Investments & Projects

Prime Minister Mostafa Madbouly today witnessed the signing of a memorandum of understanding (MoU) to establish Egypt’s first wind turbine manufacturing plant and develop a 2,000-megawatt wind power project in the North Gulf of Suez region.

French premium water brand Castalie and Moroccan glass manufacturer SEVAM have signed an industrial partnership to produce reusable glass bottles in Morocco, with local production set to begin in June 2026 and exports to European markets planned for 2027.

Egypt has approved a new Chinese concessional loan to finance the third phase of the Egypt Cairo light rail network serving 10th of Ramadan City.

The General Authority for the Suez Canal Economic Zone (SCZone) signed a contract on Monday with Chinese company Zhejiang Hongda to establish a $20m textile manufacturing and processing project in the Qantara West Industrial Zone.

Mozambique plans to mobilize about $10 million to develop its beekeeping industry with support from the World Bank, according to Agriculture, Environment and Fisheries Minister Roberto Albino.

Zambia Sugar says its US$76 million Twazabuka Project is progressing well and is expected to be completed and commissioned in August 2027.

ZAMBIA Forestry and Forest Industries Corporation (ZAFFICO) will invest US$35 million in a new particle board manufacturing plant in Kalulushi District in Copperbelt Province.

Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, has announced an ambitious five-year strategy to expand oil and gas exploration and production across the country.

President Abdel Fattah El-Sisi affirmed that the sodium carbonate (soda ash) project is considered one of the strategic projects of significant importance to Egypt as he met with Chairman of the China National Chemical Engineering Corporation (CNCEC) Mo Dingge on Sunday.