Nigeria’s Minister of Finance, Kemi Adeosun, has written to President Muhammadu Buhari seeking approval to impose tariffs on a series of locally produced consumer goods, according to a report published by The Punch.
Unilever Zimbabwe has cut the ribbon on a new US$500,000 packaging plant in Harare, bringing its total investment in operations in the country to US$8.5 million over the last five years, according to a report published by The Herald.
Unilever is ‘committed’ to further investment in Nigeria, according to a report published by The Nation.
South Africa’s Competition Commission has issued fines to two major specialty chemical suppliers for engaging in ‘cartel-like behavior’, according to a report published by All Africa.
A US$20 billion joint venture set up between Dow Chemical and Saudi Aramco, Sadara Chemical Co, has kicked off production at its propylene glycol plant.
PZ Cussons has launched a range of deodorants under its Imperial Leather banner on the Nigerian market, according to a report published by Nigeria Today.
Procter & Gamble is gearing up for an expansion in Nigeria, according to a report published by Ventures Africa. The US FMCG giant has inaugurated a state-of-the-art production line for its Always brand at its manufacturing facility in Ogun State.
Reckitt Benckiser’s Vice President for Africa, Ata Sadfar has indicated that the company is set to open its largest distribution center on the African continent in Ogun, Nigeria, according to a report published by Nigerian newspaper The Guardian.
After eight acquisitions in 2016 and an impressive 12 in 2015, it looks like Frutarom is set to repeat, if not beat its M&A record this year.
The Managing Director of L’Oréal Egypt, Benoit Julia, has revealed to Daily News Egypt that it is set to open one of its signature hair dressing academies, L’Oréal Hair Institute, in the country in May.