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30-10-2014 22:52:00 | by: Administrator | hits: 21736461 | Tags:

WAAREE spreads its wings globally, opens franchisee in Africa
27-10-2020 | 09:37:00
WAAREE Energies, India's largest solar module manufacturer has strengthened its presence in West of African continent by opening franchise in Conarky.
[Africa Business Panel] 6 percent of African Business Professionals expect their companies not to survive the Covid-19 Crisis
22-10-2020 | 06:57:00
About 2/3 of the African companies (62%) say they are struggling but will survive. Almost a third of companies (29%) say they are doing well and the near future is looking good
Stronger private sector could boost Nigeria’s economic growth, IFC, World Bank report
21-10-2020 | 06:12:00
A new report from IFC and the World Bank focused on the health of Nigeria’s economy finds that a broader private sector-led growth strategy could help Nigeria realize its immense potential by attracting more investment.
[Nigeria] BUA Cement appoints Jacques PieKarski new Chief Financial Officer
09-10-2020 | 08:47:53
BUA Cement has appointed Jacques Piekarski, as the new Chief Financial Officer.
Africa Medical Supplies Platform, bioMérieux partner to facilitate supply of high-quality COVID-19 diagnostics
09-10-2020 | 06:23:00
bioMérieux and the Africa Medical Supplies Platform (AMSP), have partnered to facilitate the supply of high-quality diagnostic solutions from the bioMérieux Pandemic Response Portfolio to African Union Member States.
[Column] Phyllis Wakiaga: Why Kenya must involve the youth in its development
06-10-2020 | 08:09:00
We have a great advantage in Kenya as a nation of young, vibrant and highly creative youth.
Mabati Rolling Mills commissions SAFBUILD manufacturing plant in Athi River, Kenya
05-10-2020 | 06:29:00
Mabati Rolling Mills (MRM), a member of the Safal Group, launched SAFBUILD manufacturing plant at its Athi River facility in Kenya.
East Africa-focused Shanta Gold announces New Luika plant capacity expansion
28-09-2020 | 07:57:00
Shanta Gold, East Africa-focused gold producer announced the expansion of processing capacity at the New Luika Gold Mine (NLGM).
Unilever, Small Business Development partner to increase SMMEs investment in South Africa
24-09-2020 | 09:28:00
Unilever Southern Africa has partnered with the Department of Small Business Development to increase investment in Small, Micro and Medium Enterprise (SMMEs) development.
UNIDO, Monaco and UfM partner to empower women in Tunisia
23-09-2020 | 07:01:00
The Principality of Monaco signed its first funding agreement with UNIDO and the two parties have agreed a tripartite declaration together with the Union for the Mediterranean on empowering women in Tunisia.
Coca Cola Beverages Africa replaces SAP with eoStar and Microsoft for its sales and delivery needs
18-09-2020 | 10:25:39
eoStar announced it has integrated with Microsoft to provide Coca Cola Beverages Africa (CCBA) the opportunity to meet sales and delivery needs across their value chain.
Illicit gold trade thrives with impunity in the Democratic Republic of Congo, report
17-09-2020 | 14:05:00
IMPACT’s newest report reveals how the Democratic Republic of Congo’s (DRC) illicit gold trade continues to thrive despite efforts to clean up the sector.
Pure Parima to add new colors to its Egyptian cotton sheet lines
14-09-2020 | 07:33:00
Egyptian luxury bedding supplier Pure Parima, will be adding brand new sheet colors called Spa and Linen to its Yalda and Ariane product lines.
Lato Milk expands its footprint to Ethiopia, South Sudan and Malawi
07-09-2020 | 10:16:00
Pearl Dairy Farms is now exporting its range of milk powder products to Ethiopia, Malawi and South Sudan underpinned by the ratification of the Africa Continental Free Trade Area (AfCFTA) agreement.
