Service Providers News
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Cartona raises $12M to scale and explore new verticals
Cartona was present in three Egyptian cities; it’s now in 11. The investment will allow them to cover all of Egypt.
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Al-Sisi inaugurates several projects within the Digital Egypt Platform
The state is ready to bear the expenses of 100,000 IT students if they meet the requirements.
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Project: electronic education system
Cairo: Providing and developing an electronic education system for the students
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Entourage sets its eyes on Egypt expansion
Entourage is a leading live communication agency in the region that is setting foot in Egypt following its successes of the past year.
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Khazenly raises $2.5m seed funding
Khazenly is an on-demand digital warehousing and fulfillment management platform that provides an omnichannel solution to help merchants digitize.
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HSBC pledges EGP 1bn in loans for tech entrepreneurs
New pledge is HSBC’s third high growth SME lending proposition in 6 months.
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Egyptian fintech Paymob snagged one of the largest funding deals in the region — a $50 million Series B
Egyptian fintech Paymob snagged one of the largest funding deals in the region — a $50 million Series B.
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Telecom Egypt to launch EG-IX internet traffic center
The traffic exchange center will be hosted in the regional data center of Telecom Egypt, the biggest international center of its kind in Egypt
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Egypt releases 1st comprehensive FinTech report
The report sheds light on the local FinTech & FinTech-enabled startups and entrepreneurs; in addition to FinTech Ecosystem stakeholders.
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Why Egypt (and MEA) could be fertile ground for super apps
The prevalence of low-end mobile phones, as well as high internet costs in the MEA, make superapps an attractive product.
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Dell launches AI initiative with 5 Egyptian universities
There will be a competition at the end of every academic year for the top 3 student projects in AI applications.
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Egypt-based celebrity platform Minly acquires Dubai’s Oulo
The acquisition is coming six months after Minly raised a $3.6 million seed round and off the back of an impressive year of growth.
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Forbes chooses Egyptian software engineer for 30 under 30
She was chosen for her great role in empowering, supporting and encouraging women in the fields of management and technology.
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Egypt to push for sustainable cloud transformation
Egypt succeeded in bringing in fresh narratives, innovative ideas and awareness on key areas such as Development of AI and Cloud Computing.
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Egypt one of two most important ICT markets in Africa
Digital transformation creates investment opportunities, says Nassif Yazbeck.
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Egypt digital status: October statshot
E-commerce in Egypt makes 1.8% of the GDP. Mobile internet speed is among the lowest in the world at 24.4 Mbps, while fixed internet is at 44Mbps.
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JATDEV launches application for participatory communities
SpaceJAT provides many collaborative services and tools that help stimulate and support the remote business environment.
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Winners of Egypt’s 1st female entrepreneurs Hackathon by ITIDA
The first prize was awarded to a team of three young women from Aswan governorate, for a mobile application developed to aid in combating harassment.
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Egypt to spend over $2bln to enhance internet efficiency
The project includes delivery of fiber optic cables to around 4,500 villages in the next three years.
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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).