook for the airline is positive, despite pressures on the broader industry, and we will be focused on securing the future of this strategically vital national carrier,” he added.

Affected travelers would be informed of this disruption and rebooked on flights as soon as operations resumed, the statement said.

Air Vanuatu operates four planes, including one Boeing 737 and three turboprop planes.

Tourism contributed 40% of Vanuatu’s gross domestic product.

The Vanuatu Tourism Office apologized to travelers for the disruption.

“This is an evolving situation and we will continue to post updates,” the office said in a statement.

The office’s chief executive Adela Issachar said the administrator was in discussions with Virgin Australia and Fiji Airways, airlines that currently service Vanuatu, about flying stranded passengers.

“The updated schedule should be advised soon so we’re all looking forward for that,” Issachar told Australian Broadcasting Corp.

Kelly said Air Vanuatu had been impacted by labor shortages, rising operating costs, elevated interest rates and tropical cyclones on tourist numbers in recent years.

“We’ll be looking at all options. And the Vanuatu government has indicated that they would prefer to resume operations as quickly as possible. Our role as voluntary liquidators will be to look at to assess all options to achieve that and make that sustainable,” Kelly told reporters.

“So that might involve some kind of sale process, it may involve some kind of partnership arrangement with another airline,” Kelly added.

Australian tourist Sally Witchalls said she and four friends had been checking out of their Port Vila hotel on Wednesday morning when they were told at reception that their Air Vanuatu flight would not fly that day.

She has since discovered that her travel insurance did not cover an airline going into voluntary administration, as Air Vanuatu had done, or bankrupt.

“We’re now on our own working out how we pay for the accommodation from here on out while we wait to see how the situation with Air Vanuatu unfolds,” Witchalls told ABC.
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Beijing — Two of China’s wealthiest cities said Thursday they would lift all restrictions on buying homes, joining a growing list of urban areas rolling back curbs as they look to prop up the faltering property market.

Many Chinese cities imposed restrictions and tough credit requirements on home purchases well over a decade ago in an effort to tamp down soaring prices and rampant speculation.

But they are now reversing those policies in a bid to stem an economic slump characterized by a debt crisis among developers, low demand and falling prices.

The eastern city of Hangzhou — home to 12.5 million people — said Thursday it had ditched all purchase restrictions “to promote the [market’s] stable and healthy development”.

“From the date of issuance… those who buy lodgings within the bounds of this city will no longer have their purchasing qualifications reviewed,” it said.

Hangzhou, a major innovation hub home to tech giants such as Alibaba, is one of the most desirable and expensive places to buy property in China.

In a separate announcement, the northwestern city of Xi’an, which has a population of 13 million, said it had also cancelled all such restrictions.

The announcements quickly racked up more than 230 million views on social media site Weibo, where many users were doubtful the policy would make any difference.

“With Hangzhou’s house prices, what’s the point of cancelling buying restrictions? I still can’t afford it,” wrote one commenter.

Bill Bishop, publisher of the influential Sinocism newsletter, called the move “a sign of desperation.”

“If this does not goose sales there will be more trouble as prices will have to adjust downward a lot,” he wrote on social media site X.

More than 20 cities have abolished home purchase restrictions since the beginning of last year, according to an AFP tally.

Chengdu in southwestern China said last month it would no longer look at prospective buyers’ household registration documents, social security and other conditions before greenlighting purchases.

Several of the biggest cities, including Beijing, Shanghai and Shenzhen, have partly lifted curbs but have resisted dumping them entirely.

Property and construction account for more than a quarter of China’s gross domestic product, but the sector has been under unprecedented strain since 2020.

That year, authorities tightened developers’ access to credit in a bid to reduce mounting debt.

Since then, major companies including Evergrande and Country Garden have teetered on bankruptcy, while falling prices have dissuaded consumers from investing in property.

Measures introduced by the central government to support the sector have so far had little effect.

And President Xi Jinping has largely stuck to his often-touted maxim that “houses are for living in, not for speculation.”

