Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC)- Yofi Grant, says his outfit is seeking to use the China Trade Week to attract more investments to Ghana.
An aluminum profile factory with an annual production capacity of 10,000 tonnes, a $40 million investment from China's CITIC, has been inaugurated in the Luanda-Bengo Special Economic Zone (ZEE) in Viana Angola.
International Data Corporation (IDC) published an IDC Innovators report profiling four companies in EMEA with compelling and differentiated 3D printing workflow management solutions.
For more than three decades, UNIDO closely collaborated with private and public partners to develop the Ethiopian leather industry in order to capitalize on the country’s vast raw material and employment potential.
The key boon of manufacturing is that it absorbs large swaths of workers and places them into productive and decent paying jobs.
Coca-Cola Beverages Africa selects Demand Driven Technologies to improve supply chain planning and execution
Demand Driven Technologies has signed an enterprise software agreement with Coca-Cola Beverages Africa to deploy Replenishment+® supply chain technology to 26 manufacturing facilities.
A South African Free State company, Basils Business Opportunities, is headed for Uganda to look for the export market for its agro-processing equipment that it is manufacturing at its Bloemfontein-based factory.
Among policymakers and scholars across the globe, a robust manufacturing sector is broadly understood as a fundamental path to economic growth and development.
As far as trading blocs go, the European Union (EU) has been a global case study of turning a free market into a common market.
Kenya Association of Manufacturers (KAM) in partnership with Nordic Countries have launched a Green Hub to address climate change challenges affecting the country.
AfDB extends $80 million line of credit to boost Botswana's industrialization and regional integration projects
African Development Bank Group has approved an $80 million line of credit to the Botswana Development Corporation Ltd, BDC, to help the country’s industrialization and regional integration.
The South Africa Department of Trade and Industry (the dti) Minister, Dr Rob Davies launched a multi-million rand Defy’s Top Loader washing machine investment in Durban.
The South Africa Minister for Trade and Industry said the launch of the R49 million Ekandustria Industrial Park is recognised as a potential catalyst for broader economic and industrial development.
Harsco Corporation has announced that its Metals & Minerals division has further expanded an existing agreement with Egyptian Steel, the manufacturer of rebar and wire rods in the Middle East and North Africa.
African manufactures, retailers bet on product innovation, distribution to win customers, Nielsen report
The latest Nielsen Africa Prospects Indicator (APi) Report reveals interesting shifts in African manufacturer and retailer business priorities.
A South African business delegation arrived in Brazil to participate at the 12th Latin American Defence and Security Exhibition (LAAD), to showcase their industrial capability as well as deepen the two countries' relations.
The USTDA announced a grant supporting a feasibility study for solar systems that will bring to clean power to thousands of people in Ghana.
The idea behind the decentralization of Government into devolved units was a noble one. Its main intent was to ensure that each and every Kenyan citizen can have an equal chance at living a productive quality life.
The Nairobi Securities Exchange (NSE) has admitted Bluenile Rolling Mills Limited onto Ibuka, NSE’s incubation and acceleration program.
IFC, a member of the World Bank Group, is providing up to $100 million in financing to the Middle East Glass Manufacturing Company (MEG), Egypt’s maker of glass containers.
AfDB has approved a €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium Sized Enterprises in Francophone West Africa.
The Monetary Policy Committee retained the Central Bank Rate at 9.00 percent as at March 27, 2019.
The KNCCI in collaboration with the Embassy of the Republic of Tunisia organized the 1st Kenya-Tunisia Business Forum with the aim of creating long-term economic relations between Tunisia and Kenya.
The European Investment Bank, the long-term lending institution of the European Union, and Bank of Kigali have agreed their largest ever cooperation to support new business investment across Rwanda.
The South Africa Minister for Trade and Industry Dr Rob Davies will launch the R28 million revitalised Ga-Rankuwa Industrial Park on Thursday, 28 March 2019 in the North-West region.
AXEON Water Technologies,has announced the appointment of ADEKHA as an authorized distributor and strategic partner for the Middle East and African regions.
South African small business manufacturers in the cosmetics industry would do well in international markets and meet the high export demand as their products are of high quality and affordable, according to CECOSA Executive Director.
Dutch brewing company Heineken Has unveiled its first brewery in the district of Maputo, Mozambique.
Twenty-seven South African companies will get an opportunity to explore trade and investment opportunities in Ghana when they participate in an Outward Trade and Investment Mission from 24-30 March 2019.
Dangote Fertilizer Limited has entered into a long-term agreement with Chevron Nigeria Limited (CNL) for the delivery of Natural Gas from Chevron's supply portfolio to the fertilizer plant.
Bidco Africa, the largest manufacturer of FMCG in East Africa, migrates to SAP HANA Database to gain real-time and in-memory computing capabilities to improve its delivery to customers.
South Africa, Mozambique and the UK progress in finalizing a roll-over Economic Partnership Agreement
South Africa Minister for Trade and Industry says progress has been made to finalize a roll-over Economic Partnership Agreement between the Southern African Customs Union, Mozambique and the UK.
Manufacturers in Kenya have pledged to join a global initiative to manage plastic waste in the country.
