Indian halal cosmetics start-up Iba Halal Care to enter South African market by year-end
A halal cosmetics brand, Iba Halal Care, launched last year by two sisters in Ahmedabad, India has revealed ambitious growth plans to open a new store in its homeland every month, as well as launch in west Asia and South Africa by full year end, according to a report...
Henkel invests US$39m in its Egypt-based factories
Demonstrating confidence in Egypt’s economy, Henkel has announced that it is investing LE300 million (US$39m) to develop its personal care product factories in Port Said and Cairo. The maker of Fa soap and Persil detergent began its operations in Egypt in 1992 and has...
Dow Chemical expands presence in Africa: plans to open Angola office
US petrochemicals manufacturer Dow is upping its presence in Africa following a 25 percent gain in revenue in 2014. The region is one of the US company’s fastest growing markets and is expected to account for up to five percent of the company’s sales by 2025....
Unilever ramps up presence in Africa and Middle East: breaks ground on new Dh1 billion Dubai plant and increases stake in Nigeria by 25 percent
Unilever has started construction on a new Dh1 billion manufacturing plant in Dubai’s Industrial City. The plant is Dutch personal care manufacturer’s second in the city and is due to open in mid-2016. The facility will produce personal care products from Unilever’s...
Unilever Ghana first to achieve zero waste to landfill target
Unilever’s Ghanaian division was the first in Africa to achieve the company’s zero waste to landfill target, according to Head of Corporate Affairs, Gabriel Opoku-Asare. Unilever recently announced that it had reached its global target to eliminate non-hazardous...
Economic output across sub-Saharan Africa at lowest rate in two decades
Economic output across sub-Saharan Africa will fall this year to its lowest rate in two decades, according to a report from the World Bank. The biannual ‘Africa Pulse’ report attributes the decrease to security concerns caused by Ebola, falling oil prices and the end...
Angola: Industry Minister Registers 47 Cosmetics Manufacturing Units
The Angola government’s Ministry of Industry has revealed that there are 47 registered manufacturing units producing cosmetics, personal care and cleaning products across the country. Bernarda Matins, Minister of Industry met with product manufacturers in Luanda on...
L’Oreal partners with CFAO to expands its Africa presence
In an effort to strengthen its presence in Africa, L’Oreal has signed an agreement with Compagnie Française de l’Afrique Occidentale (CFAO) to cover the production and distribution of cosmetics in the Ivory Coast. Headquartered in France, CFAO is a multinational...
Mitsui aqcuires 15 percent stake in metal packaging firm Sarten Ambalaj
Japanese investment firm Mitsui has signed a deal to acquire 15 percent of Turkish metal packaging firm, Sarten Ambalaj. Sarten produces metal packaging products, such as cans for food, cosmetics and industrial products. Established in 1972 in İstanbul, Sarten is a...
LATEST NEWS
