Telecom Egypt works with Mobily to build undersea cable

According to the telco, the refinancing comes at an important strategic point, aligning with Telecom Egypt's continued efforts to improve cash flow.

The hub plans to recruit local talent and aims to create 5000 jobs in the near future.

Prior to this expansion, Pargo raised $4 million in investment. The funds will help the company operate in Egypt's growing e-commerce sector.

The firm says the fresh capital injection will enable it to accelerate and become the go-to platform for health-conscious consumers across Saudi Arabia.

Carry1st expands beyond gaming to enable access to music subscriptions across Africa through local payment methods.

Network says this new relationship is a key milestone for the company in Zambia and opens up new opportunities for growth and innovation.

20-port antennas from Ericsson Antenna System will be integrated into e& Egypt’s network supporting high-order site sharing for all operators in the country.

The centre is part of the Arab Organisation for Industrialisation's efforts to localise technology and manufacture products that are currently imported.

Cartona plans to use the money to accelerate growth, increase market share, enter new markets in Middle East and North Africa.

The adoption of AI policy has been quite slow among African countries with only Mauritius, Kenya and Egypt having clear guidelines, rules, and principles on AI technology.

The alliance will use Network's expertise to help EGBANK compete in the Egyptian market.