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Egypt
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Abu Qir Fertilizers to invest US$1.2b in setting up a new ammonia plant
EGYPT – The board of directors of Abu Qir Fertilizers and Chemicals Industries Company (ABUK) has given a go-ahead for the establishment of its subsidiary…
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Egypt secures US$ 66M from EU, AFD as grain storage expansion aid
EGYPT – Egypt has received 60 million euros ($66 million) from the European Union and French Development Agency to help in expanding its silo grain…
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Egypt expands its wheat storage capacity by 200% in a move to boost local production
EGYPT – In a bid to support local production, the Egyptian government has increased its wheat storage capacity to 3.6 million tons in 2023, compared…
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Egypt’s poultry feed shortage drives corn import bill to US$1.5bn monthly
EGYPT – Egypt’s corn import bill has increased to US$1.5bn monthly in 2023, compared to US$700m monthly in the past two years owing to the…
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ABE receives close to 300,000 tonnes of locally produced wheat as Egypt makes effort toward self-sufficiency
EGYPT – The Agricultural Bank of Egypt (ABE) has announced that it has received the first batch of locally produced wheat in 2023, amounting to…