Industry Dynamics

Egypt is expected to become Africa's top wind power generator by 2030, according to the Information and decision support center affiliated with Egypt’s Cabinet.

President Abdel Fattah El-Sisi inaugurated on Wednesday the Nitrogenous Fertilizer Complex in Ain Sokhna town of Suez governorate in northeastern Egypt to cover local needs and export surplus to dozens of countries.

The Federal Ministry of Agriculture and Rural Development (FMARD) has restated its commitment to boosting food production in the country with its green alternative scheme.

Egyptian Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, affirmed that the ministry and its subsidiaries are working to gradually localize the industry to reach 100% and give priority to the Egyptian product, provided that it conforms to international specificat...

The Egyptian government is taking serious steps to curb inflation, increase local production and exports, reduce reliance on imports, and bolster both foreign investment and foreign exchange reserves, it added on its official website.

Egypt imports about 97 percent of plant-based oils to meet the needs of the local market, which necessitated the development of a plan to reduce the imported amount, according to the Minister of Supply and Internal Trade, Ali Al-Moselhi.

Egypt aims to grow more than 750,000 feddans of oily plants during 2024, to reduce oil imports and rely on local alternatives, according to a statement issued by the Cabinet on Monday.

The meeting reviewed the Plan and Budget Assembly of WEPCO and Badr Petroleum Company for the fiscal year 2023/2024.

Mohamed Bazoum, President of Niger, inaugurated Wednesday a 22 Megawatt energy plant in the eastern city of Zender with a total investment of $23.6 million as part of efforts to increase energy connectivity in the West African country where only 20 per cent of territory having ac...