Egypt’s population is growing at a rate five times faster than is China’s and eight times faster than South Korea’s, state census bureau CAPMAS head Abu Bakr El Gindy said on Tuesday, Al Masry Al Youm reports. This is important, folks: China is just now starting to face up to something of an existential crisis: The country’s population is going to peak by 2030, by which time it will have about 80 mn fewer workers than it did last year. India, meanwhile, will overtake China as the world’s largest country within the next five years and will continue growing after China stalls — and then Africa will leapfrog them both.
More from Enterprise
CIB’s 3Q net income falls 17% y-o-y, 9M core earnings grow 18%
Here are the stories driving the day, both at home…
Africa’s own credit rating agency plans its first rating by March 2027, and our central bank has long backed it
Its early value lies in 22 sovereigns nobody rates, and…
EGX’s newest investors meet their first selloff
Heavy borrowing, margin calls, and looming repayments could make a…