African Business News

State to build county industrial parks

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

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General Electric to boost SA production

General Electric to boost SA production

Localisation already at 35%, requirement could be as much as 65% for upcoming Transnet tender.PRETORIA – The American locomotives manufacturer GE Transportation, through its subsidiary General Electric South Africa Technologies (GSAT), is looking at increasing the local content in locomotives manufactured in South Africa.

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Africa's industrial sector to hit 25 pct of GDP: UN official

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

Programs

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