Well known as having a very enterprising population, in both good and bad ways, it should not be surprising that Nigeria's largest city, Lagos, may soon be home to one of the world's most innovative transportation systems.
Industry and commerce will be profoundly affected by five megatrends that will radically change the world as we know it, according to the visionaries at Schneider Electric. Ruari McCallion met them at the Life is On: Innovation Summit in Paris.
A new US-based organisation, called the Renewable Energy Buyers Alliance, has been created to assist companies, including manufacturers, to purchase a greater proportion of their electricity from renewable sources.
Current, a startup of sorts created by GE around six months ago, has announced the acquisition of Daintree Networks, an Australian-based Industrial Internet provider of building controls systems for commercial facilities, for US$100m (£69m).
Ford produces about 20 million pounds (9 million kg) of aluminum stamping scrap per month, which is recycled as a part of the company's closed loop recycling system and goes on to provide parts for the F-150.