Last month, the International Monetary Fund said China’s economic recovery from the pandemic could falter if the crisis was not properly addressed.

“Without a comprehensive response to the troubled property sector, growth could falter, hurting trading partners,” it warned in its World Economic Outlook report.
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New York — TikTok will begin labeling content created using artificial intelligence when it’s uploaded from certain platforms.

TikTok says its efforts are an attempt to combat misinformation from being spread on its social media platform.

The announcement came on ABCs “Good Morning America” on Thursday.

“Our users and our creators are so excited about AI and what it can do for their creativity and their ability to connect with audiences.” Adam Presser, TikTok’s Head of Operations & Trust and Safety told ABC News. “And at the same time, we want to make sure that people have that ability to understand what fact is and what is fiction.”

TikTok’s policy in the past has been to encourage users to label content that has been generated or significantly edited by AI. It also requires users to label all AI-generated content where it contains realistic images, audio, and video.
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Штаб із підготовки до опалювального періоду почав роботу. Прем’єр назвав його задачею «подолати наслідки російського терору»
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Nairobi, Kenya — Digital experts called on African countries Tuesday for laws to protect the data of individuals and businesses, saying that a single digital market in which data can safely flow across borders would help overcome barriers to commerce and trade on the continent.

African government information and communications technology representatives, international organizations, diplomats and experts are meeting in Nairobi, Kenya, this week to discuss how data can move freely from one country to another without risking people’s privacy and safety.

Kenyan Information, Communication and Digital Economy Minister Eliud Owalo said Africa needs to improve its laws to deal with emerging issues in the digital space.

“What will enable African countries to remain relevant in the digital marketplace will be our level of creativity and innovation, strategic agility and maneuverability in the digital space,” he said. “And that means we need to continuously, based on what is happening in our operational environment, look at our laws, policies and regulations.”

In its 2023 Londa report, the Paradigm Initiative — an organization that monitors digital rights, environment and inclusion in Africa — said internet shutdowns and disruptions, data protection, disinformation, cybersecurity, surveillance and a lack of freedom of expression and information affect the continent’s digital growth and sustenance.

Experts say that data plays an important role in every sector and that sharing it makes information more accessible, increases collaboration and facilitates knowledge exchange, leading to innovation and growth in business and relations among states.

Paul Russo, the head of Kenya Commercial Group, which operates in seven African countries, says the discussion about data sharing and security is important for businesses.

“This is not only a new area that we need to work together to bring to life, but I also think it’s important for our own businesses to be sustainable,” he said. “At the heart of every business, particularly for those of us in the private sector, is data — both integrity and confidentiality and protection of that data.”

Data misuse and abuse is a worldwide concern, and fears continue to spark debate on how best to safeguard, regulate, monitor and benefit from the available data.

European Union Deputy Head of Mission to Kenya Ondrej Simek said that data protection requires global effort and that gaps must be filled through law.

“Collaboration between data protection authorities around the world is needed to advance the regional and global harmonization of legal and regulatory frameworks,” Simek said.

“One area of specific importance is that of safe cross-border data flows,” he said. “A first step is ensuring the data protection laws are in place. The second one is obviously to operationalize them effectively. These are critical steps toward Africa’s single digital market and toward a global area for safe data exchange.”
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Washington — The United States has revoked certain licenses for exports to Chinese tech giant Huawei, the Commerce Department said, drawing opposition from Beijing on Wednesday.

The move came after criticism last month by Republican lawmakers, who urged President Joe Biden’s administration to block all export licenses to the company after it released a new laptop powered by a processor by U..S chip giant Intel.

“We continuously assess how our controls can best protect our national security and foreign policy interests, taking into consideration a constantly changing threat environment and technological landscape,” said a Commerce Department spokesperson.

“We are not commenting on any specific licenses, but we can confirm that we have revoked certain licenses for exports to Huawei,” the spokesperson added in a statement to AFP.

Huawei has long been caught in an intense technological rivalry between Beijing and Washington, which has warned that the firm’s equipment could be used for Chinese espionage operations.

The company denies these claims.

