Category: Manufacturing
๐จ๐ฎ French Troop Withdrawal from Cรดte d’Ivoire: Local Businesses Brace for Economic Impact
The impending withdrawal of French troops from Cรดte d’Ivoire has sparked significant concern among local business owners, particularly those in Port-Bouรซt, a suburb of Abidjan. These entrepreneurs have long depended on the patronage of approximately 600 French soldiers stationed at the 43rd Marine Infantry Battalion (BIMA) camp. The departure of these troops, scheduled for the…
๐ณ๐ฌ Nigeria’s Resurgent Oil Industry: The Warri Refinery Returns to Life
In a resounding declaration of progress, the Warri oil refinery, once a symbol of Nigeriaโs battered energy infrastructure, roared back to life on December 30, 2024. After nearly a decade of silence, the refineryโs revitalized machinery now churns out 125,000 barrels per day at 60% capacity, a powerful sign of the countryโs ambition to reclaim…
African Fashion Industry Sees Rapid Growth: A New Era of Global Influence
The African fashion industry is on a remarkable growth trajectory, projected to reach a staggering $70.58 billion by 2024. This expansion is fueled by an annual growth rate of 5.16% until 2028, marking a significant shift in the global fashion landscape. This surge in the African fashion sector is largely driven by the growing international…
Ghost Guns: The Unseen Threat Facing Global Communities
In a chilling incident that highlights a growing global crisis, UnitedHealthcare CEO Brian Thompson was shot in broad daylight outside a New York hotel. The alleged perpetrator, Luigi Mangione, was arrested at the scene. What sets this case apart is the weapon: a “ghost gun” โ an untraceable firearm assembled at home or produced using…
Morocco launches anti-dumping investigation into Egyptian steel imports
The Ministry of Industry and Trade has launched an investigation into steel sheet imports from Egypt amid suspicions of dumping after a complaint from Maghreb Steel regarding a questionable increase in Egyptian imports, which it claims adversely affects the national industry. In a notice published on Thursday, October 10, the department stated that it had…
Mureza Autoโs electric vehicles to feature local African materials at competitive prices
Mureza Autoโs upcoming electric vehicles will use local materials, making them unique in the market, Tatenda Mungofa, CEO of South African Mureza Auto Company, told panafrican.email โOur upcoming electric vehicles will be using lithium from Zimbabwe, a few other minerals from South Africa. So that already makes us unique,โ he shared. Mungofa also highlighted the…
Plunder Capitalism: Land Grab Tactics in West Africa
panafrican.email Private property is the cornerstone of individual and family wealth, especially in West Africa, where land is closely tied to identity, community, and survival. Yet, the phenomenon known as plunder capitalism is threatening the very foundation of this wealth, as private equity players and multinational corporations employ a range of tactics to seize land…
US federal judge again dismisses Mexicoโs lawsuit against most gun manufacturers
A recent ruling by a U.S. federal judge in Massachusetts has again dismissed most of the Mexican government’s $10 billion lawsuit against several major U.S. gun manufacturers. The lawsuit, originally filed in 2021, sought to hold these companies accountable for the flow of firearms into Mexico, which the Mexican government argues contributes to the violence…
EDF Suspends Small Nuclear Reactor Project Due to Technical Complexities
The French company EDF has decided to suspend its small nuclear reactor project. The reason is the problems arising from the excessive technical complexity of this device. French energy giant EDF has suspended its NUWARD small modular nuclear reactor (SMR) project. This decision was made due to the high level of technical complexity of the…
CNN: Russian assassination attempt on Rheinmetall boss foiled
US intelligence discovered earlier this year that the Russian government planned to assassinate the chief executive of a powerful German arms manufacturer that has been producing artillery shells and military vehicles for Ukraine, according to five US and western officials familiar with the episode. The plot was one of a series of Russian plans to…
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