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Zimbabwe’s Steel Industry Revitalized with New $1.5 Billion Plant

Zimbabwe’s got itself a brand new iron and steel manufacturing plant, courtesy of the Chinese. Metal Miner reports that this U.S. $1.5 billion Chinese-built plant’s blast furnace recently came online and is already producing pig iron, a crucial ingredient for making steel. The team over at Dinson Iron and Steel Company (Disco), the Zimbabwean subsidiary of Chinese…

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GEF Council approves $700M+ for vast environmental needs

◇ GEF Council The Global Environment Facility’s governing body has approved more than $700 million for nature protection and renewal projects, including support for the Great Green Wall and investment in large-scale initiatives for sustainable cities, cleaner industries, improved ocean and land health, and greater climate change resilience.  The funding from the GEF Trust Fund, Least…

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Our target is to make Nigeria Africa’s steel hub- Raj Gupta

The Chairman African Industries Group, Raj Gupta, speaks to Thisday Newspaper about its operations in Nigeria, the industry’s challenges, opportunities and outlook. As a stakeholder in the manufacturing sector, how is the sector faring amid the current economic challenges? Let me start by stating explicitly that there is no economy without challenges but government policies by various governments…

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NESG Begins Preparation for NES#30 in October

The Nigerian Economic Summit Group (NESG), yesterday,  commenced the preparations for the 30th edition of it’s annual summit. The Vice Chairman of NESG and Chairman of the NES#30 Anniversary Committee, Mr Omoboyede Olusanya, said that the inauguration of the NES#30 Joint Planning Committee marked the official commencement of preparations for the 30th Nigerian Economic Summit….

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