Nancy ElMaghrabi

CEO

Egypt

Cairo data centre fire kills four, takes down Egypt's Internet

The blaze, likely caused by an electrical fault, triggered outrage in parliament, with MPs calling the government response a "catastrophic failure".

StenaMin, a company established under Egyptian law, will bear all investment and operational costs of the project, without any financial obligations.

This exceptional measure comes in response to ongoing disruptions in telecommunications services, which have affected the regularity of operations.

Aria Ventures, a specialised venture studio focused on building startups, has announced the launch of a EGP50 million (US$1 million) fund.

Renewables, primarily solar, wind, and hydropower, accounting for just 11.5 percent of electricity generation as of last year.

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