Egypt’s Ministry of Tourism and Meta Launch AR Project to Revive Ancient Artefacts
The project aims to enhance the museum experience and attract younger, tech-savvy audiences by merging technology with cultural heritage.
Egypt
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Africa’s Internet Usage Surges: 646 Million Users and Growth Expected to Reach 1.1 Billion by 2029
A report by the International Telecommunication Union reveals that Africa’s internet usage has surged from 181 million users in 2014 to nearly 646 million today, with projections indicating over 1.1 billion users by 2029. The cost of data has dropped significantly, driving greater internet access and growth in mobile internet usage.
Egypt’s Mobile Phone Imports Drop by 99.9% Amid Localized Production Surge
Egypt has reduced its mobile phone import bill by 99.9% in early 2024, shifting towards local manufacturing with eight new factories. Government discussions are underway on potential import fees, with calls for grace periods and exemptions. This move aligns with Egypt’s plan to boost self-reliance and cut foreign currency reliance.
Huawei Cloud Launches Fintech Summit 2024 in Egypt to Drive Digital Transformation
Huawei Cloud has hosted its first Fintech Summit 2024 in Egypt, focusing on cloud services for the fintech sector. The event showcased solutions like Huawei Cloud KooVerse, addressing security compliance and digital transformation needs. It emphasized the importance of cloud technology in driving financial inclusion and supporting Egypt’s Vision 2030.
T-Vencubator Launches Tafweela to Revolutionize Transportation Payments in Egypt
T-Vencubator has launched Tafweela, a transformative payment solution for the transportation sector in Egypt, founded by Marwan El Shayeb. This initiative aims to streamline operations and expand into B2C markets while benefitting from T-Vencubator’s comprehensive support to navigate a competitive landscape and regulatory challenges.
Ericsson Partners with e& Egypt to Roll Out Nationwide 5G Technology
Ericsson has partnered with e& Egypt to implement 5G technology nationwide, following the Egyptian government’s issuance of telecom licenses to major operators. This collaboration aims to enhance communication quality and network capacity using Ericsson’s energy-efficient 5G solutions, providing faster internet speeds and improved connectivity for consumers and businesses.
NTRA and CPA Collaborate to Launch Digital Platform for Telecom Complaints in Egypt
Egypt’s National Telecommunications Regulatory Agency (NTRA) has partnered with the Consumer Protection Agency (CPA) to establish a digital platform for resolving telecom complaints more efficiently. The platform will feature an online complaint registration system and an automated process, improving response times and user awareness of rights and responsibilities.
Deloitte Unveils Innovation Hub in Cairo with $30 Million Investment
Deloitte has launched the Deloitte Innovation Hub in Cairo with a $30 million investment over three years, recognizing Egypt’s talent in technology fields. The hub aims to foster local talent and provide services in AI, data analysis, and cybersecurity, with plans to expand its workforce to 5,000.
Amr Talaat Inaugurates Deloitte Innovation Hub in Cairo with $30 Million Investment
Amr Talaat, Egypt’s Minister of Communications and Information Technology, inaugurated the Deloitte Innovation Hub in Cairo, with a $30 million investment. This hub aims to enhance the country’s digital services and support local talent, positioning Egypt as a competitive player in the global technology and outsourcing markets.
Thunes Expands Direct Global Network into Egypt to Enhance Cross-Border Payment Services
Thunes has expanded its Direct Global Network into Egypt, enhancing its cross-border payment services with mobile wallet and bank account capabilities. This move capitalizes on Egypt’s rapidly growing mobile wallet adoption, projected to reach $3.8 billion by 2028, and aims to support remittance services effectively.
