INTERVIEW: Afro Group to quadruple investments in Egyptian market over five years: CEO

  • Date: 25-Nov-2020
  • Source: Ahram
  • Sector:Economy
  • Country:Egypt
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INTERVIEW: Afro Group to quadruple investments in Egyptian market over five years: CEO

Amid the Covid-19 crisis, digital transformation has become a must for all countries across the world in order to recover better from the repercussions of the pandemic and to rebuild their economies.

In a interview with Ahram Online, Mohamed Nasr, CEO and co-founder of Afro Group, an IT solution provider and the main partner to Huawei in Egypt and Africa, illustrated how digital transformation is expected to benefit the business and investment climate in Egypt as well as the potentials of the market to fast-track this process.

He also pointed to the company's investments in Egypt and its plans to quadruple its stake in the Egyptian market to reach EGP 1 billion over the coming five years.

Ahram Online: How do you see the Egyptian market as an ICT market and the potentials it has in this regard?

Mohamed Nasr: The Egyptian market is the biggest market in the continent regarding information and communication technology (ICT) with a great population that is a potential for the industry. The Egyptian government is making significant efforts in the area of advancing the investment climate, as well as in digital transformation.

Such efforts are paving the way for service providers in