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
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...
West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...
The fast-growing installment payment market is set to expand sharply across the continent, even as s...
Xcalibur to launch $297.8 million mapping phase in DRC Three-year surveys to cover 700,000 square kilometers Program aims to modernize data,...
Senegal, Canada finalize plans for Dakar-Montreal flights Air Transat to operate twice weekly from June Route expected to boost diaspora...
New executives appointed at Sakima, Sokimo, Gécamines Changes align with restructuring, US-DRC minerals partnership Three state-owned mining...
Rhino reports gas, condensate at Namibia’s Volans-1X well Tests show 33 mmcfd gas, 5,300 bpd condensate Marks third consecutive discovery on...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...
The University of Lomé on Wednesday opened a fossil and rock exhibition hall showcasing specimens from the country’s coastal sedimentary basin. Led by the...