Dangote emphasises diversification of African economies, importance of agriculture
Dangote emphasises diversification of African economies, importance of agriculture

In a packed room at the headquarters of global law firm Shearman and Sterling LLC, Nigerian entrepreneur and business leader, Aliko Dangote told investors: "Agriculture, agriculture, agriculture. Africa will become the food basket of the world." High-level business leaders and international diplomats were invited by the Corporate Council for Africa to hear Aliko Dangote, and Rwandan president Paul Kagame, openly converse on Africa's opportunities and challenges.

3 days ago

Pirelli hits accelerator on Italy relisting
Pirelli hits accelerator on Italy relisting

MILAN, Italy: Pirelli will be relisted on the Milan bourse on 4 October 2017 following the biggest new share offer in Europe this year, the tyremaker announced this week.

3 days ago

Sets Drapes Screens has nothing to lose but waste, making furniture from offcuts
Sets Drapes Screens has nothing to lose but waste, making furniture from offcuts

Many sets are destroyed and thrown away as soon as an event is over. Gearhouse Group's Sets Drapes Screens (SDS), in looking to address this unsustainable reality within the live events industry, has been active in finding ways to recycle the waste associated with set manufacture.

3 days ago

Photo by Dominik Scythe on Unsplash
Airbus opens first plane-completion centre in China

TIANJIN, China: Airbus on Wednesday inaugurated its first completion centre for large aircraft in China, a new asset for the European manufacturer in heated competition with American rival Boeing.

3 days ago

Image credit: Trevor Samson
Ascendis to beef up operating efficiencies

Healthcare products conglomerate Ascendis is still on the acquisition trail, but an investment presentation last week stressed a focus on markedly improving profit margins in existing operations that span the pharma-med, consumer brands and phyto-vet segments.

By Marc Hasenfuss 19 Sep 2017

Photo by Edho Pratama on Unsplash
The calm before the next African smartphone storm

For many years, African countries served as the growth engine for the global smartphone market. In 2016, however, global smartphone sales grew at a modest 2% and the landscape in Africa also saw a dip from what had been a 39% year-over-year growth rate.

19 Sep 2017

McLaren to part ways with Honda, shifts to Renault
McLaren to part ways with Honda, shifts to Renault

NEWSWATCH: After months of speculation, the McLaren team has confirmed that it will split ways with engine supplier, Honda, at the end of the 2017 season and has also announced that it has signed a three-year partnership with Renault.

By Ilse van den Berg 19 Sep 2017

Photo by Sai Kiran Anagani on Unsplash
Rickshaws to jump start India's all-electric drive

NEW DELHI, India: India will roll out nearly 100,000 battery-powered buses and autorickshaws onto its sulphurous city streets in the coming weeks, setting it on the bumpy road to making new vehicle sales all-electric by 2030.

18 Sep 2017