Egypt’s Telecom Services See Significant Improvements in Q4 2024, with Key Advancements in Mobile and Fixed Internet

Egypt’s telecom services saw significant improvements in Q4 2024, with better voice and data transmission. The country also received the 2024 Speedtest Award for Africa’s fastest fixed internet. As part of its digital infrastructure expansion, Egypt is replacing copper cables with fiber optics to enhance broadband speeds across the nation.

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UN Envoy Commends Egypt’s Digital Transformation, Calls for Regional Cooperation in Technology Development

UN Envoy Amandeep Singh Gill commended Egypt’s digital transformation efforts, highlighting its robust infrastructure and the increasing focus on digitization across the Arab world. Gill emphasized the need for global cooperation in digital advancements, especially to foster youth employment. He also discussed regional collaboration on AI governance and digital trade expansion.

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Fawry Invests EGP 80 Million in Three Egyptian Tech Companies to Expand Business Solutions

Fawry has made strategic investments totaling EGP 80 million in three Egyptian tech companies—Dirac Systems, Virtual CFO, and Code Zone. These investments expand Fawry’s “Fawry Business” suite, enhancing its ERP, financial management, and digital payment solutions for businesses, driving Egypt’s digital transformation and contributing to its cashless economy.

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