COMMODITIES-

Egypt to launch network of “green food centers”: The Madbouly government will establish 17 logistics hubs for the wholesale of fruit and vegetables — which the government has dubbed “ green food centers ” — in concert with the private sector. The centers will provide refrigeration, packing, and sorting facilities and be aimed at both export and the local market, the Supply Ministry said in a statement yesterday. Private-sector firms will be involved in the design, building, and opertations of the new hubs, according to the statement.

What’s so green about them? The centers developed in partnership with the French Development Agency will minimize food waste by implementing a more contained and sustainable supply chain. The centers will also recycle food waste using renewable energy.

The first center will be built in Ismailia, and require investments estimated at around EGP 3-4 bn, according to what the Supply Ministry and its vice minister, Ibrahim Ashmawy, said yesterday (watch, runtime: 5:52). The first phases of the project will kick off in 2024 and is expected to be completed within two years, Ashmawy added.

ENERGY-

Honeywell could produce sustainable aviation fuel in Egypt: US conglomerate Honeywell is considering building a sustainable aviation fuel production facility in Alexandria under a public-private partnership (PPP) with state-run Egyptian Petrochemicals Holding Company and local private companies, according to an Oil Ministry statement on Friday. The ministry expects the facility to produce 120k tonnes of the fuel per year using edible oils as a feedstock. Feasibility studies are being carried out for the proposed facility.

FYI- If you don’t know your blue hydrogen from your green hydrogen or your biodiesel from your sustainable aviation fuel, you can check out our explainer on green fuels.

Tags: