The Liberian government has announced that it is in the final stages of securing a U.S. $1.6 billion Indonesian investment in palm oil production which is expected to create 35,000 jobs.
Haco Industries has diversified into the baby food market to grow its profits as its beauty care products face stiff competition from cheap imports and counterfeits.
The clamour for price controls on essential goods could cut down production and affect their supply in the long term, the Central Bank of Kenya (CBK) Governor Njuguna Ndung'u has warned.
United States' African Development Foundation (ADF) has donated food processing machines worth Tshs. 309 million to Nyirefami Limited, a local enterprise based in Unga Limited.
Arusha-based A to Z Textile Mill will send its employees to Vietnam for intensive training in textile manufacturing.
ECONOMIC Development Minister Ebrahim Patel has identified deindustrialisation as a major threat to the South African economy and says the government is going to come up with a plan to fix it.
A CODE of ethics for manufacturers, meant to curb corruption in the business sector, is in the offing.
The Minister of Commerce and Industry, Chief Achike Udenwa has forecasted that the country will become self sufficient in cement production by the year 2013.
Federal Government yesterday sought for Venezuela's investment in Nigerian's refineries as part of efforts to achieve successful deregulation in the downstream petroleum subsector.
Ogun State Governor, Gbenga Daniel, has commissioned four industries built at the cost of N15 billion by a diversified Indian company, Parco Group with manufacturing and trading activities in chemicals, steel and glass.
The minister of state for FCT, Chief Chuka Odom, continued his tour of FCT area councils to assess infrastructural development carried out in the last nine months.
Vice President, Dr. Goodluck Jonathan has said Federal Government has no other choice than to encourage and "re-stimulate the manufacturing and transport industry in order to promote economic growth.
Vice President Goodluck Jonathan, has said the Federal Government is aware of the key challenges facing the manufacturing sector and is adopting effective measures to enable it regain grounds on a massive scale.
A new programme to help curb disparities in drug shop operations, especially in rural areas has been launched. The ministry of Health and the National Drug Authority last week launched the ADS (Accredited Drug Shop) logo, which will be used to help clients access the right medication.
Vice President Goodluck Jonathan is expected to commission the production lines of the new Peugeot 307 Sedan at the premises of Peugeot Automobile Nigeria Limited, Kakuri, Kaduna next Monday, Mr Toyin Akigbogun, PAN's head of corporate communications has said.