Sanctions in 2019 restricting Huawei’s access to U.S.-made components dealt a major blow to its production of smartphones — and meant that suppliers need a license before shipping to the company.

Asked about reports that the U.S. government had revoked some companies’ licenses, a Chinese Commerce Ministry spokesperson said Beijing “firmly opposes this.”

“China will take all necessary measures to firmly safeguard the legitimate rights and interests of Chinese firms,” the spokesperson added.

The announcement of a new Huawei computer recently, powered by Intel technology, drew fire from Republican lawmakers in the United States. 

A letter by policymakers Marco Rubio and Elise Stefanik charged that “licenses issued in 2020, at least some of which are active to this day, have allowed Huawei to collaborate with Intel and Qualcomm to keep its PC and smartphone segments alive.”

It criticized the allowance of US tech into Huawei’s new product.
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LONDON — Chinese President Xi Jinping offered few concessions to his counterpart and host Emmanuel Macron as he wrapped up a two-day visit to France on Tuesday evening. Both presidents are seeking to mend ties on Xi’s first trip to Europe in five years, after relations were soured by trade disputes and Beijing’s support for Russia in its invasion of Ukraine.

Macron invited Xi high into the Pyrenees Mountains, the home region of the French president’s maternal grandmother. Beneath snowy peaks shrouded in fog, the two leaders and their wives watched traditional dancers before dining on locally produced ham, lamb, cheese and blueberry pie.

French officials said the mountain trip on Tuesday would provide a chance for less- formal one-on-one discussions after the pomp and ceremony of Xi’s official state welcome in Paris on Monday.

Relations have worsened significantly since Xi last visited the region in 2019, before the coronavirus pandemic. Europe accuses Beijing of subsidizing industries that are undercutting its own companies in areas such as electric vehicles — but Macron told his Chinese guests that the European Union is not seeking to cut economic ties.

“Our shared objective is to continue our relationship,” Macron told delegates Monday at the Franco-Chinese Business Council in Paris. “There is no logic in decoupling from China. It’s a desire to preserve our national security, just as you do for your own. It’s a desire for mutual respect and understanding, and a desire to continue to open up trade, but to ensure that it is fully fair at all times, whether in terms of tariffs, aid or access to markets.”

WATCH: While visiting France, Xi offers few concessions over trade, Russia

China’s response

Xi made no immediate concessions, said analyst Steve Tsang, director of the China Institute at the University of London School of Oriental and African Studies.

“Xi Jinping does not feel that China has an overcapacity issue. And he feels that the European position on Chinese EVs, for example, is unreasonable. But then of course he is also trying to engage with the French and potentially having a leading Chinese car manufacturer setting up facilities in France, as a kind of incentive to persuade that maybe it’s in France’s interest to engage with China and welcome Chinese EVs,” Tsang told VOA.

The trade relationship is tilted in Beijing’s favor, according to Nicholas Bequelin, a senior fellow at Yale Law School’s Paul Tsai China Center.

China “has a major export economy towards Europe. The trade deficit in Europe is huge and growing. The de-risking or anti-subsidy policies that the European Union wants to put in place will take a lot of time — and because they affect the different countries in the European Union differently, it is very difficult to get to an agreement,” Bequelin said.

Russia threat

Europe faces the more pressing security threat of Russia, as the Kremlin’s forces slowly advance in eastern Ukraine. China has given Moscow diplomatic and economic support, despite Western appeals for Beijing to help end the illegal invasion.

Xi declared a “no limits” partnership when Russian President Vladimir Putin visited Beijing in February 2022, just days before the Kremlin’s tanks rolled across the Ukrainian frontier.

A recent U.S. assessment concluded that China is providing vital components such as machine tools and microelectronics that Russia is using to make weapons. Last year, trade between China and Russia hit a record $240 billion.

Speaking in Paris Monday, Xi rejected European accusations that China was aiding Russia’s war.

“China is neither the creator of the crisis, nor a party, a participant of the war. However, we didn’t just watch the fire burning across the river but have been playing an active role in achieving peace,” Xi told reporters.

