tagresults

30-10-2014 23:52:00 | by: Default Admin User | hits: 4299028 | Tags:


[Nigeria] Dangote establishes truck assembly plant in Lagos
16-01-2017 | 09:59:03
Dangote Group of Companies has established a $100 million truck assembly plant in Lagos as part of its efforts toward boosting foreign exchange and job creation in the country.
[Mali] Sunna Design to produce ‘made in Africa’ solar street lamps
16-01-2017 | 09:37:25
Known for launching the Akon Lighting Africa initiative, Solektra International has just announced a major partnership with Sunna Design, starting with the launch of the first solar street lamp assembly line in Bamako, Mali, to be operational as of February 2017.
[Ethiopia] Zebidar Beer SC excites beer industry with first of its kind pull off beer caps
11-01-2017 | 15:37:51
Zabidar Beer SC has unveiled a new trend in the industry with the unveiling of pull off caps, also known as RipCap, the first of their kind in the Ethiopian market, avoiding the customary bottle openers.
Angola bets on 44 logistical platforms to spur agriculture and manufacturing
15-12-2016 | 08:50:00
Angola is counting on the construction of 44 logistical platforms to boost agriculture and provide facilities to the manufacturing industries.
Guinness Nigeria and FRSC flag off “Ember Months” anti-drink driving campaign
12-12-2016 | 09:20:21
Guinness Nigeria has partnered with the Federal Roads Safety Commission to flag off the 2016 Ember Months ‘Drink Drive’ public awareness campaign, which is aimed at enlightening the public on the harmful consequences of alcohol abuse.
Ghana bets on new cement factory to sate rising demand
09-12-2016 | 15:34:40
Ghana has commissioned a new cement producing company that will produce one million tonnes yearly as demand from construction and government project soars.
[South Africa] Onyx Connect to launch smartphone manufacturing factory
08-12-2016 | 16:27:44
South Africa’s company Onyx Connect has announced plans to launch a smartphone manufacturing factory in the country that will build phones and tablets from scratch.
[Algeria] Sonatrach diversifies into tyre making
06-12-2016 | 15:48:55
National oil group Sonatrach has set eyes on the car industry with plans to produce five million tons of tyres per year according to its Vice president for de downstream activity Akli Remini.
[Nigeria] Guinness commences spirit manufacturing
02-12-2016 | 11:15:00
Guinness Nigeria has commissioned a new production line that will support the local manufacturing of some of its spirits brands in Nigeria.
Juniper Glass Announces Ethiopian Merger and Regulatory Approvals
02-12-2016 | 10:00:00
Juniper Glass has announced that it has received all regulatory approvals necessary to conclude the final investments in its US$70 million greenfield container glass factory in Debre Birhan, Ethiopia.
agrofood & plastplack Nigeria: fairtrade announces official German and French Pavilions
02-12-2016 | 09:30:00
After the great success of the second edition of agrofood & plastplack Nigeria 2016 the German trade fair specialists fairtrade announce its 3rd edition for 2017 at the Landmark Centre in Lagos.
[Ethiopia] Heineken Ethiopia’s expansion set to make it largest beer producing company
30-11-2016 | 05:54:27
Heineken Ethiopia has rolled out an expansion project for its Qilinto brewery on the outskirts of Addis Ababa at a cost of $112 million as it seeks to boost production and efficiency. Upon completion the company will have the largest production capacity in Ethiopia’s brewery industry overtaking the current market leader BGI Ethiopia by one million hectoliter.
[Ghana] Marbelino targets burgeoning middle class population with modern showroom
29-11-2016 | 09:13:19
Ghana’s front runner in supply of natural stones and ceramics tiles, Marbelino has launched a modern showroom in the capital as it targets a growing list of middle class population keen on modern décor in housing.
Morocco signs agreement with Ethiopia to build fertilizer unit
21-11-2016 | 10:16:07
Morocco has signed an agreement with Ethiopia to build a giant fertilizer unit aimed at making Addis Ababa self-reliant in fertilizer by 2025.
[Kenya] Bitzer opens Nairobi office as it eyes Africa
21-11-2016 | 08:30:31
World leading manufacturer of commercial and industrial refrigeration and air conditioning technologies, Bitzer has opened an office in Nairobi as it seeks to expand presence in Africa.
Russia’s REMA RTI enters Algeria through partnership with Hidra Hydraulique
18-11-2016 | 05:59:00
Algeria’s Hidra Hydraulique and Russian REMA RTI have signed a partnership for the manufacture of hydraulic equipment in Algeria as Russia seeks to foray into the North African country buoyed by a growing manufacturing industry.
