More than ten African countries including Malawi, Zimbabwe and Botswana are represented at the 2024 Manufacturing Indaba in Johannesburg, South Africa.

The two-day event, which ends later this afternoon, is taking place under the theme: "Localisations in Africa".  

Key industry stakeholders, innovators, and government leaders in the manufacturing sector have been discussing ways to expand manufacturing across the continent at this meeting.

Thami Ngubeni spoke to Zambai's Head of Investment Mining and Energy, Mulumba Mweshi Lwatula.

More than ten African countries including Malawi, Zimbabwe and Botswana are represented at the 2024 Manufacturing Indaba in Johannesburg, South Africa.
The two-day event, which ends later this afternoon, is taking place under the theme: "Localisations in Africa".  
Key industry stakeholders, innovators, and government leaders in the manufacturing sector have been discussing ways to expand manufacturing across the continent at this meeting.
Thami Ngubeni spoke to Zambai's Head of Investment Mining and Energy, Mulumba Mweshi Lwatula.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

Manufacturing Indaba discusses ways to expand manufacturing across the continent at this meeting

Ghana’s licensed cocoa‑buying companies are reported to owe banks up to $750 million, raising concerns about mounting liquidity pressures in the industry. Samuel Adimado, President of the Licensed Cocoa Buyers Association of Ghana, says the debt burden has grown partly because Cocobod, the country’s cocoa regulator, has increasingly channelled funds into non‑core activities such as road construction. As a result, licensed buyers have had to rely more heavily on bank loans to pre‑finance cocoa‑bean purchases.


Innocent Semosa spoke to the Economist and CEO of the innovation hub Agrico Hub, George Antwi‑Boasiako.

Ghana&rsquo;s licensed cocoa‑buying companies are reported to owe banks up to $750 million, raising concerns about mounting liquidity pressures in the industry. Samuel Adimado, President of the Licensed Cocoa Buyers Association of Ghana, says the debt burden has grown partly because Cocobod, the country&rsquo;s cocoa regulator, has increasingly channelled funds into non‑core activities such as road construction. As a result, licensed buyers have had to rely more heavily on bank loans to pre‑finance cocoa‑bean purchases.
 Innocent Semosa spoke to the Economist and CEO of the innovation hub Agrico Hub, George Antwi‑Boasiako.

Cocoa industry debt raises concerns about mounting liquidity pressures in the sector

Ghana’s licensed cocoa‑buying companies are reported to owe banks up to $750 million, raising concerns about mounting liquidity pressures in the sector. Samuel Adimado, President of the Licensed Cocoa Buyers Association of Ghana, says the debt burden has grown partly because Cocobod, the country’s cocoa regulator, has increasingly channelled funds into non‑core activities such as road construction. As a result, licensed buyers have had to rely more heavily on bank loans to pre‑finance cocoa‑bean purchases.


Innocent Semosa spoke to Stephenson Anane Boateng, President of the Ghana National Cocoa Farmers Association (GNACOFA).

Ghana&rsquo;s licensed cocoa‑buying companies are reported to owe banks up to $750 million, raising concerns about mounting liquidity pressures in the sector. Samuel Adimado, President of the Licensed Cocoa Buyers Association of Ghana, says the debt burden has grown partly because Cocobod, the country&rsquo;s cocoa regulator, has increasingly channelled funds into non‑core activities such as road construction. As a result, licensed buyers have had to rely more heavily on bank loans to pre‑finance cocoa‑bean purchases.
 Innocent Semosa spoke to Stephenson Anane Boateng, President of the Ghana National Cocoa Farmers Association (GNACOFA).

Ghana's licensed cocoa buyers owe banks up to $750 million, highlighting financial challenges in the industry

China’s lithium prices have surged after Zimbabwe suspended exports of all raw minerals and lithium concentrates with immediate effect. The export ban has raised concerns about the stability of global raw‑material supply at a time when expectations of a boom in energy‑storage systems have driven a strong rally in lithium prices since the second half of 2025.


Zimbabwe is Africa’s largest lithium producer and exported 1.128 million tonnes of spodumene concentrate in 2025, an increase of 11% from the previous year, with the bulk of shipments destined for China.
Innocent Semosa spoke to Independent Policy Researcher and Political Economist Kevin Tutani.

China&rsquo;s lithium prices have surged after Zimbabwe suspended exports of all raw minerals and lithium concentrates with immediate effect. The export ban has raised concerns about the stability of global raw‑material supply at a time when expectations of a boom in energy‑storage systems have driven a strong rally in lithium prices since the second half of 2025.
 Zimbabwe is Africa&rsquo;s largest lithium producer and exported 1.128 million tonnes of spodumene concentrate in 2025, an increase of 11% from the previous year, with the bulk of shipments destined for China. Innocent Semosa spoke to Independent Policy Researcher and Political Economist Kevin Tutani.

Manufacturing Indaba discusses ways to expand manufacturing across the continent at this meeting

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