Chemical company Saudi Basic Industries Corporation (SABIC) has entered joint venture agreements with Mauritanian National Company for Industry and Mining and has commenced iron ore exploration in the Atomai Mines
Manufacturing
Morocco secures US$272 million loan for water projects
Morocco has been granted a US$ 272mn loan by Islamic Development Bank (IDB) for drinking water projects in Agadir and Chtouka Ait Baha
Gestamp’s new wind tower facility to begin operations in Cape Town
Gestamp Renewable Industries (GRI), the wind industrial division of Corporación Gestamp, will start wind tower manufacturing in South Africa, via its new facility in Atlantis, Cape Town (Western Cape)
Endress+Hauser opens two new sales centres
Instrumentation and automation specialist, Endress+Hauser, in a bid to strengthen its market presence has opened two sales centres in the UAE and Algeria
Chinese firm to set up motorcycle manufacturing facility in Tanzania
China’s Guangzhou Fekon has announced plans to set up a motorcycle manufacturing plant in Tanzania