
Volkswagen Group Africa continues creative partnership with Ogilvy
Ogilvy presented a “unique partner model” during an 11-month pitch process involving 15-plus agencies and multiple rounds of presentations.
BUSINESS STRATEGY
By our News Team | 2023
Japanese-based health products multinational is to spend US$40-million on establishing a second facility in the North African nation.
A major Japanese manufacturer and marketer of pharmaceuticals and health foods has announced plans to establish a US$40-million manufacturing facility in Egypt.
This comes shortly after Swiss multinational food and beverage giant, Nestlé, confirmed it is to invest in adding four new production lines to its existing facilities in the North African country.
Illustration courtesy of Otsuka Pharmaceutical
Several major global companies are working to localise key production and raw-materials sourcing within their African operations to minimise the need for increasingly expensive imports.
Otsuka Pharmaceutical says it plans to establish the new factory in Egypt’s 10th of Ramadan City, a modern metropolitan area located close to Cairo.
The company – which has brands such as JogMate, CalorieMate, Energen and Ion Water in its consumer-focused portfolio – has long-standing links with Egypt through the local Egypt Otsuka Pharmaceuticals business established in 1992.
Many of the products will be for export
“Egypt Otsuka is planning on exporting healthy food to countries in the Middle East, where demand is high due to a growing number of individuals altering their eating habits and embracing a balanced nutritional diet and active lifestyle,” Food Business Africa reports.
Quoting statistics from Data Bridge Market Research, Food Business Africa says the Middle East & Africa health and wellness food market will grow at a CAGR of 8.3% during the forecast period of 2022 to 2029.
According to Ahram Online, the English-language news website, Egypt’s Industrial Development Authority (IDA) has allocated 95,000 square metres of land to Otsuka Egypt to build the new factory, which will be the company’s second facility in 10th of Ramadan City.
The announcement of the new project was made by Ahmed Zaghloul, President of Egypt Otsuka, during a meeting with IDA’s Chairman, Mohamed Abdel-Karim.
Ogilvy presented a “unique partner model” during an 11-month pitch process involving 15-plus agencies and multiple rounds of presentations.
Nigeria reportedly has less than 4% of its cold chain capacity requirement. Much of Africa faces a similar challenge.
The latest issue of Strategic Marketing for Africa, the magazine for deep-thinking African marketing professionals, is now available.
As African commercial aviation expands, Marketing 5.0 has a vital role to play in enhancing operational efficiencies and customer service.
Researchers find that the location of sales interactions may be just as important as crafting a clever sales pitch.
CM(A) is a high-level pan-African professional designation awarded to senior marketers in recognition of their experiences and skills.
Travel industry marketers and content creators now have data-backed info on how to act, express emotion, or place products in a video.
Strong and varied speaker lineup explores into this year’s theme of ‘Resilience and Growth Through Sustainable Marketing’.
Formula milk companies must ‘stop presenting incomplete scientific evidence and inferring unsupported health outcomes’ say WHO and UNICEF.
Experienced marketer moves up from her previous position as Head of Brand and Communications for the company.
Annual CMO Breakfast in Kampala hears that achieving success in the boardroom requires depth and an understanding of your ‘kingdom’.
Dr. Kin Kariisa is an extraordinary force at the helm of Next Media Services, a conglomerate encompassing NBS TV, Nile Post, Sanyuka TV, Next Radio, Salam TV, Next Communication, Next Productions, and an array of other influential enterprises. His dynamic role as Chief Executive Officer exemplifies his unwavering commitment to shaping media, business, and community landscapes.
With an esteemed academic journey, Dr. Kariisa’s accolades include an Honorary PhD in exemplary community service from the United Graduate College inTexas, an MBA from United States International University in Nairobi, Kenya, a Master’s degree in Computer Engineering from Huazong University in China, and a Bachelor’s degree in Statistics from Makerere University.
Dr. Kariisa pursued PhD research in Computer Security and Identity Management at Security of Systems Group, Radboud University in Nijmegen, Netherlands. As a dynamic educator, he has shared his expertise as a lecturer of e-Government and Information Security at both Makerere University and Radboud University.
Dr Kin did his PhD research in Computer Security and Identity Management at Security of Systems Group, Radbond University in Nigmegen, Netherlands. He previously served as a lecturer of e-Government and Information Security at Makerere University in Kampala, Uganda and Radbond University in Netherlands.
Dr Kin did his postgraduate courses in Strategic Business Management, Strategic Leadership Communication and Strategies for Leading Successful Change Initiatives at Harvard University, Boston USA.