The Africa Internet of Things (IoT) and Artificial Intelligence (AI) Challenge has been launched this year in many African countries, including Egypt, Kenya, Uganda, Morocco and Tunisia. The Challenge is organized in Egypt in collaboration between MCIT and other local partners, and aims to equip young people with IoT and AI skills, and help accelerate achieving the digital transformation in Africa. The article sheds light on this year’s version of the Challenge.

Startups in the Middle East and North Africa (MENA) region secured a record investment in the first half of 2021. Coming third on the list of the top funded startups was Egypt’s Trella, which raised alone $42 million in June. The article sheds light on the highest funded startups in the region in 2021 so far.

From e-commerce to edtech and fintech, Egypt’s startups are emerging as the preferred destination for global and regional investment, making Egypt even more attractive as an investment destination. The article sheds light on the country’s flourishing startup ecosystem.

Egypt-based healthtech startup Dileny Technologies LLC (DilenyTech) has secured a $160K non-equity grant from the Information Technology Academia Collaboration (ITAC) programme of the Information Technology Industry Development Agency (ITIDA). The article sheds light on the startup’s achievement.

The year 2020 was a year of rapid digitization. As the pandemic brought new restrictions for millions of people, Egypt saw a sharp rise in the use of digital services, social media, financial technology and e-commerce platforms. The report details Egypt’s digital infrastructure 2020 growth and key trends.

Egypt received $5.9 billion in foreign direct investment (FDI) in 2020, becoming the Arab World’s second-most attractive FDI destination, and Africa’s top FDI recipient for that year, according to international reports. The article sheds light on the country’s achievement.

In recent years, the Egyptian government has placed its full weight behind digital transformation, launching Digital Egypt strategy, an all-encompassing vision and plan that details the foundations for the transformation of Egypt into a digital society. The article explains how Egypt's scientific research sector is ushering in the digital era.

IBM Egypt General Manager Wael Abdoush has highlighted that Egypt has a strong potential to benefit from digital transformation, thanks to the government comprehensive strategy and the current investments to adopt Artificial Intelligence (AI). The article points out the Egyptian efforts in that field.

A group of multinationals, backed by the Egyptian government, have created a plastic recovery scheme which rewards collectors through digital credits. The scheme demonstrates how a responsible recycling model can enable social inclusivity and be replicated elsewhere. The article introduces the new green initiative.