Hero Foods looking to increase exports 20% in 2018

Hero Foods is looking to increase its exports 20% this year to EGP 420 mn, up from EGP 350 mn last year, Al Borsa reports. The company plans to tap into new export markets, including Nigeria, Côte d’Ivoire, and Libya throughout the year, export manager Wessam Samir says. Hero is also planning to add a new production line to begin manufacturing peanut butter.