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IFC and Star Garments Partner to Expand Textile and Apparel Manufacturing in Togo
The funding to build a greenfield clothing factory in Togo is expected to create 4,520 direct and indirect jobs.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- employment, manufacturing, partnerships, scale
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Analysis: EV Manufacturing Shows Signs of Promise in Africa
Several African start-ups have manufacturing operations on the continent, but far greater investment is needed for the sector to flourish.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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South African Online Retailer Takealot Warns About E-Commerce Competition from Chinese Clothing Manufacturers Temu and Shein
Despite Takealot being a local business, many South Africans have come out in support of Shein and Temu because of their cheap prices.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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At €20,000, Will Volkswagen’s Future EV Be Affordable for Africans?
In Africa and Asia, where purchasing power is low, household spending priorities lie elsewhere, despite the desire to go all-electric.
- Categories
- Energy, Transportation
- Region
- Global
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GAVI Fully Approves $1 Billion African Vaccine Manufacturing Accelerator to Make Continent Self-Sufficient
New financial instrument will provide strategically timed grants to support and incentivise African pharmaceutical manufacturers to enter into vaccine production.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Safaricom Ethiopia to Use Locally Manufactured Telecom Towers
Safaricom Ethiopia hopes the new towers will help it expand its network and customer base which now stands at 4.4 million.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Apple Made $14 Billion Worth of IPhones in India as It Shifts Away From China
The smartphone giant has been cutting its reliance on China as geopolitical tensions fester.
- Categories
- Technology
- Region
- Asia Pacific
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India Cuts Import Taxes on EVs in Win for Tesla’s Entry Plans
The move also aligns with India’s goal to boost the adoption of EVs and reduce its dependence on oil imports.
- Categories
- Energy, Transportation
- Region
- Asia Pacific
