Service Providers News
-
Egypt establishes 1st infrastructure to provide IoT services
Telecom Egypt signed a cooperation agreement with the global Nokia Corporation to establish IoT infrastructure through Nokia's network (WING).
-
Founder of PraxiLabs Egypt chosen for finals of Africa Business Heroes
Khadija El Bedweihy will go up against founders from 6 African countries in November’s finale: Botswana, Egypt, Ghana, Kenya, Nigeria, Rwanda, Uganda.
-
Ameer Sherif appoints a new CEO for Wuzzuf and Forasna
Ameer plans to move on to focus on VC, public policy as many Egyptian startups are attracting huge investments from global VCs every year.
-
3 Egyptian banks to launch investment trust for fintech start-ups
The National Bank of Egypt, Banque Misr and Banque du Caire aim to launch a trust to support fintech start-ups with an overall EGP100bln capital.
-
Flat6Labs closes $10M seed fund for Tunisian startups
In May, Flat6Labs completed the close of its Egypt-based fund — Flat6Labs Accelerator Company fund (FAC) — at $13 million.
-
Egyptian MNT-Halan secures $120M investment
It has 4 million customers in Egypt, 1 million active users and it became the fastest growing lending service to people who are not served by banks.
-
Heya Raeda 2021 to support female entrepreneurship
The Heya Raeda 2021 Program looks to support 300 female entrepreneurs in the early-stage.
-
Vodafone Egypt, Microsoft ink MoU
The new platform, Begin, will act as a link between entrepreneurs and SMEs owners to find work and source talent in the Egyptian labor market.
-
Egypt digital transformation
As Covid-19 imposes a new normal on world countries, Egypt raised investment allocations for the ICT sector by 300 percent in FY 2021/22.
-
Egypt’s ITIDA and Atos sign agreement
With this agreement, Atos and ITIDA aim to accelerate the development of the digital sector in Egypt and create new employment opportunities locally.
-
Egypt among 130 countries to reach deal to combat tax evasion
Under that OECD/G20 inclusive framework on BEPS, 139 countries and jurisdictions are implementing 15 Actions to tackle tax avoidance.
-
edtech iSchool secures $160K investment
iSchool aims to help students master artificial intelligence (AI) programming, software development, robotics, big data, and multimedia.
-
7 facts about DX4SW software initiative
Egypt’s Information Technology Industry Development Agency (ITIDA) launched a new initiative for Software companies in Egypt to go global.
-
Almentor closes $6.5 mln Series B
In 2016, Almentor closed a $3.5 million seed round and two years ago raised $4.5 million Series A led by Egypt’s Sawari Ventures.
-
EBRD President visits Egypt’s business accelerator, Falak Startups
Egyptian government’s efforts to catalyze digitization, innovation is in line with third pillar of EBRD’s new strategy: Al-Mashat.
-
Paymob Closes Series A with $18.5m
Paymob was founded in 2015 by Islam Shawki, Alain El Hajj and Mostafa El-Menessy with a vision to revolutionize payments in Middle East and Africa.
-
CABLEXX 2021 Kicks Off 5 April in Cairo
CABLEXX is the most exclusive event dedicated to deploying advanced infrastructure to accelerate digital transformation.
-
Egypt Most Advanced In Fixed Broadband Subs
TE invested 12.7 billion Egyptian pounds ($ 790.3 million) in 2019 as a new shift in fixed broadband offerings to improve internet services.
-
Egypt launches SMEs Business Bot to support sector amid pandemic
The planning ministry is expected to play a vital role through feeding the platform with various available initiatives.
-
Project: Implementing fiber optic networks under 8 contracts
Cairo, Giza, etc.: Implementing the fiber optic networks projects of FTTX type (traditional & air blown fiber method) under 8 location contracts