Industry Dynamics

The project will contribute to securing big part of the needs of the local market in light of the boom witnessed in the new road mechanism.

THE Zambia Development Agency (ZDA) has signed a memorandum of understanding (MoU) with three entities to facilitate for the establishment of a cross border e-commerce industrial park aimed at linking small and medium-sized enterprises (SMEs) to international markets.

The Middle East largest jojoba greenhouse of 50 million seedlings ready for plantation has been established in the New Valley, a vast desert governorate in western Egypt.

The government's pro-farming mindset is anchored in a programme called "Pfumvudza" (meaning "Master Farmers' Revolution") through which it provides financing subsidies to young farmers.

The garment industry in Egypt generates around LE 300 billion annually, head of the Chamber of Readymade Garments Industry in the Federation of Industries, Mohamed Abdel Salam, said.

Exports during May amounted to $355 million, achieving the highest growth rate in value during the same period by 47 percent increase on an annual basis, and July 2021 exports amounted to about $287 million, with a growth rate of 8 percent.

Phosphate is used as a vital ingredient for agricultural fertilizer products. Morocco’s phosphate reserves are among the largest in the world, and the extraction and exportation of phosphate represent a significant part of the country’s GDP.

Africa's first ever sub marine cable which connects Cameroon to Brazil will boost telecommunications in the Central African sub region and the continent as a whole, the General Manager of the Cameroon Telecommunications, CAMTEL, Judith Yah Sunday has said.

Minister of Planning and Economic Development Hala El-Said, stressed that electric energy is the mainstay for comprehensive development, as all industrial, agricultural, tourism, urban, and service sectors depend on it to operate their facilities and generate added value.