BUA Group, Axens partner for upcoming refinery and petrochemical plant in Nigeria
04-09-2020 | 12:13:00
BUA Group signed an agreement with Axens of France for the supply of process technologies for its upcoming 10million tonnes per annum mega refinery and petrochemicals facility to be sited in Akwa-ibom, Nigeria.
BAT Kenya appoints Rita Kavashe as new Chairperson
03-09-2020 | 07:45:00
British American Tobacco Kenya (BAT Kenya) appointed Ms. Rita Kavashe, MBS, as the Chair of the Company’s Board, effective 1st September 2020.
[South Africa] Absa August PMI points to improved conditions in the manufacturing sector
03-09-2020 | 05:24:26
The Absa Purchasing Managers’ Index (PMI) posted a robust increase to 57.3 index points in August, up from 51.2 in July.
[Column] Matthew Ryan: Euro tumbles as Eurozone inflation turns negative
02-09-2020 | 12:28:00
The euro found strong resistance around the 1.20 level versus the US dollar yesterday, before ending the trading session sharply lower following some contrasting economic news between the US and Euro Area.
IFC supports Nigeria’s plastics packaging and recycling industries
02-09-2020 | 10:58:00
IFC announced a financing package to help Engee Manufacturing, a leading Nigeria manufacturer of PET resin to build a Continuous Polymerisation PET Resin plant in Ogun state.
Imperial Logistics acquires 49% stake in South Africa's healthcare company Pharmafrique
02-09-2020 | 07:28:00
Imperial Logistics acquired a 49% shareholding in Pharmafrique (trading as Kiara Health), an African pharmaceutical manufacturing and healthcare services company based in Johannesburg South Africa.
President Akufo-Addo commissions Ekumfi Fruits and Juices Factory in Ghana
27-08-2020 | 07:51:00
The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo commissioned the Ekumfi Fruits and Juices Factory, a project initiated under the One-District-One-Factory initiative of the Government.
[South Africa] Seven Sasolburg SMMEs selected for Sasol Business Accelerator programme
26-08-2020 | 10:01:00
Sasol has selected seven small, medium and micro enterprises (SMMEs) from in and around Sasolburg in the Free State to take part in its newly launched 24-month Sasol Business Accelerator (SBA) programme.
[South Africa] Government’s ventilator project enters production phase, first units expected soon
21-08-2020 | 11:34:00
In a first on the African continent, South African manufactured ventilators are in production and the first life-saving machines will be ready in a few weeks’ time.
Fagerhult to exit its South African business Lighting Innovations
20-08-2020 | 07:13:00
As a part of the ongoing strategic review, the Fagerhult Group investigates different exit options for its South African business, Lighting Innovations Africa.
CIMERWA Cement lists on Rwanda Stock Exchange
14-08-2020 | 07:15:00
CIMERWA, Rwanda’s only integrated cement manufacturer has received approval from the Capital Markets Authority and the Rwanda Stock Exchange to list its shares on the RSE.
NAPSA pumps $3.2 into IDC fruit processing factories in Zambia
13-08-2020 | 12:18:00
The National Pension Scheme Authority (NAPSA) has invested a total $3.2 into three fruit processing factories through a short-term loan financing facility to the Industrial Development Corporation (IDC) in Zambia.
OCP, Budenheim, Prayon partner to launch new purified phosphoric acid plant in Morocco
13-08-2020 | 10:58:00
OCP Group and its German and Belgian partners, Budenheim and Prayon, are launching the building of a new plant for the production of purified phosphoric acid, through their subsidiary Euro Maroc Phosphore (EMAPHOS).
Jubilee Metals signs copper project JV Agreement to expand operations in Zambia
13-08-2020 | 09:45:00
Jubilee Metals announced that in line with its stated strategy to expand operations in Zambia, it has signed a Joint Venture Agreement with a private Zambian company securing the rights to process 2 million tonnes copper Run-Of-Mine material.
