Industry Dynamics

Nigeria, the largest oil producer in Africa, is implementing an ambitious plan to double its oil production by 2025 with the goal of increasing oil production by 4 million bpd in six years.

Frozen foods are easy to preserve and are widely used in the production, transportation and storage of perishable foods such as meat, poultry, milk, eggs, vegetables and fruits. Frozen foods play an important role in developed countries and develop rapidly in developing countries.

According to global data, the South African savory snacks sector is expected to grow from $1.13 billion in 2017 to $1.35 billion in 2022, with an annual growth rate of 7.1%.

Egyptian Minister of Military Production Mohamed el Assar and Minister of Trade and Industry Amr Nassar attended on Saturday morning the signing ceremony of a partnership agreement with China on joint manufacturing of electric vehicles in Egypt.

From luxury wildlife camps to island resorts to conference hotels, the African hospitality industry is booming.

Industry 4.0 has arrived and will trigger an unprecedented wave of innovation in the Middle East and Africa (MEA).

Mobile money provides non-bank accounts with some financial services through mobile digital platforms, including: mobile remittances, mobile payments and mobile banking.

The World Bank approved the Regional Off-grid Electrification Project (ROGEP) on April 17, including a $150 million International Development Association (IDA) credit and a $74.7 million renewable energy and clean technology fund.

It is reported that South Africa will spend billions of rand to maintain the energy needs of large projects in Africa.