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China-Africa Trade Information Service
Egypt is setting a target of $21 billion in terms of its oil exports for 2023, a climb of $2.8 billion (15 percent) compared to 2022, Bloomberg Al-Sharq reported as seeing from an official government document.
Morocco will spend 0.5 billion dollars to help farmers access animal feed at a subsidized price as the country’s grains agency tenders for 500,000 feed barley.
The Ministry of Public Enterprise plans to inaugurate seven textile factories in 2024. Those are two spinning factories and two textile mills in Mahala, a plant in Kafr El Dawar, another in Helwan, and a jeans factory in Damietta.
Agriculture-focused news outlet East Fruit said that Morocco’s bell pepper exports grew by 45% annually over the past five years.
The company will be acquiring 100 percent of Fancy Foods’ assets, two full production lines, machinery, land, property, a distribution arm, technical know-how and recipes for a range of frozen bakery SKUs.
The agreement was signed by officials from SCZone, the Sovereign Fund of Egypt for Investment and Development (TSFE), Egypt’s New and Renewable Energy Authority (NREA), and the Egyptian Electricity Transmission Company (EETC).
Morocco's largest private electricity producer, Taqa Maroc, has launched a renewable energy subsidiary to take care of its solar projects, Moroccan media said.
On April 17, 2022, the Programme for Granting Subsidies to Farmers held its 4th session of the steering committee under the leadership of the Minister of Agriculture and Rural Development , Gabriel Mbairobé.
Moroccan Minister of Energy Leila Benali shared the new data with MPs at the House of Councillors on May 2, stressing the country’s efforts to accelerate investments in gas infrastructure.