Market News | Bankexpo Africa 2018

Market News

  • Nigerian Breweries Achieves 57% Local Sourcing Of Raw Materials

    Posted on :Thursday , 9th May 2019

    The Nigerian Breweries (NB) Plc says it has achieved 57% of its 60 per cent 2020 target for local sourcing of raw material for production.

    According to Sade Morgan, Corporate Affairs Director, local sourcing was an integral part of the company’s long term sustainability agenda as it remains at the heart of the company’s operations.

    &ldquo. . .

  • Kenya experiences 25 percent growth in its exports of duty-free goods to the US under Agoa act

    Posted on :Monday , 6th May 2019

    Marking one of the biggest leaps in nine years, according to the latest figures by the Kenya National Bureau of Statistics (KNBS), exports of duty-free goods to the US under the African Growth and Opportunity Act (Agoa) grew by 25 percent.

     
    The goods, especially textile products, grew from Sh33 billion in 2018 to Sh41.5 billion last year.
     
  • ALLWIN PACKAGING KENYA AND ISHIDA EUROPE WORK HAND IN HAND TO INCREASE MARKET VALUE

    Posted on :Tuesday , 30th April 2019

    In Kenya plastic packaging is almost entirely dependent on imports.  This is due to the post-harvest losses caused by insufficient packaging and processing technology in East African countries are as high as 30%, and up to 70% of fruits and vegetables have to besold with out packing and thus might get wasted. The increase in per capita income in Kenya has led to an increase in packa. . .

  • Kenya endeavors to enhance plastic industry

    Posted on :Tuesday , 30th April 2019

    Manufacturers in Kenya have been working strategies towards the reuse and recycling of plastic waste. By establishing the Kenya Plastics Action Plan, manufacturers under the Kenya Association of Manufacturers will align with the Ocean Plastics Charter, which is a long term private sector initiative on the sustainable manufacture, use and recycling of plastics

     
    Speaki. . .

  • Russian Agricultural Machinery Convoy To Expand In Africa

    Posted on :Monday , 29th April 2019

    Agricultural machinery produced by Rostselmash SC are planned to be supplied to Mozambique and East Africa, according to the agency of economic information Prime, with reference to the Director for export sales of the company, Maxim Maximov. We are talking about the implementation of a government project that provides for the export of 70 pieces of equipment to this. . .

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