Ahmed El Sewedy, President and CEO of Elsewedy Electric, the international electrical solutions company registering a profit of $80m in Q2 2017, has revealed that Egypt is the company’s most lucrative market.
Political leaders and economic decision-makers from across Africa attended the Africa 2017 Forum in Sharm el Sheikh, Egypt, in December. African Business looks at some of the highlights of the event.
The UAE’s ties have traditionally been with North Africa, but a number of factors are now persuading Emirati firms to look south of the Sahara.
In September, Africa’s cotton industry held its annual summit. Mitigating environmental damage, increasing market share and the impact of new technologies were high on the agenda.
Nespresso sources a good deal of its coffee from East African countries. Daniel Weston, the company’s head of communications, outlines its sustainable strategy.
Lenders and investors have welcomed the Egyptian government’s cutting of subsidies, but many ordinary Egyptians are feeling the pinch.
Egypt has devalued its currency and reduced subsidies. Exporters are benefiting, but the country’s citizens have been hit hard by the erosion of their incomes.
Ethiopia is continuing to focus its economic policy on developing new infrastructure by planning infrastructure spending worth $89m.
Tunisia hoping that reforms will help revive the economy.
South Sudan plans two roads that connect the oil producing nation to Ethiopia.