A company in Egypt is studying importing live and chilled meat from Somalia and Chad

Published 2023년 6월 12일

Tridge summary

The Egyptian Sudanese Company for Development and Multiple Investments is planning to expand its meat imports from Africa by considering contracts with Somalia and Chad for live and chilled meat, following successful imports from Sudan, Djibouti, and Uganda. The company, established in April 2021 with a capital of 500 million pounds, has already signed a contract to import 700 tons of beef and lamb from Uganda for Eid al-Adha and is expecting deliveries of 12,000 head of cattle from Djibouti and Sudan in the future.

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Original content

The Egyptian Sudanese Company for Development and Multiple Investments is considering importing live and chilled meat from Somalia and Chad during the next few years, after the success of importing livestock and meat, whether live or chilled, from Sudan, Djibouti and Uganda. It is noteworthy that the Egyptian Sudanese Company for Development and Multiple Investments was established in April 2021 with a capital of 500 million pounds, with an Egyptian contribution of 60% (the Holding Company for Food Industries contributes to the capital by 25%, the National Service Projects Authority 25%, and the South Valley Development Company affiliated to the Ministry of Public Business Sector). 10%) and 40% for the Sudanese Ettijahat Company. Brigadier General Haitham El-Bahnasawy, the company's advisor, revealed - in exclusive statements to Al-Mal - that the Egyptian-Sudanese company is currently studying a number of offers submitted by Somali live meat supply companies, with the aim of ...

Source: Almalnews