Natural resources to fuel Africa’s economic transformation

Africa’s mining and energy resources could boost the continent’s economic growth and pave the way for a breakthrough in human development, according to the African Economic Outlook 2013.

Fitch affirms stable outlook for Bahrain

Bahrain’s 12.1% GDP is projected for 2013. Growth has rebounded after the political unrest in 2011, picking up to 3.4% in 2012 from 1.9% the year before.

Nestlé inaugurates coffee factory in Viet Nam

The investment supports the company’s Nescafé Plan of optimising its coffee supply chain through direct procurement from farmers

Dubal, Mubadala complete acquisition of Guinea Alumina

Dubai Aluminium (DUBAL) and Mubadala Development Company (Mubadala) secured full ownership of Guinea Alumina Corporation (GAC).

Omani firms prepare to enter global export markets

Many Omani brands have the potential to expand into regional and international markets.

New EU Legislation on Cosmetic Safety

New legislation regarding cosmetic safety goes into effect today, across the European Union - and it includes changes that affect labeling, and safety requirements for packaging.

Eldon James launches F&B division

The maker of plastic tubings and connectors has launched EJ Beverage, which will focus on product innovation

Turkey, N.Africa exports support Mediterranean refineries -IEA

Increasing demand for fuel from North Africa and Turkey is keeping Greek, Spanish and Italian refineries in business.

Africa needs US$300B in power investments: IEA

The International Energy Agency (IEA) says sub-Saharan Africa needs US$300 billion in investments to achieve universal access to electricity by 2030.

South Africa's manufacturing output up 2.2% y/y in May

South Africa's manufacturing output rose 2.2 percent year-on-year in volume terms in May, from a revised 7.1 percent in April, Statistics South Africa.

Achieve closed-loop boring with Kennametal

Romicron? fine-boring systems from Kennametal allow users to dial in extremely close tolerances while the tool is mounted in the machine tool, saving time and easing training.

Putting Victoria on your table

The great range at HOFEX included some outstanding products from Victoria, Australia