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Egypt’s MaxAB acquires Morocco’s WaystoCap and attracts US$15m investment
Egyptian e-commerce platform to expand across Maghreb region.
Egyptian e-commerce outfit MaxAB secures US$40m to fuel expansion
RMBV leads round with participation from leading global venture capital and impact investors.
Demand for datacentre traffic driving submarine cable system investment
Telecom Egypt sponsors launch of 2021 Submarine Cable Map, reflects over US$8-bn in new cable investments over next three years.
Telecom Egypt, Vodafone pen revised agreement over joint venture
Latest development follows nearly three years of negotiating a settlement.
Egypt secures US$27m loan to establish new solar power plant
Loan to finance design, construction and operation of plant at Kom Ombo in Upper Egypt.
Orange Business Services to roll out datacentre for Egypt’s new admin capital
US$135-million investment to enhance data and host all smart city platforms.
Egypt’s plan to tap into telecoms and increase GDP
ICT Minister announces government’s target of 8% in the next three years.
TradeTech alliance in Egypt to generate growth capital
Singularity is the first to sign a reseller agreement with Ovamba in the region.