Last year, Egypt shipped a total of $4.7 billion worth of goods towards the rest of Africa, the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed. Compared to the $3.71 billion in 2017, this figure is up 26%.
Algeria, Libya, and Morocco formed the top 3 biggest importers of Egyptian products over the period consuming $979.2 million, $635.9 million and $501.6 million respectively. According to official data, Egyptian imports from the rest of Africa went up as well. They reached $2.2 billion in 2018, making an increase of 18.9% compared to $1.85 billion the previous year.
Egyptian exports to the rest of Africa mainly include natural gas and non-oil products such as ready-made clothing, cotton textiles, medical and petrochemical products, citrus fruits, rice, and dried onions, and more recently cement, steel and ceramics.
André Chadrak
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
JA Africa launches $1.5M digital safety program in four African countries Initiative to ...
Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...
( AGL) - On 21 November, Yiri by AGL (the innovation centre of the Africa Global Logistics - AGL group) and Digital Africa (a subsidiary of Proparco, AFD...
Government approves 13 exploration licenses, including 12 for gold Barrick and nine other companies receive four-year permits across several...
Phase 2 of Congo LNG raises national liquefaction capacity to 3 mtpa New Nguya FLNG unit supports exports while supplying part of domestic...
Off-grid solar emerges as the fastest and most affordable electrification option Productive uses of solar power reshape local economies across the...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...