After seven years of negotiation, the signing of the Tripartite Free Trade Agreement (TFTA) in June 2015 at Sharm El Sheikh is being heralded as a turning point in regional integration, and a significant boost for Egypt’s efforts to increase its exports to the fast-growing markets of sub-Saharan Africa. According to news reports following the...
How will the Tripartite Free Trade Area (TFTA) agreement impact intraregional trade in Africa?
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’s determination to modernise its economy is very impressive. It has conducted robust reforms over the past year, most notably to offset the macroeconomic instabilities that affect the country’s development. The resumption of talks with the IMF is in this respect a particularly encouraging sign. Its resolve to offer a favourable business...
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