Industry Dynamics

Ethiopian Railways Corporation is among the major state-owned enterprises that have been announced as slated for partial or full privatization. Specific details on the privatization process of the Ethiopian Rails Corporation are yet to be announced.

Egypt's Spinning, textiles and home furnishings during 2021 increased by about 25 percent to reach $1.567 billion, compared to $1.245 billion in 2020.

Renewvia Solar Nigeria Limited, a subsidiary of Renewvia Energy Corporation, has successfully connected about 2,000 new households and over 6,000 residents in five Niger Delta communities to solar hybrid mini-grid power electricity.

Small-scale coffee farmers have taken a giant step towards better revenues with the first direct export of the commodity, fetching nearly double the prevailing price when sold through middlemen.

The Ministry of International Cooperation on Saturday took part in the launch ceremony of the first-ever solar energy-powered wholesale market.

The Egyptian Natural Gas Holding Company (EGAS) said the total exports of natural gas and liquefied gas amounted to 3.5 million tons during the first half of the fiscal year of 2021-2022.

Vivo Energy Morocco and the Foundation for Research, Development, and Innovation in Science and Engineering (FRDISI) are joining forces to support young Moroccan entrepreneurs.

About 20 bottled water producers have stopped their production as a result of shortage and price hike of materials according to information Capital has obtained from the Ethiopian Bottled Water and Soft Drinks Manufacturing Industries Association (EBWSDMIA).

The figure accomplished in the last fiscal year is still higher than that worth LE673 billion ($42 billion) hit in FY2019/2020. Currently, the share of agriculture in the GDP is 15 percent, and 18 percent in exports. The sector also employs 25 percent of workers in the country.