Egypt-based Telecom and Technology Co. (Teletech) and the energy storage business unit of Russia's state-owned Rosatom have signed an agreement to set up a lithium-ion battery assembly facility in Egypt.
China-based appliance manufacturer Vanward has broken ground on the $12 million second phase of its Vanward Egypt for Home Appliances plant in the Sokhna Industrial Zone, according to a statement from the General Authority for the Suez Canal Economic Zone (SCZONE).
Egyptian Minister of Industry Khaled Hashem and South African Trade, Industry, and Competition Minister Parks Tau discussed expanding industrial cooperation, focusing on automotive manufacturing and components, according to a statement.
Rwanda steel imports face a structural reversal as the country's first fully integrated steel plant opens in Musanze, with officials projecting annual foreign steel spending to fall by $100 million.
Egypt plans to increase its solar power capacity by 144 percent and wind capacity by 400 percent by 2029, while raising total renewable energy capacity above 29,700 MW, Minister of Electricity and Renewable Energy Mahmoud Esmat said on Thursday.
Egypt's BME for Battery Manufacturing has signed an agreement with China’s Contemporary Amperex Technology (CATL) to establish an electric battery manufacturing plant, with initial investments of more than EGP 2 billion for the project’s first phase, the Ministry of Industry announced on Sunday.
Morocco has taken another step toward a more flexible renewable energy system after OCP Green Energy powered up the country's first large-scale lithium iron phosphate (LFP) battery storage facility at Benguerir.
Senegal's state-owned oilseed processor SONACOS plans to invest CFA18 billion ($32 million) in an integrated peanut processing complex in the Kolda region, adding industrial capacity as the government directs a larger share of the country's crop toward local processing.
Burkina Faso has opened a $30 million textile complex as it builds domestic cotton-processing capacity and aims to reduce reliance on clothing imports by keeping more of the sector's value chain at home.