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TCC Episode 4:Egypt's $15billion boom all comes from one deal?
Inflation is falling, reserves are at a record high and foreign investment hit $15 billion. On paper, Egypt is Africa’s comeback story. So why are we worried? The Capital Consortium looks at what’s really behind the headline numbers.
In this week’s group chat conversation, we unpack how much of that $15 billion comes from a single $35 billion real estate deal, Ras El Hekma, and what happens once it’s built. We also ask why 90% of Egypt’s graduates plan to leave, and why people still pay out of pocket for healthcare in a country that makes 80% of its own medicine.
Then each of us answers: if…
The skinny
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