[Column] Phyllis Wakiaga: Tailor-made solutions to ensure SMEs survival amidst COVID-19
08-08-2020 | 07:55:42
For many small businesses who are navigating these difficult times, they will testify to the fact they keep being bombarded with the word, ‘Adaptation’.
Protecting trade in Nigeria, how DFIs are responding to COVID-19
06-08-2020 | 09:49:00
With the COVID-19 pandemic continuing to devastate economies around the world, Africa is set to experience its first recession since the 1990s, threatening to undo two decades of growth and development.
EIB, Afreximbank direct €300m of support to African COVID response
06-08-2020 | 06:10:00
The European Investment Bank (EIB) and the Afreximbank are directing €300m of financing to support the resilience and recovery of African nations in response to the COVID-19 pandemic.
[South Africa] Absa PMI for July signals improvement in the manufacturing sector
05-08-2020 | 08:27:00
The Absa Purchasing Managers’ Index (PMI) for July declined slightly compared to the previous month, but continued to signal a further month-on-month improvement for conditions in the manufacturing sector.
Alternet Systems confirms production and sale of electric delivery truck for Sub Saharan Africa
28-07-2020 | 07:14:01
Alternet Systems, Inc., ALYI, has confirmed plans for producing and selling electric delivery trucks in Africa made of hemp and powered by hemp batteries.
Jack Ma Foundation’s Africa Netpreneur Prize Initiative selects Top 50 Finalists of 2020 Africa’s Business Heroes Competition
27-07-2020 | 09:05:00
The 2020 Africa’s Business Heroes prize competition has shortlisted the top 50 finalists from stage one of the selection process.
[South Africa] Sibanye-Stillwater, AngloGold, Sasol and Imperial join forces to distribute hand sanitisers
27-07-2020 | 06:58:00
Sibanye-Stillwater, AngloGold Ashanti, Sasol and Imperial Logistics have formed a strategic partnership which will see Sibanye-Stillwater distributing hand sanitisers produced by Sasol to schools, health facilities and taxi ranks.
IFC announces $50m loan to Equity Bank to support Kenyan SMEs
23-07-2020 | 07:24:00
IFC announced a $50 million loan to Equity Bank Kenya to help it increase working capital and trade-related lending to its small and medium-sized enterprise (SME) clients.
[Kenya] KAM appoints Mucai Kunyiha as new Chair
22-07-2020 | 06:41:27
The Kenya Association of Manufacturers (KAM) has appointed Mucai Kunyiha as the new National Chairman to lead the organization for a two-year term.
African Development Bank-funded training builds skills for economy of the future in Ghana, report
22-07-2020 | 05:51:00
A six-year project to develop industrial skills among Ghana’s workforce has improved the engineering and manufacturing skills of young people, promoted economic competitiveness and contributed to an improvement in the quality of life.
IFC announces $12m loan for steel plant in Ghana to create jobs, support skills
17-07-2020 | 09:30:00
IFC announced a $12 million loan to Rider Iron and Steel Ghana to support the company’s construction of a steel manufacturing plant that will increase Ghana’s domestic steel production, creating thousands of jobs.
[Column] Phyllis Wakiaga: Public-private partnerships are key in combating illicit trade
15-07-2020 | 12:09:00
Illicit trade has a detrimental impact on the substantial growth of legitimate business in the country.
IFC finances One Tech with €23m to create jobs in Morocco and Tunisia
15-07-2020 | 10:24:00
IFC announced it will provide €23 million in financing to Tunisian company One Tech Holding to spur job creation and economic growth in Tunisia and Morocco.
Pensana Rare Earths lists Angola’s Longonjo Project on the London Stock Exchange
10-07-2020 | 07:46:00
Australian exploration company Pensana Rare Earths has listed its Longonjo project in Angola on the London Stock Exchange, representing the U.K.’s first resources-focused IPO since COVID-19.
