South Africa’s Nampak has agreed to buy Nigerian beverage can manufacturer Alucan Investments for US$301mn as part of its plan to expand its reach outside its home market
Manufacturing
South Africa’s DTI approves incentives worth US$295.3 million for manufacturers
South Africa’s Department of Trade and Industry (DTI) has approved incentives worth US$295.3mn for 436 companies under its manufacturing competitiveness enhancement programme (MCEP)
Wind tower factory in Eastern Cape to be completed by early 2014
A wind turbine manufacturing facility being constructed in the Eastern Cape province of South Africa is scheduled for completion in February 2014
Tata Africa Holdings signs franchise deals with three Asian companies
Tata Africa Holdings (TAH) has signed franchise agreements with three Asian building-equipment makers, under which the companies will distribute its machinery and equipment across Africa
GGBL sets up portable spirits manufacturing facility in Ghana
Guinness Ghana Breweries Limited (GGBL), a subsidiary of the UK beverage giant Diageo, has set up a new portable spirits manufacturing and packaging facility for the African market