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Hanwha Aerospace signs 5.6 trillion won Chunmoo rocket deal with Poland
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South Korean defense firm Hanwha Aerospace has signed a 5.6 trillion won contract with Poland to supply Chunmoo multiple launch rocket systems. The deal, inked in Warsaw on Monday, includes 80-kilometer-range guided missiles known as CGR-080. It builds on prior agreements from 2022 and 2024 as the third phase.
As part of this year's first exports, thousands of guitars from Zheng'an county in Guizhou province are being loaded for shipment to markets including Germany and Brazil. The southwestern county hosts 144 guitar and component firms, with annual output surpassing 2.4 million instruments.
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Bel Group has announced a nearly €150 million investment in its Egyptian operations to boost production and modernize facilities. After more than 28 years in the market, the company aims to solidify Egypt's role as a regional export hub. This move supports healthier food options and sustainable practices.
BakeLand Egypt, a subsidiary of RMC Group, introduced its first locally produced alternative to imported bakery ingredients at Food Africa 2025, coinciding with export expansion to six new countries this year. The launch aligns with plans for a new facility to meet growing demand.
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Sterling Bank has partnered with the Export Development Canada (EDC) to certify graduates of the Non-oil Export Academy. This collaboration aims to enhance skills in non-oil exports. The agreement supports Nigeria's economic diversification efforts.