Made-in-Nigeria Project to Hold Exhibition
15-11-2016 | 11:00:00
The Made-in-Nigeria Project, organisers of the Made-in-Nigeria Conference & Exhibition has announced the third edition of its ‎annual event, which is slated to hold in Lagos on November 29th, 2016.
[South Africa] Sappi in record dividend payment as profit soars
10-11-2016 | 13:34:23
Paper and pulp producer Sappi has in a historic move paid dividends to its shareholders for the first time since 2008 after almost doubling its year end profit and taming net debt.
[Namibia] Dundee Precious Metals launches sulphuric acid plant as it diversifies investments
04-11-2016 | 06:37:00
Copper smelting company Dundee Precious Metals has opened a multi billion dollar sulphuric acid plant as the company looks to diversify its operations.
[Kenya] Avic International set to equip technical training institutes with machinery to meet country’s industrialization needs
27-10-2016 | 13:46:06
International aviation, trade and logistics behemoth Avic International Holding Corporation intends to increase its investment in Kenya’s technical education sector with a view to boosting the labour pool as Kenya’s mega projects take shape.
Algeria signs agreement with China to boost industries cooperation
26-10-2016 | 12:27:05
Algeria and China have signed have signed a framework cooperation agreement to boost industry cooperation between the two countries as Algeria looks to boost its nascent indsutries.
[Cameroon] Nestlé mulls upgrading plant to boost production units
19-10-2016 | 13:03:23
Global wellness company Nestle, through its Cameroon subsidiary is planning to launch the extension works of its production plant in Douala, in the economic capital of the country. The investment, worth a total of $16 million will make available to the food industry the benefits provided by the 2013 law on promoting private investment in the Republic of Cameroon.
Unilever is No. 1 Top Employer in Africa again
17-10-2016 | 11:55:00
Unilever's Top Employer status in Africa was solidified when company was certified in Zimbabwe for the first time and achieved No.1 status in Ghana, Nigeria and Kenya.
[Kenya] CDC Group UK acquires I&M Holdings and ARM Cement
05-10-2016 | 08:52:12
The government owned UK development finance firm CDC Group has bought 10.68 per cent stake in I&M Holdings for an undisclosed amount and 40 per cent stake in ARM Cement for $141 million as it eyes returns from growth of SMEs and infrastructure development.
MAN President Sani Shehu: “Nigeria is now a re-emerging mining nation worth exploring”
03-10-2016 | 11:08:00
“A national mining event, which we hope will grow into an international event” is how the President of the Miners Association of Nigeria (MAN), Alhaji Sani Shehu, describes the upcoming, inaugural Nigeria Mining Week which is taking place in Abuja in October.
[Egypt] Rising production costs threaten to choke flat glass industry
28-09-2016 | 07:40:24
Players in the flat glass industry are decrying lack of production inputs, rising costs and foreign currency shortage which they say have made their products expensive and noncompetitive.
[Ethiopia] KIA Motors signs agreement with Belayab Motors to set up car assembly plant
26-09-2016 | 08:05:24
Ethiopia’s vehicle assembly company Belayab Motors PLC has entered into an agreement with South Korean car manufacturer KIA Motors Corporation that will see the manufacturer assemble cars in Ethiopia even as it contemplates expanding such operations to the rest of Africa.
Guinness Nigeria reports first total beverage alcohol results
22-09-2016 | 12:00:00
Guinness Nigeria has announced its first set of results combining sales from both beer as well as International Premium Spirits (IPS) like Johnnie Walker and Baileys, following its acquisition of distribution rights from its parent company, Diageo in January this year.
Kenya Breweries Limited launches first of its kind vodka drink
20-09-2016 | 10:06:00
Kenya’s leading brewer, Kenya Breweries Limited has unveiled a new Ready to Drink alcoholic beverage under the Smirnoff stable as it seeks to tap into growing demand for niche and specialized market.
[Nigeria] Dangote Group to start coal mining in November
15-09-2016 | 11:42:00
Dangote Cement Plc, a subsidiary of the Dangote Group, has announced its plan to start mining coal at Ankpa, Kogi State, in November.
Volkswagen returns to Kenya after four decade production hiatus
09-09-2016 | 12:35:00
German car maker Volkswagen has made a comeback in Kenya after four decades production hiatus with an announcement that it will make the first car in the country by December this year.
