African Apparel Exporters to USA Face Uncertainty Under Trump’s Protectionist Posture
In 2024, the top apparel exporters to the USA were Morocco , Kenya, Tunisia, Madagascar, and Lesotho. Most countries rely
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Manufacturing
UK Retakes Control of British Steel from Jingye
In April 2025, the UK government retook control of British Steel after expediting emergency legislation in Parliament in a single
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Chery to Invest $105M in JV with Fondal to Produce Jetour SUV in Algeria
During the China-Algeria Business Forum on 15 April 2025, Chinese SUV maker Jetour signed an agreement with Algeria Foundries (Fondal)
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Sunrise Textile Inks Deal to Invest $240M to Build Two Factories in Morocco
On Thursday 20 March 2025, Chinese textile company Sunrise Group signed an agreement with the Government of Morocco to build
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ARISE IIP Secures Another $450M from Afreximbank to Boost Industrialization in Africa
In support of the #industrialization drive in Africa, the Africa Export and Import Bank (Afreximbank) approved a line of credit
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Hisense and Condor Deepen Partnership to Build Largest Air Conditioner Factory in Africa
On 20 February 2025, Hisense (SZSE: 000921) and Condor signed a partnership agreement to build an air conditioner factory in
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Hisense and FBB Tech Lay Foundation for Factory in Egypt
On 17 February 2025, Chinese household appliances giant Hisense and UAE-based FBB Tech performed the foundation stone laying ceremony for
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Dangote Renews Confidence in Ethiopia with $400M Expansion of Cement Plant
On 15 February 2025, Aliko Dangote announced that he is investing USD 400 million. In in Ethiopia to double the
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World’s Largest EV Battery Maker CATL Files for Hong Kong IPO to Raise at Least $5B
On 11 February 2025, Contemporary Amperex Technology Company Limited (CATL) submitted its application to be listed on the Hong Kong
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Burkina Faso Unveils First Native EV
At the end of January 2025, Burkina Faso’s ITAOUA Group launched its first electric car assembled locally. The electric vehicle
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