Bidco Africa, with the support of its implementation partner, Seal Infotech, has completed the migration of its operations to SAP HANA.
Two KwaZulu-Natal companies, Royalty Agri-Biz and Your Best Choice are on a mission to explore export opportunities for their products in India.
Telecom Egypt recorded consolidated profits of LE 3.49 billion during 2018, compared to LE 3.05 billion in 2017 including minority rights, with an increase of 14.26 percent.
Innova Eco Building System has entered into a joint venture agreement to build a $40 million manufacturing plant bringing its green building technology to Mwale Medical and Technology City.
Creating a more efficient footprint, Isuzu Motors South Africa has officially launched its consolidated truck and bakkie manufacturing plant.
Kenya Association of Manufacturers (KAM) has launched the Manufacturing Priority Agenda (MPA) 2019 under the theme, Closing the manufacturing gap through the Big 4 Agenda for shared prosperity.
Taxation is a key element in cost of doing business and hence should be designed to optimize growth of industry and increase overall competitiveness.
In 1965, a tiny country in Asia was expelled by its ‘Mother Country’. At its point of departure from the Federation of Malaysia, Singapore, a 580-square Kilometer Island, had no natural resources.
The Director General of the Italian Ministry of Foreign Affairs and International Cooperation signed three new funding agreements of €5.8 million for projects in Mozambique, Tunisia and MENA regions.
The government of South Africa is set to announce a master plan aimed at growing the clothing, textile, footwear and leather retail value chain.
[Kenya] Manufacturers, retailers, suppliers sign Code of Practice to guide prompt payment in retail sector
Kenya Association of Manufacturers, Association of Kenya Suppliers and Retail Trade Association of Kenya have signed the Retail Trade Code of Practice to guide prompt payment in the retail sector.
As customers demand top notch services grows and competition reach fever pitch, companies are investing millions to improve infrastructure and service quality.
Global vehicle manufacturer Mercedes-Benz looks forward to resuming production in Egypt soon, a senior official of the company has said.
President Uhuru Kenyatta has urged local motor vehicle assemblers to innovate ways of producing quality vehicles that are affordable for Kenyans.
The progress of Africa’s economy over the last decade has been remarkable. In 2018, six African nations – Ethiopia, Ghana, Tanzania, Senegal, Ivory Coast and Djibouti – feature in the fastest-growing economies in the world.
[South Africa] Special Economic Zone to significantly contribute to the economic and industrial development
The Minister for Trade and Industry South Africa, said the recently designation of the Nkomazi Special Economic Zone (SEZ) will contribute significantly to the economic and industrial development.
Catalyst Principal Partners, a Nairobi-based private equity firm has acquired three top tier mattress manufacturers in Uganda, Malawi and Kenya.
By deliberately centering Manufacturing in the Big 4 Agenda, Kenya made an expedient decision to steer itself back on the fast track towards realizing Vision 2030.
IFC CEO has signed accords with the National Bank of Ethiopia (NBE) to expand trade and local currency financing as part of broad effort to support private sector in Ethiopia.
GreenTec has announced its investment in Afrilife, a Tanzania-based producer of organic honey and bee products.
50 per cent of all new Kenyan jobs are estimated to come from medium and large companies, despite them constituting only 20 per cent of all firms in the manufacturing and services sectors.
Special Ice, a manufacturing company in the beverage industry in Ghana, has chosen REDAVIA, to establish its first solar farm in Ghana.
Kenyan manufacturing risks further de-industrialization if the government and firms do not adapt to new digital technologies.
The government of Senegal in collaboration with UNIDO have opened a new industrial park forty kilometers (24 miles) from Senegal's capital, Dakar.
Kenya Power has announced a gross profit of KShs.3.1 billion for the year ended 30th June 2018. During the trading period, electricity sales increased by 2.3 % from 8,272 million units the previous year to 8,459 million units.
The core of any economy is the ability of economic agents to convert inputs – capital, labour, energy, raw materials and purchased services – into useful products.
The South African companies that were exhibiting at the 1st China International Import Expo (CIIE) in Shanghai China last week said that there are business opportunities for South African companies in China.
The Ministry of Environment and Forestry and members of the Kenya Association of Manufacturers (KAM) will host a public forum on Polyethylene terephthalate (PET).
It is quite telling that presently, the port of Mombasa is losing a chunk of Rwanda’s business to Dar es Salaam Port.
A senior official of the UN Economic Commission (ECA), has told Cameroon’s development planning and statistics authorities that the law of the market, called ‘the invisible hand’ in economics, cannot by itself promote diversification, industrialization and the structural transformation of the economies.
The Cuban Chamber of Commerce has expressed its willingness to assist South African companies and investors who are willing to trade and invest in different sectors of the economy.
With Kenya’s ambitious target to grow the manufacturing sector by 36% every year until 2022, isn’t it time we focus on radical customized solutions for tangible results?
Limpopo spices manufacturer and founder of Phuti Food Manufacturing company says the main motivation behind the showcasing of his range of spices at the 27th edition of the Salon International de l’alimentation in Paris, is to establish new clients.
