[South African Ports Authority plans to invest$570 million in port infrastructure]South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao
The Egypt International Oil and Gas Exhibition opened in Cairo, with the Chinese supply chain national exhibition group making a concentrated appearance. The procurement session before the exhibition facilitated multiple cooperation intentions between Chinese and Egyptian enterprises, helping China's energy equipment expand into the North African market.Editor/Gao Xue
The Egypt International Oil and Gas Exhibition opened in Cairo, with the Chinese supply chain national exhibition group making a concentrated appearance. The procurement session before the exhibition facilitated multiple cooperation intentions between Chinese and Egyptian enterprises, helping China's energy equipment expand into the North African market.Editor/Gao Xue