Abstract
In this chapter, we study the return on investment in North Africa from 1869 to 1969. Most equities traded on the London Stock Exchange for companies operating in that region were related to Egypt. The chapter will therefore mainly engage with these investments and only briefly discuss other parts of North Africa. Investors were particularly targeting the Suez Canal Company. We put our estimates on the return on investment in their historical context, including the Dual Control and the occupation of Egypt, the colonial period as well as the period of decolonization. We therefore draw heavily on previous research in the field. We also contribute to the historiography of the region by providing evidence on the return on investment there, which generally has been lacking in the previous research.
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Rönnbäck, K., Broberg, O. (2019). North Africa. In: Capital and Colonialism. Palgrave Studies in Economic History. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-19711-7_8
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