Back to the complete issue
Wednesday, 3 January 2018

Investors in Africa to watch for elections in Egypt -Bloomberg

Investors should keep an eye on the presidential elections slated for this year, Bloomberg says in its guide for what investors should watch for in 10 key African markets in 2018. The elections will signal if the president will move ahead with the “deep economic reforms that have gone down well with portfolio investors, but left ordinary Egyptians reeling from subsidy cuts and high inflation.” The report says Africa was a “happy hunting ground” last year, “but risks abound, among them policy tightening in advanced economies, local and global politics, weakening currencies and another fall in oil prices. And then there is credit risk.”

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2018 Enterprise Ventures LLC.