Ahmedabad, India//-The Adani Family, through Endeavour Trade and Investment Ltd (BidCo), a special purpose vehicle, has successfully completed the acquisition of Ambuja Cements Ltd and ACC Ltd. The transaction involved the acquisition of Holcim’s stake in Ambuja and ACC along with an open offer in both entities as per SEBI Regulations.
Category: Manufacturing
Ghana, Toyota Sign MoU to Develop Automotive Industry
Ghana’s Minister of Trade and Industry, Alan Kyerematen signed a Memorandum of Understanding (MoU) with Toyota Tsusho Corporation to continue to develop mutual collaboration for contribution to the Ghanaian automotive industrialisation sector, economy and society.
Controlling the Escalating Prices of Pharmaceutical Products in an Era of High Cedi Depreciation
Over the last month, the Ghana Cedi has seen significant depreciation against most major currencies.
Ghana: Cement Prices to Hit ¢68 Per 50 Kilo Next Week
Accra, Ghana//-Cement prices are expected to be increased from next week.
Future Manufacturing Africa to Showcase and Unlock Opportunities on the Continent
A new manufacturing platform will provide unprecedented opportunities and access to accelerate the industrialisation of the African continent. Taking place in May 2023, Future Manufacturing Africa Trade Fair & Summit will gather local and international companies to showcase and demonstrate new technologies, machinery, and equipment to enable African industries to invest in to enable them […]
South Africa Moves to Broaden Existing Pool of Black Industrialists
South Africa is on a drive to broaden the existing pool of Black Industrialists. The objective is to accelerate transformation, ensuring that Black-owned businesses become active players in the mainstream economy.
How Nanotechnology Can Revive Nigeria’s Textile Industry
Yannick Folly/AFP via Getty Images Agbaje Lateef, Ladoke Akintola University of Technology, Ogbomoso Nigeria’s cotton production has fallen steeply in recent years. It once supported the largest textile industry in Africa. The fall is due to weak demand for cotton and to poor yields resulting from planting low-quality cottonseeds.
Akufo-Addo Commissions Multimillion Dollar Expanded Nestle Ghana’s Cereal Plant
Accra, Ghana//-President Nana Addo Dankwa Akufo-Addo today commissioned the multimillion dollar state-of-the-art expanded Nestle Ghana’s cereal plant at Tema Industrial Area near Accra in the Greater Accra Region.
Mercedes Recalls Almost 1 Million Cars Over Faulty Brakes
German carmaker Mercedes-Benz is recalling almost 1m older vehicles from around the world because of potential problems with their braking system.
Ghana’s Immune Booster Manufacturer Relaunches COA Mixture
Accra, Ghana//-Ghana’s immune booster manufacturer, COA Research and Manufacturing Company Limited has relaunched its immune booster and general wellbeing medicine called COA Mixture in Accra.