Industry Dynamics

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.

On the live-streaming online event that was held on Wednesday January 19, the product of Arada Coffee which was established in 2016 as a value added coffee producer and exporter sold within record durations for the volume of Chinese customers.

The company is currently working on building an integrated infrastructure system for the station network at the level of the Republic, in addition to the technology systems supporting this network.

Foreign direct investments in new and renewable energy projects in Egypt rose to $3.5 billion during 2021, which is double the registered value in 2020, with electricity production of about 3,570 megawatts.

The value of fish products in the Moroccan market has gone up by 36%, according to the latest data from Morocco’s National Fishing Office (ONP).

Minister of Petroleum and Mineral Resources Engineer Tarek El-Molla stressed that Egypt is implementing an ambitious program to develop its mining industry based on Egypt's Vision 2030, adding that work is underway to implement the first gold refinery in Marsa Alam.