Egypt turbulence and transition
With respect to India which country will offer greater potential?
Egypt ranks higher than Nigeria in the Ease of Doing Business and Competitive Index.
Egypt is transitioning into an efficiency driven economy
Nigeria ranks very low on the Institutions and Infrastructure parameters in the Global Competitiveness Report
Nigeria has a lower rate of technology adoption
Nigeria controlled its currency by not letting it trade at its market value. Egypt, on the other hand, has left its currency open to market forces.
Therefore, Egypt holds more potential for India.
3. SOCIO-DEMOGRAPHIC
COMPARISON
Egypt
Population:90 million
Life expectancy:71.32
Ethnic Groups: Egyptians
99.6%,other 0.4%
Religion:90% Muslim 10%
Christian
Languages : Arabic, English &
French
Literacy:73.8%
Labor Force:31.96 million
Nigeria
Population= 185 million
Life expectancy=53.05
Ethnic Groups: 250 ethnic groups
Religion:50% Muslims, Christians
40% & indigenous beliefs 10%
Languages : English, Hausa, over
500 indigenous languages
Literacy:59.6%
Labor Force:58.8million
4. POLITICAL SCENARIO
Egypt
Political System:Republic
Constitution: Latest
approved by constitution
committee in Dec 2013
Suffrage:18 years of age
Branches: Executive,
legislative & Judicial
Nigeria
Political System-Federal
Republic
Constitution: Latest
adopted 5 May
1999,effective 29 May
1999
Suffrage:18 years of age
Branches: Executive,
Legislative & Judicial
5. GEOGRAPHIC
Egypt
Area:1,001,450 sq km
Terrain: Vast desert
plateau interrupted by Nile
valley and delta
Climate: Desert; hot, dry
summers with moderate
winters
Nigeria
Area:923,768 sq km
Terrain: southern lowlands
merge into central hills
and plateaus; mountains in
southeast, plains in north
Climate: Varies; equatorial
in south, tropical in centre,
arid in north
7. WITH RESPECT TO INDIA WHICH
COUNTRY WILL OFFER GREATER
POTENTIAL?
Egypt ranks higher than Nigeria in the Ease of Doing
Business and Competitive Index.
Egypt is transitioning into an efficiency driven economy
Nigeria ranks very low on the Institutions and
Infrastructure parameters in the Global Competitiveness
Report
Nigeria has a lower rate of technology adoption
Nigeria controlled its currency by not letting it trade at
its market value. Egypt on the other hand has left its
currency open to market forces.
Therefore, Egypt holds more potential for India.