The Black Informant | African American Commentary, News and Community Building

Egypt’s economy is growing at its fastest pace in years, exports are surging and the bourse is booming, but there is little sign yet of an economic revival in the poor suburbs and crowded slums of the capital.

…Even if the government starts cutting its borrowing requirement and entrepreneurs start unlocking more financing, Genena said the skills of the Egyptian workforce have not been keeping pace with the demands of globally competitive industry.

“There is some sort of skills mismatch,” he said, blaming shortcomings in the education system. (more…)

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Sounds too familiar!