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Industry in Africa

  • Zimbabwe No Joy for Newzim Steel in 2015

    ZIMBABWE, 2015/01/30 The year 2015 will mark exactly four years after Government and Indian conglomerate, Essar Africa Holdings, put pen to paper in a deal that put smiles on the faces of millions of Zimbabweans - the revival of Kwekwe-based steel manufacturer, Ziscosteel. After a number of failed deals with other potential suitors, a rescuer had finally come to the aid of the defunct steel giant. At the time in 2011, the Ziscosteel revival deal was estimated to be worth over $750 million and promised to resurrect economic activity not only in the small town of Redcliff but in the Zimbabwean economy as a whole.
  • Nigeria earmarks N15 billion for cement training

    NIGERIA, 2014/12/17 The Industrial Training Fund (ITF) and Dangote Nigeria Plc have earmarked N15 billion Naira, for the training of technicians to ensure the production of quality cement across the country. This is according to a statement by the Daily Independent in Lagos. According to the newspaper the ITF Director-General, Mrs Juliet Chukkas-Onaeko, revealed this at an interactive forum with stakeholders in Lagos on Monday. Chukkas-Onaeko said the training was in support of the transformation schedule of the Federal Government and the Nigerian Industrial Revolution Plan (NIRP).
  • Malawi: Kamuzu Stadiums' Artificial Turf Near Expiry

    MALAWI, 2014/12/15 Eight years next it was laid at Kamuzu stadium's soil, the artificial turf is fast approaching its expiry date with only three years to go before it is restored. The turf which was not well taken care of since it was laid could have lasted for additional years. The management of the facility failed to meet conditions that could have increased its life span. Football association of Malawi embarked on a project to make the turf available because it is not costly to take care of as compared to natural glass.
  • SME Expel Over 1000 Foreigners for Illegal Stay in Angola

    ANGOLA, 2014/12/11 The Migration and Foreigners Services (SME) expelled on November 27 to December 3 this year, at least 1.610 foreigners of various nationalities for illegal remain in the country. A source from the Interior Ministry informed on Tuesday to Angop that the figure represents additional 516 expatriates compared to the previous period, stressing that citizens were expelled from the country by administrative and legal proceedings.
  • Tangier quickly becoming the African Detroit

    MOROCCO, 2014/11/21 Morocco’s automotive industry has shifted into top gear, experiencing double-digit increase, with exports of cars up 90% so far this year Request for the Sandero, one of Renault subsidiary Dacia’s top selling cars, has skyrocketed in Europe. Sales of the hatchback along with Dacia’s other top-selling model, the Duster SUV, sparked a 24% increase in the company’s sales in the region in the initial half of 2014. To keep up with growing request for the hot-selling hatchback, Renault announced last year that it would increase production at its Tangier plant in Morocco to 400,000 vehicles a year in the coming years, up from 200,000 in 2013 and 60,000 in 2012, at the same time as it opened the factory at a cost of $1.5 billion. Recently, Europe's third-major carmaker said it is considering shifting production of engines to Tangier. "We are thinking about it, but we initial need to have a stronger supply chain on the ground," Renault CEO Thierry Bollore said at an auto show in Paris before this month.
  • Algerian-Prime-Minister-Abdelmalek

    ALGERIA, 2014/11/13 Prime Minister Abdelmalek Sellal inaugurated Monday car manufacturing plant Renault in Ouled Telat, Oran (432-km west of Algiers). The inauguration ceremony was attended by two French senior officials, namely the minister of Foreign Affairs and International Development, Laurent Fabius, the minister of Economy,Industry and Digital Data, Emmanuel Macron, and the CEO of Renault Group, Carlos Ghosn. Set up over an area of 151 hectares, in Oued Tlelat, in the south of Oran, the project has cost so far nearly EUR50 million, and is expected to raise investments until EUR800 million on the mid-term.
  • Huye Lays Ground Work for Industrial Park Development in Rwanda

    RWANDA, 2014/08/21 WHEN BONIFACE NZITABAKUZE was asked to leave his house in Sovu Cell and look for another place to relocate his family, he first thought his rights were being violated. That was about two years ago as authorities in Huye District, Southern Province, moved to clear a zone earmarked for industrial development. A year earlier, government had adopted plans to set up four provincial industrial parks in Bugesera, Huye, Nyabihu and Rusizi districts in a move that was aimed at spurring local development and boosting the manufacturing sector.
  • Nigeria denies imposing 70% tarrif on imported new, used vehicles

    NIGERIA, 2014/07/06 The Nigerian government Wednesday denied reports that it has imposed a flat 70 % tariff on all categories of imported new or used vehicles coming into the country as part of its new automotive policy which came into result on Tuesday. The government explained that the 70 % tariff covers all the vehicle importers who have not keyed into the new automotive programme. Nigeria’s Minister of Industry, Trade and Investment , Dr. Olusegun Aganga, told journalists at the end of the weekly Federal Executive Council (FEC) that the new policy was intended to not only encourage local production of vehicles but as well to provide jobs to the teeming young Nigerian professionals inclunding boosting transfer of technology.
  • Africa: Industrialization dreams fade due to poor policies in Africa

    AFRICA, 2014/05/15 Africa’s efforts to industrialise is failing due to poor policies and protectionist measures leading to high cost of manufactured products, experts said here Monday. “There has been a decline in industrialization since the 1960s. The industrial sector’s ratio to the Gross Domestic Product (GDP) - a measure of economic wealth - has been on a decline due to a number of factors,” Patrick Olomo, an expert at the African Union Department of Economic Affairs.
  • Revenues from exports in the manufacturing industry in Tunisia dropped

    TUNISIA, 2014/04/19 Revenues from exports in the manufacturing industry in Tunisia dropped by 4% over the initial three months this year, compared to the same period last year, the Tunisian agency for industry and innovation promotion, said on Thursday. The revenues in the manufacturing industry sector were 5,843 million Tunisian dinars in the initial quarter of last year, as against 5,612 million dinars for the same period this year.