N e w s

P&G to invest US$170 million in Africa

 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. According to Procter & Gamble global business unit vice-president, Dimitri Panayotopoulos, the group will consider tapping into the developing markets in Africa by expanding to other.... Read more »

Posted on : Wednesday , 19th November 2014

Indorama to build fertiliser plant in Africa

 Indorama management declared that all plans have been concluded towards the setting up of the plant, which will be Africa’s largest fertiliser unit. According to managing director Manish Mundra, the project was part of the company’s effort towards making Nigeria the largest petrochemical location in Africa by the year 2017. Mundra also said that Chinese company Toyo Engineering would handle the project and get its feed stock.... Read more »

Posted on : Wednesday , 19th November 2014

Elevator Manufacturer Kone acquires Marryat dealers in East Africa

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’s rapid urbanization and which are creating business.... Read more »

Posted on : Tuesday , 18th November 2014

Afrox opens air separation unit in Africa

 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 high purity oxygen, nitrogen and argon to serve the merchant and.... Read more »

Posted on : Tuesday , 18th November 2014

Main One expands into manufacturing sector in Africa

 The company said its expansion into the manufacturing industry was driven by the sector’s growing demand for reliable connectivity solutions, increased need for virtual private networks between company branches, as well as increased security challenges faced by conglomerates. Main One showcased its broadband solutions at seminars attended by IT managers in Agbara Industrial Estate, Ogun State, and Ikeja and Apapa business.... Read more »

Posted on : Tuesday , 18th November 2014

KenGen to set up an industrial park at Olkaria-Kenya for investors

 Kenya Electric Generating Company (KenGen) is planning a new industrial park at Olkaria area to offer commercial facilities to interested companies. Interested companies will have opportunity to build plants in the park, and get subsidies on power. The planned industrial park will be constructed on a 1, 200 acres of land already identified at the site in Nakuru by KenGen. It was expected that the Export Processing Zones Authority would.... Read more »

Posted on : Tuesday , 18th November 2014

South Korean firm to build desalination plant in Africa

 A subsidiary of the company, GS Inima Environment S.A, secured the Djerba plant deal through a consortium with Spanish water management company Aqualia S.A, stated officials at GS E&C. The desalination plant is expected to process 50,000 tonnes of seawater per day into drinkable fresh water, and has been scheduled for completion in the first half of 2016. An official from the company said, “GS E&C will continue to expand.... Read more »

Posted on : Friday , 14th November 2014

East Africa developing sustainable growth from minerals industries

 Outotec creates technologies to support sustainable initiatives, working with suppliers and other firms to ensure longevity in minerals market, and for minerals industries. It seeks to decouple the environmental impact of growth from the growth of welfare to a nation, through eco-efficient, sustainable technologies. Metals and minerals processing, energy and water are the core sectors addressed by Outotec. It works in more than eight.... Read more »

Posted on : Friday , 14th November 2014

US firm Tetra Tech Inc to oversee development of Kenya s smart city

 Colorado-centred Tetra Tech Inc is the lead firm for the project and has been contracted as the Master Delivery Partner 2 (MDP2) for the smart city project in Kenya. The MDP2 is a consortium of 11 firms from the US, Germany, Netherlands, UAE and five firms from the east African nation. Michael Rothhammer, vice-president of Tetra Tech Inc, said, “With years of experience in signing and developing technology across the globe, we will.... Read more »

Posted on : Friday , 14th November 2014

Fluor extends operations in Africa

 According to Fluor, the new office will support Africa in working towards expanding its economy and human development. “We want to meaningfully contribute to its development by supporting clients with engineering, procurement, construction and maintenance services,” said country manager, James Hughes. The new office will assist in the launch of Fluor’s projects across multiple industries including oil, gas and.... Read more »

Posted on : Friday , 14th November 2014

Chinese steel producer to build its largest overseas steel mill in Africa

 Hebei Iron & Steel Group has signed a 51 per cent stake in a venture with the Industrial Development Corporation of South Africa and the China-Africa Development Fund to build the mill. Company officials, however, did not reveal the project cost. The plant is expected to produce five metric tonnes of construction steel by 2019. Production is likely to begin in 2015, stated a report in The Wall Street Journal. China produces 43.... Read more »

Posted on : Friday , 14th November 2014

East Africa woos Indian investment

 NEW DELHI, India - President Paul Kagame has taken his search for investors to India, promising red-carpet reception for Indian investors to take advantage of the unrivalled business opportunities that Rwanda offers.  Kagame, who was in New Delhi, outlined specific investment areas to the Confederation of Indian Industry last week ahead of the World Economic Forum and India-Africa Summit.   “It’s not where I am sure.... Read more »

Posted on : Tuesday , 11th November 2014

Featured Companies
  • Dantal Hydraulics Pvt. Limited
  • /
  • Bronx International Pty Ltd
  • Adekom (Asia Pacific) Limited

Complete List  

Advertisers in previous issue:

    Could not connect: