35% of Egypt’s furniture exports can go to Nigeria

Nigeria can potentially take in 35% of Egypt’s furniture exports to African countries, said First for Office Furniture company chairman Mahmoud El Shaarawy, according to Al Borsa. This comes after Nigeria lifted a 2005 ban on furniture imports into the country. Egypt’s furniture exports increased by 6% y-o-y in 2016 to USD 369 mn, only 2% of which go to Africa.