Contact Pay has partnered with Basata Pay to strengthen Egypt’s digital payment infrastructure. This collaboration will expand the reach of inclusive financial services across the country, offering innovative digital payment solutions and supporting Egypt’s digital transformation.
Egypt, Telecom Egypt, and Hengtong have signed an agreement to establish a $15 million fiber optic cable factory in the Suez Canal Economic Zone. The factory will produce 3 million kilometers of fiber optic cables annually, strengthening Egypt’s telecommunications infrastructure and boosting exports to Europe, the Middle East, and Africa.
Egypt has signed an MoU with ZTE to launch local telecommunications equipment manufacturing and establish 5G training labs. This partnership will enhance Egypt’s tech industry, boost export capabilities in the MENA region, and train 1,200 ICT professionals over three years.
Egypt and China signed $1.1 billion worth of agreements to boost tech and telecom sectors. This includes new factories, fiber optic production, and AI research centers. The partnerships aim to enhance Egypt’s tech infrastructure, with investments focused on local production, R&D, and training programs.
Telecom operators in Egypt have confirmed that there will be no price hikes for recharge cards or internet packages. While new categories of recharge cards have been introduced, the prices for existing categories remain unchanged, dispelling social media rumors about potential increases.
Egypt’s digital strategy, aligned with the UN’s Sustainable Development Goals, focuses on expanding digital infrastructure and accessibility. At the Indonesia-Africa Forum, Egypt shared its digital transformation experience, aiming to enhance bilateral cooperation with Indonesia in communications and IT.
This service allows customers to make purchases and pay in installments over time, providing a hassle-free shopping experience.
Egypt’s Trade and Industry Ministry has launched “Made In Egypt” (MadeIn.EG), an online platform for industrial investment developed with e-finance. The platform enables investors to explore land plots, submit applications, and track their status. It aims to streamline investment processes, enhance transparency, and ensure equal treatment for all investors.
Egypt is rapidly emerging as a key data centre hub in North Africa, driven by strategic investments in digital infrastructure and renewable energy. With its prime location connecting Africa, Europe, and Asia, and the launch of its first government data centre, Egypt is poised to become a major player in the global data economy.
ITIDA has partnered with CARITech to enhance Egypt’s software development sector through training, certification, and consultancy services. This collaboration, formalized by an MoU, aims to improve digital talent efficiency and align professionals with international standards, reinforcing Egypt’s position as a global IT services hub while expanding CARITech’s reach in global markets.
