Egypt

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Which factors contributed to the growth of private equity in Africa before the pandemic?

While the coronavirus pandemic has had a negative impact on Egypt’s insurance sector, the continued rollout of universal health coverage, alongside targeted expansion in particular segments, could provide potential for future growth.

 

Prior to the onset of the global Covid-19 pandemic an ambitious programme of economic reform had succeeded in accelerating Egypt’s growth and reducing its fiscal deficit. The creation of a more business-friendly environment and the streamlining of the country’s bureaucracy has seen Egypt rise steadily in global rankings. This progress has,...

 

Egypt is working to establish itself as a leading destination for foreign direct investment (FDI). These efforts were spearheaded by the promulgation of a new investment law in 2017, which sought to significantly improve the legal framework for investors. While the impact of the legislation appeared to be muted, FDI inflows rebounded in both...

 

The onset of a Covid-19-induced global recession has affected both labour markets and financial flows around the world. At the confluence of these two are remittances, which have increasingly been among the top contributors to GDP in many emerging markets over recent decades. In April 2020 the World Bank predicted that remittances to low- and...

 

To what extent will the global outbreak of Covid-19 affect Egypt’s economic progress?

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