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
Manufacturing
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
Kumba Iron Ore and ArcelorMittal South Africa sign supply deal
Kumba Iron Ore, a subsidiary of miner Anglo American Plc, has signed an agreement with ArcelorMittal South Africa (AMSA) to supply 6.25mn metric tonnes of iron ore annually to the steel manufacturer
Egyptian Steel planning for IPO in 2015
Manufacturer 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
AfDB approves grant for water supply and sanitation study in South Sudan
The 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