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ACT CEO Mohamed Tawfiq on $10M Africa-Asia Expansion
Advanced Computers Group ACT intends to expand its regional presence by investing $10 million in African and Asian markets, focusing on seizing opportunities in the government, hotel, telecommunications, and oil sectors. The company achieved a growth rate of approximately 70% to 75% in its business volume during the first half of 2026, with revenues surpassing 2 billion Egyptian pounds in the Egyptian market and $10 million from international markets. The company plans to expand into cybersecurity, artificial intelligence, and data center projects, while also exploring the possibility of issuing part of its shares on the Egyptian stock exchange to support its future growth.
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