AFRICAN & MIDDLE EAST NEWS
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Egypt’s Holding Company rejects Black Caspian’s Alexandria Container Port acquisition
Alexandria Container and Cargo Handling Company operates the ports of Alexandria and El Dekheila, which account for a significant portion of the Alexandria region’s container capacity.
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COCEFAAA warns cocoa prices could surpass $10,000/Tonne as Africa farmers face investment shortfall
African cocoa farmers warn of potential global price spike as investment shifts toward lab-grown cocoa, raising concerns over farm neglect, falling yields, and long-term supply risks.
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Kenya sugar farmers back import levy hike as industry pushes for sector revival
Farmers welcome higher sugar import levy, saying it will protect local producers and revive the industry amid ongoing reforms, despite concerns over potential consumer price increases.
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Uganda avocado stakeholders push for unified strategy, quality standards to boost global exports
This call for strategic direction reflects the sector’s transition from small-scale farming to a competitive global presence.
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Alstom-led consortium signs US$792M deal to modernize Egypt’s freight rail corridors
Modernization is expected to improve safety, increase network capacity, enhance operational reliability, and reduce end-to-end travel time by nearly 80 minutes.