News Industry

Oppo Launches $50 Million Smartphone Plant in Egypt

Oppo Launches $50 Million Smartphone Plant in Egypt
Monday, 27 October 2025 07:04
  • Oppo invests $50 million in a new smartphone factory employing ~2,000 workers.
  • Egypt enforces import taxes and digital customs tools to push local manufacturing.
  • The plant targets 500,000 units per month by 2026.

Chinese technology company Oppo has opened a smartphone manufacturing plant in Egypt as part of a $50 million investment plan to expand its production footprint.

The facility is located in 10th of Ramadan City near Cairo. It covers 24,000 square meters and already employs about 2,000 workers. Oppo targets a monthly production capacity of 500,000 units by 2026.

The government signed a memorandum of understanding with Oppo in September 2022 to develop the project. Egypt wants to reduce its reliance on imported electronics and increase exports under its “Egypt Makes Electronics” industrial strategy.

The authorities have enacted import duties to encourage local manufacturing. The National Telecommunications Regulatory Authority introduced a 5% tax on imported phones in 2020. The government launched the “Telephony” app in early 2025 to improve tax collection by requiring online registration and payment of a levy equal to 38.5% of a device’s purchase price.

Other global companies, including South Korea’s Samsung and the United States’ Black & Decker, have signed similar agreements to build factories in Egypt. Officials aim to position the country as a regional high-tech production hub, leveraging skilled labor and investment incentives.

This article was initially published in French by Adoni Conrad Quenum

Adapted in English by Ange Jason Quenum

 

On the same topic
Gold Fields will transfer the Damang mine to the Ghanaian state on April 18 after a one-year transition period. A feasibility study confirms the...
Sonatrach to begin drilling at Kafra block in Niger Operations target oil potential across 23,737 sq km area Project revives 2018 discovery with...
Rockefeller, GEAPP commit over $100 million to Mission 300 initiative Funds support electrification planning, coordination, and investment...
Burundi solar project gets funding boost, two-year extension for expansion Plan includes 12,000 solar systems, monitoring across 700 public...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
03

MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....

MTN Zambia Links Mobile Money to Bank POS in New Partnership
04

UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...

UBA, British International Investment explore Africa trade finance deal
05

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
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.