Industry Dynamics

The Bank in its power sector recovery programme factsheet shared during the World Bank’s virtual meeting with journalists recently, said the country’s power sector has not kept up with demand of reliable power supply to existing customers.

The company added, in a filing to the Egyptian Exchange (EGX), Wednesday, that the decision came as a result of serious damage from the increase in imports to the local industry, and the implementation of the decision will start in mid-April.

OCP Africa works hand in hand with farmers to help grow the agricultural potential of the African continent through solutions adapted to local conditions and to the needs of soils and crops.

Ugandan President Yoweri Museveni and Tanzania’s new leader Samia Suluhu Hassan, on her first official visit, attended the signing of the three accords that included: a host government agreement for the pipeline, a tariff and transportation agreement and a shareholding agreement.

Morocco has included a new addition to the country’s digitization plan, namely Industry 4.0, the latest advance in automation and data exchange for manufacturing technologies.

The value of sacrifice voucher (Adahi Sukuk) this year is 2,000 pounds, they said, adding that the price is based on the average price set by the Ministry of Supply of imported cow heads, estimated at 14,000 pounds each.

The Kenya Petroleum Refineries Ltd (KPRL) was assumed to have breathed its last nearly a decade ago when it stopped refining crude oil imported into the country.

The agricultural sector also has great export potential and intertwines with other important productive sectors such as the industrial sector.

The farmers have identified the high cost of electricity and frequent power outages as some of the major challenges currently facing the sector that rakes in billions of shillings every year.