Egypt Archives - Page 2 of 3 - AfricaBusiness.com

20Apr

By Africa BusinessNo Comments

archaeology, Egypt News

The Lost Golden City of Egypt

One of the most profound discoveries in recent times is the “Lost Golden City”, discovered in Egypt. The remains were found in Egypt by archeologists declared to be the largest ancient city found in the entire country. The “Lost Golden City” had been sleeping within Luxor for over three thousand years buried under sand near the Nile River and the famous valley of the three kings. One of the most popular and visited spots ever. All the secrets that this city holds are still for the most part a mystery yet to be unraveled though some parts of it have been interpreted. However, before this Luxor was already popular for having most of the oldest cities in Egypt, Cities that have played important roles over the course of history. Home to the most powerful pharaohs. Zahi Hawass, an Egyptol...

Orange Business Services to design and build cloud-based ICT infrastructure for Egypt’s newest smart city

9Feb

By Africa BusinessNo Comments

Egypt News, Tech

Orange Business Services to design and build cloud-based ICT infrastructure for Egypt’s newest smart city

- Selected as master system integrator to deliver a new data center, offering critical cloud and smart services - Supports Orange Egypt – the prime contractor – in a multimillion Euro project to develop part of the New Administrative Capital Orange Business Services, a network-native digital services company, has announced that it will design and build a new data center to provide cloud services for Egypt’s ‘New Administrative Capital'. The project will be implemented in collaboration with Orange Egypt, who will supply the required infrastructure and services, following their appointment as the project’s prime contractor by Administrative Capital for Urban Development (ACUD) – owner and developer of the New Administrative Capital. The ACUD project has been designed as a smart sustainable...

A Young Egyptian Researcher Attracts the Attention of British and European Oil Companies. Dr. Mohammad ElSayed Develops the First Multi-Sensing Robot System for Monitoring Offshore Oil and Gas Platforms in Britain

5Jan

By Africa BusinessNo Comments

Egypt News, Energy, Science, Tech

A Young Egyptian Researcher Attracts the Attention of British and European Oil Companies. Dr. Mohammad ElSayed Develops the First Multi-Sensing Robot System for Monitoring Offshore Oil and Gas Platforms in Britain

In an interview with Iris Media Agency, Dr. Mohammed ElSayed, a young Egyptian researcher at the University of Edinburgh, asserted that his success in developing a new multi-sensing robot has attracted the attention of both British and European oil and gas companies. Dr. Mohammad, who is currently spending his vacation in Abu Dhabi, mentioned that his novel invention will be be deployed in large collectives for monitoring offshore oil and gas platforms, as it designed to be low-cost and highly manufacturable. At the age of 25, Dr. Mohammed ElSayed has successfully received a PhD in Robotics from The University of Edinburgh on this research project under the supervision of Dr. Adam Stokes, becoming one of the youngest scientists in the universit...

How Egypt banks on renewables to meet expected surge of energy demand

15Jul

By Toufik KhitousNo Comments

Egypt News, Energy, Green Energy

How Egypt banks on renewables to meet expected surge of energy demand

To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic? Egypt’s population has now passed 100 million. As one of the most populous and fastest-growing nations on the African continent, providing electricity to all its citizens is a matter of priority for the Egyptian government. To ensure continuous security and stability of energy supply, Egypt has launched an energy diversification strategy, known as the 2035 Integrated Sustainable Energy Strategy (ISES), which aims to step up the development of renewable energy and energy efficiency in the country. Egypt aims to produce 20% of its electricity using renewable sources by 2022 and 42% by 2035. For ...

