Industry Dynamics

Last year marked the latest milestone for Morocco’s continuously expanding automotive sector, as the industry dethroned the phosphate business to become the country’s largest exporting industry. 

Last year marked the latest milestone for Morocco’s continuously expanding automotive sector, as the industry dethroned the phosphate business to become the country’s largest exporting industry. 

This large-scale project should expedite the electrification of certain countries and support the industrial and agricultural growth of the region, thus enhancing the standard of living for the population.

The operationalisation of the two million barrels per annum refinery is a pivotal step towards securing Ghana’s collective energy future and represents yet another important demonstration of the cooperation between the public and private sectors, one of which has enabled the mate...

The minister further added that the government has earmarked MAD 23 billion ($2.3 billion) for the sector in the 2023-2027 period. The budget is dedicated to achieving optimal integration of renewable energies and ensuring a reliable electricity supply to various entities. 

Africa's biggest oil refinery has begun production in Nigeria, the company has said, ending a yearslong wait for a plant that analysts said Monday could boost refining capacity in a region heavily reliant on imported petroleum products.

Egypt's agriculture exports achieved an increase of $239.2 million during the period from January to October 2023, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS).

The New and Renewable Energy Authority (NREA), Egyptian Electricity Holding Company (EEHC), and China Electric Power Equipment and Technology (CET) have entered into a new collaboration by signing a memorandum of understanding (MoU) to initiate preliminary studies and measurement...

Ghana Cocoa Board (COCOBOD) has signed an $800 million syndicated loan with a consortium of banks. It therefore expects to draw down the first $600 million as soon as this week, Deputy Chief Executive Officer, Ray Ankrah has said.