Connect with us
Anglostratits

Business

Alfa Romeo “MILANO” History in a name

Published

on

Alfa Romeo

In April 2024 in Milan, Alfa Romeo will unveil to the world the first Sport Urban Vehicle in its history, which will also be available in a 100% electric version

Egalement disponible en Français

POISSY, France, January 18, 2024/APO Group/ — 

Its name will be MILANO. Alfa Romeo (www.AlfaRomeo.com) has chosen a name with a strong historical value for the brand’s first Sport Urban Vehicle, faithful to its sporting DNA, which will also be available in a 100% electric version; A clear tribute to its hometown, ambassador of Made in Italy around the world, international capital of design, symbol of innovation and sustainability, and leader in the automotive transition to electric; Since 1910, the Alfa Romeo logo has consisted of the Cross, the historical symbol of the capital of Lombardy, and the Biscione serpent, the coat of arms of the noble Visconti family. For over 60 years (from 1910 through 1972), the city’s name formed an integral part of the logo; Alfa Romeo MILANO will be unveiled to the international press in April 2024, in Milan itself; Alfa Romeo will be taking advantage of this opportunity to take stock of the founding of Stellantis in 2021: solidity and discipline in the implementation of the announced plan, full compliance with the transition process to electric, quality targets achieved and acknowledged globally; Finally, a focus on 2023, now coming to an end with figures showing solid global growth: up 34% compared to 2022 in the year to date to November.

In April 2024 in Milan, Alfa Romeo will unveil to the world the first Sport Urban Vehicle in its history, which will also be available in a 100% electric version. It will be named MILANO, a genuine tribute to the city where it all began on June 24, 1910.

With Alfa Romeo MILANO, the brand rejoins the B-segment, the biggest in Europe, with a new proposal that fully embodies the brand’s DNA of noble Italian sportiness.  The first 100% electric Sport Urban Vehicle that represents the new gateway to the Alfa Romeo world for everyone, Alfisti fans and beyond, who has been awaiting the brand’s return to the segment.

Jean-Philippe Imparato | Alfa Romeo CEO

With the arrival of MILANO in 2024, Alfa Romeo completes a line-up capable of meeting the desires of all our enthusiasts and much more. MILANO is intended as a symbolic ‘welcome back’ to all our Alfisti fans. As owners of the Giulietta and Mito, they have been waiting to confirm their love for Alfa Romeo. It also serves as a ‘welcome’ to anyone looking for a unique sporting experience in this segment and the distinctive beauty of Italian design.

MILANO is the first milestone in the brand’s transition process to electric and, like the Tonale, has the important task of further strengthening Alfa Romeo’s global presence.

The choice of the name “MILANO”, encapsulated in the brand’s history.

Little marks the identity of an automaker more than its identifying logo.

Since 1910, the Alfa Romeo emblem has included two of the symbols that identify Milan: The cross, the historical symbol of the capital of Lombardy, and the Biscione serpent, the coat of arms of the noble Visconti family and one of the city’s most iconic emblems. For over 60 years (1910–1972), the name MILANO featured in the lower part of the logo. Through 1918, it was accompanied by the acronym “A.L.F.A.” (Anonima Lombarda Fabbrica Automobili), then from 1919 by “ALFA ROMEO.”

Always a symbol of the avant-garde, Milan now acts as an international manifesto of modernity, innovation, and sustainability. Considered one of the icons of the arts and of Made in Italy around the world, Milan has always played a crucial cultural role in the fields of fashion, design, and music.

Alfa Romeo has chosen Milan, its home, to embark on a new, exciting, and daring chapter in its history: reinterpreting sportiness in the 21st century.

This decision therefore goes beyond the iconic names of past models and those of mountain passes used more recently, to link up once again with its Italian origins. Its bold ambition is to export around the world the values that have always made it a unique brand.

The brand’s balance sheet, almost three years after Stellantis was founded

MILANO is the first milestone in the brand’s transition process to electric and, like the Tonale, has the important task of further strengthening Alfa Romeo’s global presence

The brand’s commercial performance in 2023 serves as natural recognition of the work of a team whose solidity and discipline has enabled them to pursue the strategies of a long-term product plan decided on when Stellantis was founded in 2021. One by one, the most important goals achieved during this period have been:

  • Bringing the brand back to profitability. This objective was achieved in the second half of the same year, 2021.
  • An approved and funded long-term product plan, named by Alfa Romeo as “From 0 to 0”, with the bold objective to go from “0” electrified vehicles in 2021 to a line-up with “0” emissions in 2027, to become the fastest transition to electric in the entire automotive landscape. With one new product every year:

2022 – The Tonale Hybrid and Plug-In Hybrid Q4 made their debut.

