Africa Country Insight: Egypt
Egypt has proven to have one of the most resilient emerging market economies on the globe in the face of the crisis sparked by Covid-19, but the economy is struggling to gain traction this year. Meanwhile, signs of a third wave of Covid-19 infections are emerging, which, coinciding with the holy month of Ramadan, could necessitate a tightening in restrictions in coming weeks.
What you will learn about:
- Cairo is by far Africa’s largest city consumer market, with an estimated 5% of total household spending on the continent taking place in that city in 2020.
- Egyptian consumer spending is expected to soften over the next two years following a remarkable performance last year.
- Political repression contributes to long-term political risk at home and can result in reputational risk for companies investing or operating in the country.
Tags:
Related Services
Post
Most US metros to see slower growth in 2024
Most metros have had steady GDP and job growth in 2023 but will start to see quarterly declines in Q4 or Q1 2024. All of the top 50 metros are forecast to see a slowdown in GDP growth in 2024, driven by lower finance and real estate GDP more than by other sectors.
Find Out More
Post
Why the real yield on private wealth will keep falling globally
Despite the importance of returns on private wealth for long-term investors – be they households, asset managers, or pension funds – the fact that real yields have been on a downward trend across the world for decades seems to have escaped attention.
Find Out More