Following the internal conflict that Libya has experienced, its technology and telecoms sector has been largely damaged. The government therefore seeks to revive the sector to keep the pace with global digital transformation.
The Egyptian Minister of Communications and Information Technology, Amr Talaat, and Faisal Ahmed Qarqab, chairman of the Libyan Telecoms Holding Company, discussed yesterday the implementation of cooperation between Egypt and Libya in the ICT and postal sectors. The two men agreed on the formation of a joint working team that will develop a collaboration plan as well as a schedule for the implementation of cooperation projects.
According to Amr Talaat, the initiative will help restore the Libyan telecom and ICT market. It will focus on various segments including the development of digital infrastructure, digital transformation, postal services, capacity building, development of digital skills of youth in various communication sciences and information technology, development of the legal framework of the ICT sector, and training of Libyan workers in cybersecurity.
Last April, the Egyptian Prime Minister Mostafa Madbouly paid a working visit to the Libyan capital Tripoli. During his stay, he had materialized the commitment of Egypt to support Libya in the reconstruction of its ICT sector by signing three cooperation agreements. The exchanges between Amr Talaat and Faisal Ahmed Qarqab are part of this commitment.
Egypt will grant Libya its expertise to improve access to quality telecom services for the population and increase the financial contribution of the sector to the state's finances. This is expected to foster the return of international financial exchanges via mobile and online as well as the attraction of new investors.
Muriel Edjo
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Libya oil output reaches 1.43 million barrels per day Production nears pre-2011 levels as operations stabilize Oil dominates economy,...
29 African currencies weaken amid Middle East war, oil surge Rising import costs, debt pressures fuel inflation, food risks Institutions urge...
Morocco renewable capacity doubles to 4,851 MW by 2025 Wind leads growth; solar expands, hydropower remains stable High energy import...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expand into banking, intensifying competition with...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...