Market News
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China VP Stresses Industrial Investment in the African Continent
Posted on :Friday , 18th September 2015
Hangzhou — Chinese Vice President Li Yuanchao called on China and Africa to draw on private investment in their industrial cooperation when he addressed the fourth China-Africa People's Forum in Yiwu of east China's Zhejiang Province on Wednesday.
The city is known as the world's largest wholesale market for small consumer goods and is home to more than . . .
Africa: Metallon Acquires New Equipment for Effective Industrialization
Posted on :Friday , 11th September 2015
Metallon Corporation has acquired new equipment for its subsidiary, Arcturus mine in a move expected to turn around operations at the mine, a company official said. Metallon recently announced its intention to spend over $20 million on new projects this current financial year to increase production volumes as gold prices remain unpredictable on the global market.
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An African province to get US$350mn industrial hub
Posted on :Thursday , 10th September 2015
An Angolan investment group has agreed to develop an industrial hub in Lubango, Angola for US$350mn
brewery-pixabaySTI's investment will be used to develop a brewery, mill, slaughterhouse, soft drink plant as well as a dairy products factory.The investment is being made by Silvestre Tulumba e Investimentos (STI), an Angolan investment firm that specialises in . . .
NIRP to boost Africa manufacturing sector
Posted on :Thursday , 10th September 2015
The Nigeria Industrial Revolution Plan (NIRP) is likely to increase the annual revenue of the nation’s manufacturing sector to US$25bn, said Nigerian minister for industry, trade and investment Olusegun Aganga
constructionThe minister said that the goal of the NIRP was to increase the contribution of the manufacturing sector’s GDP from the current seven . . .
East Africa to invest US$1bn in manufacturing sector
Posted on :Wednesday , 9th September 2015
Ethiopia is planning to invest US$1bn in industrial parks over the next decade to boost exports, improve the textile sector and enhance the country’s overall position as a major manufacturer
Arkebe Equbai, special advisor to the Ethiopian Prime Minister said, “In terms of industrial development and manufacturing development, we want to make Ethiopi. . .Please Select an Option
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