Europe’s message

China’s claim is demonstrably false — and European leaders must take a tougher line, said analyst Igor Merheim-Eyre, a policy adviser at the European Parliament and research fellow at the University of Kent.

“We’ve already had [German] Chancellor Olaf Scholz, we’ve had Macron, we’ve had Charles Michel, the president of the European Council, we have [EU Commission] President [Ursula] von der Leyen, all making trips to Beijing and repeating the same message: that China should not be supporting Russia in its aggression against Ukraine. And in those two years, I see no change,” Merheim-Eyre told VOA.

“What they’ve really failed at is spelling out to Xi Jinping what will be the cost of China supporting Russia’s war of aggression — which it clearly is. I mean if it wasn’t, we wouldn’t already have four Chinese companies on the EU sanction list. And the circumventions are much broader than that,” he said.

Costs for China

Europe should make the costs clear, said analyst Tsang, because China’s “policy has always been one of declaring neutrality, supporting Putin and refusing to pay a price for that.”

Sanctioning Chinese companies that are supplying Russia’s military would likely be effective, he said. “For Xi Jinping, the important thing is that he stays in power, and that means he has to keep the Chinese economy on an even keel. Supporting Putin is a desirable thing — but fundamentally staying in power overrides the aspirational goal of undermining U.S. global preeminence and leadership.” Tsang said.

“Shared interest”

Von der Leyen on Monday urged Beijing to help end the war. “We agree that Europe and China have a shared interest in peace and security. We count on China to use all its influence on Russia to end Russia’s war of aggression against Ukraine,” she said in a recorded video address.

But European leaders should be more realistic about Beijing’s ambitions, argued analyst Merheim-Eyre.

“I’m looking at my world map, and I’m trying to see where exactly this common interest lies. Because wherever I look, from Africa to the South China Sea to Ukraine, China is playing a destructive role, and I do not see common areas of interest in these matters.”

After visiting France, Xi was headed Tuesday for Serbia, a key Balkan partner in Beijing’s Belt and Road investment program. On Wednesday, Xi is due to travel to Hungary, his closest European ally and a longtime thorn in the side of EU unity on Russia and China policy.

VOA’s Mandarin Service contributed to this story.
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Після цього рішення має ухвалити Рада з економічних та фінансових питань 14 травня
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«Позивачі сформували такі позовні вимоги, наслідком задоволення яких є повернення їм акцій банку, однак закон це прямо забороняє», заявляє НБУ
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За словами представника уряду, Кабінет міністрів вніс зміни до відповідного документу на засіданні сьогодні
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«Така лібералізація відкриє нові можливості для українських підприємців — виходити на нові ринки, посилювати український експорт», вважає прем’єр
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За словами Дедондер, Брюссель підтримує обороноздатність України з допомогою податків на прибутки від заморожених російських активів
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«В нас є додаткові незаконтрактовані спроможності, і ми хочемо, щоб вони були профінансовані за рахунок європейських коштів»
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«Система на сьогодні стабільна, але ситуація досить складна»
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NAIROBI, Kenya — When Ademola Adesina founded a startup to provide solar and battery-based power subscription packages to individuals and businesses in Nigeria in 2015, it was a lot harder to raise money than it is today.

Climate tech was new in Africa, the continent was a fledgling destination for venture capital money, there were fewer funders to approach and less money was available, he said.

It took him a year of “running around and scouring” his networks to raise his first amount — just under $1 million — from VC firms and other sources. “Everything was a learning experience,” he said.

But the ecosystem has since changed, and Adesina’s Rensource Energy has raised about $30 million over the years, mostly from VC firms. 

Funding for climate tech startups in Africa from the private sector is growing, with businesses raising more than $3.4 billion since 2019. But there’s still a long way to go, with the continent requiring $277 billion annually to meet its climate goals for 2030.

Experts say to unlock financing and fill this gap, African countries need to address risks like currency instability that they say reduce investor appetite, while investors need to expand their scope of interest to more climate sectors like flood protection, disaster management and heat management, and to use diverse funding methods.

