Investment in battery manufacturing is tipped to create thousands of jobs and accelerate industrialization for African economies seeking to capture a slice of the global manufacturing pie. According to the latest report dubbed Manufacturing Africa launched by UK Foreign Secretary, Africa is at the epicenter of driving the future of battery manufacturing. CNBC Africa spoke to Kemi Onabanjo, Country Lead, Manufacturing Africa for more.Get the full story here.
Foreign private investment in East Africa region’s manufacturing sector dropped significantly in 2021 as a result of COVID-19 with the region registering lower deal value to the average value each year.