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How Two B2B Marketplaces Are Using Tech To Transform Egypt's Restaurant Industry

Egypt’s economic woes seem to have bypassed one particular sector – restaurants. The sector has had a substantial expansion, which is shown in the greater penetration of domestic and foreign brands. With an annualized turnover of $22 billion and a growth rate of 16.8%, the sector is the second-fastest-growing

Yusuf Balogun profile image
by Yusuf Balogun
How Two B2B Marketplaces Are Using Tech To Transform Egypt's Restaurant Industry
Photo by Luisa Brimble / Unsplash

​Egypt’s economic woes seem to have bypassed one particular sector – restaurants. The sector has had a substantial expansion, which is shown in the greater penetration of domestic and foreign brands. With an annualized turnover of $22 billion and a growth rate of 16.8%, the sector is the second-fastest-growing in the nation, behind only information technology and telecommunications.

Despite the overall growth, the majority of them, however, are underutilized, inadequately stocked, and difficult for suppliers to reach. As a result, restaurants frequently purchase items at greater prices from retail stores and choose lower-quality foods to make up for the high food expenditures.

And this is why smaller restaurants find it difficult to compete with their larger counterparts.

Yusuf Balogun profile image
by Yusuf Balogun

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