Egypt Project Outlook
Thank you for attending our webinar on Egypt Project Outlook. We hope you found the discussion on Egypt’s project market outlook informative. For those of you who were not able to join us, you can watch the recording of the webinar on this page. If you have any questions for the panelists, please send them to us at info@abiq.io and we will try our best to get them answered.
If you would like to be a part of our next webinar or promote your business, please send an email at info@abiq.io and we will get in touch.
Webinar detail
Egypt project market continues to grow over the past few years and leads the African region with over 300 active projects worth $338 billion as per leading project tracking platform ABiQ. With the government keen on developing new infrastructure to meet the needs of a rapidly growing population, Egypt’s project market outlook looks promising. Construction projects in Egypt lead the market followed by Energy and Transport projects.
ABiQ is hosting a webinar to discuss the current project market including top upcoming and ongoing projects in Egypt, top-performing sectors, challenges, and the future of the market.
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- Track projects in Africa, UAE, and Saudi Arabia worth over $4 Trillion
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Sectors we cover
Energy
Oil and Gas
Government
Construction
Manufacturing
Water
Mining
Healthcare
Financial Services
Ongoing infrastructure projects in Egypt: Some insights from the ABiQ platform
Egypt has more than $310 billion worth of “ongoing“ projects. Almost a third of the ongoing projects in Egypt are, at the least, halfway completed or more, according to ABiQ data.
The IFC has invested $15 million in Egypt’s Algebra Ventures’ Fund II
Algebra Ventures is Egypt's leading technology venture capital firm. According to its website, it has invested over $300 million in its portfolio companies
IFC and EF-MSME signs funding agreement
The International Finance Corporation (IFC) and the Egyptian Federation for Medium, Small and Micro Enterprise Finance are partnering to improve access to finance for 41 microfinance institutions in Egypt.
Egypt leads Africa in the number and value of construction projects.
However, Egypt is already the most prominent construction market in Africa. The country is investing billions in housing and infrastructure developments. The value of ongoing and upcoming projects in Egypt exceeds $214 billion
Chinese funding dominated Africa’s project market in 2021
Despite disruptions of the COVID-19 pandemic, Africa started construction on more than $160 billion worth of projects in 2021. The Export-Import Bank of China is funding projects worth more than $15 billion that started construction work in 2021.
