Will Minerals Giant China Support a Plan to Help Developing Countries Build Their Own Value Chains? As chair of the Group of 20 (G20) nations […]
Tag: industrialization
IFC Invests $50 Million in Lagos Free Zone to Boost Nigeria’s Economic Growth
In a strategic move to bolster Nigeria’s economic growth, the International Finance Corporation (IFC) has announced an investment of up to $50 million in the […]
Investing in Africa’s Manufacturing Growth – A Pathway to Sustainable Prosperity
Africa’s manufacturing sector is emerging as a key engine of growth, offering unparalleled investment opportunities as the continent urbanizes and industrializes. With a rapidly expanding population and middle class, Africa is becoming a robust market for high-quality goods. The continent’s abundant natural resources and strategic location between major global markets further enhance its appeal. Supported by progressive policies and technological advancements, Africa is poised for a manufacturing renaissance that can drive economic diversification, create jobs, and elevate living standards. Now is the time for investors to seize this opportunity and contribute to Africa’s sustainable prosperity.
Egypt Takes a Major Step in Localizing Mobile Phone Tower Manufacturing
Egypt is making strides in technological self-reliance with the opening of its first mobile phone tower manufacturing facility by the Arab Organisation for Industrialisation (AOI). Situated within the Aircraft Factory, this new center represents a significant leap in localizing technology and reducing reliance on imports. Already, the facility has achieved a 100% local manufacturing rate for mobile phone towers, fulfilling orders for Etisalat Misr and setting the stage for expanded production and potential export opportunities across Africa and the Arab world.