Africa > Industry

Industry in Africa

  • Govt accelerates SEZs rollout

    ZIMBABWE, 2017/03/07 THE Industry and Commerce ministry will any minute at this time announce the new board for the Appropriate Economic Zones (SEZs), as government speeds up the process expected to attract foreign direct investment into the country. SEZs are located within a country’s national borders and their aims include: increased trade, increased investment , job creation and effective government.
  • Mozambican company starts exporting macadamia nuts

    NETHERLAND, 2017/01/23 The Murrimo Macadâmias company, established in Mozambique under a joint venture between a company in South Africa and an extra in the Netherlands, is due in March to start its initial harvest of nuts five years next starting planting on a plot in Gurué, in the central province of Zambezia. The consortium made up of South African companies Crookes Brothers Limited and White Bird International BV, of the Netherlands, with experience in the production of fruits and other crops in Swaziland and Zimbabwe, has by presently invested additional than US$24 million in planting macadamia on a 3,000-hectare plot, of which 240 hectares have by presently been planted.
  • Angola: Cinfotec to Train Over 3000 Citizens in 2017

    ANGOLA, 2017/01/23 The Integrated Centre for Technological Training (Cinfotec) in the year 2017 intends to train and certify about 3,578 citizens, with a view to surpassing the figure completed in 2016, which is 2,578, said last Thursday, in Luanda, the institution's general director, Gilberto Figueira. Deliverying a speech at the ceremony that served to open the 2017 term, Gilberto Figueira said it is fundamental to endow professional with the right competences and tools in areas like electricity, mechatronics, data and communication technologies, and meteorology.
  • Nigeria: Dangote Sets Up Truck Assembly Plant in Lagos, Creates 3,000 Jobs

    NIGERIA, 2017/01/17 Africa's richest man and foremost entrepreneur, Aliko Dangote, is setting up a $100 million vehicle assembly plant in Lagos, to tap the opportunity provided by the scarcity of forex and help tackle employment crisis in the country. The plant will be churning out heavy business trucks on which his conglomerate, the Dangote Group spends huge all to import for distribution of its products both locally and across the continent. Chief Corporate Communication Officer of Dangote Group, Mr. Anthony Chiejina confirmed the project, saying Dangote would be partnering a leading Chinese Company, National Heavy business Truck Group Company Limited, SINOTRUK to produce several thousands of trucks used mainly for haulage from its newly promoted assembly plant at Ikeja, Lagos.
  • Dangote Refinery to Drive Capacity in Africa by 2020 – OPEC

    NIGERIA, 2016/11/28 Africa’s richest man Aliko Dangote’s refinery in Nigeria will drive refinery capacity expansion in Africa, by 2020, the organization of petroleum Exporting Nations (OPEC) said in its 10th edition of World Oil Outlook (WOO). The refinery which OPEC considers as the initial privately owned and operated in Nigeria, is expected to refine as much as 650,000 barrels of crude oil per day.
  • South Africa's manufacturing output flat, points to slowing economy

    SOUTH AFRICA, 2016/11/16 South Africa's factory output was flat in September from a year ago, data showed on Thursday, contrasting strong second quarter economic increase and increasing the risk of a credit rating downgrade. Separately, mining output increased by 3.4 % year-on-year in September . But analysts said this was not sustainable as commodity prices struggle to recover.
  • Zimbabwean female carpenter builds profitable business in male dominated trade

    ZIMBABWE, 2016/10/29 A female carpenter Jennifer Rupiya is building a sofa at her workshop On the outskirts of Harare, Zimbabwe. She is one of few female carpenters in the city. Before she started her business, Charlywood Investments six years ago, Jennifer used to sell snacks to other carpenters again she started to take a keen interest in their work.
  • Incentives to attract investment in Kenya's automotive industry

    KENYA, 2016/10/04 Kenya's removal of excise business on locally assembled cars will boost the industry, but the government must make power supplies cheaper and address other concerns to draw additional investment , the automobile industry association chief said on Thursday. With little increase in mature markets, automakers are looking to tap into emerging African markets, but there is plenty of competition on the continent for where they may invest.
  • South Sudan chaos hinders Uganda Breweries supplies

    SOUTH SUDAN, 2016/07/25 Uganda Breweries Ltd says that the chaos in South Sudan has hampered their distribution chain in the country slowing down their business. According to Mark Ociiti Ongom, the In-Coming Uganda Breweries Ltd Managing Director the highly consumed beer of Bell is not smoothly moving around the problematic country due to the chaos. “The violence in South Sudan has somehow made us to reduce on our supplies of our brands particularly Bell throughout country. Bell lager is highly consumed in South Sudan. Deeper areas into South Sudan market are challenging,” said Ociiti.
  • East Africa moves to curb used car imports, boost local assembly plants

    DJIBOUTI CITY, 2016/06/13 East African states are tightening controls on used car imports in a drive to cut pollution and boost the local manufacturing industry. Kenya recently announced that it would scale up its used car emissions laws, joining Uganda which has by presently introduced related taxes. Cabinet Secretary in Kenya’s Ministry of Transport James Macharia said that the policy would any minute at this time be in place and that motorists found to be in breach of the law risk having their cars deregistered. “By the end of the year, we will require vehicles countrywide to undergo a mandatory inspection to determine their level of toxic emissions,” said Mr Macharia.