Elsewedy Electric CEO bullish on African markets despite risks

By Sherif Tarek
Posted on Monday, 13 June 2022 15:20

Ahmed El Sewedy, CEO of Egypt's Elsewedy Electric. All rights reserved.

Engineer Ahmed El Sewedy, President and CEO of Egypt's Elsewedy Electric, tells The Africa Report he is a staunch believer in the business potential of many African countries, shedding light on where opportunities are on the continent.

Established in the 1930s, Elsewedy Electric evolved over several decades: From a local trader of electrical products, to a manufacturer of wires, cables, and electrical products. It also provides a wide range of services and solutions in the field of engineering, construction, digital services and infrastructure, among others.

In Africa, the Cairo-headquartered company runs multiple operations as well as 19 facilities in various countries, including Ghana, Nigeria, Tanzania, Algeria, Ethiopia, Zambia, Angola, Burkina Faso, Côte d’Ivoire and Madagascar.