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Monday, 8 February 2021

Also on our radar on 8 February 2021

Edita has added an EGP 106 mn assembly line for its wafer products, the EGX-listed snackfood maker said in a regulatory filing (pdf). The new line can produce up to 6.4k tonnes of product a year, and will be used to produce Freska Block, Edita’s latest addition to its wafer segment.

Other things we’re keeping an eye on this morning:

  • Credit Agricole Egypt has launched (pdf) an eco-friendly range of bank cards made of bioplastic.
  • Governorate-level strategies to develop SMEs and encourage informal businesses to go legit are on the radar of the House SMEs Committee.
  • The General Authority for Freezones and Investment will develop bilateral investment and trade with Kazakhstan under an MoU signed with state company Kazakh Invest.

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