2023 – Alfa Romeo returned to the world of ‘custom-built cars,’ presenting the 33 Stradale (BEV – ICE).

2024 – debut of the first 100% electric Alfa Romeo (Alfa Romeo MILANO).

2025 – unveiling of the first vehicle exclusively available in a 100% electric version.

2027 – The Alfa Romeo range will be 100% electric.

  • Uncompromising quality standards guide all the brand’s strategic actions with great rigor, and the results were immediately acknowledged globally. Indeed, in November 2022 Alfa Romeo ranked first among the premium brands in the J.D. Power Sales Satisfaction Index, rising nine positions in the rankings and obtaining 25 points more than in 2021, the sharpest improvement in the premium segment.

One year later, Alfa Romeo took the top step on the podium in the overall rankings of premium brands and third place in the entire industry, according to the J.D. Power U.S. Initial Quality Study (IQS). It rose by 24 places, the largest growth recorded in the IQS research into the industry.

  • Increase in residual value, made possible by a strict stock management policy and line-up strategy.

Evident growth in 2023

All this served as a suitable foundation for the outstanding commercial performance Alfa Romeo is recording ahead of the end of an intense and challenging 2023:

 up 34% compared to 2022 in the year to date to November, a figure that confirms the solid growth in global sales.

Europe has contributed a robust increase of 53%.

Middle East & Africa is confirmed as the region experiencing the fastest growth, with a rise of 95%. Also contributing with growth of 6%, the India Asia Pacific region, where Alfa Romeo is strengthening its presence in Singapore and Hong Kong.

In North America, the Tonale’s debut in September was greeted with great enthusiasm, and likewise in China where the line-up has now been completed by the arrival of the Tonale. Both regions represent areas of strategic importance, where Alfa Romeo is making major investments to create the ideal conditions for growth.

The History of Milan in the Alfa Romeo Logo

Little marks the identity of an automaker more than the brand name on the grille. For A.L.F.A. first, later for Alfa Romeo, the coat of arms was intended to reaffirm the manufacturer’s origins in Milan. Over the years, its variations reflected the events that took place in the history of the company and of Italy. The cross of the Municipality of Milan, the Visconti Biscione serpent, and the Alfa Romeo lettering (A.L.F.A. only through 1918) have always remained the brand’s hallmarks since its foundation.

On June 24, 1910, the new company A.L.F.A. (Anonima Lombarda Fabbrica Automobili) was officially registered and the managing director Ugo Stella asked Giuseppe Merosi to draw up a coat of arms to adorn the radiator of its future cars. The history books tell us that the young draughtsman Romano Cattaneo told Merosi that he had been struck by the Visconti Biscione serpent he had seen on the Torre della Filarete in Piazza Castello as he waited for the #14 tram one morning. The Piacenza designer not only took on the suggestion but sketched the coat of arms there and then for his associate. At the same time, he added a red cross on a white background, surrounding the whole thing with a blue roundel bearing the lettering “A.L.F.A.” and “MILANO” in gold, separated by two Savoy knots. The sketch was approved by the nobleman Ugo Stella, and Cattaneo himself was entrusted with the final design for production. The first major change was in 1919: the company passed under the control of Nicola Romeo and the lettering “ALFA ROMEO” appeared on the coat of arms. In 1925, the GP Tipo P2 won the first Grand Prix World Championship, and a laurel wreath was added around the brand’s symbol to celebrate. After World War 2, the coat of arms underwent a complete overhaul: the Savoy knots gave way – with the advent of the Italian Republic – to two wavy lines, whereas the coat of arms was stylized and made of die-cast metal, painted in a single color. From 1950, the enameled brass branding returned in the 1900, replaced in 1960 by an identical version made of plastic. In 1972, when the Alfasud plant opened in Pomigliano d’Arco, the “MILANO” lettering disappeared. At the same time, the Biscione serpent was simplified, with its second coil no longer rolled round itself. In 1982, a further stylization was added: the laurel wreath gave way to a line of gold. On June 24, 2015, a new evolution of the logo was unveiled during the launch of the Giulia at the recently opened Alfa Romeo Museum.

Distributed by APO Group on behalf of Alfa Romeo.

Business

Hainan FTP marks 6-month milestone of special customs operations, signs deals during Hong Kong visit

Published

on

Hong Kong

HONG KONG SAR – Media OutReach Newswire – 29 June 2026 – As the Hainan Free Trade Port (FTP) marked the six-month milestone since the launch of its full special customs operations, a Hainan provincial delegation wrapped up a three-day visit to Hong Kong. During the visit, the delegation signed deepened cooperation agreements with several major local chambers of commerce and promoted the latest policies introduced since the island-wide special customs operations took effect.

