EU Delegation to Egypt’s Post

Manufacturing Indaba isn't just another event - it's a movement to advance Africa’s manufacturing economies, which is critical for the continent's sustainable development and economic transformation. Here, Business leaders, Ministers, Investors, Financiers and Manufacturers converge to explore the endless possibilities of manufacturing growth opportunities. Visit https://lnkd.in/dd_D39f for more information. #MFGIndaba #manufacturing #manufacturingeconomy #economicgrowth #manufacturingdevelopment

⏳The IATF 2025 is scheduled to be hosted in Algeria. Organised by the African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission and the African Continental Free Trade Area (AfCFTA) Secretariat, the IATF provides a unique platform for facilitating #trade and #investment, information exchange in support of increased intra-African trade and investment, especially in the context of implementing the AfCFTA. It is Africa’s largest trade and investment event, attracting thousands of exhibitors, visitors and buyers and generating trade and investment deals running into tens of billions of dollars. 🔸 The African Market By the turn of the century 2100 , five African countries: Nigeria, DRCongo, Ethiopia, Egypt and Tanzania will be amongst the top ten countries by #population as sub-saharan Africa is projected to experience the largest increase in population shifts, with Nigeria being the only African country predicted to be amongst the top 25 Economies by total GDP from 2017-2030-2050 to 2100. 🔸 Leveraging Africa's Population African #economies have traditionally leveraged cheap #labour cost and raw materials in its #manufacturing processes but recent trends have seen leading global #manufacturers relocating their manufacturing facilities from erstwhile low-cost countries bringing them closer to the #consumers as the #smartfactory is creating an #agile and #flexible manufacturing process with #modular systems that can be easily reconfigured. 🔸Can African Economies Compete In Industry 4.0 ? Buyers, sellers, #importers, #exporters, #investors, #manufacturers, captains of industry, senior #government ministers, trade #finance and #advisory specialists, trade and economic organisations, senior executives from #corporates and #multinationals and #innovative #entrepreneurs from across Africa and beyond will be attending #IATF2025 Algiers. The question is can African Economies Compete In Industry 4.0 within the global economic framework? 🔸A Silver Lining: Morocco Becomes Africa’s new Automotive Manufacturing Hub. Morocco currently Africa’s first passenger car manufacturer has surpassed South Africa as the biggest exporter of passenger cars on the continent with more than 60 #freetrade #agreements signed with Europe, the US, Turkey, and The United Arab Emirates. Morocco’s competitiveness and massive efforts in #infrastructure and #automotive industry has propelled her to become an essential #gateway to Africa. Can the #IATF leverage it's platform and wide reach to replicate such success stories as Morocco's within the #Afcta framework bringing together 55 African countries with a combined population of more than 1.2 billion people and a combined gross domestic product (GDP) exceeding US$2.5 trillion, making the continent the largest free trade area created since the formation of the World Trade Organization https://lnkd.in/g-A3_fZM

The #UAE's role in shaping the #future of #internationaltrade was discussed during the Global Trade and Infrastructure Summit (GTIS) at Logimotion. Abdulla M. Alashram Group Executive Officer, 7X, addressed an audience of #industryleaders, #policymakers, and #tradegurus. Alashram discussed how the UAE is facilitating #seamless #traderoutes, boosting #globalconnectivity, and promoting #innovative #tradepolicies. To learn more and visit: https://lnkd.in/gWdjMGTr #logistics #transport #supplychain #importexport #transformation #leadership #infrastructure

NEWS ASIA India-Norway Trade and Investment Relations The bilateral relationship between Norway and India is poised for growth, particularly in renewable energy, maritime technologies, and sustainable development. The 2024 Trade and Economic Partnership Agreement (TEPA) between India and the EFTA (including Norway) eliminates tariffs on most Norwegian exports, boosting trade and creating new opportunities in sectors like health tech and green mobility. Norway's expertise in maritime and clean technologies aligns with India's growing needs, fostering collaboration in shipbuilding, renewable energy, and environmental solutions. The upcoming India-Nordic Summit in 2024 will further strengthen ties in trade, investment, and sustainability. Norway's commitment to leveraging India's skilled workforce, particularly in IT and healthcare, enhances its global competitiveness, while the modernization of the India-Norway Double Taxation Avoidance Agreement (DTAA) aims to facilitate smoother cross-border business operations.

