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.
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.
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 is counting on the construction of 44 logistical platforms to boost agriculture and provide facilities to the manufacturing industries.
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 has commissioned a new cement producing company that will produce one million tonnes yearly as demand from construction and government project soars.
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.
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.
Guinness Nigeria has commissioned a new production line that will support the local manufacturing of some of its spirits brands in Nigeria.
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.
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.
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’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 has signed an agreement with Ethiopia to build a giant fertilizer unit aimed at making Addis Ababa self-reliant in fertilizer by 2025.
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.
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.
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.
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.
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
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 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.
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'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.
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.
“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.
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’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 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’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.
Dangote Cement Plc, a subsidiary of the Dangote Group, has announced its plan to start mining coal at Ankpa, Kogi State, in November.
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.
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’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
“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."
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.
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.
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.
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’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
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 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 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
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.
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.
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.
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.
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.
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.
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
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
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 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.
“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.”
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.
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.
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 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.
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.
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.
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
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 Plc signed a contract valued at $4.34 billion with Chinese firm, Sinoma International Engineering Co. Ltd, for the construction of 11 new plants.
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.
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.
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.
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.
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.
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).
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.
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 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.
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.
Dynamic entrepreneur, Ian Smith has recognised the need for first-class optic measures and bar accessories in South Africa.
Harvey Oiku is founder of manufacturing company Blue Gold Corporate Concept Ltd., Nigeria. Africa Business Communities speaks with him.