Egypt Oil & Gas
One of North Africa's leading countries, Egypt has extensive natural resources; a young and increasingly educated workforce; relative stability in terms of governance and more economic growth prospects than in the past decade.
Growth declined from 3.6% in 2019/20 to 2.3% in 2020/21, driven by a Covid-19 recession, but growth is projected to reach 6% by 2026. Unemployment continues declining (7.2% against 9.6% in Q1).
Egypt presents Africa's largest market in terms of GDP and consumers; foreign currency availability and exchange rate stability and FDI.
Table of Contents
- Facts & Figures
- Initiatives and achievements
- Foreign Direct Investment (FDI)
- Business climate
- Risk and reward
- Post Covid-19 and market opportunities