According to data released by Hainan Province during the visit, Hainan’s foreign trade has surged since the launch of special customs operations. As of June 17, the province’s total goods imports and exports reached RMB 173.98 billion (approximately US$24 billion), up 54.6% year on year. Imports of zero-tariff goods hit RMB 2.645 billion, a 120% jump that generated tariff savings of RMB 440 million. A total of 172,100 new market entities were registered—a 61% increase—including 1,240 foreign-invested enterprises. Zero-tariff items now account for 74% of all tariff lines, benefiting more than 12,000 market entities.

During the Hong Kong visit, China Council for the Promotion of International Trade Hainan Provincial Committee (CCPIT Hainan) signed separate deepened cooperation MOUs with the Chinese General Chamber of Commerce, Hong Kong and the Hong Kong General Chamber of Commerce. Under the MOUs, the parties will establish a regular liaison mechanism for the periodic exchange of economic and trade information, and will promote collaboration in areas including professional services, green finance, the digital economy, supply chain management, and cultural tourism. Mutual enterprise service desks will be set up to provide consulting services regarding policies and projects. The parties will leverage their complementary strengths to help Chinese mainland enterprises access overseas markets via Hong Kong, while facilitating Hong Kong companies’ entry into the Chinese mainland through Hainan.

The delegation also held talks with the British Chamber of Commerce in Hong Kong and the American Chamber of Commerce in Hong Kong, exploring ways for British and American businesses to leverage Hainan’s value-added processing tariff exemptions and multifunctional free trade accounts to position themselves in regional supply chains and cross-border investment and financing. HSBC, De Beers, and other British firms are already active in Hainan, and the UK served as the Guest of Honor country at the 2025 China International Consumer Products Expo.

According to industry analysts, amid the shifting international trade landscape, Hainan is leveraging Hong Kong’s “super-connector” role to accelerate its integration with global capital and business networks, while simultaneously offering the Hong Kong business community a policy testing ground for entering the Chinese mainland market.

Continue Reading

Business

Africa’s Grid Constraints Come into Focus as Regional Markets Push Toward Integration

Published

on

Africa

Regional power pools are advancing and renewable pipelines are growing, but the regulatory and financial architecture needed to connect them remains the continent’s most critical infrastructure gap – an issue central to the Power Africa Today conference at AEW 2026

CAPE TOWN, South Africa, June 25, 2026/APO Group/ –Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity. Yet across the continent, grid systems are struggling to keep pace with rapidly expanding supply pipelines and rising demand.

In Nigeria, repeated nationwide grid collapses as recently as February 2026 underscore the fragility of aging transmission infrastructure. In East Africa, tower failures along the 428 km Loiyangalani-Suswa line temporarily stranded output from Lake Turkana Wind Power – Africa’s largest wind installation. Meanwhile, demand growth pressures are accelerating across North Africa, where electricity consumption is expected to rise by around 50% by 2035, driven by urbanization, desalination projects, and climate-related temperature increases.

Despite these constraints, generation investment continues to accelerate across Africa, particularly in renewables, gas-to-power and hybrid systems. However, without equivalent investment in transmission and interconnection, much of this new capacity risks being underutilized or stranded. This growing imbalance between generation and grid capacity is driving a sharper focus on system-wide planning and regional market design – issues that will be central to the newly launched Power Africa Today conference at African Energy Week 2026. The platform will bring together policymakers, utilities, investors and developers to explore how regional interconnection, cross-border trading frameworks and financing structures can better align generation growth with grid expansion.

Power Markets Experiment with Reform

Alongside infrastructure challenges, Africa’s electricity sector is undergoing gradual – but uneven – market reform. Most countries still operate vertically integrated systems dominated by state utilities, but a growing number are introducing competitive frameworks to attract private capital and improve efficiency.

Zimbabwe opened its electricity market to full private participation across generation, transmission and distribution in 2025, targeting $9 billion in new investment. South Africa is advancing one of the continent’s most ambitious grid expansion programs, with plans for 14,500 km of new transmission lines and 133,000 MVA of transformer capacity by 2034, alongside mechanisms designed to crowd in private financing. Kenya, meanwhile, has introduced open access regulations enabling independent power producers to wheel electricity directly to multiple off-takers, reshaping how generation assets interface with the grid.

