Industry Dynamics

The Angolan oil sector has reason to smile with export figures more than satisfactory at the end of 2021-beginning of 2022. In the same vein, the historic launch of the very first oil platform in the country will take place next June.

Head of the Medicines Division at the Chamber of Commerce, Ali Auf, said that the Egyptian state manufactures 92 percent of its needs of medicines, while only 8 percent are imported from abroad.

To tackle this issue and assist farmers, the North-West Development Authority, MIDENO granted tons of maize seeds to local farmers. Added to it, were some agricultural chemicals.

The Ready Made Garments Export Council (RMGEC) on Sunday signed a cooperation protocol with the Egyptian Customs Authority's exporters and producers unit to help garment exports get access to foreign markets.

Kenya is the first country to participate in the scheme, which offers training to tobacco farmers so that they can switch to alternative crops that are easier to harvest, such as beans.

The Nigerian Bottling Company (NBC) says it has set aside €15 million to achieve its plan of increasing solar power generation across all its plants in the country to 15 megawatts by the end of 2022.

Morocco’s Minister of Industry and Trade Ryad Mezzour and the Deputy Vice President at Millennium Challenge Corporation (MCC) Kyeh Kima have inaugurated the extension project of the “Bouznika Park Industries.”

Nigerian President Muhammadu Buhari inaugurated a $2.5 billion fertilizer plant with which Africa’s most populous country hopes to contribute to the global supply amid the impact of increasing prices in the aftermath of the Russia-Ukraine war.

In September 2021, the United States Department of Agriculture (USDA) had indicated in its report that "Mali will be the largest cotton producer in Africa for the 2021/2022 season, followed by Benin, Côte d'Ivoire and Burkina Faso.