Industry Dynamics

By the year 2030, Morocco will have invested $40 billion in projects aiming to develop the energy sector. The country’s ambitious strategy seeks to derive 50% of its energy needs from renewable sources by the same year.

Uganda has set tougher terms for new entrants in its oil and gas sector, where profits and losses will be shared in line with prevailing oil prices.

Although lots of best practices were witnessed throughout the assessment, there were few barriers that the manufacturing industries faced in implementing CRGE.

The goal of the Black Industrialists Programme is to accelerate the growth of Black Industrialists who are actively participating in the national economy, selected industrial sectors and value-chains

The same source also reported an increase in the index of mining production which increased by 33 percent. This development is the result of an increase in the index of production of miscellaneous mining products and metallic minerals by 34.7 and 1 percent, respectively.

The government of Nigeria has announced the award of a $5.8 billion contract to build the largest power plant in the country. The 3,050 MW Mambila hydroelectric power project in the state of Taraba will be delivered by various Chinese state-owned construction firms.

Though global manufacturing growth is expected to accelerate in 2017 thanks to a steady recovery in industrialized economies and the reversal of negative trends observed in Latin American economies in 2016

Morocco’s African-oriented economic approach is starting to bear fruit. According to the group’s earnings report for 2017’s first half, the OCP achieved an exceptional performance on the African market, with the continent accounting for 40 percent of Moroccan fertilizer exports.

Concerned about the slow-paced growth of Nigeria’s Cotton, Textile and Garment (CTG) industry, a London-trained textile investor and fashion industrialist.