Considerable oil and gas revenues have provided the Algerian government with sufficient funds to embark on generous public spending programmes in nearly all sectors, leading to improvements in many of the country’s headline indicators.
Considerable oil and gas revenues have provided the Algerian government with sufficient funds to embark on generous public spending programmes in nearly all sectors, leading to improvements in many of the country’s headline indicators.
What sort of regulatory reforms might incentivise foreign investment in the industrial sector?
After several years of strong growth in demand, the economic slowdown and investment uncertainty associated with the 2011 revolution and its aftermath have dampened steel consumption in Egypt, leaving potential supply above demand. This gap partly explains the government’s decision to impose import tariffs, the rationale being that Egypt should not...
In addition to being one of the largest producers of textiles and garments in Africa, Egypt’s textile sector has seen exports grow in recent years, to the point that it accounts for over a quarter of non-oil exports. The industry is an important generator of employment, and benefits from low labour costs, proximity to developed export markets and a...
Traditionally regarded as one of the largest destinations for foreign direct investment (FDI) in Africa, Egypt ranks alongside markets like South Africa and Nigeria. Indeed, the country is particularly attractive to foreign manufacturers for its export-friendly location, as well as a range of trade agreements it has in place, and its low labour...
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