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Texas will be ‘home of semiconductor manufacturing’ amid chip shortage: Gov. Abbott
Texas Gov. Greg Abbott discusses the impact of companies moving their headquarters to the state, the rise of the omicron variant and the migrant surge. Texas Gov. Greg Abbott declared Sunday that his state “will be the home of semiconductor manufacturing going forward” as the chip shortage has been affecting companies around the globe. “The country made a mistake over the past one or two decades to farm out manufacturing of all these essential supplies, whether it be now semiconductors or could be health care supplies that we needed during the time of COVID, whatever the case may be, we need to not depend upon China or other countries for our essential needs, for things like semiconductors,” the Republican governor argued during an exclusive…
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McKinsey identifies 24 green manufacturing business opportunities in Africa
Kenyan company ASOBO has introduced electric fishing boat engines on Lake Victoria. According to McKinsey, the assembly of electric fishing boats is a green business opportunity in Africa. McKinsey & Company highlights new business opportunities across several sectors including agriculture, biofuels, basic materials, energy, packaging and plastics, transportation, and textiles and apparel – each having substantial potential for green growth. If Africa’s manufacturing sector follows the growth trajectory of developed markets over the past decades, it will likely double in size, and without any decarbonisation efforts its emissions could nearly double as well by 2050. This would not only set the world back on its overall emissions reduction targets but…
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