The Department of Trade and Industry (the dti), will launch the Specialised Industrial Facility (SIF) at the Ekurhuleni East Technical Vocational Education and Training (TVET) College, in Springs, Gauteng on Friday, 6 December 2019.
SANSA plans to build a new engineering design facility that will bring immense benefits to the space industry in South Africa.
The European Union and COMESA signed 8.8 million Euros Contribution Agreement to increase private sector participation in sustainable regional and global value chains.
Safaricom has announced a partnership with Kenya Breweries Limited (KBL) to connect and enhance its coolers.
Africa has grasped the Fourth Industrial Revolution, needs to improve access to finance, skills and inclusive growth, AfDb report
A report compiled by the African Development Bank reveals a continent that is embracing the brave new world of the Fourth Industrial Revolution but needs to improve access to finance, skills and inclusive growth.
IFC, a member of the World Bank Group, has opened an office in Angola to deepen its support for private sector development and economic diversification the country.
The EIB has formally agreed to support membership expansion of the African Trade Insurance Agency with a concessional financing facility to cover the shareholding of three prospective members - Cameroon, Niger and Togo.
The Port Elizabeth, Eastern Cape-based cables and transformers for electricity manufacturer, Aberdare Cables is seeking to supply Nigeria with quality cables and transformers at a competitive price.
Kemin Industries has announced an increased partnership with ME VAC, an animal vaccine manufacturer in Egypt, to further expand the Kemin portfolio in the global animal vaccination market.
The Deputy Minister of Trade and Industry (the dti) has welcomed Procter & Gamble’s R300 million investment in a new Always sanitary pads manufacturing plant which has created 300 jobs in South Africa.
GE will modernize seven GE LM6000PC Aeroderivative Gas Turbines and Install Its Asset Performance Management (APM) Digital Solution at Dangote Cement Plants in Obajana and Ibese, Nigeria.
Sasol and Nduna Maritime have entered into a R400 million enterprise and supplier development (ESD) funding agreement through the Sasol Siyakha Trust, in South Africa’s first locally-owned maritime vessel.
The Director-General of the dti said that even though global growth remains subdued and South Africa was confronted by a host of indirect risks consequences, it still achieved significant strides in job creation and economic growth initiatives.
[Nigeria] Afreximbank urges creation of specialised agency to take advantage of AfCFTA opportunities
The President of the Afreximbank urged Nigeria to set up a specialized agency to enable it take advantage of the opportunities offered by the implementation of the African Continental Free Trade Area (AfCFTA).
The National Regulator for Compulsory Specifications (NRCS) confiscated thousands of cement bags which were found to be non-compliant with the requirements of the compulsory specification on cement.
Rwanda's President Paul Kagame launched a high tech smartphone factory in the country's capital Kigali, the first of its kind in Rwanda and Africa.
IDC's latest forecast shows that IT spending in the Middle East and Africa (MEA) is set to reach $83.7 billion in 2020.
UNIDO, Mitsui partner to raise environmental awareness, advocate for sustainable alternatives to plastic products in Africa
UNIDO and Mitsui have agreed on a collaboration and partnership framework to work to promote awareness of more environmentally sustainable alternatives to single-use plastic products in Africa.
[South Africa] Global financial leaders launch digital platform to tackle international trade barriers, bolster business growth
Financial leaders from banks around the world convened in London to mark the official launch of the Trade Club Alliance.
Deputy Trade and Industry Minister Ahmed Taha reiterated cooperation with the German side in the digital transformation of Egypt's industrial sector.
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 41.6 index points in September, down from 45.7 in August.
Bamburi Cement, through its waste management division Geocycle, has partnered with Vivo Energy Kenya to collect and safely dispose waste oil from Shell service stations across the country and Vivo Energy’s commercial customers.
[Column] Phyllis Wakiaga: Collective action needed to fix Kenya’s wastewater today for a cleaner tomorrow
With manufacturing being one of the pillars of the President’s Big Four Agenda – which aims to increase manufacturing’s contribution to GDP to 15 percent – the country is likely to see the accelerated establishment of new industrial facilities.
