Market News
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Saudi Arabian firm begins Industrial exploration in East Africa
Posted on :Wednesday , 26th November 2014
Saudi Arabian conglomerate SABIC, which is 70 per cent-owned by the government and has interests in chemicals production, fertilisers, industry polymers and metals, has been exploring the Atomai Mines in Zouerate, northern Mauritania and has been conducting a series of feasability studies. The site is beli. . .
Africa plans to develop Industrial sub sectors
Posted on :Wednesday , 26th November 2014
Aganga noted that the initiative was in line with the Nigeria Industrial Revolution Plan (NIRP), which has been strategically developed and linked with sectors of the economy where the country currently has competitive and comparative advantage such as mines, steel and agri-business.
Egyptian Steel planning for IPO in 2015
Posted on :Wednesday , 26th November 2014
According to Reuters,Egyptian Steel chairman Ahmed Abou Hashima said the company planned to also increase production cap. . .
GZ Industries to invest US$100 million into manufacturing facility in Kenya
Posted on :Wednesday , 26th November 2014
The company plans to begin operations in early 2015 and will produce 1.2bn cans annually, it stated.
Africa to Partner Israel, India, China Others On ICT Growth
Posted on :Tuesday , 25th November 2014
AS a measure targeted at improving the growth of Information and Communications Technology (ICT) in Nigeria, the National Information and Technology Development Agency (NITDA) has informed of plans by the country to sign a Memorandum of Understanding with countries . . .
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