[Nigeria] Mammoet completes heavy lifting and transport scope for the world's largest single train petroleum refinery
09-07-2020 | 12:25:00
With the final 1,240 tonnes propylene mounded bullet installed at Dangote Petroleum Refinery and Petrochemical complex in Nigeria, Mammoet is demobilizing equipment it has deployed there.
BUA Cement to establish ultramodern 3,000,000 metric tonnes cement plant, 50mw power plant in Adamawa, Nigeria
06-07-2020 | 14:20:00
West Africa’s BUA Cement announced it is set to establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyuk and Lamurde local governments of Adamawa state in the North Easter region of Nigeria.
[South Africa] Government commences investigation into the supply of scrap to the metals industry
04-07-2020 | 06:20:00
The Minister forTrade, Industry and Competition issued a trade policy directive to the International Trade Administration Commission of South Africa to urgently look into measures to help support the metals industry.
Government gazettes amendments to the regulations governing South African sugar industry
04-07-2020 | 05:51:00
The Minister for Trade, Industry and Competition (the dtic) , Mr Ebrahim Patel gazetted amendments to the Sugar Industry Agreement and South African Sugar Association Constitution.
[Column] Paulo de Matos: A four-step approach to building business continuity in uncertainty
03-07-2020 | 07:10:00
The role of procurement is about ensuring that business operations continue like clockwork no matter how disrupted the business environment is.
BAT Kenya unveils new corporate strategy
30-06-2020 | 07:44:00
British American Tobacco Kenya plc (BAT Kenya) has held its 68th Annual General Meeting that has seen the company launch its new corporate purpose.
[Nigeria] Absa successfully completes Dangote Cement debut Series 1 bond offering
24-06-2020 | 13:19:00
Absa Capital Markets Nigeria, acting as joint lead issuing house, successfully completed Dangote Cement debut Series 1 bond offering, allocating NGN 100 billion in 5-year fixed-rate senior unsecured bonds.
[South Africa] Sasol announces beneficial operations of fifth and sixth Lake Charles chemical project facilities
24-06-2020 | 08:23:00
Integrated chemicals and energy company Sasol announced that the Guerbet alcohol unit at our Lake Charles Chemicals Project achieved beneficial operations, three days after achieving beneficial operations on the Ziegler alcohol unit.
Dangote cement sustains 54,000 jobs in 4 African countries, study
22-06-2020 | 14:26:00
The President of Dangote Group said that despite the challenging economic situation in 2019, Dangote Cement was able to sustain 54,000 jobs in four African countries where the company has its operations.
[Column] Phyllis Wakiaga: Kenya economic recovery is anchored on saving lives and securing livelihoods
16-06-2020 | 07:37:00
The International Labour Organization (ILO) highlights that protection of workers and their families from the risk of infection should be a top priority for all economies at this time.
[Nigeria] Dangote to boost economic diversification with maiden clinker shipment
16-06-2020 | 06:52:00
Dangote Cement has set the pace with the exportation of 27,800 metric tonnes of clinker to a neighbouring African country.
[Column] Sachen Gudka: Ease liquidity for Kenya businesses to attain a strong rebound
12-06-2020 | 06:28:54
Up to 81 per cent of local manufacturers have stated that they are hopeful that they will hold steady through the pandemic and continue to play their role in creating wealth and productive jobs for all citizens.
Germany looks to facilitate private sector investments in Africa
02-06-2020 | 10:09:00
With the recent ‘AfricaConnect’ €400 million initiative under DEG’s management, the German Development Ministry is looking to increase private sector investments and cooperation with the African continent.
Dangote, MTN emerge most admired African brands
29-05-2020 | 07:21:00
For the third time in a row, Dangote has emerged as the most admired African brand, of African continent origin, by consumers, paired with the telecommunication giant, MTN.
