Egypt: Demographic dividend or ticking time bomb?

Egypt: Demographic dividend or ticking time bomb?

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.

Egypt: Sisi’s power surplus

Egypt: Sisi’s power surplus

When Abdel Fattah El Sisi seized power in July 2013 Egypt was beset by chronic electricity shortages. Six years on, and total electricity generating capacity is nearly double the peak load. Much of the credit for this rests with the electricity minister, Mohammed Shaker, who was appointed in March 2014 before Sisi’s election as president, and with Sherif Ismail, who took over the petroleum ministry in July 2013 and set in place policies that stimulated a revival in the natural gas sector. However, the political dividends have accrued to Sisi, who can point to the turnaround in the energy sector as a notable achievement of his presidency – and as a justification for its extension.