Norfund, the Norwegian government’s development finance institution, has officially acquired a minority equity stake in Kinetic…
Browsing: Manufacturing
In a landmark agreement poised to significantly advance Senegal’s industrial capabilities, Mercedes-Benz, through its globally…
The Milken-Motsepe Prize in AI for Manufacturing is now accepting applications, offering a total of US$2 million in prizes…
Transsion Holdings, the Chinese smartphone manufacturer behind popular African brands such as Tecno, Infinix, and itel, is preparing…
TIM Motors, a Chinese automotive company long known in Nigeria for its heavy-duty trucks—including brands…
Phatisa’s Food Fund 2 has finalized the sale of its stake in Deltamune, a South African-based vaccine…
Yikodeen, a Nigerian manufacturer specializing in safety footwear, has secured a $1.5 million investment from Aruwa Capital Management,…
Miro, a vertically integrated forestry and plywood manufacturing company with operations in Sierra Leone and…
AvtoVAZ, the largest automaker in Russia and predominantly owned by the Russian government, is embarking…
Chinese electric vehicle (EV) manufacturer BYD has reported impressive annual revenue figures for 2024, surpassing…
Silver Box, a company based in the Middle East that specializes in investing in technology…
In an exciting development for the industrial sector, Simplex, an Egyptian CNC machine manufacturing startup,…
As the race for electric vehicles (EVs) intensifies across the African continent, Burkina Faso has…
Tesla surpassed one of Germany’s most esteemed premium car brands, Audi, last year, despite falling…
Multinational steel giant ArcelorMittal has announced the closure of two steel manufacturing plants and a…
Volkswagen Group (VW) and Tesla rival Rivian have announced the formation of a joint venture,…
Nigeria is making significant strides in its electric vehicle (EV) industry through a strategic partnership…
Egyptian firm Raya Foods has secured a significant $40 million investment from Helios Investment Partners.…
Thanks to a groundbreaking collaboration between Qualcomm and Google, car manufacturers will soon have the…
Innoson Vehicle Manufacturing Company (IVM), a Nigerian automobile manufacturer, has recently made headlines by introducing…