Industry

News : Industry

Tanzania: TBL, WFP Project to Benefit Over 4,000 Farmers

[Daily News] TANZANIA Breweries Limited (TBL Plc) has partnered with the World Food Programme (WFP) for the 2021 sorghum season and over 4,000 farmers are set to benefit from the project. (AllAfrica)


South Africa: SABC Crisis - the Public Broadcaster Is Sitting On Its Solutions

[Daily Maverick] The solution to the crisis facing the state broadcaster lies in addressing its own financial inefficiency and confronting years of mismanagement, not in requesting yet more aid from the state, nor retrenching hundreds of staff. (AllAfrica)


Nigeria: Union Bank's Principal Owner 'Considering Sale of 50% Stake'

[Premium Times] Atlas Mara has received offers from local banks wishing to buy over Union Bank. (AllAfrica)


Nigeria: EFG Hermes Gains Top Spot At Kenya, Nigerian Stock Exchange

[This Day] Egyptian Financial Group Hermes Holding, EFG Hermes, has been ranked first on the Nairobi Securities Exchange and second by value traded on the Nigerian Stock Exchange, highlighting the significant strides made in both Sub-Saharan Africa's western and eastern financial hubs. (AllAfrica)


Kenya: Alphabet Shutting Down Loon, Ending Its Ambitious Partnership With Telkom Kenya

[Capital FM] Nairobi -- Alphabet, Google's parent company, has announced the closure of its internet balloon business Loon, whose aim was to provide a less expensive alternative to cell towers. (AllAfrica)


Kenya: Facebook Apologises for Flagging Kenyatta's Message to Museveni

[East African] Social media giant Facebook on Thursday apologised to Kenya's President Uhuru Kenyatta after it erroneously flagged his congratulatory message to his Ugandan counterpart Yoweri Museveni. (AllAfrica)


Ethiopia: Ethnic Conflict Could Unravel Ethiopia's Valuable Garment Industry

[The Conversation Africa] Ethiopia has long been considered one of Africa's economic wunderkinds. Until recently, it had relative political stability in comparison to other countries on the continent. And, with an average GDP growth rate of 10% in the past decade and a government that instituted policies friendly to foreign investors, the country was able to attract South and East Asian clothing manufacturers. These sell to international brands, such as Decathlon and H&M. (AllAfrica)


Namibia: Nampower Lights Up Innovation Potential With S/4hana Go-Live

[CIO] In the increasingly competitive energy sector, operational efficiency and better utilisation of resources are keys to growth. For one of Southern Africa's leading energy utilities, a move to a next-generation business suite has creates the opportunity to unlock new capacity for innovation and improved productivity, which will drive the organisation's performance. (AllAfrica)


Namibia: MTC Records N$2.7 Billion in Revenue During 2019/20 Financial Year

[Namibia Economist] Digital enabler, Mobile Telecommunications Limited (MTC) has maintained its leadership position and track record of consistent growth, despite economic contraction amidst a global pandemic. (AllAfrica)


Kenya: Kenya, Britain Ink Sh8billion Affordable Houses Deal

[Nation] Kenya is to receive at least Sh8 billion from the United Kingdom for putting up affordable houses. (AllAfrica)


South Africa: Vaccine Production in South Africa - How an Industry in Its Infancy Can Be Developed

[The Conversation Africa] The issue of vaccine production has become a topic of hot debate following the approval of treatments for COVID-19. In South Africa angry exchanges have been spurred by the country's lagging access to COVID-19 vaccines. (AllAfrica)


Nigeria: Kano Firm Launches Product, Targets 3,000 Jobs

[Daily Trust] Aspira Nigeria Limited, a home care product firm in Kano has launched a product line, which it said will lead to the doubling of its current workforce of about 3,000 people. (AllAfrica)


Nigeria: As NG Eagle Berths

[This Day] One of the new entrants to the domestic air travel market this year is the NG Eagle being floated by the Asset Management Corporation of Nigeria (AMCON). The corporation has confirmed plans are on top gear to ensure that the airline comes on stream as soon as it obtains its Air Operator Certificate (AOC). (AllAfrica)


Nigeria: Polaris Introduces Business Loan for SMEs

[This Day] Polaris Bank has introduced a cashflow lending product for small and medium scale enterprises (SMEs) tagged: 'Polaris Business Loan.' (AllAfrica)


Mozambique: Mitsui Pulls Out of Mozambique Coal Business

[AIM] Maputo -- The Japanese company Mitsui, has announced its intention to pull out of the coal mining business in Mozambique. (AllAfrica)


Angola: Endiama Now Owns 41 Percent of Catoca

[ANGOP] Luanda -- National Diamond Company - Endiama currently holds 41% of the shares of Sociedade Mineira de Catoca (SMC), with the conclusion of the partial purchase of shares from "Odebrecht Angola. (AllAfrica)


