The state of Egypt’s SMEs (there are even more than you thought): Regular Enterprise readers will know we love a good infographic, and this one from our friends at Acumen Consulting offers some interesting information about Egypt’s SME sector from the ITC and FEP Capital. A few noteworthy stats:
- The vast majority (90%) of all enterprises in Egypt are micro businesses and SMEs, employing 75% of the Egyptian workforce;
- Just 7.3/100 people have access to formal training programs and 12.4/100 have bank accounts;
- We have USD 380 mn of unrealized export potential in processed cheese.