Although it has increasingly become an important regional market in itself, Côte d’Ivoire’s geographic position has also made it a preferential destination for fast-moving consumer goods (FMCG) firms to base their regional operations. Attesting to that, several large-scale international operators are pushing through with plans to open new...
Industry has quickly become a critical component of the Ivorian economy. This is due, in large part, to an abundance of highly sought-after natural resources. Despite insufficient levels of investment in previous years, Côte d’Ivoire is slowly trying to reclaim its former position as West Africa’s manufacturing centre. Indeed, the sector’s profile is being raised by the creation of new...
Côte d’Ivoire has seen rapid growth since a decade-long bout of civil unrest ended in 2011, registering an average GDP growth rate of 9.3% in the five years to 2016. By far the biggest economy in the UEMOA and the third largest in ECOWAS, the IMF expects GDP expansion in the West African nation to be sustained, forecasting growth of above 7% through to 2019.
Egypt’s large and growing urban middle class makes it an increasingly attractive market for producers of fast-moving consumer goods (FMCGs), from snacks to cosmetics, to household cleaning supplies. Despite budget constraints stemming from the economic reforms passed in 2017 (see Economy chapter), many companies are taking a longer-term view...
With a renewed focus on growing quality cotton crops (see Agriculture chapter), Egypt’s textiles industry is experiencing a revival. The Ministry of Trade and Industry (MTI) points to textiles as one of the industries helping to shift Egypt’s trade balance in 2017, with exports increasing by around 12% and imports declining by 59%. Tarek Kabil...
Egyptian retail has come a long way since the days of the winding hustle of the Khan El Khalili market and the tentmaker’s souq. In a September 2017 briefing on the current status of Egypt’s economic reform programme, the IMF listed retail as one of the key sectors driving the 4.2% GDP growth rate during FY 2016/17. In a 2015 report, global...
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