Egypt: Latest News
Staff, 4:42 am
Transformation of Africa into innovative driven continent is the greatest concern by ADB and Egypt. In order to hasten the implementation of transformation agenda, African Development Bank hosted the 3rd Africa Science, Technology and Innovation event. The forum took place 10-12 February in Egypt. Abdel Fattah El Sisi Egypt President with partners, researchers and African Minister attended the forum. The creation of New Africa driven by innovative youths took the greater part of the discussion.
Peter Pedroncelli, 1:41 am
E-commerce platform MallforAfrica has continued with its aggressive expansion plan by entering 11 new African markets in response to demand for the company’s patented platform. The desktop and mobile app, which lets Africans purchase products from more than 250 U.S. and U.K. online retailers, will now be available in Angola, Chad, Guinea, Botswana, Tanzania, Uganda, Malawi, Egypt, Democratic Republic of Congo, Senegal, and Sierra Leone.
Staff, 9:54 am
The launch of a €100 million fund, expected to become the largest venture-capital fund focused on digital-technology start-ups in sub-Saharan Africa, is set to accelerate ongoing digital transformation and drive economic growth in the region. IFC’s €15 million equity investment makes it an anchor investor in the Partech Africa fund. The transaction marks IFC’s first investment in a mainstream venture capital fund in sub-Saharan Africa, where start-ups in the technology sector face funding gaps.
Staff, 3:54 pm
The United Nations has announced the opening of its African Technology Innovation Lab in Egypt, in line with its framework to deploy a global network of such labs. The launch of the new lab was announced on the sidelines of the latest Cairo ICT Conference, held under the auspices of Egypt’s President Abdel Fattah el-Sisi. The UNTIL in Egypt will be housed at Egypt’s Technology Innovation and Entrepreneurship Center, which is located in Smart Village, the technology business park in Cairo.
Staff, 3:06 pm
By 2020, Africa is likely to be the fastest urbanizing continent in the world. It is currently the most rural — 40% of sub-Saharan Africa’s population live in cities. Even the sprawling heartlands of Lagos, Kinshasa and Cairo are in their relative infancy and destined for a growth spurt. One idea gaining traction is newly developed satellite “smart cities:” ambitious multi-billion dollar, hyper-livable tech cities populated with bustling, beautified boulevards, private condos and luxury cars.
Kurt Davis Jr., 2:04 am AFKI Original
Last year’s election predictions for 2017 were pretty accurate (if a little self-indulgence can be allowed). So this year will be interesting to watch again, with countries like Egypt, DRC (hopefully), and Zimbabwe on the calendar. The elections are sure to be very exciting for the countries going to the polls and those investors and other interested parties gauging how to engage such countries. Here are the top elections to watch in Africa and predictions for 2018.
Staff, 7:22 pm
Twitter has announced the release of Twitter Lite to 24 new countries including 6 African countries. South Africa, Nigeria, Algeria, Egypt, Tunisia, and Tanzania were the African countries selected as a part of the expansion. The announcement was made by Jesar Shah, the product manager at Twitter, via the company’s blog. Twitter Lite offer users a new mobile web experience that minimises data usage, loads quicker on slower connections, and is more resilient on unreliable mobile networks.
Peter Pedroncelli, 6:15 am AFKI Original
The winners of the Appsafrica.com Innovation Awards 2017 were recently crowned, with a number of mobile apps recognized in various categories. The awards celebrate the best in mobile and tech ventures from across Africa. The annual awards attracted over 300 submissions from across 31 countries judged by an independent panel of leading industry experts, with the winners announced at the awards party in Cape Town last week.
Staff, 10:00 am
How do New York Times journalists use technology in their jobs and in their personal lives? Declan Walsh, The Times’s Cairo bureau chief, discussed the tech he’s using. What tech is most important for you to do your job as our correspondent in Egypt? A dented, screen-cracked iPhone is the center of my work. When I started out as a foreign correspondent 18 years ago, in Kenya, I carried a small satchel that held a tape recorder, a camera, an address book, a map and perhaps a shortwave radio.
Staff, 8:37 am
Scientists say they have found a hidden chamber in Egypt’s Great Pyramid of Giza, in what would be the first such discovery in the structure since the 19th century. In an article published in the journal Nature, an international team said the 30-mete void within the pyramid is situated above the structure’s Grand Gallery, and has a similar cross-section.The purpose of the space is unclear, and it’s not yet known whether it was built with a function or if it’s a gap in the pyramid’s architecture.
- Real Estate