Josef Parzhuber joins Gates as President, EMEA region
27-05-2020 | 09:20:00
Gates Corporation, a leading global provider of application-specific fluid power and power transmission solutions, announced that Josef Parzhuber has joined the organization as president, EMEA.
AUDA-NEPAD, CSIR partnership to accelerate Africa’s transformation agenda
26-05-2020 | 09:05:00
The African Union Development Agency (AUDA-NEPAD) and the Council for Scientific and Industrial Research (CSIR) are strengthening their partnership through formalised technical cooperation to accelerate technology development in Africa.
[Column] Paulo de Matos: What manufacturers can do now to maintain continuity in the new normal
25-05-2020 | 10:14:00
Manufacturers and distributors are operating in intensely pressured times. Stats SA reported that manufacturing output contracted for the ninth consecutive month in February of 2020.
Cargill leverages technology to improve transparency in pursuit of a thriving cocoa sector
20-05-2020 | 08:41:00
The Cargill Cocoa & Chocolate 2018-2019 Sustainability Progress Report has highlighted how Cargill is using technology to connect every dot in the cocoa supply.
Procter & Gamble, Cargill partner to bring nature-powered innovation, fuel the future for more sustainable products
14-05-2020 | 13:17:00
An innovation developed in the corporate R&D labs at P&G that converts lactic acid into bio-based acrylic acid could be a helpful step to shift everyday goods to be made from annually renewable crops.
Promasidor Nigeria commits $5 million to revive dairy farm
12-05-2020 | 07:38:28
Promasidor Nigeria, a consumer goods manufacturer says it has committed $5 million to jumpstart Ikun Dairy Farm in Ekiti State as it looks to bolster the economic prospect of the state.
[Column] [Column] Phyllis Wakiaga: Home-grown solutions are key for sustainable development
08-05-2020 | 05:38:00
Necessity is the mother of all inventions. We are witnessing an increase in innovations as the world races to develop a vaccine to treat COVID-19.
[Uganda] Mukwano Industries moves business systems to the cloud to boost efficiency, visibility
06-05-2020 | 05:17:00
Mukwano Industries has grown into one of the leading FMCG conglomerates in East Africa, with interests that include manufacturing, agriculture and property development.
[South Africa] Absa PMI business activity indicator crashes to all-time low, survey
05-05-2020 | 10:14:00
The business activity index of the Absa PMI survey crashed to an all-time low of a mere 5.1 index points in the month of April.
Film, television production houses to resume operations in South Africa
04-05-2020 | 15:48:00
Acting Communications and Digital Technologies Minister has signed and gazetted directions allowing electronic communication services and network services, advertising agencies, film and television production companies to resume operations.
Association of Equipment Manufacturers submits industry priorities for U.S.-Kenya Trade Agreement
01-05-2020 | 11:13:00
The Association of Equipment Manufacturers (AEM) submitted its industry’s priorities for the proposed United States-Republic of Kenya Trade Agreement.
Mauritius to set up technical team to review local industrial sector
29-04-2020 | 10:43:00
Mauritius will set up a technical team to conduct a review of the industrial sector in the country, as well as propose recommendations for the consolidation of the local industry.
Manufacturing, logistical supply chain constraints inhibit vendors' capacity to address high demand for mobile PC devices in EMEA, IDC
28-04-2020 | 13:55:00
The Europe, Middle East, and Africa (EMEA) traditional PC market declined YoY in 20202Q1 and totaled 16.4 million units, according to International Data Corporation (IDC).
Sub-Saharan Africa bolsters efforts to boost local food and beverage manufacturing
28-04-2020 | 06:46:00
Countries across sub-Saharan Africa are actively seeking to reduce their dependence on food imports and grow local manufacturing.
Dutch development bank FMO invests $25 million in African Development Partners III
25-04-2020 | 13:30:00
Dutch development bank FMO has invested $25 million in African Development Partners III targeting companies in the food & agriculture, manufacturing and other sectors.
