INDORAMA TO CONSTRUCT US$700M PLANT IN EGYPT

INDORAMA TO CONSTRUCT US$700M PLANT IN EGYPT

Indorama Corporation, an Asian chemical firm, wants to establish two phosphate fertilizers and mineral silicon factories for solar panels, with investments worth $700 million. Prime Minister Mostafa Madbouly reviewed their proposal during a meeting with Minister of Petroleum Tarek El-Molla Minister of Planning Hala El-Said, and Minister of Trade and Industry Ahmed Samir alongside other senior officials. The petroleum minister said there is a chance for partnership with Indorama, noting that the raw materials for…

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NIGERIA PRESIDENT COMMISSION US$2.5B DANGOTE FERTILIZER PLANT

NIGERIA PRESIDENT COMMISSION US$2.5B DANGOTE FERTILIZER PLANT

Nigeria President, Muhammadu Buhari has commissioned the just completed US$2.5billion Dangote fertilizer plant that is expected to house a capacity of 3 million metric tonnes per annum in Ibeju Lekki, Lagos. The ceremony had the presence of dignitaries including Aliko Dangote, president of Dangote Industries Limited, Lagos State Governor Babajide Sanwo-Olu, Central Bank of Nigeria Governor Godwin Emefiele, and Minister of Trade and Investment Niyi Adebayo. According to reports, the facility proposed to be the biggest in Africa,…

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KENYA PRESIDENT SET TO UNVEIL SIMBA CEMENT PLANT

KENYA PRESIDENT SET TO UNVEIL SIMBA CEMENT PLANT

President Uhuru Kenyatta arrives Nakuru County for Simba cement plant unveiling. Kenya’s President Uhuru Kenyatta is in Nakuru County to officially unveil the Simba cement plant. The plant will aims to ride on the high demand for cement and building materials around the country. The announcement was made via kenya state house official social media handle. With the plant set to provide up to 700 direct jobs for resident at a production capacity of 750,000…

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ZIMBABWE PRESIDENT TO UNVEIL US$10M TIE AND BRICK PLANT

ZIMBABWE PRESIDENT TO UNVEIL US$10M TIE AND BRICK PLANT

President Emmerson Mnangagwa to unveil SZCC’s tie and brick manufacturing plant. President Emmerson Mnangagwa will today officially commission the brink and tile manufacturing plant at Sino Zimbabwe Cement Company. The official unveiling of the plant will enable additional competition to the industry. During the announcement by Midlands Provincial Affairs Minister Senator Larry Mavima, the plant will also provide additional bricks and competition, which in turn will have an effect on pricing. The aim of the…

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ZERA TO LICENSE INDEPENDENT POWER PRODUCERS (IPPs)

ZERA TO LICENSE INDEPENDENT POWER PRODUCERS (IPPs)

ZERA to issue 12  independent power producers (IPPs) license to operate in Zimbabwe Zimbabwe Energy Regulatory Authority (ZERA) is set to license 12 independent power producers. This new plan will help the country’s power deficit gap to be slashed significantly. The aim is to increase the nation power producing firm which currently have stands at 30 IPPs. Meanwhile, out of the 30 IPPs only eight of those have taken off and were currently operational. ZERA Acting CEO,…

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