Africa faces hard knocks as rich countries take manufacturing back home

By Jonathan Munemo, Salisbury University The global economic crisis triggered by the outbreak of the COVID pandemic in 2020 and Russia’s invasion of Ukraine in February this year has intensified the risk of declining trade integration between countries. A process referred to as the deglobalisation of trade. The pandemic sent shocks through supply chains across…

First grant awarded under new NT Advanced Manufacturing Ecosystem Fund

The first grant under the Northern Territory Advanced Manufacturing Ecosystem Fund (AMEF) has been awarded, supporting expansion by Corrosion Instruments (CI), a designer and manufacturer of cathodic protection, monitoring and measurement equipment. CI will receive $110,000 in co-investment from the AMEF for a project budgeted at $220,000, and which will help develop the company’s next…