Manufacturing

Egyptian Steel planning for IPO in 2015

steel pipesManufacturer Egyptian Steel has announced that it has planned for an initial public offering (IPO) in 2015 and expects to float up to 30 per cent of its shares in the local stock market

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AfDB approves grant for water supply and sanitation study in South Sudan

sudanThe African Development Bank (AfDB) has approved a US$5.4mn grant for a study on water supply and sanitation development in 11 towns in South Sudan

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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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Platinum production venture created in Zimbabwe

Platinum-4jg29dState-owned Zimbabwe Mining Development Corporation (ZMDC) has formed a platinum metal production joint venture with UK-listed Eurasian Natural Resources Corporation (ENRC) and an unnamed Chinese firm

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Kirloskar’s Africa footprint grows inward and outward

Kirloskar Pumps in GhanaKirloskar Brothers Limited market growth and responsibility in the continent has benefited both sides

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