Egypt ranks 2nd regionally in volume of foreign investments in ICT startups: minister ...Egypt

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Egypt ranks 2nd regionally in volume of foreign investments in ICT startups: minister
source : EGYPT INDEPENDENT ( Egypt ) () 21
Egypt occupies the second place regionally in the volume of foreign investments in startups in the ICT sector, and is also the first in the number of deals, said Talaat, adding startups in Egypt attracted foreign investments worth US$190 million in 2020, which rose to $490 million in 2021 and is expected to reach $850 million in 2022, Minister of Communications and Information Technology, Amr Talaat, said on Thursday. Talaat stressed the importance of digital transformation and innovation in facing the changes taking place in the world. Talaat added, in a ministerial panel at the Strategic Innovation Conference for Structural Transformation, organized by the United Nations Development Progr

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