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Turkey denim giant Taypa investing $800m in North Africa

2017-10-31 12:33:00| Daily apparel & textile news and comment - from just-style.com

Turkish denim manufacturing giant Taypa Teksil, supplier to brands including Levi's and Calvin Klein, is investing US$800m in what it says will be the largest textile facility in Algeria, in a bid to double production capacity in North Africa and diversify its product offering.

Tags: north africa turkey investing


Envivo launches OTT TV in Africa with Cisco Infinite Video

2017-10-30 07:30:59| Digital TV News

Envivo Communications has announced plans to launch an OTT streaming video service, nVIVO TV, powered by the Cisco Infinite Video Platform, to offer its subscribers access to Nollywood and international video content throughout Africa.

Tags: video africa cisco launches


Messe Frankfurt expands sourcing shows in Africa

2017-10-27 16:41:00| Daily apparel & textile news and comment - from just-style.com

Trade show organiser Messe Frankfurt is continuing to expand its portfolio of textile trade fairs on the African continent with its collaboration this week on two events in Morocco.

Tags: shows africa frankfurt messe


Kosmos Energy signs oil and gas contracts in West Africa

2017-10-24 01:00:00| Offshore Technology

US company Kosmos Energy has signed three new production sharing contracts (PSC) with the Ministry of Mines and Hydrocarbons of Equatorial Guinea and national oil company GEPetrol for Block EG-21, Block S and Block W in offshore Rio Muni, West Africa

Tags: west energy africa gas


UK banks exposed to money laundering in South Africa

2017-10-19 01:05:11| BBC News | Business | UK Edition

Lord Peter Hain says the banks "maybe inadvertently have been conduits for the corrupt proceeds of money".

Tags: money south africa banks


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