The Department of Trade and Industry announces that a 50-year Durban Aerotropolis master plan has been unveiled and the plan will set in motion ground-breaking initiatives with regard to the development of Durban Aerotropolis.
A group of 35 South African companies from the agro-processing sector will showcase their products at the 28th annual World Food Moscow International Exhibition in Russia.
A group of 25 South African business people is in Perth, Australia in search of trade and investment opportunities as part of the Outward Selling Mission organised and funded by the dti.
The need to invest in new avenues of social income has become the driving force for new inventions in waste management.
The Steel Tube Export Association of South Africa’s drive to open export markets for its members will receive a major boost when it participates in an Outward Selling Mission (OSM) to Australia come this September.
G3G South Africa has announced the achievement of SAP Gold Partner status, an award is in recognition of their numerous successful implementations of both SAP Business One and SAP S/4HANA solutions.
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) measured 52.1 index points in July, up from 46.2 in June.
Pursuing export-led industrialization puts a country in a sustainable socio-economic development path.
The South Africa Minister for Trade and Industry Mr Ebrahim Patel has launched Aberdare Cables R135 million High Voltage Power Cables Plant in Port Elizabeth.
For years, trade has proven to be a key driver of economic growth for many countries across the globe. Trade has also been the fuel for driving regional integration for continents of the world.
The Board of Directors of the African Development Bank Group has approved a $8 million-targeted financing to Kenya's Credit Bank for lending exclusively to small and medium enterprises.
Growth is expected to be seen in the engineering insurance as Kenya embarks on completing its construction and infrastructure projects under the Agenda 4, says Kenindia.
The increased attention on SME growth both at a national and global scale, points to a reckoning that the future of business hinges on their success.
The recent move by Central Bank of Kenya to introduce the new generation currency notes has once again shone a spotlight on the grave subject of the illicit economy.
South Africa's manufacturing sector is under enormous pressure, contracting by 8.8% quarter-on-quarter in the first quarter of 2019, according to Stats SA.
The Capital Markets Authority (CMA) has signed a Memorandum of Understanding (MoU) with the Kenya Association of Manufacturers (KAM) to promote the growth and development of the manufacturing sector through the capital markets.
IFC, a member of the World Bank Group, announced a $60 million investment in Iluka Resources’ Sierra Rutile Limited to partner with the resources company as it expands its operations in Sierra Leone.
[Column] Phyllis Wakiga: Effective Kenya budget implementation critical to jumpstarting the manufacturing sector
A sound national budget is one that supports other essential instruments of Government policy to turn ambitions and plans into reality.
Global biotechnology company, Novozymes has opened a regional office in Nairobi. The investment will expand the presence in East Africa.
AGCO and AT Capital S.A have signed a memorandum of understanding to collaborate and work together towards the implementation of the Parque Agro-industrial de Moamba (PAM) Agri-Industry Park in Maputo, Mozambique.
OPIC and the U.S. Government’s development finance institution, announced that the agency will explore a new project with Sunshine Nut Co., which specializes in cashew processing operations in Mozambique.
[South Africa] Sasol achieves beneficial operation of second Lake Charles chemicals project production facility
Sasol, an integrated energy and chemical company based in South Africa, announced beneficial operation of its new ethylene oxide (EO) production facility at its Lake Charles Chemicals Project (LCCP) in the US.
Across the world, youth innovations are driving significant change.
Guinness Nigeria employees will begin to enjoy some of the best parental leave benefits in the country, with the business announcing a new policy that offers female employees 26 weeks fully paid parental leave.
Nike, MTN, Dangote, Ecobank and BBC have been recognized as the most admired brands in Africa by the Brand Africa Top 100 brands in Africa survey.
A group of South African business people who participated in the week-long Outward Trade and Investment mission to Uganda returned home with glee after generating leads and securing deals from the East African Country.
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.
Malaria has a devastating impact not only on the health and wellbeing of people across Africa and around the world, but also on economic growth and stability.
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.