As the global economy faces a significant downturn, funds in Egypt are looking to bolster the start-up ecosystem to ensure innovative firms are supported.
Egypt
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Egypt’s total of 1173 recorded Covid-19 cases and 78 deaths, as of April 5, places Africa's third-most populous country significantly below the global per capita averages for both counts as the pandemic continues to disrupt the global economy.
Economic update | Egypt: Year in Review 2019
2 Feb 2020
Several positive macro-economic developments gave the Egyptian economy a boost in 2019.
What are the ministry’s priorities with respect to restructuring the public sector, and taking steps to improve efficiency and boost profitability?
Egypt is moving ahead with plans to transform its renewable energy capacity, spearheaded by the development of a major solar power station.
On August 6 Egypt received the sixth and final tranche of a three-year, $12bn loan programme from the IMF, and the country is now set to build on its legacy.