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Egypt risks hitting tipping point as authoritarian impulses trump reforms


Issue 436 - 15 Apr 2021 - By John Hamilton

What’s not to like for investors in President Abdel Fattah El Sisi’s Egypt? The government’s International Monetary Fund-supported reform programme has greatly improved macroeconomic conditions; Egypt was a rare economy that reported some growth in Covid-plagued 2020, despite a huge downturn in tourism and other key revenue-earners. Its commitment to accelerating infrastructure development has sucked funds into global-scale solar and wind power programmes.

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Egypt Power Report 2021

Egypt Power Report 2021

Industry

Egypt’s power sector is evolving with extraordinary rapidity and focus has switched...