Interconnected electricity markets are the foundation of Africa’s industrial future

Regional Integration Remains Fragmented

Efforts to connect Africa’s fragmented power systems are progressing, though at different speeds across regions. In Southern Africa, the World Bank’s RETRADE SAPP program, approved in 2025, is deploying $12 million to strengthen renewable integration and transmission capacity across 12 member states. In East Africa, the Ethiopia–Kenya–Tanzania Electricity Highway is now in trial operations at up to 2,000 MW, marking a significant step toward a more interconnected regional grid.

West Africa is also moving toward deeper integration, with permanent synchronization of the West Africa Power Pool expected in 2026. Analysts, including the African Finance Corporation, argue that such synchronization is critical to unlocking large-scale hydropower potential and industrial demand across the region. Longer term, full synchronization between the Eastern and Southern African power pools – targeted for the end of 2026 – could create one of the world’s largest cross-border electricity trading corridors.

Building Bankable Financial Architectures

While interconnection is advancing, infrastructure alone is not enough to create investable electricity markets. Investors consistently cite the lack of standardized offtake structures, creditworthy counterparties, and cross-border payment guarantees as key barriers to scaling capital deployment.

New models are emerging to address these constraints. Africa GreenCo, operating across Zambia, Namibia and South Africa, is helping to aggregate independent power producers under a single creditworthy intermediary, standardizing power purchase agreements and reducing counterparty risk. At a broader level, AUDA-NEPAD estimates that Africa requires around $30 billion in additional investment to complete priority transmission corridors and establish three fully interconnected regional trading blocs by 2030.

“Interconnected electricity markets are the foundation of Africa’s industrial future,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “The question at Africa Energy Week is not whether integration is possible – the evidence is already there. The question is which regulatory frameworks and financial structures will get projects to financial close, and which markets will be ready when capital is looking to move.”

The Power Africa Today conference will run alongside AEW 2026, taking place October 12–16 in Cape Town, and will focus on the regulatory, financial and infrastructural architecture needed to build interconnected electricity markets capable of attracting institutional capital and delivering reliable, cross-border power at scale.

Distributed by APO Group on behalf of African Energy Chamber.

Continue Reading

Business

African Development Bank Group and La Francophonie Sign Partnership Agreement to Promote Youth Employment in Francophone Africa

Published

on

Remove term: African Development Bank African Development Bank

The agreement was signed during a meeting between the Secretary General of La Francophonie, Louise Mushikiwabo, and African Development Bank Group President, Dr Sidi Ould Tah in Paris, France

PARIS, France, June 25, 2026/APO Group/ –The African Development Bank Group (www.AfDB.org) and The International Organization of La Francophonie (OIF) on Wednesday entered a strategic partnership to strengthen digital skills, employability, and entrepreneurship of young people and women in five African countries: Benin, Cameroon, Guinea, the Democratic Republic of the Congo and Madagascar.

 

The agreement was signed during a meeting between the Secretary General of La Francophonie, Louise Mushikiwabo, and African Development Bank Group President, Dr Sidi Ould Tah in Paris, France. The agreement will address a major challenge faced by countries in the Francophone world and across Africa: providing young people with access to opportunities offered by the digital economy and fostering the emergence of a new generation of entrepreneurs.

The partnership calls for the implementation of training programs in digital professions and entrepreneurship, in fields such as web and mobile development, cybersecurity, artificial intelligence, and data analysis. Participants will also receive guidance toward employment and self-employment, as well as support for innovation and business creation, notably through training camps, prototyping activities, and partnerships with incubators and accelerators.

The African Development Bank Group and OIF will also work with national authorities in these five countries and training institutions to sustainably strengthen local capacities and promote ownership of the programs by national stakeholders. An initial pilot phase, lasting 12 to 24 months, will be rolled out in the five partner countries, followed by a gradual expansion to other member states depending on the results achieved.

The African Development Bank Group is pursuing a bold agenda based on “Four Cardinal Points” developed by Dr Ould Tah, the third of which is ‘Turning Demographics into a Dividend.’ This is about strategically converting Africa’s rapidly growing and youthful population into a decisive engine of inclusive growth, productivity, and innovation through large-scale investment in human capital—particularly youth and women.

 

It sees Africa’s growing young population not as a risk, but as a major asset. With the right policies and investments, this potential can create jobs, help small businesses grow, bring more informal businesses into the formal economy, and equip young people with the skills needed for the future. By investing more in education, science and technology, vocational training, entrepreneurship, finance, and digital tools, Africa can help its people drive economic transformation, stay competitive, and build lasting, resilient growth.

The OIF said the agreement marked the first concrete step in its initiative to mobilize innovative and additional funding for its most impactful projects.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Continue Reading

Trending