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Market News

  • African steel wire manufacturing incorperates European and American manufacturing standards

    Posted on :Friday , 19th December 2014

     Stainless steel metal and inert gas (MIG) welding wire, locally produced by stainless steel bar and wire producer Wire Products Stainless Steel (WPSS) since 2010, was tested by the Italian Welding Institute, in Genova, in the past two months and found to be similar to products of European quality and standard, WPSS director Clinton Lautenberg tells Engineering News.

     
    . . .

  • Africa: More Investors Commit to Boosting Exports

    Posted on :Friday , 19th December 2014

     Eight more companies have signed agreements with government committing to increase production and scale up exports.

    Investors Turn to East Africa for Growth Prospects

    Posted on :Friday , 19th December 2014

     Investors targeting Africa are looking east as an oil-market rout depresses economic growth prospects in Nigeria and other crude-producing nations.

    IDC looking to establish manufacturing plant in Africa

    Posted on :Thursday , 18th December 2014

     The Industrial Development Corporation (IDC) has issued a call for proposals to conduct a prefeasibility study (PFS) on the establishment of a soda ash, or sodium carbonate, manufacturing plant in South Africa.

     
    The IDC said soda ash was used in a number of manufacturing processes and, while the production of natural soda ash was largely dependent on trona ore . . .

  • Indian trade mission to Africa to generate millions

    Posted on :Thursday , 18th December 2014

     The Federation of Gujarat Industries (FGI) hopes that its current, nine day, trade mission to South Africa will, on its own, generate at least $10-million in bilateral trade. So stated FGI senior VP and mission head Janak Seth at a trade briefing in Sandton (north Johannesburg) on Thursday. Gujarat is a coastal state in north west India.

     
    While the state contai. . .

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