25 July, 2019
Article length: 651 words
Egypt: Successes hide risks for Egypt’s authoritarians
Egypt is a country full of ambiguities for investors and risk analysts, let alone for a population living under the economic restructuring and authoritarian rule of President Abdel Fattah El-Sisi. “The Egyptian power sector is viewed as an attractive destination for investment due to a relatively stable government, economy and policy direction,” observes the new Egypt Power Report from the African Energy consultancy. In the upstream, the huge Zohr offshore gas find has revived optimism about an industry that was mired in debt and problems with investors.