Infinity to charge BMW EVs in Egypt. PLUS: Africa tariff cuts ratified, onion export ban, another wheat buy, and a West Cairo BRT could be in the making.
Infinity aims to increase its charging stations to 300 by 2024
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Infinity aims to increase its charging stations to 300 by 2024
The fund is contributing to the ITFC’s USD 200 mn loan to fund commodity imports
Fertiglobe will soon be producing and exporting green ammonia from Egypt
Emirati firm National Paints Holding acquired more than 80% of the company from the government earlier this year
Egypt aims to attract 15 mn tourists to the country this year
The initiative is one of many the government has introduced in response to the FX crunch
The loan could go towards one of the port’s three logistics areas
Local wheat procurement reportedly fell 10% this year
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