Market News
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General Electric to build manufacturing unit in Africa
Posted on :Wednesday , 19th November 2014
The decision to build the manufacturing unit follows the conclusion of GE’s agreement with the Nigerian government in January 2013.
P&G to invest US$170 million in Africa
Posted on :Wednesday , 19th November 2014
The plant, which is expected to create more than 500 jobs, will manufacture products like detergents and hygiene goods for local and export markets. Construction of the new plant will start in 2014, while production will commence in 2016 or early 2017.
Indorama to build fertiliser plant in Africa
Posted on :Wednesday , 19th November 2014
Indorama management declared that all plans have been concluded towards the setting up of the plant, which will be Africa’s largest fertiliser unit.
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Elevator Manufacturer Kone acquires Marryat dealers in East Africa
Posted on :Tuesday , 18th November 2014
Elevator manufacturer Kone has acquired Marryat & Scott (Kenya) and Marryats East Africa, in a deal that would see the company grow its grip in Kenya, Tanzania, Rwanda and Uganda. Kone’s executive vice-president for West and South Europe and Africa, Pierre Liautaud, has said that there are new housing and infrastructure projects that have emerged in Africa due to the region&r. . .
Afrox opens air separation unit in Africa
Posted on :Tuesday , 18th November 2014
The investment is part of a three-year programme by Afrox and its parent company Linde Group and directed at boosting customer service levels and supporting the company’s growth strategy in South Africa.Afrox said that the new plant was built to meet global standards. Afrox managing director Brett Kimber said the newly-commissioned air separation unit will produce hig. . .Please Select an Option
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