Via The Economist, a report on Egypt’s economy: There was never much chance of social distancing in Cairo, a city more populous than most countries. Buses fill to overflowing, passengers dangling out of open doors. Millions live in informal settlements with streets barely wide enough for a sedan. And indeed, unlike many other Arab countries, […]
Read more »Courtesy of The Financial Times, a report on Egypt’s efforts to seek investors for military-run companies: Egypt wants to attract investors into backing companies owned by the country’s army to address private sector complaints that they are being crowded out of lucrative sectors by the military. The Sovereign Fund of Egypt is assessing 10 companies […]
Read more »Via How We Made It In Africa, an article on the top ten (10) countries for African investment: The latest edition of Rand Merchant Bank’s Where to Invest in Africa report assesses each African economy’s investment potential, by overlaying macroeconomic fundamentals with the practicalities of doing business on the continent. “After nine years of publishing, we never […]
Read more »Courtesy of The Financial Times, a report on Egypt’s economy: Three years ago, Egypt’s economy was teetering on the abyss, as entrepreneurs scoured the black market for dollars and foreign investors shunned the country. Now it is being hailed as one of the region’s fastest-growing economies, favoured by international bond investors seeking high yields in […]
Read more »Via Al Monitor, an article on the Egyptian military’s growing commercial interests in the tourism sector: Having conquered numerous industrial sectors of the Egyptian economy, the Egyptian Armed Forces increasingly has its sights set on Egypt’s all-important tourism industry. President Abdel Fattah al-Sisi, by decree, recently transferred control of chunks of Red Sea real estate — including entire islands […]
Read more »Via CNBC Africa, a report on frontier markets: Egypt, Kenya and Romania come out as most attractive Frontier Markets (FM), while Kazakhstan, Vietnam and Morocco come out least attractive. Here is what the model says about the top 3: ? Egypt leads the pack thanks to a host of supportive signals, including valuations (PE and […]
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