🌎📈“Innovating Together for the Better Future” - 30 representatives of consulates and international chambers gathered in Huangpu on November 26 to discuss business growth and opportunities with the District officials and partners. Peter Helis 贺励平 Meeting Highlights: - 248 new foreign enterprises were established in Huangpu through October 2024 with 60.9% of foreign capital focused on future-tech industries. - Delegates explored Huangpu's investment environment and connected with landmark Huangpu low altitude innovation leaders, e.g. XPENG AEROHT and EHang (NASDAQ: EH) Intelligent Technology. -Thailand's Consul General Panika Pittayavestsoonthon highlighted EHang's collaboration with Thai industries, driving innovation in tourism and agriculture. -Singapore's Consul General Tuck Keat Loh highlighted Huangpu’s signature bilateral project - Sino-Singapore Guangzhou Knowledge City Investment & Development Co., Ltd-Singapore Guangzhou Knowledge City as the hotspot and testbed for future-tech and smart city solutions. - Martin Klose from the German Chamber of Commerce emphasized Huangpu's supportive business environment as well as the role of German green technology expertise in driving sustainable development.    Get in touch with us here https://lnkd.in/eZ8WYxMc to learn more about your business development opportunities in Huangpu – at the heart of the global innovation hotspot, the Greater Bay Area.

As industry professionals, manufacturers, exporters, and the broader business community, we know the crucial role the manufacturing sector has played in Mauritius' remarkable growth story. In our latest July 2024 Newsletter, we delve into how this industry has been instrumental in driving economic diversification and transformation over the past decades. From pioneering innovations to navigating global challenges, the manufacturing industry in Mauritius has consistently proven its resilience and adaptability. This sector has been a driving force behind our nation's prosperity, creating jobs, boosting exports, and positioning us as a competitive player on the global stage. Read the July 2024 Newsletter now and gain valuable perspectives that will inspire your own business strategies : https://lnkd.in/d6t5a96u #edbmauritius #MauritiusManufacturing #IndustryInsights #BusinessGrowth #newsletter

Africa is emerging as a global hub for manufacturing, with the continent’s industrial corridors providing great opportunities for investors. As governments prioritise industrialisation and the creation of sustainable supply chains, Africa’s manufacturing sector is poised to become a driving force in the continent’s economic transformation. Africa’s industrialisation efforts are fuelled by a combination of strategic investments, favourable government policies, and the expansion of the African Continental Free Trade Area (AfCFTA). Ethiopia, South Africa, Morocco, and Nigeria are leading the charge, developing industrial parks, special economic zones (SEZs), and export processing zones (EPZs) to attract foreign direct investment (FDI) and foster local entrepreneurship. Africa’s industrial corridors are supported by significant investments in transportation, logistics, and energy infrastructure. Major projects like the LAPSSET Corridor (Linking Kenya, Ethiopia, and South Sudan), the North-South Corridor (spanning South Africa, Botswana, Zimbabwe, Zambia, and the DRC), and the West African Growth Corridor are critical to connecting manufacturing hubs with regional and global markets. In addition, investments in energy are crucial for supporting the continent’s manufacturing ambitions. Reliable power is key to ensuring that industries can operate efficiently and competitively. Countries like South Africa and Kenya are making strides in renewable energy, reducing energy costs for industries and boosting their global competitiveness. The African Continental Free Trade Area (AfCFTA), the world’s largest free trade area by number of countries, is expected to be a game-changer for Africa’s manufacturing sector. By creating a single market for over 1.3 billion people across 55 countries, the AfCFTA will facilitate intra-African trade, reduce tariffs, and promote regional supply chains. This will allow African manufacturers to scale up production, access new markets, and compete more effectively on the global stage. For investors, this represents an unparalleled opportunity to participate in the continent’s industrial transformation, tapping into its vast markets and resources. The upcoming Manufacturing Indaba will bring together industry leaders, policymakers, and investors to discuss Africa's manufacturing potential. This important event takes place from the 22 – 23 October 2024 in Johannesburg, South Africa. To read the full article click on the link below or visit the WhyAfrica website, your one-stop-shop for on-the-ground information and business intelligence about Africa.   Image: Shout out to Rob Lambert from Unsplash   #whyafrica #whyafricaroadtrips #africa #manufacturing WhyAfrica African Continental Free Trade Area (AfCFTA) Secretariat   https://lnkd.in/dEPh9Bgg

