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Egypt first investment-magnet country in Africa - African bank

Thu, Oct. 3, 2019
CAIRO - 3 October 2019: The Rand Merchant Bank ranked Egypt as the first investment-magnet country in Africa for the third year in a row to be followed by Morocco and South Africa.

A report by the bank on Thursday attributed Egypt's ranking to the improvement in the business environment in the country.

The bank based its assessment on six sectors; financing, mining, information technology, industry, construction and retail trade.
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