[South Africa] Construction, manufacturing businesses temporarily halt operations amid Covid-19, survey
22-04-2020 | 16:09:29
The results of a rapid response survey conducted by Stats SA during the lockdown was has been released.
[Nigeria] Dangote Refinery and Fertilizer units upgrade infrastructure with modern SAP technology
22-04-2020 | 14:33:00
With two of the continent's most ambitious industrial projects underway, Nigeria's Dangote Group has achieved the seemingly-impossible with an SAP-led digital transformation that was completed in record time.
Nordgold, SUMEC partner to construct new power plant in Lefa mine, Guinea
21-04-2020 | 10:22:00
Nordgold has signed an Engineering, Procurement and Construction agreement with SUMEC to design and construct a 33 megawatt power plant at its Lefa mine, one of the largest gold mines in Guinea.
[Kenya] KAM launches online directory of locally manufactured products
01-04-2020 | 11:16:00
Kenya Association of Manufacturers (KAM) has launched an online directory of locally manufactured goods, in the wake of the confirmation of coronavirus (COVID-19) cases in the country.
[South Africa] Sasol, government partner to produce unique blend of alcohol-based chemicals for hand sanitisers
31-03-2020 | 07:42:00
Sasol has partnered with the government to develop a new unique blend of alcohol-based chemicals to be used in manufacturing of hand sanitisers to help address the increase in market demand for the product.
EBRD boosts olive oil sector in Morocco
27-03-2020 | 07:52:55
The EBRD is helping to develop the olive oil sector in Morocco with a loan of up to MAD 55 million to Al Dahra Holding subsidiaries, Al Dahra Morocco Factories and Al Dahra Morocco.
Kenya plants first BT cotton seed
26-03-2020 | 10:12:16
Kenya has now joined six other African countries in commercial cultivation of Bt cotton.
[Column] Bob Koigi: Of coronavirus crisis and the silver lining for Africa
26-03-2020 | 09:12:00
As economies take a hit from the impacts of the Coronavirus pandemic, the crisis is birthing opportunities and continues to create crucial lessons on resilience and adaptation especially in Africa.
Unilever contributes more than 100 million euro to continue helping people affected by the corona crisis
24-03-2020 | 12:07:00
Unilever, the consumer goods manufacturer of brands including Dove, Knorr, Omo and Lifebuoy, today announced a wide-ranging set of measures to support global and national efforts to tackle the coronavirus pandemic.
Tongaat Hulett invests $29.5 million to resume sugar production in Mozambique
24-03-2020 | 05:52:00
South African-based sugar producer, Tongaat Hulett is set to resume operation at its Mozambican subsidiaries, the Xinavane and Mafambisse sugar mills by April with an investment of about $29.5 million.
Metso evaluating potential closure of its operations in Vereeniging, South Africa
19-03-2020 | 07:16:00
As part of the global supply footprint development strategy in its Minerals operations, Metso is initiating consultations to evaluate the potential closure or other alternatives for its operations in Vereeniging, South Africa.
TOMRA's new regional headquarters in Johannesburg to serve Kenya, Tanzania and South Africa markets
10-03-2020 | 12:29:00
TOMRA has opened new regional headquarters in Johannesburg to strengthen its commitment to customers in South Africa, Kenya and Tanzania.
Black Industrialists seek for investment and trade opportunities in Tanzania
06-03-2020 | 07:32:00
A group of Black Industrialists from South Africa will get an opportunity to seek investment and trade opportunities in Tanzania when they participate in a trade mission to Dar es Salaam this month.
Automotive industry continues to reflect power of good industrial policy in South Africa,Trade Minister
02-03-2020 | 15:49:00
The automotive industry in South Africa has continued to reflect the power of combining good industrial policy and foreign direct investment and it remains the backbone of the country’s industrialisation drive.
