PepsiCo Egypt seeks to boost small-holder potato production in partnership with USAID
EGYPT – Chipsy for Food Industries, subsidiary of PepsiCo Egypt company has renewed its partnership…
Egypt
Italian food retailer Sopria Holding seeks to enter Egyptian market
EGYPT – Italian food retailer Sopria Holding is seeking to enter the Egyptian market, making…
Egyptian cheese maker Domty, FrieslandCampina partner to explore Africa’s cheese market
EGYPT – The Arabian Food Industries Company, popularly known as Domty has signed a Memorandum…
Egyptian hydroponic farming company Hydo Farms acquires funding to expand market
EGYPT – Egyptian based hydroponic farming company, Hydro Farms, has secured funding from a group…
Egyptian food ordering platfrom Ordera secures funding for expansion
EGYPT – Egypt based food ordering platform, Ordera has secured a six-figure USA dollar investment…
Egypt to establish commodity exchange management company to streamline trade
EGYPT – Egypt is set to establish a commodity exchange management company, which will organize…
Egyptian B2B e-commerce startup Fatura secures investment in seed funding round
EGYPT – Egypt based B2B e-commerce platform Fatura, which connects FMCG wholesalers to retailers, has…
Kraft Heinz to invest US$57.6m in Egypt in the next 5 years to expand market share
EGYPT – Kraft Heinz, multinational food company headquartered in the United States is seeking to…
Egypt bans sugar imports for three months on the back of declined prices
EGYPT – The government of Egypt through the Ministry of Trade and Industry has issued…
Egypt increases agriculture sector 2020/21 budget allocation by 2% to US$2.1bn
EGYPT – The Egyptian government has increased the budget allocation for the agriculture and irrigation…
Egypt extends export ban of specified leguminous crops in bid to secure local demand
EGYPYT – The Egyptian government has extended the suspension of exporting beans and lentils for three…
PepsiCo Egypt plans US$100m investment in 2020 to spur growth
EGYPT – PepsiCo Egypt, a subsidiary of multinational food and beverage firm, PepsiCo has slated…
AfDB approves emergency relief aid to tackle food insecurity caused by COVID-19 in Egypt
EGYPT – African Development Bank (AfDB) has approved a US$500,000 emergency assistance grant to Egypt to…
ITFC finances Egypt’s wheat, sugar imports with US$100m facility
EGYPT – The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank…
Financial Regulatory Authority of Egypt approves Cairo 3A mandatory offer to acquire ESGC
EGYPT – The Egyptian Financial Regulatory Authority (FRA) has agreed to publish the mandatory tender…
Egyptian agricultural exports enter 4 new markets despite the global pandemic
EGYPT – Egypt’s agricultural exports have entered into 4 new markets despite the on-going global…
Egyptian food-tech startup raises funding to stay afloat during the COVID-19 pandemic
EGYPT – Egyptian food-tech startup, Mumm has closed a pre-Series A bridge funding round from…
Egypt buys less wheat than anticipated at tender to boost reserves
EGYPT – Egypt, the world’s largest wheat buyer, bought a smaller quantity of wheat than…
Cairo Poultry approves sale of its stake in Egyptian Starch and Glucose Company to Cairo 3A
EGYPT – The board of directors of Cairo Poultry Company, subsidiary of the Americana group,…
Egypt’s agricultural exports bounce back amidst the global economic constrains
EGYPT – Egypt has exported 68,000 tons of onion since September 2019, with exports of…
Coronavirus pandemic: Egypt exempts three legume crops from exports ban
EGYPT – Egypt has exempted green beans, peas and peanuts from the decree banning legumes…
Egyptian food and grocery delivery startup Breadfast raises funds
EGYPT – Cairo-based fresh bread and groceries delivery startup Breadfast has raised a seven-figure bridge…
Egypt reintroduces government pre-shipment inspections for grain imports
EGYPT – Egypt has reintroduced mandatory plant quarantine pre-shipment inspections for grain imports according to…
Egypt’s first commodity exchange platform to kick start operations in January 2021
EGYPT – Egypt plans to start operating its first commodities exchange by January 2021 which…