Industry Dynamics

West Africa has long been known for its geological potential, and many investors believe that West Africa will continue to be the focus of the mining industry.

According to the Automotive Market Information Commission (AMIC), car sales in Egypt increased from 11,467 in January 2019 to 13,873 in January 2020, with an increase of 20.98%. The good start for the Egyptian automotive market is the impact of brand price cuts.

Data from the Uganda Coffee Development Authority show that coffee exports in February 2019 hit a record high in nearly 28 months due to bumper harvests in central and eastern regions.

According to central bank officials, platinum contributed 43% of total mineral exports last year, exceeding 37% of gold.

The timber industry offers great development potential for Angola. According to the Centre for International Forestry Research, the domestic timber or community logging market in sub-Saharan Africa employ hundreds of thousands of people.

The Nigerian Senate introduced a bill on Wednesday, March 11, 2020, banning the use of generators in the country.

After discovering a series of natural gas over the past five years, international companies are seizing investment opportunities in Egypt's petrochemical sector.

Tunisia is the most important olive planting country in the southern Mediterranean and is considered to be the top one country in the global olive oil market. The annual production of olive oil fluctuates depending on the harvest season, rainfall and cyclical effects.

An Ethiopian industry official and expert revealed that Ethiopia has launched the first well-organized bamboo development and utilization strategy to develop its bamboo resources.