UK launches second call for proposals for Business Innovation Challenge in Kenya
02-03-2020 | 15:35:57
The UK launched the second round of a business innovation challenge fund that will see an additional 5 promising businesses receive grant funding and technical assistance of up to KES 13,000,000 each.
[Nigeria] Dangote Fertiliser commences pre-testing of $2bn plant ahead of inauguration
27-02-2020 | 09:05:00
Dangote Fertiliser has begun countdown to the inauguration of its $2 billion Granulated Urea Fertiliser complex located in the Dangote Free Zone.
[Rwanda] 12 African ed-tech startups to receive $40,000 grant from Mastercard Foundation
27-02-2020 | 05:28:00
The Mastercard Foundation Centre for Innovative Teaching and Learning in Information, Communications, and Technology (ICT) has announced the first 12 African EdTech startups for its first cohort.
[South Africa] Kwazulu-Natal manufacturers market health products in the Middle East
19-02-2020 | 07:47:00
KwaZulu-Natal based manufacturers, Inverness Beverages and Energy Supplements are marketing their healthy alternative and meal supplements products at the Gulfood Exhibition, currently taking place in Dubai, United Arab Emirates.
South Africa’s energy transition delivers on manufacturing jobs
19-02-2020 | 06:18:00
South Africa’s energy transition is poised to unlock economic growth and deliver thousands of much needed new jobs, at a time when the country faces staggering unemployment rates that threaten to continue well into the new decade.
East African Community partner states directed to enforce laws banning plastic carrier bags
11-02-2020 | 11:13:47
East African Community partner states have been directed to enforce relevant laws to effectively ban the manufacture and use of plastic carrier bags with immediate effect.
Norfund unveils strategy to boost agribusiness and manufacturing sectors in East Africa
07-02-2020 | 07:18:00
Norfund has announced the launch of its strategy in East Africa for the next three years, which includes scaling up investments in the manufacturing and agribusiness sectors.
[Kenya] MPC loweres Central Bank Rate to 8.25% from 8.50%
29-01-2020 | 08:09:00
The Monetary Policy Committee (MPC) lowered the Central Bank Rate (CBR) to 8.25% from 8.50%, citing a backdrop of domestic macroeconomic stability, potential risks to food supply and increased global uncertainties.
Carl Raymond R. Cruz appointed MD, Unilever Nigeria
16-01-2020 | 11:04:00
The Board of Directors of Unilever Nigeria has appointed Mr Carl Raymond R. Cruz to the Board as the Managing Director, effective 1 February, 2020.
[Egypt] Ezdehar Management acquires stake in Rich Food Industries
16-01-2020 | 07:28:00
Ezdehar Management has acquired an undisclosed stake in Rich Food Industries, a fast-growing manufacturer of convenience foods focused on the animal protein segment in Egypt.
DEG, AfricaConnect to finance for organic chocolate from Ghana
07-01-2020 | 14:25:00
DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH is now providing funds from the AfricaConnect programme to help set up a chocolate production facility in Ghana.
Lafarge Africa appoints El Dokani as MD/CEO
30-12-2019 | 11:17:00
Lafarge Africa has appointed Mr Khaled Abdelaziz El Dokani as its group managing director/cheif executive officer.
UNIDO, Egypt confirm support for Programme for Country Partnership
17-12-2019 | 11:56:00
During the World Youth Forum, the Director General of UNIDO met with President of the Arab Republic of Egypt to discuss the UNIDO flagship project in Egypt, the Programme for Country Partnership (PCP).
Afreximbank identifying projects to support Cameroon’s economy transformation
12-12-2019 | 06:25:00
The African Export-Import Bank (Afreximbank) is in the process of identifying projects in the key sectors of Cameroon to assist the country to achieve a rapid transformation of the economy through trade.
Economic diversification can create more, better jobs in Ghana, World Bank report
11-12-2019 | 14:21:00
Ghana’s economic growth has been strong over the past decade, with annual GDP per capita growth at 4.4 percent between 2006 and 2017.