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
Ugandan telecoms urge removal of duties on entry-level smartphones Operators say high taxes limit affordability, boost smuggling Low...
Two agreements signed on AI, training, and digital regulation Scholarships and training programs target skills development Partnership...
Morocco and Gabon signed two agreements covering AI, training and digital regulation during GITEX Africa 2026. The partnership includes fully...
Zambia’s National Road Fund Agency (NRFA) has rolled out mobile money payments across toll stations. Authorities aim to reduce congestion, limit...
Most Read
01

Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...

Francophone Africa: A Rising Economic Giant With Weak Internal Trade
02

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
03

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
04

Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...

Over 260 Namibian SME Owners Trained as Sector Faces Mounting Losses
05

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
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.