ICNL, taking over Businesses dry-port upgrades as FG approves.

Importers and exporters based in Kaduna have received a leap that will grow their businesses as the federal government has finally upgraded the Inland Container Nigeria Limited (ICNL) to a dry-port status, giving the container depot the right to become the port of origin and destination.

South African Car factory getting upgrade from Volkswagen with $343m

German Carmaker Volkswagen plans to spend 4.5 billion rand ($343 million) to upgrade its factory in South Africa and improve its supplier base, it said on Thursday.

 

Most of the money would be used to revamp its factory in Uitenhage in Eastern Cape province to produce new models, Thomas Schaefer, head of Volkswagen’s South African unit, said.