Four Egyptian companies achieved major growth in the last year -PwC

Four Egyptian companies have achieved “major” growth milestones last year, according to a PwC report (pdf) looking at LSE Group’s Companies to Inspire Africa report one year after its publication in January 2019. Solar energy company KarmSolar and agriculture company Cairo 3A Poultry, who signed a USD 90 mn contract with one another, were both flagged as having achieved notable expansions. E-payments firm Fawry also earned a spot on the list for its IPO last year, while Carbon Holdings was mentioned among the companies that entered into a JV or alliance. The PwC report says that 85 of the 360 companies profiled in last year’s LSE Group report have seen major growth.