[Uganda] Government prioritizes local manufacturers in tenders for mega projects
09-09-2016 | 07:38:31
In a move meant to promote local companies and cut cost of import, the government of Uganda has announced it will start offering tenders to local manufacturers to supply big construction projects in the country.
Tanzania Breweries Limited to train its retailers on business sustainability
08-09-2016 | 13:04:28
Tanzania’s largest brewing company TANZANIA Breweries Limited (TBL) is targeting 1,838 retailers of its brands in a training it hopes will arm them with business skills including how to increase profit margins and improve sustainability.
Innovative, interactive WAPIC programme in Lagos in November reflects Nigeria’s dynamic energy industry
08-09-2016 | 09:43:00
“Politics, policy, pricing and partnerships - the four Ps for the fundamentals of a successful power sector” says Natalie Bacon, programme director for the upcoming West African Power Industry Convention (WAPIC) taking place in Lagos from 23-24 November this year."
Garment and footwear factories to boost Rwanda textile industry
07-09-2016 | 13:12:24
Rwanda is set to boost its local textile market following the signing of a deal between the Ministry of Trade and Industry and two companies to construct a garment and footwear factory in the Kigali Special Economic Zone, KSEZ.
[Egypt] New juice production factory set to double export earnings for Sakr Group
07-09-2016 | 08:14:00
A new juice production factory by Sakr Group for Food Industries is set to double the company’s exports of milk products and juices even as it seeks to cement its local markets.
Made-In-Nigeria Festival Harps on Improved Business Climate
06-09-2016 | 09:27:00
In what looked like a practical move towards building a favoured destination for foreign direct investments, organisers of the Made-In-Nigeria (MaIN) Festival are putting together activities to promote the ease of doing business in Nigeria on the front burner of discourse.
Sameer Africa closes Kenya factory on growing cheap imports
02-09-2016 | 12:42:07
Leading tyre maker Sameer Africa has announced closure of its Kenyan factory which will see an end to production of Yana brand tyres and allied products as it decries growing cheap imports.
Rwanda brewer launches first of its kind local beer brand
31-08-2016 | 14:30:44
Rwanda’s leading brewer Brasseries et Limonaderies du Rwanda (Bralirwa) has launched the first of its kind locally brewed beer brand with low content as it seeks to sate changing preferences
Ethiopia sets up $10 million ceramic factory to stem imports
26-08-2016 | 07:05:43
The Himrawi Investment and Trading Private Limited Company has invested $10million in construction of a ceramic factory as the country looks to local industries to tame biting shortage.
Tanzania brewer invests $11 million to spur production of raw materials
24-08-2016 | 14:20:31
Tanzania beer maker Tanzania Breweries Limited has announced plans to support farmers increase production of local raw materials for beer, wine and spirit making through an $11 million investment.
Ethiopia cements economic ties with Turkey with $13.5 million salt manufacturing plant
24-08-2016 | 07:22:51
Ethiopia and Turkish deal that mulled creation of a salt manufacturing industry has come to fruition with the establishment of a $13.5 million plant covering 50,000 square meters at the Afar regional state in Northern Ethiopia
[Uganda] Clay building products manufacturer eyes regional market to ward off competition
22-08-2016 | 08:10:48
In a bid to ward off growing competition in Uganda, manufacturer of baked clay building products, Uganda Clays Ltd is mulling entering regional markets through Rwanda after it closed its South Sudan operations.
Skye Bank YESMall, a boost to Market Made-In-Nigeria Goods
17-08-2016 | 09:59:00
The innovative YesMall platform, powered by Skye Bank has succeeded in promoting made-in-Nigeria goods produced by Small and Medium Enterprise firms and subsequently empower local entrepreneurs to reflate the national economy.
[Nigeria] CBN Assures Agric, Manufacturing Sectors of Single Digit Interest
17-08-2016 | 09:45:00
The Central Bank of Nigeria, CBN, has assured that the agricultural and manufacturing sectors will enjoy single digit interest rates as the apex bank intends to accelerate lending of a reserved special intervention fund earmarked for the sectors.
[Nigeria] Dangote Flour profitability increases following reacquisition from Tiger Brands
16-08-2016 | 10:35:00
Dangote Flour Mills Plc has returned to profitability, posting a Profit Before Tax, PBT, of N2.64 billion in the half year ended June 30, 2016, compared to a loss of N9.55 billion posted at the corresponding period in 2015.
