Industry

US and African textiles groups appeal for renewal of AGOA

africa textiles optTextiles and garments associations in the USA and Africa have appealed to the American Congress to renew the African Growth and Opportunity Act (AGOA), which provides certain goods from African companies trade preferences in the US market

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South Africa's Metair Investments buys Turkish battery manufacturer

car batterySouth Africa's Metair Investments has announced that it will acquire Turkish battery manufacturer Mutlu Holding for US$220mn to enhance its footprint in Europe

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Renault-Nissan Alliance to set up vehicle assembly hub in Nigeria

car assemblyThe Renault-Nissan Alliance has signed a Memorandum of Understanding (MoU) with West African conglomerate Stallion Group to start a vehicle assembly unit in Nigeria

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Main One expands into manufacturing sector

Main One expands into manufacturing sectorMain One has announced its entry into Nigeria’s manufacturing sector with connectivity offerings targeted at businesses in the Ikeja, Agbara and Apapa industrial locations in and around Lagos

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US to set up fertiliser plant in Nigeria

feriliser  U.S EmbassyThe US government has outlined plans to establish a US$250mn fertiliser plant in the Edo State of Nigeria

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