A new entrant into the Nigerian growing wine market – Buonayanett, a premium brand, has promised to give Nigerians a memorable experience that is comparable to what is obtainable anywhere …
Manufacturing & Consumer Goods
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AfricaManufacturing & Consumer GoodsSpotlightWestern Africa
Dangote’s Wealth Jumps By $1.3 Billion In January
Due to a surge in the share price of his cement company, Africa’s richest man, Aliko Dangote, has grown his fortune by $1.3 billion in less than a month. Dangote …
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Nairobi Business Ventures (NBV) plans to break ground on a cement manufacturing plant in Mavoko, Machakos County by end of the year after shareholders approved a proposal to buy Delta …
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Global NewsManufacturing & Consumer Goods
Guan Chong in talks to sell stake to Singapore-listed Olam International
GUAN Chong Bhd, the world’s fourth-largest cocoa grinder, has attracted the interest of Singapore-listed food and agri-business player Olam International Ltd. According to sources, Olam is looking to acquire a …
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In the wake of last week’s looting, violence and destruction of property in certain provinces, South Africa is once again faced with unprecedented challenges. This includes the wine industry. While …
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Manufacturing & Consumer GoodsNestlePress Releases
Supreme Court Backs Nestle, Cargill in Child Slavery Suit
The Supreme Court sided with food giants Nestle and Cargill last Thursday and threw out a lawsuit that claimed they knowingly bought cocoa beans from farms in Africa that used …
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Business PoliciesManufacturing & Consumer GoodsWestern Africa
Reps Move to Legalize Use of Indian Hemp in Nigeria
House of Representatives, is set to legalize the use of Indian Hemp in Nigeria, this was made known by Benjamin Okezie Kalu, spokesperson of the lower chamber. Kalu made this …
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Business PoliciesManufacturing & Consumer GoodsWestern Africa
We are boosting supply, says DangoteCem
Dangote Cement has disclosed that it is boosting manufacturing in order to fill the space in between the supply and demand of concrete. Rabiu Umar, new group chief sales and …
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Manufacturing & Consumer GoodsSpotlightWestern Africa
Rising Cement Prices Impeding Government Ability to Provide Needed Infrastructure
A Reuters article says the rising price of cement is increasing the cost of building development. According to the report, the price of a 50 kg (110 lb) bag of …
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FEATURED NEWSManufacturing & Consumer GoodsSpotlightWestern Africa
Unilever Nigeria transfers assets of its tea business to TeaCo Group
On 23 July 2020, following completion of a strategic review, Unilever plc (“Unilever” and, together with its group companies, the “Unilever Group”) announced its intention to separate its global tea …