[Nigeria] Dangote Cement responds to gas shortage by mining its own coal for production
10-08-2016 | 10:29:00
Nigerian cement company, Dangote Cement, plans to start mining coal in Nigeria’s Kogi State by 4Q16 on the back of gas shortages in the country.
Manufacturers tap into growing customer base with e sales
21-06-2016 | 08:21:07
Manufacturing companies in Kenya are embracing online platforms to sell their products as they seek to cut distribution costs, spread their services and increase customer base.
Kenyan businesses insulate themselves from power outages with hybrid backup system
20-06-2016 | 13:52:00
As businesses continue to record massive losses to power outages, now stretching to billions which has also been cited as one of investors' greatest concern, a new hybrid inverter that acts as power back up has insulated businesses from losses as technology evolves to circumvent blackouts.
Manufacturers Association of Nigeria Inaugurates Large Corporation Group to Boost Manufacturing in Nigeria
23-05-2016 | 10:06:00
The Manufacturing Association of Nigeria has inaugurated its Large Corporation Group, which will amongst other things come up with policy recommendations that will lead to a conducive economic and social climate for the operation and development for large scale industries in Nigeria.
Nigeria Manufacturing Expo great success with 2600+ attendees and high-level policy discussions at mPAD
21-04-2016 | 10:27:00
The recent third annual mPAD & inaugural Nigeria Manufacturing Expo (MAN Expo) inLagos has been hailed a great success by the event patrons, the Manufacturers Association of Nigeria (MAN).
GEA, Clearpack and Kautex head up leading exhibitors at MAN Expo in Lagos, March 2016
01-03-2016 | 10:47:00
GEA West Africa, Clearpack Singapore, Kautex Maschinenbau GmbH, Festo Automation, Miele Packaging, Gil Automation, the Bühler Group and Thomson & Grace are just some of the big names that will showcase their manufacturing equipment at the upcoming Nigeria Manufacturing Expo in Lagos, 15-17 March.
Unilever to set up new plants in Nigeria
02-02-2016 | 11:57:00
“Our plans for increased investment will also bring about employment opportunities in the country as workers will be recruited for the new production line, and in the farms for the production and sourcing of local raw materials.”
Nicole Reynolds Named New Managing Director of The Whitaker Group
07-01-2016 | 12:25:24
Social entrepreneur, corporate strategist, and former investment banker Nicole Reynolds has joined the TWG team as our new Managing Director to support our growing client base to expand investment and economic development opportunities in Africa.
[Nigeria] Bank of Industry Restates Financing Support for Local Manufacturers
06-01-2016 | 13:10:00
As Nigeria continues to struggle with the plunge in oil and commodity prices, drop in China's purchases and decline in GDP growth rates across the continent, the Bank of Industry (BoI) has stated that its intervention would be geared towards supporting investments in the nation's real sector rather than importation.
Agribusiness, manufacturing to drive Nigeria’s growth by 2020
08-12-2015 | 12:03:00
If the potential of Nigeria’s youth population is properly harnessed for productivity in the nation’s agribusiness, extractive industries and manufacturing sectors, the sectors can aid the realisation of the nation’s projected growth by 2020, latest Forbes report on entrepreneurship has shown.
Cadbury Nigeria Spikes Production Capacity by 37%
20-10-2015 | 12:36:00
Cadbury Nigeria Plc has invested about N10 billion on a new manufacturing plant to meet rising demand for its prime product. The company commissioned a new ultra-modern manufacturing plant in Lagos, which the management expects would turn around the profitability of the company.
Manufacturing in Nigeria in steady stages of growth
19-10-2015 | 12:03:00
The Manufacturers Association of Nigeria, event patron of mPAD & Nigeria Manufacturing Expo 2016, through its annual forum held an interaction of the Manufacturing sector during the 43rd Annual General Meeting (AGM) of the Association held at the Grand Ball Room of the Oriental Hotel, Lekki.
Heineken Nigeria Set to Raise N100billion to Boost Liquidity
06-10-2015 | 12:10:00
Giant Brewer, Heineken Nigeria, an arm of Nigerian Breweries has disclosed to sell N100 billion in debt to boost liquidity as lower crude prices impact spending.
SA Firm, Nampak, to set up Glass-Bottle Plants in Nigeria
28-09-2015 | 12:04:00
South Africa’s Nampak Ltd. has agreed with partners to build glass-bottle manufacturing plants in Nigeria and Ethiopia to take advantage of growing demand for packaged consumer goods and bottled drinks in Africa’s most populous nations.