Kenya: End of an Era As Tuskys Exits Nakuru, the Town Where It All Started

[Nation] As she leans on a red vintage mailbox along Kenyatta Avenue in Nakuru town, the woman clasps her hands around her cheeks, in tears. (AllAfrica)


Uganda: Multichoice Brings New Promo to Attract More Clients

[Observer] MultiChoice Uganda recently announced a new year's sales offer that will see customers acquire Dstv decoder packages and hardware at a special price offer. (AllAfrica)


Nigeria: Meristem Unveils Economic Outlook Report, Bullish On Stock Market

[This Day] Meristem Securities Limited has predicted that the Nigerian equities market will sustain its positive momentum through the better part of the year. (AllAfrica)


Nigeria: Stanbic IBTC Asset Management Assigned 'AA(IM)' Rating

[This Day] Stanbic IBTC Asset Management has been assigned an AA(IM) investment manager rating with a Stable Outlook by Agusto & Co. (AllAfrica)


Nigeria: Konga Begins New Sales Campaign

[This Day] Konga has commenced new sales campaign. (AllAfrica)


Kenya: Team Kenya Upbeat As Noc-K Launch Partnership With Lottery Company

[Nation] Malkia Strikers captain Mercy Moim and her Kenya Lioness counterpart, Philadelphia Olando believe they will perform well in the upcoming Tokyo 2020 Olympics, thanks to a partnership between the National Olympics Committee of Kenya (NOC-K) and Kenya Charity Sweepstakes. (AllAfrica)


Botswana: Businesses Bear Brunt of Zim Lockdown

[Botswana Daily News] Francistown -- Some Francistown shop owners and hawkers who ply their trade on Haskins Street, nicknamed "Bulawayo street", are bearing the brunt of the imposition of lockdown in neighbouring Zimbabwe. (AllAfrica)


Africa: AMSP Opens Covid-19 Vaccines Pre-Orders for 55 African Union Member States

[African Union] Following the announcement by the African Union Chairperson, President Cyril Ramaphosa, on 14 January 2021 that the African Union has secured a provisional 270 million COVID-19 vaccine doses for Africa through its COVID-19 African Vaccine Acquisition Task Team (AVATT), the Africa Medical Supplies Platform (AMSP), on behalf of the Africa Centres for Disease Control and Prevention (Africa CDC), today commenced the COVID-19 vaccines pre-order programme for all African Union Member States. The African Export-I (AllAfrica)


Africa: Access Bank to Expand to 8 African Countries

[Daily Trust] Access Bank Plc has identified eight African countries for a potential expansion as it seeks to benefit from the African Continental Free Trade Area (AfCFTA) agreement. (AllAfrica)


Mozambique: Nyusi and Total CEO Discuss Security Questions

[AIM] Maputo -- Mozambican President Filipe Nyusi on Monday granted an audience in Maputo to the chairperson and Chief Executive Office of the French oil and gas company, Total, Patrick Pouyanne, and the two men agreed on strengthening security at the Total camp on the Afungi peninsula, in the northern province of Cabo Delgado. (AllAfrica)


Africa: Can My Employer Make Me Get a Covid-19 Vaccine?

[Thomson Reuters Foundation] To speed up a return to normal, some businesses are incentivising their staff to get vaccinated. But lawyers say forcing employees to get a COVID jab could be risky (AllAfrica)


Nigeria: Troyka Group - Shobanjo Bags Life Time Award

[Vanguard] For his contributions to Nigeria's economy particularly in the Advertising and Marketing Communications industry, the chairman of Troyka Group, Biodun Shobanjo, has been selected by Vanguard Editors for a Life Time Achievement Award. (AllAfrica)


Nigeria: Cryan - Affordable Broadband Access Will Bridge Digital Divide

[This Day] Country Manager, Ericsson Nigeria, Mr. Sean Cryan, speaks about the opportunities around mobile broadband subscriptions in sub-Saharan Africa and the need for affordable broadband access. that will bridge the digital divide. Excerpts: (AllAfrica)


Zimbabwe: Forex Business Boon for Zim Capital Markets

[The Herald] Zimbabwe's capital markets are likely to see a spike in US dollar-denominated assets after Government last year allowed insurance companies and pension funds to collect premiums and contributions in foreign currency. (AllAfrica)


Morocco: Covid-19 Vaccine - Agreements Signed With Two Laboratories - Head of Govt.

[MAP] Rabat -- The agreements signed between Morocco and two laboratories will make it possible to benefit from Covid-19 vaccines at the end of clinical trials, Head of government Sad Dine El Otmani said on Thursday. (AllAfrica)