Archive for the ‘Egypt’ category
For millions of unemployed yet tech-savvy youth across Africa, increased connectivity is bringing tremendous opportunities.
A look at the beauty market opportunities in North Africa’s Egypt, Algeria, Morocco and Tunisia.
A new report looks at the various investment opportunities for those seeking returns from Africa’s growth story.
The one area where technology can have the greatest impact in Africa is in the agricultural industry, the largest economic sector in most countries on the continent.
Euromonitor recently identified some unique ICT and behavioural trends among consumers in Egypt, Kenya, South Africa and Ghana.
Whilst last year’s political turmoil in North Africa may have been off-putting to potential investors in the region, Egypt’s evolving demographics are appealing.
“We have carefully selected the main frontier markets where we see exponential growth in all areas of economic, political and social activity.”
Mert Yildiz, an economist at Renaissance Capital, argues that Egypt is at a pivotal point and could potentially be the success story of the decade, provided it travels down the right economic/political path.
Pan-African financial services group Imara has indicated to international investors there is no great need to leap into Egyptian equity markets following the ‘Arab Spring’.
Despite the recent political turmoil experienced in North Africa, US-based clothing retailer Gap Inc. last week announced that it will enter the continent by opening stores Egypt and Morocco.
Up to an additional seven African nations are expected to start with the commercial production of genetically modified (GM) crops by 2015.
The Egyptian stock exchange finally reopened on Wednesday this week after having been closed for approximately seven weeks following political upheaval in that country.
In response to the news that Egyptian president Hosni Mubarak has resigned, Zin Bekkali, CEO of emerging markets focused Silk Invest, wrote the following note.
The Arab world has moved into unchartered territory during the past few weeks but the recent events will not derail the economic development of the region.
Though some Middle East and North Africa (MENA) equity markets fell at times by 20% or more following popular unrest in Tunisia and Egypt, there is a relatively low risk of ‘Egyptian contagion’.