Egyptian Tech Firms Expand Footprint in Africa with Expected Business Deals Worth USD 7 Million
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Tuesday, June 2, 2015
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danielmjema.blogspot.com
The Government’s Africa Together Initiative Strengthens Egypt’s Position as a Regional Sourcing and ICT Services Hub
CAIRO, Egypt, May 27, 2015/ -- As
a part of the country’s efforts to increase IT exports and achieve
ambitious economic goals, Egypt’s Information Technology Industry
Development Agency (ITIDA) (http://www.itida.gov.eg)
helped setting out a number of partnership protocols and concluding
business agreements between Egyptian companies and 17 leading African
telecom companies, financial institutions and ICT enterprises, in 6
different African countries, in the framework of “Africa Together”
program, Round II.
The
program reflects the government commitment to accelerate economic
growth by expanding the export footprint of its domestic enterprises and
help them penetrate different regions in this fast growing continent.
The Egyptian companies began to reap the fruits of the program,
custom-tailored to increase their exports, by a number of deals totaling
an estimated USD 7 million.
Over
a three-day visit paid by the African delegation, a number of
prescheduled one-to-one meetings were held, and site visits to the
premises of Egyptian companies were made. On the last day, the visit was
finished off with a gala dinner held under the auspices of H.E. Khaled
Negm, the Egyptian Minister of ICT, during which ITIDA presented a movie
that recapped the program, highlighted the planned initiatives for
developing the local IT industry, and featured two keynote speeches by
ITIDA’s CEO, Eng. Hussein El-Gueretly and Jyoti Lalchandani, IDC’s group
vice president and regional managing director for the Middle East,
Turkey, and Africa.
As
many IT Egyptian enterprises with high potential for exports seek to
broaden their market exposure, ITIDA in cooperation with IDC implemented
a research led Go-To-Market initiative to build up knowledge of African
markets and how to approach them effectively. This included providing
Egyptian companies with market analysis of 9 African markets, demand
analysis of 160+ African enterprises followed by a matchmaking trip in
Kenya where Egyptian companies conducted 800+ one to one business
meetings with over 130 African enterprises and customers over 3 days.
“The
agency leaves no stone unturned in exploring the ICT African markets in
terms of prospects and challenges” ITIDA’s CEO, Eng. Hussein
El-Gueretly said. “In pursuit of growth, Egyptian companies made
unremitting efforts in studying these opportunities and bringing about
real business benefits” he added.
Among
the signed agreements, Raya Corporation, the Middle East’s largest CIT
company based in Cairo, signed business agreements in the field of
systems integration with IE Networks as well as Tahses ICT and
Consultancy from Ethiopia and the Nigerian Mayakorp.
In
the area of field force automation & unified emergency response
platform, Softec International partnered with IPMC from Ghana. Also,
Smartec inked a contract with the Ghanaian Batiletch in network
optimization and home automation while contracted with the Kenyan Sarova
Group of Hotels. IT Blocks, the Egyptian software company, agreed with
Afcor from Ethiopia and Dhanush Infotech from Kenya on IBM software
deployment. BI Technologies signed agreements with Exceed IT Systems
from Ethiopia and IPMC from Ghana. Softlock signed with the Nigerian
Mayakorp and SystemTrust as well as the Ethiopian Exceed IT Systems.
Additionally,
the Nigerian Airspace Management Agency and Dhanush Infotech from Kenya
partnered with Zas Soft in the area of ERP. Bsystems Ltd from Ghana
signed with Infasme while EME International signed agreements to provide
enterprise mobile solutions to the Nigerian Netplus and Ouranos
Technology Limited as well as the Ghanaian Bsystems. Sumerge will
provide enterprise solutions to Mayakorp from Nigeria and the Ethiopian
Websprix. Link Development will provide banking, public sector and
telecom solutions to Masterpiece Fusion from Kenya.
Hitekenofal,
a leading provider of integrated communication network solutions since
1987 in Egypt, agreed to provide communications networking services to
Batitech from Ghana, the Ethiopian Websprix and Exceed IT Systems as
well as Even Data and Hamms Engineering from Zambia. Soft Trend signed
with Mayakorp from Nigeria to provide security solutions.
Africa
Together, one of ITIDA’s programs, was launched in last August to
support Egyptian companies’ exports of IT services and products
targeting the African markets. The premier global market intelligence
firm, International Data Corporation (IDC) worked hand-in-hand with
ITIDA, the executive IT arm of the Egyptian Ministry of Communications
and Information Technology, to give a leg up to Egyptian ICT companies
in penetrating high-growth markets across Africa – especially in Uganda,
Ethiopia, Kenya, Tanzania and Nigeria – through joint partnership and
market development efforts.
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