Still, the investment numbers for the climate tech sector — which includes businesses in renewable energy, carbon removal, land restoration and water and waste management — are compelling: Last year, climate tech startups on the continent raised $1.04 billion, a 9% increase from the previous year and triple what they raised in 2019, according to the funding database Africa: The Big Deal. That was despite a decline in the amount of money raised by all startups in total on the continent last year.

That matters because climate tech requires experimentation, and VC firms that provide money to nascent businesses are playing an essential role by giving climate tech startups risk capital, said Adesina. “In the climate space, a lot of things are uncertain,” he said.

The money raised by climate tech startups last year was more than a third of all funds raised by startups in Africa in 2023, placing climate tech second to fintech, a more mature sector.

Venture capital is typically given to businesses with substantial risk but great long-term growth potential. Startups use it to expand into new markets and to get products and services on the market.

Venture capitalists “can take risks that other people cannot take, because our business model is designed to have failures,” said Brian Odhiambo, a Lagos-based partner at Novastar Ventures, an Africa-focused investor. “Not everything has to succeed. But some will, and those that do will succeed in a massive way.”

That was the case for Adetayo Bamiduro, co-founder of MAX, formerly Metro Africa Xpress, which makes electric two- and three-wheelers and electric vehicle infrastructure in Nigeria and has raised just under $100 million since it was founded in 2015.

Adetayo said venture capitalists “are playing a catalytic role that is extremely essential.”

“We all know that in order to really decarbonize our economies, investments have to be made. And it’s not trivial investment,” he said.

The funds can also bridge the gap between traditional and non-traditional sectors, said Kidus Asfaw, co-founder and CEO of Kubik, a startup that turns difficult-to-recycle plastic waste into durable, low-carbon building material. His company, which operates in Kenya and Ethiopia, has raised around $5.2 million since it was launched in 2021.

He cites waste management and construction as examples of traditional sectors that can connect with startups like his.

“There’s so much innovation in these spaces that can transform them over time,” he said. “VCs are accelerating that pathway to transforming them.”

Besides venture capital, other investments by private equity firms, syndicates, venture builders, grant providers and other financial institutions are actively financing climate initiatives on the continent.

But private sector financing in general lags far behind that of public financing, which includes funds from governments, multilaterals and development finance institutions.

From 2019 to 2020, private sector financing represented only 14% of all of Africa’s climate finance, according to a report by the Climate Policy Initiative, much lower than in regions such as East Asia and Pacific at 39%, and Latin America and the Caribbean at 49%.

The low contribution in Africa is attributed to the investors putting money in areas they’re more familiar with, like renewable energy technology, with less funding coming in for more diverse initiatives, said Sandy Okoth, a capital market specialist for green finance at FSD Africa, one of the commissioners of the CPI study.

“The private sector feels this (renewable energy technology) is a more mature space,” he said. “They understand the funding models.”

Technology for adapting to climate change, on the other hand, is “more complex,” he said.

One startup working in renewable energy is the Johannesburg-based Wetility, which last year secured funding of $48 million — mostly from private equity — to expand its operations.

The startup provides solar panels for homes and businesses and a digital management system that allows users to remotely manage power usage, as it tries to solve the problems of energy access and reliability in southern Africa.

“Private sector financing in African climate is still rather low,” said founder and CEO Vincent Maposa. “But there’s visible growth. And I believe that over the next decade or so, you’ll start to see those shifts.”

Investors are also starting to understand the economic benefits of adapting to climate change and solutions as they have returns on investment, said Hetal Patel, Nairobi-based director of investments at Mercy Corps Ventures, an early-stage VC fund focused on startups building solutions for climate adaptation and financial resilience.

“We’re starting to build a very strong business case for adaptation investors and make sure that private capital flows start coming in,” he said.

Maelis Carraro, managing partner at Catalyst Fund, a Nairobi-based VC fund and accelerator that funds climate adaptation solutions, urged more diverse funding, such as that which blends private and public sector funding. The role of public financing, she said, should be to de-risk the private sector and attract more private sector capital into financing climate initiatives.

