Speaking at the recent Cairo ICT Summit, which marks the resurgence of Egypt as the hub for the Middle East and Africa’s IT sector and the top country in the Middle East Africa and Europe in Offshoring and Outsourcing, prime minister Ibrahim Mehleb said: “Egypt has stood on its feet. It is moving on with a strong economic reform programme and at the heart of that is IT.
“The work we are doing to take our country forward – working on new economic systems, changing fuel prices, reforming our social insurance systems, increasing access to government services, improving technology education and access in rural communities – none of this would be possible without a strong IT system. According to minister Helmy, with the support of overseas partners, he “is confident that IT will be at the heart of the new, modern Egypt.” With the digital economy being high on the government’s list, now would seem the perfect time for Britain’s flourishing tech companies to take a step into a foreign market. Vish Sowani, vice president of innovation and strategic partnerships at Visa, said: “Competition drives innovation, and partnerships drive growth. There is no better example of that than here in Egypt, where there is the right mix of talent, opportunity and political will to make technology a growth engine for the economy.” In the next four years, Egypt’s tech sector is predicted to become a $18bn market opportunity. Image sourceBy Shané Schutte
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.