Africa

African markets remain one of the most promising for the supply of timber industry products. However, in order for business to be successful here, it is necessary to understand the socio-cultural characteristics of the region.

Agriculture plays a significant role in the Tunisian economy, forming 9.8% of GDP and providing 14.0% of total employment.

Over the past 13 years, Tunisia has demonstrated relatively low growth rates for developing countries, which is caused by a series of socio-economic shocks.

Agriculture in Cameroon is a key sector of the economy, employing 42.2% of the population and accounting for about 17.0% of GDP. The country's agriculture has been actively developing in recent decades, but a number of factors prevent a significant increase in productivity

In 2018-2022, the production of vegetable oils in Egypt gradually increased: in 2022, 858.0 thousand tons of vegetable oils were produced in the country, which is 13.9% higher than in 2021. Most of the production of vegetable oils in Egypt in 2022 fell on soybean oil — 95.6% (820.0 thousand tons).

Cameroon's economy is the largest among the States of the Economic and Monetary Community of Central African Countries (CEMAC). Cameroon accounts for more than half of the population of CEMAC and about 40% of the total GDP of the community countries.

Alexandria, Egypt, holds significant historical and, cultural importance. Founded by Alexander the Great in 331 BC, Alexandria became a major center of Hellenistic civilization and one of the most prominent cities in the ancient world.

Sidi Ifni is a small town built in the 1930s. In the middle of the 20th century, it was the capital of the Spanish colonies in northwest Africa. Morocco regained it only in 1969

In 2023, Russia increased the volume of exports of agricultural products to Algeria by 20%. Over the past 5 years, the indicator has increased almost 5 times.

Vladimir Putin and Egyptian President Abdel Fattah al-Sisi launched the construction of the fourth power unit of the country's first nuclear power plant via videoconference.