After marking its presence in 15 countries, ThreadSol is all set to explore the African apparel industry to transform manufacturers to super vendors.
The Nissan Sylphy Zero Emission, the first Nissan electric car made for China, has begun rolling off the production line.
There is an urgent need to develop the pharmaceutical industry in Africa to reduce the continent’s dependence on imported pharmaceutical and medical products, says UN Economic Commission for Africa’s Soteri Gatera.
Renault-Nissan-Mitsubishi, the world’s largest automotive alliance, today announced that unit sales at its member companies rose 5.1 percent to a new record of 5,538,530 vehicles in the six months to June 30. The three Alliance member companies saw increased demand in product segments including crossovers, sports utility vehicles, pick-ups as well as zero-emission electric and […]
Ethiopian Airlines Group signed a partnership business agreement with ACM Aerospace of Germany pursuant to the aerospace manufacturing development program it has embarked on, the Airlines said.
Nissan and Italdesign have created a new prototype vehicle – the Nissan GT-R50 by Italdesign – in their first-ever collaboration. Based on a production 2018 Nissan GT-R NISMO model, the unique car commemorates the 50th anniversaries of both the GT-R and Italdesign and will make its debut in Europe next month.
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 […]
Malteries Soufflet, a major operator in the world malt market with twenty-seven plants in Europe, Asia and South America, is set to build a malting plant in Ethiopia.
Foreign Direct Investment (FDI) into Ethiopia, the 8th largest economy in Africa, has declined by 10% to $3.6 billion in 2017 as compared to the previous year. Meanwhile the country has continued to attract investments in light manufacturing industries, says a UN report.
By Andualem Sisay Gessesse – Busan, South Korea – Korea, which managed to become the world’s high-tech industries hub in a few decades, recommends strategies that enables Africa to fast-track its industrialization vision.
With objective of speedup the development of manufacturing industries in Africa the United Nations Industrial Development Organization (UNIDO) and the African Development Bank (AfDB) signed partnership agreement.