Comtest to represent Tektronix and Keithley in South Africa
23-09-2015 | 12:30:55
Comtest to represent Tektronix and Keithley in South Africa
Nigeria's Dangote shrugs off slump with new plants, mines in Africa
17-09-2015 | 12:34:00
Aliko Dangote, owner of Nigeria’s Dangote Cement, plans to launch several new cement and sugar plants as well as mines across the continent, accelerating an expansion outside his Nigerian home market and shrugging off a downturn in Africa, reports Reuters.
Dangote Cement signs deal to construct 11 new plants
17-09-2015 | 12:18:00
Dangote Cement Plc signed a contract valued at $4.34 billion with Chinese firm, Sinoma International Engineering Co. Ltd, for the construction of 11 new plants.
Dangote, Africa’s largest Cement Producer Cuts down Price
10-09-2015 | 11:26:00
Manufacturers of Cement in Nigeria may be on the brink of a fresh competition tussle, following the reported cut in the price of the essential commodity implemented by the nation’s largest producer, Dangote Group.
Lagos to Partner Confederation of Indian Industry for Investment Opportunities
08-09-2015 | 12:31:15
Lekki Free Trade Zone (LTZ), Medical Park, Transportation, Agriculture, Manufacturing, Oil and Gas, Power, Shopping Mall, Power generation, International Airport, among others have been identified as some of the immediate key investment opportunity areas available in Lagos State for investors to tap into.
Dangote builds N160m technical skills center
07-09-2015 | 11:53:43
Determined to bridge skill gap in the technical sub sector of the Nigerian economy, the Pan African Conglomerate, Dangote Group has inaugurated an Automation Skills Development Centre valued at N160million in Lokoja, Kogi State.
Ford to begin Ranger assembly in Nigeria from October
28-08-2015 | 09:00:29
US vehicle manufacturer Ford will assemble its Ranger pickup in Nigeria, starting in October. The plant will be Ford’s first African production location outside South Africa, says Ford Motor Company Sub-Saharan Africa president and CEO Jeff Nemeth.
Volkswagen to invest R4.6-billion in SA’s new super auto manufacturing plant
28-08-2015 | 08:35:00
The auto and component manufacturing sectors in South Africa, and especially the Eastern Cape, are celebrating with the announcement that Volkswagen South Africa plans to invest R4.5-billion in its operations over the next two years.
Nigeria’s Leading Manufacturing Experts to Meet for the Nigeria Manufacturing Expo in Lagos
27-08-2015 | 10:14:34
The event is hosted by Event Patrons, the Manufacturers Association of Nigeria (MAN) in partnership with Spintelligent Pty and Clarion Events Ltd, African event specialists and organisers of the West African Power Industry Convention (WAPIC).
NBC Begins Work on N80bn Mega Plant Project in Imo
20-08-2015 | 13:00:00
Management of the Nigerian Bottling Company (NBC) Limited has disclosed that work would soon commence on its mega plant project at Okigwe in Imo State which is expected to cost the company N80 billion.
Nigeria, China Sign MoU on Railways, Manufacturing
06-08-2015 | 11:25:00
In an effort to boost trade and investment, the Nigerian government and the Peoples Republic of China on Wednesday signed a Memorandum of Understanding (MoU) to facilitate investment between the two countries.
Dangote Cement Declares N121.8bn Half-year Profit
04-08-2015 | 11:35:17
Dangote Cement posted a profit after tax (PAT) of N121.808 billion in the six-month period ended June 30, 2015, indicating a 21.65 per cent increase over the N95.440billion announced for the same period of 2014.
AfDB Invests Zar 4.5 Billion in Development Bank of Namibia
13-07-2015 | 10:37:00
The Board of Directors of the African Development Bank (AfDB) approved on Thursday, July 9, 2015 a line of credit amounting to ZAR 4.5 billion (about US $450 million) to Development Bank of Namibia (DBN) to finance projects in key priority sectors in the country including infrastructure, manufacturing, logistics and tourism.
Beaumont, the Worldwide Leader in Optic Measures Is Now Available in South Africa
08-07-2015 | 12:38:55
Dynamic entrepreneur, Ian Smith has recognised the need for first-class optic measures and bar accessories in South Africa.
[Interview] Harvey Oiku: Founder, Blue Gold Corporate Concept, Nigeria
14-05-2015 | 13:45:00
Harvey Oiku is founder of manufacturing company Blue Gold Corporate Concept Ltd., Nigeria. Africa Business Communities speaks with him.