ICT Sector
Madbouly praised the rapid growth of the sector, attributing it to government efforts to enhance digital services, integrate technology into meeting citizens' needs, and accelerate economic development.
Egypt aims “to continue digitalizing government services while ensuring their accessibility through multiple channels so that no one is left behind,” Talaat explained.
Among several agreements, worth a total of $1.1 billion, signed at the Forum on China-Africa Cooperation on Friday, Egypt’s Information Technology Industry Development Agency (ITIDA) and China signed off on five major memoranda of understanding (MoUs).
This MoU aims to train and qualify 200 locals in software design, development, and integrated electronic systems
During the meeting, Ambassador Garg praised the remarkable achievements and advancements made by Egypt in the ICT sector.
Through Egypt’s efforts and support, industry export returns are estimated to reach up to $9 billion in 2026, and will open up thousands of job opportunities for Egyptians
Regional funding reached its lowest recording during Q2 2023, contracting to $619 million compared to $1.26 million in Q1 2023
According to a statement by the MCIT, the program builds on ITIDA's expertise and 500 Global’s track record of running 85+ accelerator programs around the world
