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Browsing: Manufacturing in Africa
The United Nations Conference on Trade and Development (UNCTAD) has stated that inadequate infrastructure investment in African countries hinders the continent from securing a more advantageous position as a global supply chain destination.
The organization highlights, among other points, in its annual 2023 Africa economic development report, the need to prioritize certain aspects to strengthen Africa’s role in the supply chain, recognizing its potential to become a key player in the global supply market.…
- African countries are important producers of initial inputs but do not participate much in intermediary steps required to produce the final product.
- Fortunately, AI (Artificial Intelligence) can offer solutions across these areas by helping improve operational efficiency by automating mundane tasks.
- Africa’s manufacturing sector contributes significantly to the continent’s economy, providing employment, generating income, and driving development.
Africa is a continent with an abundance of natural resources and potential for economic growth, yet its manufacturing value chain is still lagging behind other regions in the world. With limited access to capital, technology, and skilled labor, African countries are struggling to keep up with the global competition. In recent years there has been increased focus on how Artificial Intelligence (AI) can help bridge this gap by providing new opportunities for Africa’s manufacturing sector.
The first step towards leveraging AI in Africa’s manufacturing industry lies in understanding the gaps that need to …
- Varun Beverages has become one of the country’s biggest beverage firms in Zimbabwe
- Delta has had a firm grip on the Zimbabwean drinks market and is home to international brands of soft drinks and beers
- Varun is on an aggressive urban assault to capture more market share and challenge the drinks giant.
Varun Beverages has become one of the country’s bigger soft drinks firms in Zimbabwe within a relatively short period.
Bottlers of Pepsi, 7up and Mirinda brands, Varun has established itself as one of the soft drinks companies to reckon with in the soft drinks market.
This is an impressive achievement given it is going toe-to-toe with long-established Delta, Zimbabwe’s most prominent beverage firm with big brands such as Coca-Cola, Fanta and Sprite.
Since the colonial era, Delta has had a firm grip on the Zimbabwean drinks market and is home to international brands of soft …
The Kenya Association of Manufacturers urged the government of Kenya to urgently address the way to economic recovery following the immense effects of the pandemic.
This was said during the launch of the Kenya Association of Manufacturers (KAM) 2021 Manufacturing Priority Agenda (MPA), themed “From surviving COVID-19 to thriving: Manufacturing sector rebound for the sustained job and investment growth”.
Speaking during the Agenda launch, Mr Mucai Kunyiha, the KAM chair said that the economic recovery highly depends on the goodwill and full commitment from the government.
He explained that “Efforts to enhance our productivity are hampered by the increasing cost of doing business and low competitiveness. Some of the issues that contribute to this are regulatory overreach high cost of energy, transport, and logistics costs. To resolve these headwinds, it is paramount that the government and its agencies strongly commit and demonstrate goodwill to securing the future of our country’s …