Thursday 14 Nov
Mahmoud Kamal, CEO of City Pharm, said that the company is currently expanding in the field of exporting and supplying food and agricultural products in Cairo, Africa, specifically in the South African and Senegal markets.
To solidify its presence in South
Africa, City Farm has established a subsidiary dedicated to import and export
activities. This strategic move will enable the company to efficiently supply a
diverse range of Egyptian agricultural commodities and frozen products to the
South African market.
City Farm has a strong track
record of exporting to the United States, with a significant presence in key
states like New York, New Jersey, Florida, Chicago, Texas, and Michigan. The
company supplies a wide range of products, including mallow, okra, taro, green
beans, spinach, falafel, grape leaves, and various packaged juices and legumes.
Recognizing the immense potential
of African markets, City Farm is committed to further expansion. The company is
actively exploring opportunities in other African countries, conducting
thorough feasibility studies to ensure sustainable growth. Beyond Africa, City
Farm has its sights set on European and Gulf markets. The company leverages the
high quality of Egyptian produce to attract international buyers.
To further diversify its export
portfolio, City Farm is open to adding new products to its offerings. This
includes items like pickles, dried fruits, snacks, tahini, hummus, spices, and
hot beverages.
The company's expansion strategy
aligns with Egypt's broader economic development plan, which prioritizes
agricultural exports. By increasing exports, Egypt can generate valuable
foreign currency and create new job opportunities.
Egypt's agricultural exports have witnessed substantial growth, surpassing 6.4 million tons during the first nine months of the year. Key export commodities include citrus fruits, potatoes, onions, grapes, beans, mango, tomatoes, garlic, strawberries, guava, and pomegranate.
