Considered as the fastest growing economy in the Middle East and a resilient country in Africa, Egypt is working to develop major sectors of its economy, expand transportation, improve infrastructure, and rebalance its supply chain, as well as become a hub for business process outsourcing. Strategic plans in progress to boost economic growth pave the way for HR outsourcing opportunities for a more talented workforce.
While expanding to Egypt, your organisation will face various legal, cultural, and employment outsourcing challenges. This is where Africa HR Solutions can be the right partner to facilitate your Egypt HR outsourcing services. We provide Professional Employer Organisation (PEO), Employer of Record, payroll outsourcing, and ancillary support services, to help you grow your company in Egypt, even if you do not have a registered entity in the country.
Population: 98.4 mn
Gross Domestic Product (GDP): $303.2 bn
GDP Growth: 4.8%
Foreign Direct Investment (% of GDP): 2.7%
Unemployment Rate: 11.4 %
Currency: Egyptian Pound
Languages: Modern Standard Arabic
Considered as a middle lower-income country, Egypt is one of the few African countries that has remained strong and resilient since the economic reforms established a few years ago. The Covid-19 pandemic affected a few sectors including the tourism industry. Together with the World Bank, the Country Partnership Framework (CFP) aims at exploring challenges and finding solutions in three key areas such as improving governance, improving opportunities for private-sector job creation, and social inclusion. Natural gas, clothes, textiles, medical & petrochemical products, citrus fruits, rice, dried onion, cement, steel, as well as ceramics are among Egypt’s primary exports.
The largest city in Africa and the Middle East is Cairo
Egypt has 5 million Facebook users
Aswan High is one of the world’s largest dam
Egypt has over 100 pyramids
The country’s national dish is Koshari, consisting of Egyptian Rice, Lentils, and Macaroni with Spicy Tomato Chile Sauce
Coptic Easter Sunday
Sham El Nessim
Sinai Liberation Day
End of Ramadan
Eid Al Adha
Egypt’s new business legislation and privatisation have enabled its economy to become a market-oriented one to attract FDI and create more employment opportunities. Employees have access to vacation, sick and parental leaves. All termination requests must be addressed to the Ministry of Manpower and Migration, which decides after 15 days. The length of service of the employee determines the notice prior to termination. Both employees and employers contribute to social security, and the amount depends on the monthly wage. For employers, the rate of contribution is 24% or 26% of salary, whereas, for employees, it is 11% or 14%. The income tax rates are between 0% and 25%, depending on the level of income. Corporate tax in Egypt is 22.5%.
Partnering with Africa HR Solutions enables you to accelerate your move to Egypt and to focus on your strategic business goals with peace of mind, while our in-country experts manage all your in-country establishment, payroll outsourcing, and benefits to attract bright talent.
Central African Republic
Democratic Republic of Congo
Republic of Congo
Sao Tome and Principe
Grant Geraghty is the longest-serving member of the Africa HR team. This resident subject matter expert and client champion is responsible for gaining a deep understanding of our clients’ unique HR needs in Africa and providing tailored solutions that align with their business objectives. Grant collaborates closely with our clients to ensure that their requirements are properly implemented, providing ongoing support and guidance throughout the process.
Grant brings a wealth of experience to his role, having served as Africa HR’s longest-serving employee. He holds a Bachelor of Commerce degree, with a major in Economics and Business Finance, from the University of Natal in South Africa. Additionally, he has completed a certification program in Payroll and Tax Administration from the University of Cape Town, further enhancing his expertise in HR operations and compliance.
His commitment to delivering exceptional service and his extensive knowledge of HR in Africa make him an invaluable member of the Africa HR team.
Kevina Takoordyal has a BA Hons Business Management from the University of Glamorgan, UK, with MBA in leadership and Innovation, MBA General, PMP Certified, and Agile Scrum Master. She currently works as the Head of Operations at Africa HR Solutions Ltd with more than 20 years of proven leadership capabilities in Operations, Business Development, People Management, Process Optimization, and Project Management in the Financial Services, BPO, Banking Industry, and Heath Care Industry. In Senior leadership roles with an international footprint across Europe working and extensive Pan- African experience from a compliance, finance, and operations angle, Kevina comes across with a panoply of cross-functional skills. Kevina also serves on a few Boards, Non-Independent Executive at MioD and for NGOs on a voluntary basis, a coach and mentor to aspiring female leaders across Africa and Mauritius.
Kevina is a firm believer in Servant Leadership with a strong focus and commitment to uplifting others, with the ability to deliver through a highly engaged – diverse team, and works towards consistently synergistic value creation. While being a focused and adaptive thinker and Kevina is actively participating in panel discussions on Innovation, CX, Digital transformation.
Kevina serves as Project Assessor for the National Youth upskilling program. She has been recognized as Global Talent in a few companies, Ceridian, and International SOS Ltd whereby she has been awarded a few scholarships and had the opportunity to be mentored by Senior Vice President in the US. Award Winner in various fields and at a national level and recognized including Super Achiever Leader Award in Africa in 2016, Awarded Africa Women Leader 2018.
Viloshna is an experienced finance professional with 18 years of expertise in strategic financial planning, financial analysis, cash flow management, systems and controls implementation, financial reporting, and continuous process improvements. She currently serves as Head of Finance & Business Support, where she has successfully automated and leveraged the financial reporting system capabilities to ensure efficient company operations.
Viloshna’s background includes senior roles in a multinational pharmaceutical company and a large listed Mauritian conglomerate. Her meticulous attention to detail and strategic thinking have streamlined financial processes, making her a valuable addition to any finance team. Viloshna is a qualified finance professional with an FCCA qualification and an MBA, bringing valuable expertise to any organization.
In her current role, Viloshna leads the company’s Treasury and Payments function, including the fulfillment of the company’s cross-border payments into Africa. With her strong educational background and extensive experience, Viloshna consistently demonstrates her ability to optimize financial operations, minimize risks, and improve profitability. Her expertise in financial reporting and process improvements make her a valuable asset to any organization.
A qualified lawyer who joined Africa HR Solutions in July 2020, Mark Du Preez has experience working in private practice for a reputable law firm in South Africa. He also played commercially focused roles at a leading private bank, wealth management company, and outsourcing firm in South Africa and Mauritius.
Mark has played a pivotal role in Africa HR Solution’s risk mitigation strategy, which positively impacted P&L performance over the years.
He currently leads the Partnerships function of the company including relationships and oversight with in-country partners (ICPs) across Africa.
Alex has more than 15 years of experience in the global, strategic development of both enterprise and consumer brands in categories including technology, transport, enterprise software, entertainment, and travel.
With experience in roles on both agency and corporate side, he has worked across international brands and has led the development and execution of multi-discipline campaigns across EMEA, NORAM and Asia Pacific.
His focus is on driving meaningful business impact through brand differentiation and building high-functioning, digitally oriented, and analytically driven capabilities. He is motivated by working with, and developing dynamic people, teams, and organizations.
He leads, manages, develops and mentors the Key Account Management department, including line management responsibility for the team of Key Account Managers and Key Account Administrator who represent the Company as the primary communication link between all relevant stakeholders, including clients, third party in-country partners and internal functions.
Originally from Mauritius, he holds bachelor’s degrees in International Business, Finance and Management from the University of Nevada, Reno.