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Browsing: News
Nigeria signs new deal to build 500,000-barrel-per-day refinery in Ondo
Nigeria’s lofty ambition to build a 500,000-barrel-per-day (bp/d) oil refinery has advanced with the signing of a new deal. The…
Pan-African EV maker Kemet Automotive secures 10,000+ pre-orders ahead of production
Pan-African electric vehicle manufacturer Kemet Automotive has announced that it secured over 10,000 pre-orders for its debut vehicles ahead of…
Here’s why manufacturers are losing as much as $45 million per year
According to a recent study published by Schneider Electric, manufacturers worldwide are losing up to 7.5% of their annual income…
Nigeria to begin Aircraft component manufacturing as the aviation sector targets $2.58 billion revenue by 2029
Nigeria’s President, Bola Tinubu, has announced that the country will commence aircraft component manufacturing as part of an ambitious plan…
Nigeria’s GDP rises 3.98% in Q3 2025: Manufacturing sector shows resilience amid industrial growth
Nigeria’s economy recorded a 3.98% year-on-year growth in the third quarter of 2025, according to fresh data released by the…
China and Egypt launch domestic UAV manufacturing initiative
In a bid to achieve more sovereignty over its security infrastructure, Egypt has decided to manufacture its own unmanned aerial…
Local tyre manufacturer urges homegrown solutions to the problems of West African roads
BUP Tyres, an indigenous tyre manufacturer in West Africa, has relayed pro-African sentiments of using manufacturing to solve local problems. …
Nigeria’s top manufacturer makes its biggest fuel production promise yet
The Dangote Petroleum Refinery has announced a massive production and supply plan aimed at ensuring Nigeria’s gasoline availability over the…
South Africa’s Immobazyme secures $2.9M to localize Biologics manufacturing
The COVID-19 pandemic exposed the vulnerability of Africa’s pharmaceutical needs when global supply chains collapsed, and African nations struggled to…
Nigeria and Brazil join forces to transform local drug manufacturing
Nigeria has taken a significant step toward local pharmaceutical manufacturing with the signing of a Memorandum of Understanding between the…