“We’re not gonna go far enough with just the public funding,” she said. “We need the private sector and the public sector to work together to unlock more financing. And in particular looking beyond just a few industries where the innovation is writ large.”
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EDWARDS AIR FORCE BASE, Calif. — With the midday sun blazing, an experimental orange and white F-16 fighter jet launched with a familiar roar that is a hallmark of U.S. airpower. But the aerial combat that followed was unlike any other: This F-16 was controlled by artificial intelligence, not a human pilot. And riding in the front seat was Air Force Secretary Frank Kendall.

AI marks one of the biggest advances in military aviation since the introduction of stealth in the early 1990s, and the Air Force has aggressively leaned in. Even though the technology is not fully developed, the service is planning for an AI-enabled fleet of more than 1,000 unmanned warplanes, the first of them operating by 2028.

It was fitting that the dogfight took place at Edwards Air Force Base, a vast desert facility where Chuck Yeager broke the speed of sound and the military has incubated its most secret aerospace advances. Inside classified simulators and buildings with layers of shielding against surveillance, a new test-pilot generation is training AI agents to fly in war. Kendall traveled here to see AI fly in real time and make a public statement of confidence in its future role in air combat.

“It’s a security risk not to have it. At this point, we have to have it,” Kendall said in an interview with The Associated Press after he landed. The AP and NBC were granted permission to witness the secret flight on the condition that it would not be reported until it was complete because of operational security concerns.

The AI-controlled F-16, called Vista, flew Kendall in lightning-fast maneuvers at more than 800 kph that put pressure on his body at five times the force of gravity. It went nearly nose to nose with a second human-piloted F-16 as both aircraft raced within 305 meters of each other, twisting and looping to try force their opponent into vulnerable positions.

At the end of the hour-long flight, Kendall said he’d seen enough to trust this still-learning AI to decide whether to launch weapons in war.

There’s a lot of opposition to that idea. Arms control experts and humanitarian groups are deeply concerned that AI one day might be able to autonomously drop bombs that kill people without further human consultation, and they are seeking greater restrictions on its use.

“There are widespread and serious concerns about ceding life-and-death decisions to sensors and software,” the International Committee of the Red Cross has warned. Autonomous weapons “are an immediate cause of concern and demand an urgent, international political response.”

Kendall said there will always be human oversight in the system when weapons are used.

The military’s shift to AI-enabled planes is driven by security, cost and strategic capability. If the U.S. and China should end up in conflict, for example, today’s Air Force fleet of expensive, manned fighters will be vulnerable because of gains on both sides in electronic warfare, space and air defense systems. China’s air force is on pace to outnumber the U.S. and it is also amassing a fleet of flying unmanned weapons.

Future war scenarios envision swarms of American unmanned aircraft providing an advance attack on enemy defenses to give the U.S. the ability to penetrate an airspace without high risk to pilot lives. But the shift is also driven by money. The Air Force is still hampered by production delays and cost overruns in the F-35 Joint Strike Fighter, which will cost an estimated of $1.7 trillion.

Smaller and cheaper AI-controlled unmanned jets are the way ahead, Kendall said.

Vista’s military operators say no other country in the world has an AI jet like it, where the software first learns on millions of data points in a simulator, then tests its conclusions during actual flights. That real-world performance data is then put back into the simulator where the AI then processes it to learn more.

China has AI, but there’s no indication it has found a way to run tests outside a simulator. And, like a junior officer first learning tactics, some lessons can only be learned in the air, Vista’s test pilots said.

Vista flew its first AI-controlled dogfight in September 2023, and there have only been about two dozen similar flights since. But the programs are learning so quickly from each engagement that some AI versions being tested on Vista are beating human pilots in air-to-air combat.

The pilots at this base are aware that in some respects, they may be training their replacements or shaping a future construct where fewer of them are needed.

But they also say they would not want to be up in the sky against an adversary that has AI-controlled aircraft if the U.S. does not also have its own fleet.

“We have to keep running. And we have to run fast,” Kendall said.
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