“Between January and July 2023, Dangote Cement consumed over 34,800 metric tonnes of alternative fuel materials for its operations.” The alternative fuels includes tyre chips, waste oils, and agricultural waste such as palm kernel shells and rice husks. This was disclosed by the Head of Sustainability, Dangote Cement Plc, Obajana Plant, Dr. Eseosa Ighile. ”…
Reacting, the Director-General of the Manufacturers Association of Nigeria, Segun Ajayi, explained that the deficit is not only a result of consumer choices but also of government procurement patterns.
Despite the increase in operating expenses, BUA Foods achieved a 124% profit after tax to N125.28bn in Q1 2025, compared to N55.82bn in Q1 2024.
The German Federal Ministry for Economic Cooperation and Development (BMZ) is contributing EUR 600,000 (approximately CHF 560,000) to the Standards and Trade Development Facility (STDF) to help developing economies and least-developed countries (LDCs) meet international food safety, animal and plant health standards for trade and improve their access to global and regional markets. The STDF is…
Dubai is set to host the Gulf’s first large-scale brewery as a joint venture involving Heineken NV prepares to produce popular beer brands in the emirate. Bloomberg reports that this marks a significant shift in a region traditionally known for its strict regulations on alcohol sales and consumption. Sirocco, a partnership between Heineken NV and…
The refinery is challenging the directive on the ground that the petroleum regulator lacks the statutory authority to exercise regulatory or oversight powers over its operations within the free zone.
United Bank for Africa (UBA) Plc has announced the appointments of Mary Mulili, and Mohamed Alhajie Samoura as the new chief executive officers of its subsidiaries in Kenya and Sierra Leone, respectively. In a statement, UBA’s Group Managing Director/CEO, Oliver Alawuba, said that the strategic appointments underscored the bank’s commitment to fostering diversity, empowering local…
Hollywood stars Ryan Reynolds and Rob McElhenney have invested in Wrexham Lager, the oldest British lager brewery still in existence. The investment was made by Red Dragon Ventures, a joint venture formed by Reynolds and McElhenney and the New York-based Allyn family. BBC reports that the famous pair have taken co-ownership of Wrexham Lager, which already…
The Pan-African Manufacturers Association (PAMA) has issued an urgent alert regarding the devastating effects of insecurity on Africa’s manufacturing sector. In its February 2025 news bulletin, PAMA pointed to grave examples, particularly the destruction wrought by Boko Haram, ISWAP, and Ansaru in Nigeria’s northeastern regions, which have forced more than 60 manufacturing firms to shutter…
In the words of the MD/CEO of Fidelity Bank, Dr (Mrs) Nneka Onyeali-Ikpe, ‘We are very thankful to Afreximbank for supporting our expansionary initiatives for international growth.
