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Orange invests 29M dollars in Egypt AI firms

Orange invests 29M dollars in Egypt AI firms

Orange Global has allocated approximately $28.5 million to support startups in Egypt, focusing on artificial intelligence and advanced technologies. Additionally, the company is offering training grants to around 200,000 trainees in fields such as artificial intelligence, cybersecurity, data analysis, and cloud computing, with the opportunity to obtain internationally recognized certifications. This was announced during a meeting with Egyptian President Abdel Fattah El-Sisi to review opportunities for cooperation and to boost investment in the Egyptian market, emphasizing Egypt's goals to expand digital capacity-building programs and achieve growth in the digital economy. The two sides also reaffirmed their commitment to working in the fields of digital health and developing digital infrastructure to empower Egyptian youth and replicate this model across the region.

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