Due to inflation, more Egyptian producers turn to second-hand machinery
After a 2022 year marked by growth in Egypt's agricultural machinery sector, estimated at 25-30%, investment stagnated early this year due to economic push-backs. Ahmed Heiza, general manager of Misr Vision, an Egyptian distributor of agricultural machinery, describes the situation.
To begin with, the devaluation of the Egyptian pound, which lost half of its value against the US
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