2016-10-24 06:55:56date was

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  • Toto, We’re Not in Cairo anymore: Egypt Expanding Tech Parks Beyond the Capital


    Good news for tech geeks outside of the capital: Egypt’s Ministry of Communications and IT just signed an MoU in Alexandria last week to develop a national project to spread tech parks outside of Cairo, starting with two parks in Alexandria’s Borg El Arab area and Assiut’s New Assiut, due to launch in late 2016, with a third planned in 10th of Ramadan City.

    The announcement came during the Techne Summit held in Alexandria, where Cairene and Alexandrian tech entrepreneurs came togetherr, in addition to speakers from India, Kenya and Argentina. The ministry also announced that it’s planning for a university and international school in Borg El Arab, which could turn the suburb into an IT, technology and education centre.

    What does this mean for us? It should translate to more tech jobs around the country and better opportunities for youth entrepreneurs in technology, linking university graduates and entrepreneurs around the country with ICT companies via a database and enabling business partnerships.

    And of course this is (much needed) good news for Egypt, which has gained international recognition in the past few years as fertile ground for startups and entrepreneurships, with many Egyptian products winning international competitions, seed funding and awards, most recently with three startups winning 320,000LE in grants at Total’s Startupper of the Year 2016 competition in late April.

    Onwards and upwards, tech geeks!

    By Kalam El Qahaira