Chips and solar panels made in Egypt?

In our last issue before most of us take the whole of next week off — EnterpriseAM Egypt included — we’ve got news more port investment news than you can shake a stick at, the World Bank’s first growth forecast for Egypt in the fiscal year ending 2026, a rundown of everything you need to know about the EGX’s new shariah-compliant index, and much more. So one last time before the Eid El Adha break, let’s jump right into it.

WATCH THIS SPACE-

Egypt to become an electronic chip and solar cell manufacturing hub? The Madbouly government will launch a tender to select an international consultant who will be tasked with developing a strategy to localize the manufacturing of chips and PV cells, according to a cabinet statement. While the statement didn’t give a date of when we can expect the consultant to be selected, the cabinet received the greenlight to begin the procedures to launch the tender.

Read more: Earlier this week, we published a Going Green diving into why Egypt should double down on manufacturing solar panels.