imported 2024-03-17 17:43:07
“I think that mid-income and low-income housing is probably the safest bet right now; luxury homes have been in limbo over the past few years,” reveals Khaled Nasser, Regional Director of RE/MAX Egypt – the leading real estate agency in Egypt.
Ibrahim Diawara, President and CEO of Cipharm, gives an overview of the company’s future plans of launching a third unit to produce injectable medicines and doubling its turnover by 2020. Mr Diawara also talks about investment opportunities within Cipharm, saying that the company is open to offers from investors.
“Unfortunately, the perception of the revolution and of Egypt in the west does not reflect what we see on the ground. It is very important that companies and international investors come to Egypt and investigate for themselves,” noted Mostafa Al Hassan, chairman of a private security company (Global Consolidated Contractors).
“Egypt’s trade agreements with the Arab World, Europe and Asian Pacific are a tool yet to be optimized by foreign investors whom will tap into the potential and wealth that this nation encompasses,” noted Hisham Fahmy, Executive Director of American Chamber of Commerce in Egypt.
Nicolas Djibo, President of the Chamber of Commerce and Industry of Côte d’Ivoire, talks about the advantages of investing in the country, due to its huge potential in raw materials and its strategic position as an entry point to the WEAMU market, as well as the ECOWAS.
Jean-Louis Billon, Minister of Commerce, Craft and SME Promotion of Côte d’Ivoire
Jean-Louis Billon talks about the outcome from the start of the new government until now and explains what the Ministry is doing to increase and attract new investments in Côte d’Ivoire. The Minister also discusses challenges to be faced and shares his long-term vision for the country.
Foreign direct investment in Egypt averaged $2,234.19 million from 2002 until 2014, reaching an all-time high of $5,572.50 million in the fourth quarter of 2007 and a record low of $40.70 million in the second quarter of 2002.
Naji Boutros, Founder of Edge Capital, raised money from a group of investors who wanted to focus on this part of the world. They invested in emerging and frontier markets and in businesses focused on Turkey, where they had a very successful investment history.
About 60% of LAP’s portfolio lies in Africa. “Being a future generation fund means that we invest for the long term; when we enter a region we remain there for a long time. We add value to the society in the areas that we enter,” explains Ahmed A. Kashadah, the fund’s managing director.
Hervé Boyer, Country Manager of Standard Bank Côte d’Ivoire
Hervé Boyer gives his evaluation of the banking sector in Côte d’Ivoire and presents Standard Bank, mentioning the group’s strategy in the country and in Africa as a whole. The Abidjan representation office was opened in January 2014 and acts as the hub for the region, covering the eight countries that form WAEMU.
