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Reading: Egyptian Commercial Service, CIT discuss promoting software exports in Africa
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Dailynewsegypt > Blog > Business > Egyptian Commercial Service, CIT discuss promoting software exports in Africa
Business

Egyptian Commercial Service, CIT discuss promoting software exports in Africa

Daily News Egypt
Last updated: 2023/01/22 at 8:32 PM
By Daily News Egypt 2 Min Read
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Egyptian Commercial Service, CIT discuss promoting software exports in Africa
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Chairperson of the Egyptian Commercial Service (ECS) Yahya Elwathik Bellah discussed on Saturday with Head of Chamber of Information Technology and Telecommunication (CIT) Khaled Ibrahim an ambitious plan to overcome obstacles that impede the development and promotion of Egyptian exports of software and information technology to African countries.

In a press statement on Saturday, the ECS said that this meeting comes within the framework of the existing cooperation between the ECS and the various state agencies to support Egyptian exports in accessing foreign markets and create new opportunities for exporters to help them reach new global markets, especially African markets, in order to increase their competitiveness capacity. In addition, increase their exports in line with the state plan to increase the volume of Egyptian exports to EGP 100bn and the strategy of the Ministry of Trade and Industry to double Egyptian exports to Africa.

Egypt’s digital exports grew during the year 2021/2022 to reach $4.9bn, compared to $4.5bn in 2020/2021, and it is intended to triple exports of this strategic sector by 2026.

Ali Pasha, Minister Plenipotentiary for Trade and Director of the Department of African Countries and Organizations at ECS; Heba Gamea, Director General of CIT; and Ahmed El Sobky, First Deputy of CIT, participated at the meeting.

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Meet Yehia Abouseif: Artist and designer hailing from Cairo and now based in New York
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Research centres define optimal investment portfolio amid high inflation
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Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
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Abu Dhabi Islamic Bank – Egypt achieves net profit of EGP 2.190bn in 2022
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