With a population in excess of 100 million citizens, Egypt has a working age population of around 60 million — and a poverty rate that clocks in at nearly 28%, according to official figures. While unemployment has been stubbornly high, early sprouts of economic recovery after the November 2016 float of the Egyptian pound have seen […]
Nairobi Securities Exchange will withstand political shock and emerge stronger, NSE chief executive Geoffrey Odundo has said. He noted that the ongoing political standoff had impacted negatively on the performance of Kenya’s stock market but reiterated Kenya’s stock market resilience and its ability to recover much faster from such shocks. “We’re hopeful that our own […]
Geoffrey Odundo, CEO of the Nairobi Securities Exchange and Oscar Onyema, CEO of the Nigeria Stock Exchange Discuss Measures to Enhance Liquidity Chairmen of stock exchanges in Nigeria, Pakistan and Kenya joined EFG Hermes Frontier CEO, Ali Khalpey for a panel discussion on the second day of the London Conference The panel noted the importance […]
EFG Hermes Annual London Conference: EGX Chairman sets out stall for attracting investment to Egypt Mohamed Farid plans to attract global investment by showcasing the nation’s distinct opportunities The Chairman of the Egyptian Exchange sets out measures to improve the size, liquidity and diversification of the market Farid has overseen a threefold increase in trading […]