Accra, Ghana//-The government through the Ministry of Trade and Industry (MoTI), and the Chamber of Cement Manufacturers, Ghana (COCMAG) have agreed to periodically hold consultative meetings with industry players on cement manufacturing, bagging and distribution developments.
Kigali, Rwanda// — Africa’s efforts to build a resilient and self-reliant pharmaceutical industry for the continent advanced significantly today as the African Pharmaceutical Technology Foundation and the Rwandan Government signed the host country agreement paving the way for the Foundation’s operationalisation.
Geneva/Accra// – The Board of Gavi, the Vaccine Alliance today announced a series of decisions that will help lower-income countries tackle backsliding from the COVID-19 pandemic and be better prepared to respond to US future health emergencies.
Accra, Ghana//-A former Deputy Finance Minister and Member of Parliament for Cape Coast South, George Kweku Ricketts-Hagan has expressed support for the introduction of the legislative instrument (L.I.) aimed at restricting the importation of specific strategic products.
Lagos, Nigeria// — Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ) (https://LagosFreeZone.com).
CFOs frequently ask whether they should cut dividends to invest in growth. In theory, companies should consider reducing dividends when the funds that would have been used to pay for them are instead invested in initiatives that would generate returns above the company’s cost of capital.
Nairobi, Kenya//-Leather Apex, an Umbrella Organisation of Kenya’s Leather Associations Across the Value Chain Working to Enhance the Global Competitiveness of Kenya’s Leather and leather Products, lauds the bold recommendation by the Ministry of Investments, Trade and Industry calling for the ban of increase import duty to 50% on imported shoes into Kenya.
Accra, Ghana// — IFC today announced a partnership with Sunda Group to help the company ramp up the production of home care and personal care products in five African countries, helping expand Africa’s manufacturing sector and creating thousands of direct and indirect jobs.
Kenya Lamu Port Project. Seth Schindler, University of Manchester and Tom Gillespie, University of Manchester The African Union’s flagship Agenda 2063 initiative prioritises large-scale infrastructure development and promises to “link the continent by rail, road, sea and air”.
The retail industry is poised for growth in 2023, even as soaring inflation, supply chain disruptions, and interest rate hikes pose challenges. As a result, the global top 25 retailers by market capitalization (MCap) witnessed an 8% growth in their cumulative valuation in Q1 2023, finds GlobalData, a leading data and analytics company.
