Search Results for: Ethiopia

THE BUSINESS of selling paints and other coating products is expected to skyrocket in Kenya as the government implements President Uhuru Kenyatta’s agenda of providing affordable housing in urban and rural areas and promoting manufacturing industry, over the next five years.…

The Somali National University (SNU) is setting up its first new campus outside the capital Mogadishu, and – moreover – in a semi-autonomous region of a country which is steadily moving towards stable federalism.

Construction is now under way in Abudwaq town, in Galmudug region, central Somalia, following Somalia President Mohamed Abdullahi Mohamed Farmaajo’s laying of a ground breaking stone on January 21 (2018) alongside Galmudug president Ahmed Dualle Gelle Haaf.…

THE LAUNCH of a Turkish-Algerian joint venture is set to reduce textile imports into the North African country by as much as 90%, according to government officials. Claiming the initiative will operate Africa’s second largest manufacturing textile complex, in Sidi Khettab, in the northwestern province of Relizane, in Algeria, the country’s ministry of industry and mines says it will employ 25,000 people within three years.…

SENIOR figures in Somalia’s education and employment sector are calling on the country’s increasingly influential government to bring down the numbers of tertiary colleges and universities to better match the lower number of graduates from secondary schools.

The proliferation of universities within Somalia, especially private organisations, as peace has taken root in the country, has prompted concern among experts that standards of education has weakened.…

THE NONWOVENS market in the Middle East and Africa (MEA) is increasingly important to the global nonwovens industry, with rising consumer demand being generated by middle classes that are growing in size. Countries in the region are also comparatively young, with high birth rates, boosting demand for diapers and wipes.…

THE DE-RISKING by banks of their correspondent banking relationships is a long-standing problem and is today becoming a truly global phenomenon. From the Caribbean to the Pacific Islands, to Middle East, Africa and Eastern Europe, banks have lost correspondent relationships with international financial institutions.…

THE SECURITIES Commission Malaysia (SC) has issued Guidelines on Sustainable and Responsible Investment (SRI) Funds to boost the growth of green investments in the country. The advice follows Malaysia issuing in July the world’s first green sukuk (Islamic bond).

The new advice applies to conventional as well as Islamic sustainable finance, including unit trust funds, real estate trust funds, exchange-traded funds, and venture capital and private equity funds.…

SUB-SAHARAN Africa continues to grow as a key market for personal care product brands, with enlarging middle classes providing more spending power – however, the region’s most mature market – South Africa – has been experiencing some stagnation.

The rest of the region still is performing as emerging markets should – with growing sales, even when uneven across categories, giving brands much hope for the future.…

Africa governments are waking up to the fact that the continent could be a ‘new frontier’ for clothing manufacturing sourcing, export associations and manufacturers at Destination Africa, a trade event in Cairo, Egypt, have told just-style.

They stressed that Africa has significant opportunities to divert manufacturing from Asia due to rising production costs, especially in China, and take advantage of the proximity to European markets.…

African clothing exporting countries are banking on rising costs in China and changing consumption patterns worldwide to attract buyers to the continent to take advantage of lower production costs.

Major hurdles abound, but manufacturers are hopeful that clothing facilities built from scratch that abide by international best practices will help the continent’s apparel sector develop.…