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
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...
Mobile phones have become essential tools for work, education, payments and staying connected across...
Africa produces what it doesn’t consume, and consumes what it doesn’t produce. That stark line captu...
$23.7 million operation runs through May 29 Data aims to improve planning amid weak human capital indicators Cameroon launched its fourth general...
Congo names new cabinet with vice prime minister, 37 ministers Key reshuffle follows April elections and government resignation New team targets...
Fuel imports cost African economies 2-6% of GDP EV adoption could cut fuel use 30-40% by 2030s Infrastructure gaps and high costs slow electric...
ICAO audit cites reforms after 2023 below-standard rating New 20-year aviation master plan targets infrastructure, regulation improvements Nigeria’s...
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and...