July 20, 2020//-Kenya’s cement consumption dropped by 8.3 percent in April as the Covid-19 containment measures announced by the government in late March took a toll on construction activity.
Category: Manufacturing
IFC’s $12 Million Loan for Steel Plant in Ghana Will Create Jobs for Ghanaians
Accra, Ghana, July 15, 2020// – IFC, a member of the World Bank Group, today announced a $12 million loan to Rider Iron and Steel Ghana Limited to support the company’s construction of a steel manufacturing plant that will increase Ghana’s domestic steel production, creating thousands of direct and indirect jobs.
Ghana: Kasapreko Launches Puma Drinks with Metro Mass Transit
Accra, Ghana, July 9, 2020//-Africa’s leading Beverage giant, Kasapreko Company Limited has added another product dubbed Puma Drinks to its growing range of products.
American Multinational Abbot Laboratories Faces Lawsuit Over Contract Compliance with African Covid-19 Test Kits
Johannesburg, South Africa, July 8, 2020/ — Centurion Law Group has been engaged to institute legal action against American multinational health care company Abbott Laboratories for willfully undersupplying African suppliers of COVID-19 test kits.
Nigeria: BUA Cement Sets to Establish Ultramodern Cement Plant
Lagos, Nigeria, July 6, 2020/ — BUA Cement, one of West Africa’s largest Cement companies has announced that it is set to establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyuk and Lamurde local governments of Adamawa state in the North Easter region of Nigeria.
MSME Manufacturing Capabilities, Responding to COVID-19 and Opportunities Beyond
Accra, Ghana, July 2, 2020//-Over the years, micro, medium and small scale enterprises (MSMEs) have played and continue to play a critical role in Ghana’s socio-economic development by producing critical goods and services, creating jobs, and helping to reduce poverty and promote economic growth.
Market Cap of Top Pharma Companies Involved in COVID-19 Research Jumped by $51.1bn in Six Months
June 29, 2020//-Pharmaceutical companies taking centre stage in the COVID-19 fight have witnessed significant growth in their stock price in the first half of 2020.
New Agreements to Expand Access to 20 Lifesaving Cancer Medicines for Africa, Asia
Basel, Switzerland, June 29, 2020/ — The American Cancer Society (ACS) and the Clinton Health Access Initiative (CHAI) today announced agreements with pharmaceutical companies Pfizer, Novartis, and Mylan to expand access to 20 lifesaving cancer treatments in 26 countries in sub-Saharan Africa and Asia.
UNCTAD Report: Demand for Raw Materials for Electric Car Batteries to Rise Further
Geneva, Switzerland, June 24, 2020 – The demand for raw materials used to manufacture rechargeable batteries will grow rapidly as the importance of oil as a source of energy recedes, as highlighted recently by the collapse of prices due to oversupply and weak demand resulting from COVID-19, according to a new UNCTAD report.
UAE: Dow Sets Ambitious Targets to Reduce GHG Emissions
Dubai, UAE – June, 22, 2020 – DOW (NYSE: DOW) announced aggressive new commitments to address both climate change and plastic waste on its path toward becoming the most innovative, customer-centric, inclusive and sustainable materials science company in the world.