Jumia Partners with Forsa to Offer Flexible Payment Options in Egypt
This service allows customers to make purchases and pay in installments over time, providing a hassle-free shopping experience.
Egypt
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Egypt Launches “Made In Egypt” Online Platform to Boost Industrial Investment
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 Emerges as a Key Data Centre Hub in North Africa
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 Partners with CARITech to Strengthen Egypt’s Software Development Sector
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.
Cairo Secures Spot Among Top 100 Global Science and Technology Clusters in 2024
Egypt’s Cairo has been ranked 95th in the 2024 Global Innovation Index’s top 100 science and technology clusters, making it the only North African city on the list. This recognition highlights Cairo’s patent activity, scientific publications, and collaboration with global inventors, reflecting Egypt’s ongoing efforts in innovation and technology development.
Samsung Electronics Eyes Egypt as a Regional Hub for Electronics Production and Exports
Samsung Electronics plans to establish Egypt as a regional hub for electronics production and exports, targeting markets in the Middle East, Europe, and Africa. The company’s Beni Suef factory already exports 85% of its television production to 55 countries, creating 5,000 job opportunities and producing 6 million units annually.
Egyptian Space Agency Announces Ambitious Plan to Strengthen Space Capabilities
The Egyptian Space Agency (EgSA) is launching a joint-stock company for satellite component manufacturing and a marketing company to promote its products. Additionally, EgSA will introduce an online platform for purchasing satellite images, furthering Egypt’s influence in the global space sector and advancing its space technology industry.
Ericsson Partners with e& Egypt to Enhance ICT Infrastructure and Prepare for 5G Rollout
Ericsson has partnered with e& Egypt to integrate advanced 20-port antennas, enhancing Egypt’s ICT infrastructure and preparing for 5G. This collaboration supports high-order site sharing, improves network performance, and aligns with Egypt Vision 2030, enabling new opportunities for businesses and consumers through expanded 4G and future 5G capabilities.
Egyptian Mobile Operators Set to Launch Wi-Fi Calling Service by Year-End
Egyptian mobile operators are preparing to launch a Wi-Fi calling service by the end of this year, following regulatory approvals from the National Telecommunications Regulatory Authority (NTRA). The service aims to improve indoor signal strength in crowded areas and tall buildings, with pricing aligned with standard mobile call rates.
KBW Ventures Invests in Egyptian Climatetech Startup NoorNation
KBW Ventures, founded by Saudi Prince Khaled bin Alwaleed, has invested in NoorNation, an Egyptian climatetech startup. NoorNation, which offers decentralized energy and water solutions, was recognized at the PepsiCo Greenhouse Accelerator Programme. This marks KBW’s first investment in Egypt, highlighting a commitment to sustainable technology in emerging markets.