Egypt

Middle Eastern autocrats buoyed by Trump's backing

Egypt's parliament today essentially cleared the way for President Abdel Fattah el-Sisi to rule through 2034. Constitutional changes that "would demolish ... safeguards [Sisi] introduced in 2014" are now on track for approval "within three months," per the NY Times.

Africa's growing middle class

People at a market in Nigeria
People walk a market in Maiduguri, Nigeria. Nigeria is one of the 5 largest consumer markets in Africa. Photo: Aminu Abubakar/AFP/Getty Images

Consumer expenditures in Africa are expected to rise to $2.1 trillion by 2025 and $2.5 trillion by 2030, more than doubling the 2015 level, according to a recent study from the Brookings Institution.

Why it matters: Brookings' Landry Signé notes that African consumer purchases are some of the fastest growing in the world and will be lifted further by a burgeoning middle class.

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