Kenya Association of Manufacturers (KAM) has launched a report that seeks to identify cross-cutting constraints to growth, possible solutions, and sector-specific interventions to unlock the manufacturing sector’s growth potential.
The African Development Bank has approved a $50 million line of credit to Nigeria's Fidelity Bank Plc to support small and medium sized, and women-owned enterprises in selected transformative sectors.
Access to clean water is still a challenge in most of the sub-Saharan Africa countries. Due to the scarcity, the ones who are lucky enough to access it have to dig deeper into their pockets in order to enjoy this basic commodity.
Even as Kenya continues to seal loopholes of money laundering and illicit flows, details are emerging that the country is experiencing sophisticated forms of tax evasion.
The fate of hundreds of small and mid-sized businesses that have been supplying Athi River Mining Company, ARM, since 1974 when the manufacturer first set up shop now rests with the recently appointed administrators from PWC who have taken charge of the business.
Philip Morris International Inc. has been recognized for the third consecutive year as a Top Employer in Africa, awarding the company’s commitment to creating an excellent work environment for its employees.
From mid this year the apparels sector in Kenya has been had hit by the cost of doing business, with major investors such as Long Yun Garments in Mombasa, shutting down and several others in different counties downsizing and reducing their operations.
Lafarge Africa, with its ambition to grow in Nigeria has decided to further strengthen the company by issuing a new rights issue.
Kenya Association of Manufacturers (KAM) has recommended the formation of an industry-led multi stakeholder Taskforce that will advise on people-driven public expenditure, debt and taxation policies.
In today's advanced economies, manufacturing remains critically important to both developing and developed world.
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.
Sumitomo Rubber South Africa, manufacturer of the popular dunlop, sumitomo and falken tyre brands, has launched its new, state-of-the-art truck and bus radial factory in ladysmith, kwazulu-natal.
Unionaire Group has entered into a partnership with MIDCO, a subsidiary of the Tunisia-based Loukil Group, under an arrangement facilitated by the African Export-Import Bank (Afreximbank).
Chinese multinational heavy equipment manufacturing company SANY has signed concrete machinery and dump trucks dealership agreement with Rhombus, the powerful ready-mix and bulk cement supplier in Kenya.
Kenya Association of Manufactures (KAM) in partnership with Dandora Hip Hop City have held a capacity building workshop as one of the activities in a capacity building, clean up and community engagement program.
Mergers, expansions, partnerships, taxation controversy and delays at major installations have dominated Kenya’s headlines this week.
The Director General of the United Nations Industrial Development Organization (UNIDO), LI Yong, congratulated the Government of Hunan province for its continuous efforts to promote investment in Africa under the Chinese Government’s Belt and Road Initiative.
Artisanal timber millers are the key suppliers to Ghana’s domestic timber market. However, they have only limited access to commercial timber from production forests.
Money is the bloodline of any economy, and for businesses to thrive, its steady flow and circulation are critical. Cash is king.
Almost a fifth of Kenyan manufacturers have made losses in the last five years due to warehousing shortage in the country.
Kenya’s public institutions have this week increased their investments in technology to improve service delivery and address some of the most pressing problems in a development that is receiving thumbs up from both local and international players.
The Kenya Association of Manufacturers (KAM) has inked a partnership deal with Brand Kenya Board to hasten the uptake and implementation of the Made in Kenya Brand Mark
Kenya Power has reiterated its commitment to provide affordable and reliable energy to manufacturers and its other customers to support the government’s Big 4 Agenda.
Each year counterfeit goods cost the Kenyan economy $300 million in a well-oiled illicit trade that has not only taken away the citizen’s right to quality and genuine products, but put their lives at risk by infiltrating their markets with substandard goods.
The Kenya Association of Manufacturers (KAM) has urged COMESA to consider establishing an institution to deal with counterfeits and dumping in the regional market.
The announcement of the new power tariffs by Energy Regulatory Commission (ERC) has indicated an unexpected increase in energy costs for all in the country.
Kenya Association of Manufacturers (KAM) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have launched a project seeking to promote manufacturing SMEs in East Africa by scaling up their business operations.
With competition across public and private sector now being driven by innovation, Kenyan institutions have invested heavily in modernizing operations and selling the convenience message to customers.
Bolloré Logistics Kenya has signed a contract to provide logistics services to Mobius Motors, an automotive start-up created in 2011 that manufactures Kenya’s only local vehicle brand.
Kenya Association of Manufacturers (KAM) has partnered with the University of Nairobi (UoN) to develop strategies that promote ethical and legal business practices within the private sector.
Lafarge Africa Plc has recorded net sales of N162 billion, about $448 million, for the first half 2018 and N82 billion, approximately $226 million, for the second quarter of 2018.
Despite more than 80 per cent of the beef consumed in Kenya being produced by pastoralists according to a 2011 study, they still struggle with poor market prices and scarcity of fodder.
The Namibian economy does not operate in a vacuum and we are very dependent on our larger neighbor South Africa when it comes to the health of our economy. H
The Government has prioritized the Manufacturing Sector in the Big 4 Agenda primarily because, through local content provision, it functions as a support provider and catalyst for achievement of the other pillars.