Aliko Dangote, Africa’s richest man and chairman of the Dangote Group, has been praised by the Nigerian government for prioritising national development over foreign wealth opportunities. At a time when …
Manufacturing
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AfricaBusinessDangote IndustriesDevelopmentEconomyEnergyInfrastructureINVESTMENTLeadershipManufacturingNigeria
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Dangote Partners Vinmar to Export Polypropylene from Lagos Plant
Dangote Petroleum Refinery and Petrochemicals has entered into a new partnership with Vinmar Group, a global petrochemicals distribution company, to take Dangote’s polypropylene products to international markets. This move comes …
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AfricaBusinessDevelopmentEconomyEntrepreneurshipInnovationINVESTMENTManufacturingNigeria
TAG Expands Support for African SMEs and Creatives, Targets Scalable Impact
TAG, an independent advisory and investment management firm, has reaffirmed its commitment to driving Africa’s economic growth by partnering with development finance institutions and ecosystem enablers to support small and …
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EconomyEnergyINVESTMENTManufacturingManufacturing & Consumer GoodsMarketsNigeria
Nigeria’s Brewery Sector Records N1.9tn Revenue in 2024, Signals Recovery Despite High Costs – Afrinvest
Nigeria’s brewery industry bounced back in 2024 with a remarkable 71.8 per cent year-on-year rise in revenue, hitting ₦1.9 trillion. This performance exceeded the earlier forecast of 39.2 per cent …
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BusinessBusiness InsightsManufacturingNewsNigeria
Unilever Nigeria Grows Q1 2025 Profit by 65%, Signals Strong Outlook for the Year
Unilever Nigeria Plc has posted a profit after tax of N5.6 billion for the first quarter ended March 31, 2025, showing a 65 per cent increase from N3.4 billion recorded …
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AfricaBusinessBusiness InsightsHealthcareManufacturingMarketsNewsNigeria
Neimeth Grows Q1 2025 Profit by 49%, Eyes Return to Dividend Payments
Neimeth International Pharmaceuticals Plc has recorded a 49 per cent rise in profit after tax in the first quarter of 2025, showing a promising turnaround for the company as it …
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AfricaBusinessEconomyGOVERNMENTInfrastructureInnovationInternational RelationsManufacturingNigeriaTrade and Commerce
Nigeria, China to Deepen Trade Ties at 2025 China Commodities Expo in Lagos
Nigeria and China are set to boost trade relations through the 2025 China Commodities Expo-Nigeria, expected to host over 250 Chinese manufacturers and more than 5,000 business representatives in Lagos. …
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AfricaBusiness InsightsBusiness PoliciesEconomyGOVERNMENTINVESTMENTKenyaLabourManufacturingTrade and Commerce
Kenya Earns KSh 60.6 Billion from Apparel Exports to US under AGOA in 2024
Kenya earned KSh 60.6 billion from apparel exports to the United States in 2024 under the Africa Growth and Opportunity Act (AGOA), representing a 19.2% increase from KSh 50.8 billion …
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BusinessBusiness InsightsBusiness PoliciesEconomyGOVERNMENTManufacturingNigeriaPoliciesTechnology
NASENI Backs Tinubu’s “Nigeria First Policy,” Calls It a Game-Changer for Local Manufacturing
The National Agency for Science and Engineering Infrastructure (NASENI) has declared its full support for President Bola Tinubu’s “Nigeria First Policy,” describing it as a transformative step toward revitalising the …
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AfricaBusiness InsightsFinance & ServicesInfrastructureManufacturingPoliciesTrade and Commerce
Infrastructure, Poor Logistics Hindering AfCFTA Benefits for African Manufacturers – PAMA
A new report by the Pan-African Manufacturers Association (PAMA) has revealed that 34 per cent of Small and Medium-scale Industries (SMIs) across Africa consider poor infrastructure and weak logistics as …