Industry Dynamics

Coscharis Group has unveiled its Ford assembly plant in Lekki area of Lagos. It has the capacity to produce 10,000 to 20,000 cars yearly.

The industrial parks in Adama and Dire Dawa will be inaugurated after two weeks, while parks in Kilinito and Bole Lemi-II will be inaugurated in February 2018, EIC’s Deputy Commissioner, Belachew Mekuria told ENA.

SDLG has launched a new backhoe loader for the Middle Eastern and African markets that claims several improvements over its predecessor.

The African Development Bank President Dr Akinwumi Adesina has stressed the need for Africa’s vast savannah lands to be developed to achieve global food security.

The Ministry of Agriculture and Natural Resources of Ethiopia (MoA) unveiled a 10-year National Horticulture Production and Marketing Strategy on October 3, 2017.

BAIC BJEV hopes to produce 50,000 vehicles a year from its new South African plant.

This is equivalent to GH¢475 cedis per bag of 64 kilogram gross weight.The prices take effect from 13 October, which marks the beginning of the 2017/18 crop season.

The North Africa-focused E&P company SDX Energy has announced a new gas discovery at its KSR-14 development well on the Sebou permit in Kenitra.

Ethiopia is endowed with man made and natural tourist attractive sites though it has not yet benefited from the sector due to various reasons.