The Information Technology Industry Development Agency (ITIDA) and the International Data Corporation (IDC) signed three cooperation agreements, to attract direct foreign investments and increase Egypt’s exports of IT products and services.
The new strategic program, also called 'Africa Together', aims to assist Egyptian ICT firms in penetrating high-growth markets across the African continent—especially in Uganda, Ethiopia, Kenya, Tanzania and Nigeria—through joint partnership and market development efforts, further enhancing the role of Egypt's ICT industry as a key contributor to the country's economic growth.
Another key facet of 'Africa Together' is IDC Industry Technology Advantage Program (ITAP), which will empower ITIDA with comprehensive data and trend analysis of ICT markets across the entire world.
Bundled with unstinting access to IDC expert analysts and strategic workshops, this valuable information tool will support ITIDA mission to promote trade in international markets.
“The signed agreements with IDC come in line with ITIDA endeavors to boost the exports of local IT firms, help them expand beyond Egypt and tap into the business opportunities in the targeted countries in Africa,” says Hussein El-Gueretly ITIDA’s CEO.