Axxela Integrated Power has signed a Power Purchase Agreement with Evans Industries Limited, one of Nigeria’s leading manufacturers of home and personal care products, in a move designed to improve …
Manufacturing
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BusinessEconomyIndustrial DevelopmentManufacturingNigeriaPartnershipsPower Sector
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EconomyEnergyManufacturingSustainabilityTrade & Investment,
Nigeria’s Packaging Industry Valued at $2.5 Billion as Manufacturing Sector Shows Resilience
Nigeria’s manufacturing sector has been described as a crucial pillar of the economy, with recent data showing that the nation’s packaging market alone is valued at about $2.5 billion. This …
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Kenya’s trade relationship with China has continued to grow, but figures released for the first quarter of 2025 show that the balance remains heavily tilted in favour of Beijing. According …
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BusinessEconomyEmploymentFinanceInflationManufacturing
Nigeria’s Private Sector Records Stronger Growth in August as Inflation Eases
Nigeria’s private sector recorded stronger growth in August 2025 as improved customer demand and easing inflationary pressures boosted business activity, according to the latest Stanbic IBTC Bank Nigeria Purchasing Managers’ …
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BusinessCorporate EarningsEconomyFinanceManufacturingNigeriaStock Market
Cutix Plc Profit Falls 81% in Q1 2025 Despite Rising Assets
Cutix Plc, a Nigerian cable manufacturing company listed on the Nigerian Exchange, has reported a sharp decline in profit for the first quarter of its 2025 financial year. The company’s …
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BusinessEconomyEducationManufacturingPoliciesTrade
Nigeria’s Manufacturing Sector Holds Key to Trade Growth, Experts Say
Nigeria needs to urgently reposition its manufacturing sector if it hopes to compete favourably in global trade and strengthen its non-oil economy. Recent data shows that manufacturing contributed only 9.62 …
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AgricultureBusinessEconomyManufacturing
Flour Mills of Nigeria Reaffirms Commitment to Food Security and Local Content
Flour Mills of Nigeria Plc (FMN) has restated its commitment to supporting food security in Nigeria and driving local content development through sustained investments in agriculture and agro-allied industries. The …
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BusinessEconomyEventsInnovationManufacturingTrade
Propak West Africa Set to Open 12th Edition in Lagos with Focus on Innovation and Local Manufacturing
Propak West Africa has announced that its 12th edition will hold next week at the Landmark Centre, Lagos, bringing together industry leaders, manufacturers, and innovators to showcase new solutions in …
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Business and EconomyEastern AfricaEnergyInfrastructureManufacturing
Uganda Sets Up Electricity Desk to Boost Industry
The Uganda Electricity Distribution Company Limited (UEDCL) has taken a major step to support the country’s manufacturing sector by opening a new office dedicated to handling electricity matters for manufacturers. …
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AfricaBusinessEconomyEntrepreneurshipHealthManufacturing
Nigerian Firm Afroganiks Targets $6.3 Trillion Global Wellness Market with African Herbal Innovation
Afroganiks Industries Limited, a Nigerian health and wellness company, has announced plans to take a strong position in the global wellness industry, which is valued at $6.3 trillion. The company …