Industry Dynamics

Global energy investment is projected to reach $2.8 trillion in 2023, with more than 60 per cent allocated to clean technology including renewables, electric vehicles, nuclear power and heat pumps, the Paris-based agency said in its World Energy Investment report in May.

The Ministry of Planning and Economic Development aims to raise industrial production by 19 percent in FY2023/2024 to record LE4.3 trillion up from LE3.6 trillion in FY2022/2023, while the target for FY2025/2026 is LE5.74 trillion with a rise of 15 percent in comparison to the pr...

The Egyptian state continues its major successes and achievements in the gas and oil file, and this comes at a time when Egypt is seeking to increase its reserves of gas, the demand for which has recently grown, in addition to the efforts of many European countries to secure alte...

Egypt's production index of manufacturing and extractive industries for June (excluding crude oil and petroleum products) reached 103.21 in June 2023, dropping by 1.43 percent compared to 104.71 in May 2023.

The Pan-African Seed Governance Conference has ended in Dar Es Salam, Tanzania, with a resounding consensus to defend Farmer Managed Seed Systems (FMSS).

Egypt and UK private equity firm Actis are currently in talks to increase the latter’s offer for Egypt’s Gabal El Zeit wind farm, a source the New Renewable Energy Authority told local media.

Huayou, a Chinese manufacturer of electric vehicles battery materials, would invest 200 billion dirhams or $20 bln in a plant in Morocco’s region of Laayoune Sakia El Hamra in the Sahara, the regional investment center announced.

Morocco is set to award a new contract for the reconstruction of a new solar plant. The news comes after the country’s renewable energy agency (MASEN) selected a number of companies as potential candidates.

Cocoa Abrabopa Association (CAA), a farmer-based organisation, has paid a total ¢9.2 million in premiums to their farmers across the give cocoa-growing regions in Ghana.