Nissan, Italdesign to unveil ultra-limited GT-R prototype

Nissan and Italdesign have created a new prototype vehicle – the Nissan GT-R50 by Italdesign –…

Nigeria secures $1 billion for fertilizer plant

The International Finance Corporation (IFC), a member of the World Bank Group, today announced a new…

Malteries Soufflet enters Ethiopian brewery market

Malteries Soufflet, a major operator in the world malt market with twenty-seven plants in Europe, Asia…

Foreign Direct Investment into Ethiopia down 10%

Foreign Direct Investment (FDI) into Ethiopia, the 8th largest economy in Africa, has declined by 10%…

Korea recommends fast-track industrialization strategies to Africa

By Andualem Sisay Gessesse – Busan, South Korea –  Korea, which managed to become the world’s…

Institutions collaborate to introduce staple crop processing zones in Africa

With objective of speedup the development of manufacturing industries in Africa the United Nations Industrial Development…

Manufacturing industry share in Africa goes down

Industrial development and value addition in the manufacturing sector in Africa has declined over the last…

Government role crucial for industrializing Africa, AfDB says

By Andualem Sisay Gessesse, Busan, Korea – If African countries have to replicate the industrialization development…

Nissan records growth in South Africa after best year 2000

Nissan, the Japanese manufacturer hit 10% market share in South Africa in fiscal year 2017, with…

Top joins Ethiopia’s growing water bottling business

By Adualem Sisay Gessesse – With a total investment of 273 million birr (around $10 million), ‘Top’,…

Boortmalt Malting set to open malt factory in Ethiopia

In order to satisfy the increasing demand of breweries in Ethiopia, Boortmalt Malting of Belgium is…

Dangote tells investors to produce the entire value chain

At the Financial Times’ 4th annual Africa Summit at Claridges in London, Africa’s most successful business…