Inspiring Sustainable Business in Africa
KENYA – Copia Global, the B2C e-commerce platform designed to serve the rapidly growing middle and low-income African consumer market, has launched a new manufacturing unit that will enable it to enhance its output of affordable sugar and rice to the Kenyan market. The new machine doubles the capacity offered by Copia to supply the goods to the Kenyan market,…
Read More
GHANA – The International Finance Corporation (IFC), a member of the World Bank, and LMI Holdings, a construction company, have announced a partnership to provide essential infrastructure services to manufacturing companies in Ghana. They will support job creation and greener, more sustainable and more competitive industrial development in LMI-operated special economic zones in the country. Under the partnership, LMI will…
Read More
KENYA – East African Breweries Plc has appointed Anne-Joy Michira as the Marketing & Innovation Director for East Africa with effect from 1st May 2022, taking over from Graham Villiers-Tuthill. Until her appointment, Anne Joy, was holding fort as acting Marketing Director for the company’s subsidiary, Kenya Breweries Limited (KBL). Prior to the announcement, she was the Head of Marketing…
Read More
GHANA – Ghanaian President Nana Akufo-Addo has ordered the establishment of an advanced pharmaceutical manufacturing hub named Pharma Park to promote local pharmaceutical production in the country. The pharmaceutical industry will partner with the Pharmaceutical Chamber to create Pharma Park in the industrial zone with accessible lands for the pharmaceutical sector to set up manufacturing factories. The Government intends to…
Read More
KENYA – Mabati Rolling Mills (MRM), a manufacturer and distributer of steel roofing tiles and iron sheets, has appointed Manish Mehra as the new chief executive officer, replacing Andrew Heycott who has been at the helm for eight years. Mr Mehra has since June 2021 served as the business head for Building Solutions at MRM, a company associated with billionaire…
Read More
GHANA – Norfund, a development finance institution has invested US$7.5 million in Continental Blue Investments Ghana Limited (CBI) to create jobs while reducing emissions. The investment has been made alongside the Danish Investment Fund for Developing Countries (IFU) and the engineering firm FLSmidth as equity investors. Société-Générale is providing senior debt that is guaranteed by the Danish Export Agency. FLSmidth…
Read More
KENYA – Daikin Industries, the world’s largest maker of air conditioning equipment, has launched its operations in Kenya as part of its global strategy to increase footprint across the emerging markets, globally. While announcing its plan to set up the facility in a few weeks’ time, Daikin India Chairman & Managing Director, Mr Kanwal Jeet Jawa, said that the East…
Read More
KENYA – United Aryan EPZ (UAL), an apparel manufacturer, has inaugurated their brand new 1.8MWp rooftop solar plant in partnership with Solarise, making it the largest operational rooftop solar facility in East Africa. UAL are renowned makers of woven and knit garments exported to the USA and European markets and currently employ around 12,000 people. “UAL has set an ambitious…
Read More
EGYPT – Egypt’s ready-made garment export hits US$ 204 million in January 2022 representing a 54% increase from the previous year’s US$132 million. This was revealed in a press statement by the head of the Apparel Export Council of Egypt (AECE) Marie Louise. According to Louise, the US topped the countries receiving Egyptian products with a value of US$123 million…
Read More
GHANA – DTRT, West Africa’s largest clothing manufacturer has partnered with IFC to build an integrated textile value chain. Under the agreement, IFC will support DTRT (“Do the Right Thing”) to pursue the development of a sustainable fabric mill and the expansion of the garment manufacturing factory near its operating base in Accra, Ghana. IFC’s team will also explore the…
Read More