🚀 From the Nile to the Malacca Strait – Building Bridges of Trade and Innovation! 🚀 In a lively roundtable held during Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Egypt has welcomed 60 industry leaders from 47 of Egypt’s top companies. The buzz? Mutual growth and big opportunities! 📈 Twelve leading Egyptian manufacturers showed serious interest in exploring investment opportunities in Malaysia. Meanwhile, 28 high-value industrial companies from sectors like automotive, chemicals, food, renewable energy, and finance joined the table, already importing RM505.2 million in Malaysian goods—and that’s just the beginning!📊 With potential exports of RM4.8 billion on the horizon, Malaysia’s New Industrial Master Plan (NIMP) 2030 has set the stage for an exciting collaboration in high-value innovation sectors. Here’s to building trade ties that are as rich as Egypt’s history and as promising as Malaysia’s industrial future! 🎯 #MalaysiaEgypt #TradeOpportunities #NIMP2030 #GlobalInvestment

This week it’s been great to have the opportunity, together with Sanjiv Singh, to witness the exchange of a new bilaterial collaboration agreement between the Australian Trade and Investment Commission (Austrade) and Invest India, in the presence of Don Farrell and Piyush Goyal.    This MoU will build links between Australia and India’s start-up ecosystems, and tap into two-way investment and innovation opportunities, further facilitating bilateral investment flows. It will energise the Australia-India start-up bridge program, and marks a new milestone in our bilateral relationship, enhancing cooperation across various sectors including technology, agriculture and innovation.    Australia is a top-tier destination for international investment, and Australian investors are increasingly looking to opportunities in India’s economy – on track to be the world’s third largest by 2030.     This is a great example of how Indian and Australian agencies are working together to support businesses from both countries to grow our bilateral trade, investment, and innovation ties – helping drive co-prosperity and jobs growth.    Department of State Development Global Victoria Investment NSW Trade and Investment Queensland Department of Jobs, Tourism, Science and Innovation ACT Government Department of State Growth (Tas) Northern Territory Government Centre for Australia-India Relations Australian Department of Foreign Affairs and Trade Monica Kennedy Tim Thomas    #AIBX #SABX #IndiaAustralia #AIECTA #IndiaAustraliaTrade #IndiaAustraliaRelations #TradeRelations

More & more countries in emerging markets of the ASEAN region, Indian Subcontinent, African Continent & South America prefer vehicles to be locally assembled rather than imported. Sooorya EV’s business model is also focused on assembling vehicles locally in Micro-factories using SKD Kits, rather than exporting CBU’s (Completely Built Units)… “Botswana on Monday unveiled its first batch of locally assembled electric vehicles in Gaborone, the capital of Botswana, with support from two Chinese vehicle manufacturing companies. The unveiling ceremony took place at the showroom of Botswana Institute for Technology Research and Innovation (BITRI), which was established in 2012 as a parastatal under the Ministry of Communications, Knowledge and Technology. BITRI Chief Executive Officer Shedden Masupe said the unveiling ceremony is a culmination of a partnership between the institute and two Chinese companies. According to Masupe, Skywell, one of the Chinese manufacturers, has partnered with BITRI in assembling sport utility vehicles (SUVs) in the southern African country, while the other one, CHTC Kinwin, is assisting Botswana to produce electric buses. After inspecting the vehicles, Botswana's President Mokgweetsi Masisi commended BITRI for choosing the right partners in Chinese companies, saying the initiative will go a long way in supporting and promoting the usage of renewable energy in the automobile industry. "This is one of the examples of our commitment to e-mobility. We want to play a part in this, not just for our economy and environment but also to enhance those aspects of our knowledge economy that optimize our natural endowments," Masisi said.” Read more in this article. https://lnkd.in/gze4r4sb.