Egypt heads the Africa hotel development top ten

9May

By Africa BusinessNo Comments

Africa Travel, Egypt News

Egypt heads the Africa hotel development top ten

With more than 15,000 rooms in the pipeline The stars of hotel development in Africa are Egypt, Nigeria, Morocco and Ethiopia, according to the 11th annual survey by W Hospitality Group, acknowledged as the industry’s most authoritative source. The four countries head the top ten by numbers of rooms in the internationally-branded hotel development pipeline, with Egypt showing 15,158 rooms in 51 new hotels. A total of 75,155 branded rooms in 401 hotels are in development across the whole of Africa – a net increase (ignoring recent openings and taking in to account deals that have not come to fruition) of almost 11,000 rooms in the pipeline, 17% up on 2018. W Hospitality Group’s Hotel Chain Development Pipelines in Africa survey had a record 43 international and regional hotel contributors t...

Friday@Noon on Foreign Investment in Africa: 2018

10Apr

By Johan BurgerNo Comments

Business, Egypt News, Energy, Main

Friday@Noon on Foreign Investment in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. Africa has been the recipient of foreign investment form a variety of foreign countries. In addition to the normal investors such as China, Japan, India, etc., we are also seeing new entrants or countries that are making a comeback. The countries identified below are also not meant to be the only investors, but have been noted in the general media. China in Africa China has been quite active in Africa for the past number of years. In addition to participating in infrastructure development contracts, it has also been financing a lot of Africa’s debt. It is still Africa’s largest trade partner. A prominent development is...

10Apr

By Johan BurgerNo Comments

Business, Egypt News, Ghana News, Main, Nigeria News, Rwanda News, Tech, Uganda News

Friday@Noon on Financial Services in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The financial services industry in Africa has seen a lot of development throughout the past few years, as was the case in 2018. Mobile telephony has driven the US$300 million monthly transactions in Africa from 7.2 million new people (up 250% from 2012) using digital financial services and 45,000 new banking agents due to a financial inclusion project. Financial inclusion in Sub-Saharan Africa has increased from 23% in 2011 to 43% in 2017. Mobile money solutions and agent banking now offer affordable, instant, and reliable transactions, savings, credit, and even insurance opportunities in rural villages and urban neigh...

Friday@Noon on E-commerce in Africa: 2018

3Apr

By Johan BurgerNo Comments

Business, Egypt News, Kenya News, Nigeria News, Tech

Friday@Noon on E-commerce in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The growth and continuation of e-commerce in Africa has received various boosts during 2018. Africa’s leading online shopping platform, Jumia, reported in 2018 it wanted to make Egypt its biggest market on the continent, and it’s turning to Egypt’s vast network of unlicensed vendors for help. Jumia wants a 10-fold growth in revenue from Egypt and a 6-fold growth in the number of products offered on its platform by 2021. To achieve that, Jumia is urging the government to regulate informal retailers by offering them tax incentives and cheap loans that would allow them to market their goods online. The informal economy ac...

26Dec

By Africa BusinessNo Comments

African News

A company that knows how to make things look easy

By Thandisizwe Mgudlwa Alcatel-Lucent has a success story to tell. Its stories, references and activities in Africa in 2012 is a lesson for many other organizations who what to make it big on the continent. In a recently published document Alcatel-Lucent shares references, successes, achievement and activities in Africa; as well as vision of African Market and broadband according to Daniel Jaeger, Vice-President of Alcatel-Lucent in Africa. News from Algiers, Algeria reveal that broadband for Africa, realize the potential of a connected world and tackle rural inclusion. I – Alcatel-Lucent presence, activities and foot print in Africa. II- Broadband in Africa, vision and view according to Daniel Jaeger Vice-President of Alcatel-Lucent Africa. III - Alcatel-Lucent’s pres...

13Dec

By Africa BusinessNo Comments

African News

African Medical Device Market: Facts and Figures 2012

NEW YORK, Dec. 13, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: African Medical Device Market: Facts and Figures 2012 Why look at Africa? With a population of over a billion people, Africa represents a vast potential market. The political and economic picture is improving in many areas, as conflicts are brought under control, and governments show a new willingness to use export revenues to boost healthcare. Levels of external aid remain strong. While this can be a double-edged sword for the economy of the country in question, a large number of development projects are ongoing. Virtually the entire continent is wholly reliant on imports, which rose by an average of 7.5% per year in the 2006-10 period. The least-develop...