N e w s

Piston manufacturing project seeks investment

 The African aluminium industry is one of the industrial pillars of the South African economy. The country has primary smelters of its own which are performing well. South Africa’s last remaining piston manufacturer closed in the last five years, a victim of the global slowdown in the automotive industry. The country now imports pistons from various parts of the world to support the automotive industry and.... Read more »

Posted on : Saturday , 22nd November 2014

Seeking investment for Industrial Development

 The Richards Bay Industrial Development Zone is seeking investors to invest in the production facility for carbonaceous paste for electrodes used in furnace linings. Carbonaceous electrode paste is used in closed electric smelting furnaces as a continuous self-baking electrode to produce calcium carbide and ferro-alloy. During the furnace operation the electrode paste acts as current conductor. Electrode paste is produced from.... Read more »

Posted on : Saturday , 22nd November 2014

Dangote to invest in manufactuaring plant in Tanzania

 Aliko Dangote is planning to invest in developing Mbinga coal mine in the southwest of Tanzania. This was disclosed during a meeting between Dangote and Tanzania’s Vice President Mohammed Gharib Bilal at the Africa Global Business Forum in Dubai.   Dangote is expecting that the coal from the mine will be used to power Mtwara Cement plant, located in the same region in the country. The amount of investment for the new coal.... Read more »

Posted on : Friday , 21st November 2014

AVIC International to set up headquarters in Nairobi-Kenya at US$ 200m

 AVIC International Holding Corporation has made public their intent to establish their African headquarters in Nairobi, Kenya. The project will be undertaken at a cost of US$ 200m. The building will be set up on a 2,500 square meters piece of land and will include commercial units, a hotel, residential units and offices. The time frame set for the project to be complete is five years and it is expected to create 2000 jobs during the.... Read more »

Posted on : Friday , 21st November 2014

Tanzania to undertake construction of mining and smelting plants

 Tanzania is planning to start local commercial production of iron ore and steel by construction of related smelting plants. The National Development Corporation (NDC) has said that the country is also expecting to produce 1.1 million metric tones per year, with the first batch export expected in four years’ time. Construction of the iron ore mining and smelting plants at Liganga is expected to start off early next year, while they.... Read more »

Posted on : Friday , 21st November 2014

Tanzania to construct a new extraction plant at US$ 4bn

 A new soda ash extraction plant will be constructed at Engaruka basin in the North of Tanzania. Construction of the new soda ash plant, which will have a targeted production of one million tons of soda ash per year, will start end of this year. National Development’s Corporation acting managing director Mlingi Mkucha has said that the government is looking for strategic partner for the project. Construction of the new soda ash.... Read more »

Posted on : Friday , 21st November 2014

GGBL sets up manufacturing unit facility East Africa

 According to the Africa Web, the equipment known as the Cube, is valued at US$4.2mn. The plant is currently producing Gilbey’s Gin, which was launched in Accra last month. The facility’s production manager Michael Akman said the new plant would give GGBL an opportunity to expand its operations and introduce a variety of premium brands to the African market. GGBL corporate relations director Preba Greenstreet said,.... Read more »

Posted on : Friday , 21st November 2014

South Africa s Scaw Metals to open US$40 million grinding plant in East Africa

 According to the Ghana Herald, the plant is expected to become fully operational in 18 months. It will have the capacity to grind 50,000 metric tonnes of metals per annum. Scaw Metals produces chrome forged grinding media that are used in gold and copper industries. The company set up its regional sales office in Tema in 2011, which serves as its hub in West Africa. Scaw Metals chief executive officer Markus Hannemann said,.... Read more »

Posted on : Thursday , 20th November 2014

Unilever to build a US$90 million factory in Africa

 The new factory has been scheduled to start production by 2014, incorporating Unilever’s latest manufacturing technologies. It will produce products from some of the company’s popular brand ranges including, Omo, Skip, Handy Andy, Domestos bleach, Comfort and Sunlight. Up until now, the products were partially made in South Africa and partially imported, but once the new factory became operational, the products will be fully.... Read more »

Posted on : Thursday , 20th November 2014

Nampak to invest US$179 million in African manufacturing unit

 The company said that the step was expected to strengthen its position in the beverage can and glass packaging sectors in Africa. A report in South African newspaper Business Day said that almost US$112mn will be invested in a third furnace at Nampak's Germiston-based glass bottle business. The report added that the investment was aimed at improving overall manufacturing efficiencies, enabling the company to supply a.... Read more »

Posted on : Wednesday , 19th November 2014

PPC to set up plant in Africa

 The company revealed the information last week without giving out the details of how much the project would be worth. A senior executive of PPC was quoted in African business daily Business Day last year as saying that the company would spend US$200mn on a cement factory in Zimbabwe. The new factory in Zimbabwe, where PPC already runs two plants, will serve markets in the capital Harare and central Mozambique. PPC has also.... Read more »

Posted on : Wednesday , 19th November 2014

General Electric to build manufacturing unit in Africa

 The decision to build the manufacturing unit follows the conclusion of GE’s agreement with the Nigerian government in January 2013. Calabar Free Trade Zone general manager Sadiq Kasim said, “Work on the site of GE’s engineering manufacturing plant will commence as soon as other formalities are adressed. We have given them land and very soon their engineers will mobilise to site and start work. They will be committing.... Read more »

Posted on : Wednesday , 19th November 2014

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