Telecom

Egypt: Samsung earmarks $30mln to build learning tablets factory in Beni Suef

Egypt: Samsung earmarks $30mln to build learning tablets factory in Beni Suef
Friday, 05 March 2021 14:03

Egypt signs a deal with South Korean tech company Samsung to build an educational tablet plant in Beni Suef, over 100km south of Cairo. The agreement will see Samsung invest $30 million in the facility.

Construction work is expected to last until March 2022 and tablet production will commence right after. According to the Egyptian ICT department, 1,000 local engineers will be trained in the use of the latest technologies.

This project aligns with the government’s ambition to introduce information and communication technologies in schools. Samsung's investment in Egypt is part of the presidential initiative Egypt Makes Electronics (EME), which is an essential component of Egypt's digital transformation strategy.

Since 2015, Egypt has been making moves to partner with the world's largest companies to build and operate technology plants, and train the local workforce. The country wants to start manufacturing electronic devices locally.

The Samsung plant will help increase Egyptian exports, reduce imports of electronic devices, and create hundreds of thousands of jobs for highly experienced engineers, technicians, and skilled workers.

Muriel Edjo
 

On the same topic
Orange Morocco opens 1.5MW data center in Casablanca for cloud, AI, security Facility supports Maroc Digital 2030 goals, boosts digital...
Morocco launches program to back startup investment funds under Maroc Digital 2030 Government aims to boost funding, reduce risk for early-stage...
The ECTN is now compulsory for all imports and exports entering Somali ports. Non-compliant shipments face rejection, fines, seizures, or license...
Algeria launches a shared call center to support telecom sector expansion. The project aims to create 10,000 jobs and strengthen digital...
Most Read
01

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
02

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
03

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
04

MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...

Africa HealthTech Bootcamp Opens in Benin With Focus on Regulation and Startup Growth
05

Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...

Chad Reports Second Vandalism Attack on Key Internet Cable in Two Weeks
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.