Jumia, Africa’s leading e-commerce platform, today announced the appointment of Lionel Mobi as Chief Executive Officer of Jumia Egypt. Lionel brings over a decade of experience within Jumia, having held several leadership roles across key African markets, including Cameroon, Ghana, and Senegal. Most recently, he served as CEO B2C of Jumia Egypt since December 2024 where he spearheaded strategic initiatives to broaden product access and optimize the customer shopping experience nationwide. Prior to that, he was the CEO of Jumia Senegal, where he successfully led the business through a phase of operational strengthening and growth. In his new role, Lionel…
Author: nour mohamed
On behalf of H.E. Prime Minister Dr. Mostafa Madbouly, H.E. Eng. Raafat Hindy, Minister of Communications and Information Technology, officially inaugurated talabat’s largest quick commerce distribution center in the Middle East and North Africa. The launch marks a significant step in advancing Egypt’s digital economy and strengthening its logistics infrastructure. The inauguration was attended by H.E. Eng. Raafat Hindi, Minister of Communications and Information Technology, alongside H.E. Mr. Ahmed Kouchouk, Minister of Finance, H.E. Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade, and H.E. Eng. Khaled Hashem, Minister of Industry, in addition to senior government officials and the…
In a new expansion move reflecting its global ambitions, MO Group, a confectionery and chocolate manufacturer, announced the launch of its products in new markets including Haiti and the Dominican Republic for the first time in the Caribbean region. Hamdy El-Abrak, Chairman of MO Group, said the company is moving forward with its expansion strategy, noting that entering markets such as Haiti and the Dominican Republic marks a significant milestone in its international footprint, particularly as these countries are being added to the group’s portfolio for the first time. El-Abrak added that the group has already established a presence in…
A new milestone in Egypt’s offshoring industry was marked with the inauguration of Alshaya Group’s first Offshoring Global Talent Center in Cairo, coinciding with the Group’s 20-year presence in the Egyptian market. Eng. Ahmed Elzaher, Chief Executive Officer of the Information Technology Industry Development Agency (ITIDA), inaugurated the center in the presence of Mr. John Hadden, Chief Executive Officer of Alshaya Group, Eng. Mahmoud Sofrata, Vice President of ITIDA; Mr. Paul Morris, Chief Customer and Technology Officer; and Ms. Janset Hussein Kasht, Country Manager, Egypt. The new center delivers a comprehensive range of offshore business services, including contact center operations,…
Huawei and AIS have officially signed a Memorandum of Understanding (MOU) to collaborate on the local manufacturing of Grid-Forming Battery Energy Storage Systems (BESS) in Egypt. This strategic partnership marks a key step in supporting Egypt’s national objectives to drive local manufacturing, accelerate the development of grid-connected energy storage, and contribute to the country’s sustainable energy future. The MOU demonstrates the strong commitment of both Huawei and AIS to Egypt’s vision of becoming a regional hub driven by advanced energy technologies. By establishing local manufacturing capabilities, AIS and Huawei aim to strengthen supply chain resilience, create high-quality employment opportunities, and…
At the prestigious NAB Show 2026, SanDisk has once again set a new benchmark in professional imaging by unveiling its latest generation of high-performance memory solutions. The announcement, headlined by the cutting-edge SanDisk Extreme PRO® CFexpress 4.0 Type B and refreshed SDXC™ UHS-II V60 and V90 lines, marks a significant leap in storage technology. Offering capacities of up to 4TB and unprecedented transfer speeds, these innovations are designed to meet the rigorous demands of modern cinema and photography workflows. The launch comes at a pivotal moment for the production industry, as the shift toward 6K, 8K, and even 12K resolution…
In a major step to advance Egypt’s role as a regional AI hub, Orange Egypt has signed a strategic Memorandum of Understanding (MoU) with Paragon | Adeer to launch an “AI Campus” at Sumou Boulevard, in partnership with Plug and Play, marking a pioneering initiative across the Middle East and Africa. The MoU was signed at the Grand Egyptian Museum, in the presence of officials from the Ministry of Communications and Information Technology, along with industry leaders and partners. The initiative supports Egypt’s Vision 2030 by creating an integrated digital ecosystem and strengthening the country’s position as a hub for…
CFI Financial Group, a globally recognized leader in online trading services, including access to local equity markets, has appointed Amr Abdelbaky as the new Chief Executive Officer of CFI Egypt for Brokerage and Securities and Bonds Trading (CFI Egypt). The move reinforces the Group’s focus on strengthening its local presence and advancing its offering in the Egyptian market. CFI Egypt’s core mission is to provide domestic traders and investors with direct access to the local market. Through the platform, traders can access over 200 EGX-listed stocks, including major names like CIB, QNB ALAHLI, and Telecom Egypt, with some of the…
Fortinet, the global cybersecurity leader driving the convergence of networking and security, will host its highly anticipated Fortinet Security Day Egypt 2026 on April 28, 2026, at the National Museum of Egyptian Civilization. The event will bring together industry leaders, policymakers, technology innovators, and security decision-makers for an exclusive evening of thought leadership, strategic discussions, and celebration of Fortinet’s 20-year journey in Egypt. The event features pre-conference workshops beginning at 4:00 pm, offering attendees practical, forward looking sessions on AI Powered Threat Intelligence for an Evolving Digital World, The Evolution of Security Operations, Secure Access for Modern Organizations, Driving Business…
Orange Egypt, in strategic collaboration with The American University in Cairo (AUC), successfully hosted the 7th edition of the Harvard Health Systems Innovation Lab (HSIL) Hackathon, organized by the Harvard T.H. Chan School of Public Health. Held on April 10–11, 2026, the landmark event took place in Egypt, marking its first-ever edition in North Africa. The hosting of this globally recognized initiative underscores the growing international confidence in Egypt’s capabilities and in the potential of its youth, while further consolidating the country’s position as an emerging regional hub for digital health innovation. The hackathon also provided a dynamic platform that…
