Global companies have confidence in Egypt’s investment climate

Prime Minister Mostafa Madbouly affirmed that the inauguration of Jumia’s logistics warehouse in Egypt reflects the confidence of major global companies in the country’s investment climate.

Madbouly said such a step also highlights the trust in the government’s efforts to provide an investment-attracting climate for various projects and businesses across different sectors.

The premier expressed his hope for further partnerships that would support the state’s goals on digital transformation, developing the logistics infrastructure, and providing job opportunities for youth, especially in the fields of digital economy and e-commerce.

Madbouly’s remarks came Saturday 28/6/2025 during the opening ceremony of Jumia’s warehouse, which is one of the largest logistics warehouses for e-commerce in Egypt with the latest technologies. He was accompanied by Amr Talaat, Minister of Communications and Information Technology; Governor of Cairo Ibrahim Saber; and CEO of Jumia Egypt Abdel Latif Olama. 

For his part, the minister of communications emphasized the ICT ministry’s commitment to expanding training programs in various telecommunications and information technology fields to meet the needs of companies for qualified personnel.