Egypt IT agency partners with African telecom companies

Egypt’s Information Technology Industry Development Agency (ITIDA) helped setting out a number of partnership protocols and concluding business agreements between Egyptian companies and 17 leading African telecom companies, financial institutions and ICT enterprises, in 6 different African countries, in the framework of “Africa Together” program, Round II.

The agreement is part of the country’s efforts to increase IT exports and achieve ambitious economic goals, according to the press statement of the agency.

The program reflects the government commitment to accelerate economic growth by expanding the export footprint of its domestic enterprises and help them penetrate different regions in this fast growing continent. The Egyptian companies began to reap the fruits of the program, custom-tailored to increase their exports, by a number of deals totaling an estimated USD 7 million.

Over a three-day visit paid by the African delegation, a number of prescheduled one-to-one meetings were held, and site visits to the premises of Egyptian companies were made. On the last day, the visit was finished off with a gala dinner held under the auspices of H.E. Khaled Negm, the Egyptian Minister of ICT, during which ITIDA presented a movie that recapped the program, highlighted the planned initiatives for developing the local IT industry, and featured two keynote speeches by ITIDA’s CEO, Eng. Hussein El-Gueretly and Jyoti Lalchandani, IDC’s group vice president and regional managing director for the Middle East, Turkey, and Africa.