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Tuesday, 18 April 2017

Misr Cafe, Green Fields looking to boost exports this year

Misr Cafe exported products worth USD 20 mn last year, including USD 1.5 mn exported to African markets, Misr Cafe chairman Mounir Massoud told Al Borsa. Massoud said that the company is looking to increase its exports to Africa by 25%, and is planning to participate in a number of food expos, including Food Africa at the end of this month. Green Fields is also targeting a 30% year-on-year increase in its exports from EGP 52 mn last year, the company’s assistant export manager Mohamed Khedr said, Al Borsa reports. Egyptian food companies have been pushing to maximize their exports to Africa with a report from the Food Export Council saying that Egypt’s food exports to Kenya have increased 53%, Al Ahram reports.

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