The billionaire El Sewedy family of Egypt is currently deploying industrial capital into Central African markets, positioning its new manufacturing and infrastructure investments in Cameroon under the umbrella of a newly formed Algeria–Egypt industrial consortium.
This cross-border corporate expansion marks a calculated push by the prominent Egyptian business dynasty to scale its logistics, energy, and engineering footprint outside of its traditional North African stronghold.
By uniting Egyptian and Algerian industrial heavyweights, the consortium is establishing a direct pipeline to funnel significant capital into major economic hubs like Douala and Yaoundé.
According to reporting by News du Camer, Elsewedy Electric, led by Managing Director Ahmed Elsewedy, is partnering with Algeria’s state-owned utility Sonelgaz to develop a joint venture focused on renewable energy projects, particularly solar and wind power.
The initiative forms part of a wider strategy to expand into African infrastructure and energy markets, with Senegal, Ivory Coast, and Cameroon identified among the early target destinations.
