http://info.afrindex.com
China-Africa Trade Information Service
The Egyptian Commercial Service Authority and the Omani Ministry of Commerce, Industry, and Investment Promotion have signed a Memorandum of Understanding (MoU) aimed at advancing investment promotion and export growth.
Nigeria’s Dangote Oil Refinery, the largest in Africa, is set to begin full operations in the next 30 days. Located in Lagos, this 650,000-barrel-per-day refinery was built by Nigerian billionaire Aliko Dangote and aims to transform the country’s energy landscape.
Egypt’s agricultural exports reached $10.6 billion in 2024, reflecting a 17 percent growth rate, according to Prime Minister Mostafa Madbouly during a press conference following the weekly government meeting.
The General Authority for the Suez Canal Economic Zone (SCZone) has successfully secured 251 projects across its industrial zones and ports over the past 30 months, attracting a total investment of $6.23 billion and creating approximately 28,000 job opportunities, according to SC...
According to a statement issued by the ministry, the initial 10-year strategic plan aimed to import approximately 148,000 electric automobiles and 48,555 electric buses between 2021 and 2030.
Morocco’s citrus sector is gearing up for a promising season, with an estimated production of 192,300 tons for the 2024-2025 campaign in the Moulouya irrigated area in Berkane province. Despite challenges posed by climate change, such as recurring droughts and water shortages, ...
Egypt's ready-made garment exports witnessed a remarkable growth of 17% during the first ten months of 2024, reaching $2.27 billion compared to $1.94 billion during the same period in 2023, according to Fadel Marzouk, Head of the Ready-Made Garments Export Council.
Specifically, the government plans to reduce the consumer subsidy for petroleum products to just 15 billion CFAF in 2025, a reduction of almost 250 billion CFAF compared to 2024. This would reduce the subsidy by more than 90 per cent.
The drug is locally-made by two manufacturers in partnership with international ones, noting that negotiations to introduce the industry lasted for four years. The aim is exporting to African countries and not just fulfilling demand in the Egyptian market.