Aliko Dangote, President of the Dangote Group, has emphasized the importance of the Federal Government’s support for domestic industries to mitigate unfair competition and reduce reliance on imports. He referenced successful strategies employed by countries such as the Benin Republic, the United States, and China as benchmarks for safeguarding local industries. During a recent visit…
▪︎▪︎In picture from left: The Managing Director/Chief Executive Officer of the Lagos Waste Management Authority (LAWMA), Dr. Muyiwa Gbadegesin; Executive Chairman, Apapa Local Government Council, Hon. Idowu Adejumoke Senbanjo; the Chief Executive Officer, Coca-Cola Hellenic Bottling Company (CCHBC), Zoran Bogdanovic; the Honourable Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole; the Honourable Minister of…
Diageo Plc, a British multinational alcoholic beverage company, with its headquarters in London, England, has announced the sale of its majority stake in Guinness Ghana Breweries to the Castel Group for $81 million. The transaction will see the UK-based beverage giant part with its 80.4% shareholding in the Ghanaian unit while retaining ownership of its…
“Over 10,000 small-scale welders in Sri Lanka have benefitted from a UNIDO project funded by the Global Environment Facility (GEF) enlightenment campaign on the dangers of polychlorinated biphenyls (PCBs), a chemical use in the welding industry. UNIDO project manager, Carmela Centeno, Head of the Responsible Materials and Chemicals Management Unit, who disclosed this, said that …
Every time you squeeze toothpaste onto your toothbrush, spray perfume on your skin, or swallow a pill, you’re using the result of a carefully crafted recipe made in a lab. These are called formulations. Formulations aren’t just simple mixtures — they’re complex arrangements of ingredients designed to work together in specific ways. Getting the recipe…
Trump is back in the Oval Office – and the long tradition of presidential redecoration is underway. In redecorating, the president symbolizes their goals for the coming four years by putting their own personal spin on the room. Trump’s creative licence shows itself in a red valet button, used by the president to request a…
The Coca-Cola Company is set to introduce new products in both the USA and UK markets in the coming month. In February, the company will unveil a new Coke flavor—orange cream—in the United States. Additionally, Coca-Cola Lime, a popular flavor that has not been available for 17 years, will be reintroduced to consumers in the…
China-based Huaxin Cement Co Limited has so far acquired six subsidiaries of LafargeHolcim cement plants in Africa. Huaxin Cement moves to be the second biggest cement producer in Sub-Saharan Africa after Dangote Cement. . Dangote Cement has a total production capacity of 52 million tonnes per year (MTa) across Africa. This makes it the largest cement producer in…
Honda and Nissan are in talks to merge by 2026, in an effort to fight intense competition from Chinese rival cars makers , such as Tesla and BYD. Reuters reports on Monday, that the tie-up would create the world’s third-largest auto group by vehicle sales after Toyota and Volkswagen (VOWG). It would also give the two companies scale and a…
(Visual Capitalist) China and manufacturing dominance together are words easily believed, but this wasn’t always the case. The world’s manufacturer didn’t always make—quite literally—everything. This visualization projects the change in manufacturing value added (MVA) by country from 2000 to 2030. Data is sourced from the UN Industrial Development Organization, as of November 2024. Economic Reforms and…
