Egypt's exports of chemicals, fertilizers to Africa worth $1.2B in 2020

CAIRO – 21 September 2021: Egypt’s exports of chemical industries and fertilizers sector to the African market amounted to about $1.2 billion 2020, accounting for 23 percent of the continent's total global exports of chemical industries.

This statement was made by the Executive Director of the Export Council for Chemical Industries and Fertilizers, Manar Nasr, during a seminar on the Mansa platform, which was organized in cooperation with the Central Bank, the African Import and Export Bank and the Export Council for Chemical Industries and Fertilizers under the title (The Duty Verification Platform for Customers in Africa to educate companies exporting to Africa on how to benefit from the Mansa platform in promoting their products and reaching their African buying partners to promote trade between Egypt and Africa).

She added that the African market is one of the main destinations for Egyptian exports of chemical industries, and the council has developed an implementation plan to overcome the challenges facing increasing exports, strengthening trade relations and providing information on Africa and the products traded in the market.

Nasr explained that the platform aims to provide detailed data, to know customers in Africa through due diligence, and to provide information, data on trade and the investment climate in Africa, as well as self-qualification of participants, and auditing information related to them, while providing a single window for access to the bodies responsible for investment in the African continent.

She pointed out that the problem of lack of information faces many investors wishing to enter the African market, so a regulatory portal has been established with regard to laws and legislation.