Industry Dynamics

London-based SDX Energy has announced the discovery of a new gas deposit in Egypt’s South Disouq, according to a press release.

Morocco has granted licenses to UK-based mining exploration company Altus Strategies Plc to explore zinc, copper and other base metals in different locations in Morocco, totaling 87.55 square kilometers.

The Nigerian Federal Executive Council (FEC) has approved N10.7 billion for the establishment of 10 new rice mills.This was disclosed by the Ministers of State for Agriculture, Heineken Lokpobiri after the Council’s meeting chaired by President Muhammadu Buhari at the Presidential...

According to Egypt's Minister of Trade and Industry Tarek Kabil, investments in Egypt's automotive industry reached about $3bn, of which $1.6bn is in the automotive industry and $1.4bn in feeder industries.

Head of Government, Saad Eddine El Othmani, has replaced the government position which was previously occupied by Lahcen Daoudi, dealing with the case of the profit margins of fuel distributors following the deregulation of fuel prices.

The Multi-Sectorial Integrated Mining Project (MSIMP) of the government will get US$ 50 million from the World Bank for its implementation.

To support the agricultural development of Morocco in an inclusive and sustainable way, African Development Bank (BAD) has planned to get 200 million loan from EU.

Mohamed Shaker, Minister of Electricity and Renewable Energy, is going to proposes solutions to wind farm tariff problem and the inability of investors to finance the projects.

Even though the import ban of poultry has brought very low supply of birds, the price of chicks has increased as there is high hope. Meanwhile, the present challenges aere just for a short time and the future of it is pretty bight.