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Saudi Arabia’s long game in Egypt

Multiple billion-dollar deals signed recently between Egypt and Saudi Arabia are part of a push by the latter to invest in long-term developmental projects in the North African country. In early April Egypt and Saudi Arabia inked a deal to establish a SR60bn ($16bn) investment fund, part of a broader series of agreements between the […]

Ghana moves to strengthen insurance industry

Market reforms to reduce fragmentation and improve solvency, alongside the gradual expansion of bancassurance, should improve the medium- and long-term prospects of Ghana’s insurance industry. The coming months will likely see mergers across the sector, after the National Insurance Commission (NIC) raised capital requirements for insurers late last year. Early February brought signs that the […]

Ghana steps up to secure electricity supply

The start of new gas production in Ghana has significantly improved the prospects for long-term growth in the country, although efforts to exploit domestic reserves for local power generation faced a minor setback earlier this year. While Ghana’s hydrocarbons sector has seen relatively stable output over the first few months of 2016, a two-week period […]

Egypt’s real estate sector remains buoyant

Egypt’s residential real estate market has recorded impressive results thanks to persistently high demand. Investment is being fuelled by Egypt’s fast-growing population of around 90m – which increases by approximately 2.2% each year, according to the World Bank – as well as interest from abroad, as Egyptian expatriates look to capitalise on the weaker Egyptian […]

Kenya pushing R&D in higher education

A sharper focus on science and mathematics in universities – including research and development activities – is necessary if Kenya is to improve rates of graduate employment. Expanding sciences, technology, engineering and mathematics (STEM) initiatives and promoting research and development (R&D) collaboration between the academic and business communities, in particular, could narrow the skills gap […]