Browsing: industrial

Major General Dr. Ismail Kamal, Governor of South Sinai, witnessed the signing of a cooperation protocol with Karm Holding to establish an independent solar microgrid for power generation and distribution in the Abu Zenima industrial zone, making it the first industrial zone in Egypt to run entirely on a solar microgrid independent of the national grid.…

Africa’s growth story continues to evolve as stronger banks, rising investment in critical minerals, and bold industrial ambitions reshape the continent’s economic future. From the DRC’s first lithium exports and Nigerian banks’ capital surge to Ethiopia’s financial reforms and Angola’s latest rate cut, this week’s developments highlight an Africa positioning itself for long-term growth despite…

As the World Bank Group places job creation, private sector mobilization and productive transformation back at the center of its agenda, evaluations by the Independent Evaluation Group (IEG) of the International Finance Corporation’s (IFC) engagement in fragile economies invite us to ask a fundamental question: Is making projects bankable enough to transform an economy?

Renewable generation projects have attracted most of Africa’s recent clean-energy investment, while the transmission networks and regional interconnections needed to move that electricity have struggled to keep pace. The imbalance is delaying projects, limiting cross-border electricity trade, and complicating the industrial corridors many governments are counting on to attract manufacturing and mining investment.

The manufacturing sector remains the backbone of every successful industrial economy, Trade, Industry and Competition (dtic) Deputy Minister John Steenhuisen said. “Around the world, countries that have achieved sustained economic development have done so by building competitive manufacturing capabilities,” he said at the 2026 Manufacturing Indaba in Sandton, near Johannesburg on Tuesday. He added that…