Company News

China's Fujian Sentuo Steel on Wednesday commissioned an $80million ceramic tiles manufacturing company in Tema, 25 km east of Ghana's capital Accra, which is believed to help reduce the west African country's import burden of ceramic tiles.

The Kenya Electricity Generating Company (KenGen) will take over management of nuclear power plants that the country plans to build.

It is reported that China's Zhejiang Huayou Cobalt Co will invest $147.2 million to build a copper project in Democratic Republic of Congo (DRC), as it extends the exploration of its mining assets in the country.

Chinese construction firm Zhengwei Technique Kenya has applied for two mining licences covering over 24,000 hectares in Baringo and Taita Taveta counties.

Chinese telecom firm, Huawei Mobile Kenya on Monday introduced its latest smartphone, Huawei Y5 Lite phone, to the Kenyan market.

One of the biggest millers in Zimbabwe, National Foods Limited (NFL) says it will today switch off its wheat milling machines, citing non-payment of its foreign suppliers, with the country facing possible flour and bread shortages as the foreign currency crunch continues to bite....

The Tema Oil Refinery (TOR) is aiming to holistically tackle Ghana'schronic reliance on imports for refined petroleum products.

Zambezi Gas, a small coal miner in Hwange, has doubled production to 100 000 tonnes per month since it started operating nearly two years ago.

The West African Mills Company (WAMCO), a cocoa processing company in Takoradi, has recorded a total profit of $600,000 from the export of its products since last year after the revitalization of the production line at WAMCo 1.