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. Egypt has the third-largest GDP in the Arab world, after oil-rich Saudi Arabia and the UAE. It is considerably more diversified than many economies in the region, with manufacturing and agriculture key contributors, making up 14.5% and 15.7% of GDP, respectively, according to the Central Bank of Egypt, as well as oil and gas extraction.
The ongoing push for industrial expansion, as highlighted by the government’s overarching Vision 2030 strategy, has witnessed a number of positive developments over the past year, particularly in the textiles, construction materials and food processing segments. Electricity availability and reliability have improved steadily over the past year...
Bolstered by a spate of planned infrastructure projects and strong construction industry expansion, Kenya’s cement sector is expected to record a positive performance in 2015, with excess supply gradually being absorbed by rising domestic and regional consumption. The sector faces a number of challenges, however, and an influx of new players...
Kenya’s rapidly expanding fast-moving consumer goods (FMCG) segment has been a major driver of industrial growth, benefiting from the particularly strong demand for food and beverages (F&B) and personal care products. This has led a number of international firms to enter the market or increase existing investments in recent years, most...
How would you rate Kenya’s manufacturing sector in terms of global and regional competitiveness?
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