Actis to invest $1.5bn in Africa
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- Category: Industrial & Machinery
- Published on Friday, 14 June 2013 09:17
- Written by Super User
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Actis LLP, a private-equity company, will lead investment of as much as $1.5 billion in African commercial property to meet rising demand from international companies targeting a growing middle class.
“We are seeing a shift in interest from South African brands
Africa's industrial sector to hit 25 pct of GDP: UN official
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- Category: Industrial & Machinery
- Published on Friday, 14 June 2013 09:09
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The African continent has the potential to expand its industrial sector to contribute at least 25 percent of the gross domestic product (GDP), a UN official said on Monday.
United Nations Industrial Development Organization (UNIDO) Director, Bureau for Regional
Read more: Africa's industrial sector to hit 25 pct of GDP: UN official
Industry Ministers in Africa to Meet in Kenya
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- Category: Industrial & Machinery
- Published on Friday, 14 June 2013 08:53
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The 20th Ordinary Session of the Conference of the African Union Ministers of Industry (CAMI) will take place in Nairobi, Kenya from 10-14 June, 2013. Organized under the theme: Accelerating Industrialization for Africa within the post-2015
State to build county industrial parks
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- Category: Industrial & Machinery
- Published on Friday, 14 June 2013 09:01
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President Uhuru Kenyatta has announced that the Government plans to develop industrial parks in counties.
The President said the parks would be geared to nurture a robust industrial environment to grow micro, small and medium industries.
“In order to nurture a robust industrial environment, the Government intends
Uganda’s new levy on industrial imports to benefit Kenyan firms
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- Category: Industrial & Machinery
- Published on Friday, 14 June 2013 06:18
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Uganda will significantly cut the number of industrial inputs imported duty free, giving Kenyan firms a more level playing ground in the market.
The landlocked country will from next month start levying 10 per cent import duty on most
Read more: Uganda’s new levy on industrial imports to benefit Kenyan firms
