US looks to Egypt investment


Image: By Egypt ICT Ministry
US looks to Egypt investment

A US trade delegation is in Egypt to investigate ICT cooperation and investment opportunities.

Egypt’s Minister of Communications and Information Technology, Hany Mahmoud, this week met the delegation, which includes US government leaders and is chaired by the Acting Deputy Under Secretary for International Trade, Ken Hyatt, the US Coordinator for International Communications and Information Policy and US Deputy Assistant Secretary of State, Economic and Business Bureau, Communications and Information Policy, Ambassador Philip L. Verveer.

The delegation is described as the largest in the history of US trade missions to Egypt, comprising 31 businessmen representing 12 companies, as well as government officials.

The Ministry says the meeting looked at ways to create a better climate for  foreign investment, expansion of the outsourcing industry, and cooperation in providing innovative applications and solutions.

The talks are aimed at supporting and strengthening the links between the two countries in trade, investment and creating new jobs, as well as supporting the Egyptian companies, especially small and medium enterprises.

Share the News

Get Daily Newsletter

comments powered by Disqus


Dell EMC acquisition to create ‘mega-tech’ company

Dell Inc. has agreed to acquire network storage giant EMC Corp. for approximately $67 billion. Read More

GTBank to empower Nigerian SMEs

Guaranty Trust Bank plc has partnered with Agence Française de Développement to launch a N3 Billion initiative to boost financing for business start-ups and development projects in Nigeria.  Read More

Beachhead Solutions introduces channel programme for emerging markets

Beachhead's high-ROI reseller programme is now available in MEA and India. Read More

Barclays Africa launches Rise

A new global start-up community has been launched to pioneer financial services and unlock Africa’s potential. Read More

JUA Energy enters Nigeria after success in Kenya

After successfully entering the Kenyan market in April 2014, solar-powered systems and technological electronic accessories manufacturer brand J​UA​ energy has launched in Nigeria to sell through e-tailer Jumia. Read More

Fundamo founder joins Nomanini’s advisory board

Fundamo founder Hannes Van Rensburg, generally considered the father of mobile payments, has joined the advisory board of Nomanini, a South African-based, enterprise technology transactions platform provider. Read More

Airtel sponsors Indo-Africa ICT Expo 2015

Airtel is sponsoring the Indo-Africa ICT Expo 2015 being held at the Kenyatta International Conference Centre (KICC) now underway in Nairobi. Read More

MTN acquires Smart Village to enhance its foothold in the fibre network space

MTN has concluded a deal with MultiChoice to acquire Smart Village, which will accelerate the mobile operator’s fibre to the home (FTTH) strategy to be the provider of choice for high speed fibre network across South Africa. Read More

Agilitude opens East African office on the back of mobility and cloud growth

Tejpal Bedi Salesforce reseller and Consulting Partner Agilitude has announced that is has opened an office in Kenya, making East Africa its next target for growth.  Read More

MTN gets ethics management committee

MTN Nigeria has set up an ethics management committee with the sole responsibility of managing ethics risks. Read More


Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika


Connectivity critical for Nigeria's ICT sector, says SES chiefConnectivity critical for Nigeria's ICT sector, says SES chief

Connectivity is vital for any country to fully optimise the huge potential of cyberspace, SES Sales Manager for West Africa Joy Nma Emenike tells Kokumo Goodie.


High tech homes: Just press playHigh tech homes: Just press play

High tech, digital homes where everything is automated and connected aren’t the stuff of science fiction any longer, says BNC Technology.