Nissan automobile, in partnership with Japan Motors Trading Company Ltd. (JMTC), has put plans in motion to set up a vehicle assembly plant in Tema, Ghana. This agreement between JMTC and Nissan is borne out of a long term business partnership between the two companies, with the JMTC being the local partners. The establishment of the vehicle assembling plant is...
Gloria Wavamunno, a model at the very first Ugandan fashion week show that was held in Kampala in 2014, has beckoned on fellow designers to project their business towards encouraging local markets. She said that the Ugandan fashion industry is in dire need of improvement. According to her, the industry is suffering due to struggling ventures, small scale production, semi-professionals,...
The iconic plastic bag is recognized around the world in either its blue-white or red-white varieties. This bag which was once nameless in West Africa has long been especially popular in markets across the region. However, the bag took the name Ghana Must Go in the 1980s. When hundreds of thousands of undocumented immigrants, most of them Ghanaians, hurriedly stuffed...
The city of Douala, the economic capital of Cameroon, has the biggest shopping centre in Central Africa. As of now, the general public is enthusiastic about finding the Douala Grand Mall. The ultra-modern tower is built on 40,000 m2 of which 18,000 m2 of commercial space is dedicated to entertainment, leisure and shopping. "The shops are there, everything is in place....
Nigerian automotive tech company, Autochek Africa, has completed its pre-seed round of $3.4 million. The round was co-led by Lagos, London, and Nairobi-based TLCom Capital and US-based 4DX Ventures. Japanese VC firm, Kepple Africa; sub-Saharan-focused firm, Lateral Capital; Ghana-based Golden Palm Investments; Chinese VC firm, MSA Capital; and several local angel investors participated in the round. Planning to build automotive solutions...