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
Ethio Telecomis exploring financing support from Italy’s development bank Cassa Depositi e Prestiti (CDP) for digital infrastructure projects. The...
Zambia aims to strengthen its digital policies by studying Kenya’s regulatory and technological frameworks. Officials discussed cybersecurity...
Niger is validating a national digital development strategy covering 2026–2035. The plan focuses on expanding fiber infrastructure, digital governance,...
Djezzy partners with 15 companies to develop digital services for students Initiative aims to increase demand for data and connected services Djezzy...
Most Read
01

MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...

Satellite direct-to-device telecoms: promise, momentum and hard limits
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
05

Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...

Report details land compensation for nearly 5,000 households in Uganda’s Tilenga oil project
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.