Africa Economy

The expansion of the Suez Canal, completed in early August 2015, could be a significant step towards solidifying Egypt’s position as a logistics and trade centre, leveraging its location astride major East-West shipping routes. The goal of boosting traffic on the 163-km canal – a key source of government revenue and hard currency – is...

Egypt lies at the heart of the Middle East and North Africa region and remains its most populous country and one of its largest economies. The country is of vital importance to regional and continental allies, with whom trade, investment, and security ties have seen growing relevance in recent years.

One of the potentially positive results of Egypt’s improved economic situation is that it has compelled the government to get creative to meet social and fiscal obligations. Nowhere is this more apparent than in area funds – historically the preserve of financial houses, but recently a key area for the administration.

After several years marked by turbulence and uncertainty, Egypt’s economy received two welcome boosts in 2015. The first was the successful conclusion to the Egypt Economic Development Conference (EEDC) in the first quarter of the year, which drew more than 70 senior executives from global firms, the leaders of major financial institutions...

Located at a crossroads between Africa, Asia and Europe, Egypt remains one of the world’s most strategically important countries, as it has been for millennia. Lying astride trade routes linking West, East, North and South, Egypt has long been at the heart of regional and global commerce. For the past century and a half, the Suez Canal has...

Building on decades of leadership in the Arab world, Egypt is undergoing major governmental transformation in the aftermath of the 2011 revolution. Presidential and parliamentary elections in recent years have served to stabilise the country politically, reforming the constitution and the responsibilities and scope of Egypt’s leading...