Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Egypt has signed 55 ICT agreements with international and local firms to establish or expand operations, creating 70,000 jobs. The initiative aligns with the Digital Egypt strategy to boost outsourcing and digital innovation, positioning Egypt as a leading global hub for technology services and investment.
Egypt has signed MoUs with 55 international and local firms to expand its ICT sector, creating 70,000 new jobs. The agreements, under the Digital Egypt strategy, strengthen Egypt’s role as a global outsourcing hub, leveraging its skilled workforce, infrastructure, and competitive investment incentives.
Egypt’s ITIDA has announced 33 startups joining the third cohort of the Creativa Incubation Program. Spanning edtech, renewable energy, e-commerce, and smart cities, the startups will receive funding, mentorship, workspaces, and investor access—underscoring Egypt’s commitment to scaling tech-driven entrepreneurship nationwide.
The 47th round of Egypt’s Start IT programme has selected eight startups across health-tech, education, logistics, fintech, and e-commerce. Each will receive EGP480,000 support, while the newly launched Start IT Perks platform provides discounted digital tools and services to enhance efficiency and scaling potential.
Egypt’s ITIDA, in partnership with NTI and Systel, has launched an enhanced summer internship program to train over 10,000 students in ICT and digital arts, offering specialized tracks, certification discounts, and hands-on telecom training to support Egypt’s digital economy growth.
The “Shaping Egypt AI Horizon” forum highlighted Egypt’s National AI Strategy (2025-2030), emphasizing AI infrastructure, talent, and regulation. ITIDA and 500 Global discussed fostering AI startups and addressing skill shortages. The strategy aims to build AI capabilities and increase AI adoption across various sectors and the workforce.
Konecta Group has signed an MoU with ITIDA to expand its operations in Egypt, establishing a regional headquarters in New Cairo. The $100 million investment will create 3,000 jobs, focusing on AI solutions, digital transformation, and multilingual customer services. The partnership will enhance Egypt’s IT sector and exports.
The Information Technology Industry Development Agency (ITIDA) and Flat6Labs have launched the IT Invest program to support tech-enabled startups in Egypt. The initiative aims to equip seed and pre-Series A startups with training, resources, and networking opportunities to enhance their investment prospects and contribute to economic growth.