Once a premium destination for overseas investors, Turkey’s power sector has recently been struggling with the impact of lower-than-expected growth rates, partial market liberalisation and fixed, long-term natural gas contracts. Power generation firms face further stress as the economic impact of the pandemic bites. Efforts to arrange a new debt restructuring deal have been delayed by the virus and wider economic woes, casting uncertainty over future demand. However, the sector retains some high-grade assets, however, which may attract future investor interest.
Egypt’s rapidly growing youth population offers significant opportunities for economic development over the long term. However, a persistent skills shortage and misalignment of education and job market needs may prevent the country from successfully taking advantage of this potential demographic dividend. A failure to achieve the human capital and education plans outlined under Egypt Vision 2030 will jeopardise economic diversification plans and leave the country vulnerable to social and political instability.