This month, the textile company Rivatex East Africa Limited, based in Kenya, will launch the modernization of its Eldoret-based production plant in Rift Valley, Business Daily Africa reports.
The project estimated at KSH3 billion ($30 million) was initially announced to start in June 2017. Once completed, it should increase the company’s production capacity from 10, 000 bales of cotton per year to 70, 000 bales a year.
In the framework of the plant’s upgrade, the Indian company Lakshmi Machine Works (LMW), one of the leaders of the industry will install new machines.
On a social level, the renovation of the plant is expected to generate 10,000 new jobs.
Flutterwave gained a BCEAO license to operate in Senegal, expanding to 35 African countries. ...
In Africa, the private sector is widely seen as the main engine of industrialization and plays a cen...
Highlights: • New 1% US tax on outbound remittances to take effect January 1, 2026• Africa received...
The former Nigerian president has passed away. A feared military figure and controversial head of st...
Key Highlights • New national plan “Tchad Connexion 2030” earmarks $1.5 billion for digital tr...
Highlights: • 38 African cities ranked among the world’s 1,000 most dynamic for digital innovation in 2025, up from 36 in 2024• Nigeria leads Africa with...
Highlights: • 400,000 certified high-yield tea plants distributed to smallholders• Government allocates $27 million to renovate 19 tea factories•...
Highlights: • The project is expectec to cost around $80 million and cover over 100 hectares in Ngogom, Bambey.• It is led by MidWestern Logistics...
Highlights • Cross-border fiber optic interconnection inaugurated on July 18, linking Dar es Salaam to Mombasa• Project connects Tanzania’s national...
In southeastern Morocco, near the Algerian border, lies Merzouga—a small village at the heart of the Saharan desert, known for its monumental dunes and...
Ashenda is a vibrant traditional festival celebrated primarily in northern Ethiopia, particularly among the Tigray and Amhara communities, as well as in...