Jotun Egypt recently welcomed His Excellency Erik B. Husem, the Norwegian Ambassador to Egypt, for his first official visit to the company’s newest and most technologically advanced factory. The visit underscores Jotun’s sustained commitment to Egypt’s economy and its strategic ambition to support the country’s ongoing growth and immense market potential. The visit provided an opportunity to showcase Jotun’s new state-of-the-art factory, opened in 2024, which stands today as one of the most advanced paint production facilities in Egypt. Operating with an annual production line capacity of 72 million liters in 1 shift and employing approximately 450 professionals, the facility…
Salesforce , the world’s #1 AI CRM, announces the availability of Agentforce across Salesforce Suites in the Gulf Cooperation Council (Middle East), making enterprise-grade artificial intelligence accessible to small and medium businesses at no additional cost and with no technical setup required. This feature arrives as governments across the Middle East accelerate efforts to build private-sector led economies in which the competitiveness of small businesses is no longer a secondary consideration but a primary driver of national growth. Across the Middle East, SMEs constitute the overwhelming majority of registered businesses and are central to the region’s economic diversification agenda. With…
Games for Change, in partnership with Tencent Games, today announced the launch of a new programme that builds on the Raising Good Gamersinitiative,designed to help families engage more confidently with the role video games play in young people’s lives. With 3.3 billion people playing video games worldwide, video gaming is now a central part of everyday life – reinforcing the need for more informed, evidence‑based and balanced dialogue around play.This is particularly relevant in fast-growing digital markets such as the Middle East, where tens of millions of players across Saudi Arabia, the UAE and Egypt are part of one of…
Visa, a global leader in digital payments, invite Fintech innovators based in Africa to apply for Cohort 6 of the Visa Africa Fintech Accelerator. The deadline for applications is May 17, 2026 on Visa Accelerator | Visa. This announcement comes on the back of a spotlight on 18 high-growth fintech startups from 10 African countries at the Visa Africa Fintech Accelerator Cohort 5 Demo Day, held during GITEX Africa in Marrakech. Marking a major milestone for the program, Visa also announced that the accelerator has now supported more than 100 startups across the continent since launch, underscoring its growing role…
Freedom Telecom International (FTI), a subsidiary of Freedom Holding Corp. (FRHC), and global technology group e& have entered into an agreement establishing a structured framework to capture business opportunities worldwide. e& international’s Khaled Hegazy and FTI’s Johannes Hummer signed the agreement during MWC26. The arrangement creates a platform for the two organizations to engage a wider circle of telecom operators and contribute to their growth, while maintaining full operational independence. e& brings diverse telecom expertise gathered throughout its operating footprint, such as advanced capabilities in commercial optimization, digital transformation, and large-scale operational execution. FTI, through its parent Freedom Holding Corp.,…
Kaspersky posted positive sales results that grew by 4% year-on-year (YoY) and approached USD 836 million in 2025. This expansion was principally driven by a 16% YoY sales growth of the company’s B2B product portfolio. In the Middle East the company reported 23% growth in the B2B sales, and 39% growth in the B2C sales. In 2025, Kaspersky’s business development progressed against the backdrop of persistent cyberthreat landscape evolution, with the average daily number of malicious files detected by the company reaching half a million. Kaspersky continued advancing its cybersecurity product portfolio in the past year, issuing more than 560…
Aligning with its role as a strategic partner in supporting digital transformation across vital sectors, Mideast Communication Systems (MCS), in collaboration with the Ministry of Petroleum and Mineral Resources, announced the signing of a Memorandum of Understanding (MoU) aimed at enhancing digital capabilities and developing qualified human capital in cybersecurity within the petroleum sector. The MoU was signed by Eng. Wael Lotfy, Deputy Minister for Projects at the Ministry of Petroleum and Mineral Resources, and Eng. Tarek Shabka, Chairman of MCS. The partnership reflects the shared vision of both parties to develop a secure and sustainable digital environment that supports…
Twist, a fast-growing digital entertainment platform, has announced the launch of its new “Library Import” feature, designed to allow users to seamlessly transfer their music playlists from other streaming platforms directly to their Twist accounts. The new feature is introduced through a partnership with Free Your Music, a company specializing in secure and scalable music data connectivity. Through this collaboration, Library Import removes one of the biggest barriers users face when switching platforms, the need to recreate playlists manually, allowing them to transfer their music libraries across streaming services with high accuracy and minimal friction. Free Your Music’s technology is…
Huawei released its 2025 Annual Report, reporting financial performance in line with company forecasts, with USD126 billion in revenue and USD9.7 billion in net profit. Demonstrating its continued commitment to innovation, Huawei invested USD27.5 billion into R&D, which accounted for 21.8% of its annual revenue in 2025. The company’s R&D investment over the past decade amounts to USD197.7 billion, reinforcing its long-term focus on innovation and technological advancement. This commitment is further reflected in its talent and intellectual property strength, with approximately 114,000 employees—representing 53.7% of the workforce—dedicated to R&D, and a global portfolio of 165,000 active granted patents as…
Influence Group, a leading strategic communications and public relations agency, announced the launch of “Influence Academy”, building on more than 20 years of experience in training and developing leaders, including ministers, chairpersons, and senior executives across major institutions. The Academy introduces a modern approach to leadership development based on a Business Coaching model, designed to build well-rounded leaders through a seamless integration of knowledge and practical application. This approach combines a range of advanced disciplines and methodologies, including the use of artificial intelligence “AI” in analysis and training, alongside psychology, performance techniques, and dialogue management. Together, these elements aim to…