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July 2, 2022

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    HomeIndustryManufacturing

    Manufacturing

    IndustryManufacturing

    Zimbabwe bread price jumps 60% in price, as shortages persist

    The price of bread, Zimbabwe’s second most-consumed staple, jumped 60% overnight due to escalating costs of production, the national bakers’ associati...

    • October 16, 2019
    EconomyIndustryManufacturingNews

    Jobs boost as Opel, Peugeot start assembling vehicles in Namibia

    Government’s commitment and effort to attract foreign direct investment was reaffirmed yesterday when President Hage Geingob took the first loca...

    • January 18, 2019
    AgricultureEconomyIndustryManufacturingNews

    Nigeria’s @CenBank plans incentives to boost credits to manufacturing, agric sectors

    The Central Bank of Nigeria (CBN) is to implement a special cash reserves requirement (CRR) regime that would encourage Deposit Money Banks to direct ...

    • July 25, 2018
    EconomyManufacturingNews

    BREAKING: Procter & Gamble to shut down $300 million Nigeria production plant

    About a year after commissioning its largest Nigerian plant, Procter & Gamble (P&G) is set to shut the plant. The leading FMCG (Fast-moving Co...

    • July 4, 2018
    IndustryManufacturingNews

    Peugeot to establish Nigerian assembly plant in Kaduna next year

    PSA Peugeot Citroen has revealed plans to start assembling cars in Nigeria by the first quarter of 2019 through a joint venture with the Chairman of t...

    • June 6, 2018
    EconomyIndustryManufacturingNews

    Cereal manufacturing company Kellogg plans to invest $420m in Nigeria

    Fruit Loops cereal maker Kellogg Co topped Wall Street forecasts for first-quarter profit and sales on Thursday, boosted by stronger sales of snacks i...

    • May 4, 2018
    IndustryManufacturingNews

    IFC injects $97 million into National Cement in Kenya and Uganda

    Kenyan multi-millionaire businessman Narendra Raval has raised $97 million in the form of debt and equity from the International Finance Corporation t...

    • April 16, 2018
    IndustryManufacturingNews

    Investor stakes $450 million on new Free Trade Zone, to build ships in Nigeria

    The much needed investment that will spore activities in the maritime sector that stakeholders have been yearning for is set to materialise as promote...

    • April 6, 2018
    IndustryManufacturingNews

    Unilever Nigeria Plc discloses plan to increase local content in production

    Unilever Nigeria Plc has disclosed a planned initiative aimed at increasing access to local raw materials, through partnerships with farmers and inter...

    • April 5, 2018
    IndustryManufacturingNews

    Coca-Cola set to launch alcoholic drink

    Coca-Cola, a beverage company, says it is planning to produce an alcoholic drink for the first time in the 125 years of its existence. In September, t...

    • March 8, 2018
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    Source: ExchangeRates.org.uk

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