The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
Egypt is located on the main trade route between Asia and Europe and has rich natural resources, especially with regard to renewable energy. However, during the decades of state monopoly in the infrastructure sector, the country ...
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The MENA region presents high potential for infrastructure development. According to the World Bank, the region would need to spend at least 8.2% of its GDP per year to tap the infrastructure gap and meet the needs of its growing ...
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Africa’s infrastructure deficit is long-standing and well-known. Although USD 297.2bn were committed to transport and energy infrastructure projects on the continent between 2014 and 2018, only four countries, Egypt, Morocco, ...
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South Africa is proud to have the best transport infrastructure in Sub-Saharan Africa and among the region's most developed electric power networks. Nevertheless, the decades-old model of state-owned conglomerates controlling infrastructure ...
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The year 2020 saw countries going into lockdown as a result of COVID-19. The telecom sector became an anchor for economic activities to continue as learners, workers and all non-essential operations needed to be conducted from home. ...
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The African consumer goods and retail sector has recently been gaining traction in the investor world, albeit at a slow pace. To date, the sector is dominated by informal retailers, with formal retailing accounting for a mere 10%, according to ...
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