African Business News

Chinese electronics manufacturer opened industrial park in South Africa

Hisense, Chinese white goods manufacturer, has opened a new 100,000 square-metre industrial park near Cape Town, tightening its grip over the region’s electronics market.
The park, located in Atlantis, Western Cape, is said to be the most important electronics and home appliance base

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Actis to invest $1.5bn in Africa

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

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Uganda’s new levy on industrial imports to benefit Kenyan firms

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

industrial inputs from outside

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Industry Ministers in Africa to Meet in Kenya

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

development agenda, the meeting aims

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