Tag: Manufacturing

Nigeria secures $1 billion for fertilizer plant

Nigeria secures $1 billion for fertilizer plant

Manufacturing
The International Finance Corporation (IFC), a member of the World Bank Group, today announced a new $1 billion debt financing for Indorama Eleme Fertilizer & Chemicals Limited, Nigeria, a subsidiary of Indorama Corporation. The funding will be used for, for the construction of a new fertilizer line that will expand its capacity of urea fertilizer to more than 2.8 million tons. (more…)
Ethiopia expects boosting textiles revenue tenfold to one billion dollar

Ethiopia expects boosting textiles revenue tenfold to one billion dollar

Manufacturing
(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-7571485404483803", enable_page_level_ads: true }); Increasing its current earnings from textiles export by tenfold, Ethiopian government expects to generate one billion dollars per year when the recently established Hawassa Industrial Park, located 250 kilometers south of the capital, goes fully operational, a government official said. (more…)
Djibouti, Afreximbank sign agreement for industrial development

Djibouti, Afreximbank sign agreement for industrial development

Uncategorized
(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-7571485404483803", enable_page_level_ads: true }); Djibouti agreed with the African Export-Import Bank (Afreximbank) to collaborate in the financing and promotion of the country’s industrial base for export manufacturing and in the development of its trade-related infrastructure. (more…)