Tech

American risk management solutions provider Archer opens business in Egypt

Published

7 months ago

May 19, 2024

American risk management solutions provider, Archer, has announced expanding its operations to Africa with Egypt as the first point of call.

While opening the Archer Integrated Risk Management (IRM) office in New Cairo, Egyptian Minister of Communications and Information Technology Amr Talaat, said the company couldn’t have chosen a more appropriate location for its business than the North African country.

The opening ceremony witnessed the presence of key dignitaries including Ahmed Elzaher, CEO of the Information Technology Industry Development Agency (ITIDA), Sarah Kahler, Senior Director of Business Operations at Archer IRM and a member of the company’s Executive Leadership Team, Matt Tinsley, Senior Director of Global Services at Archer IRM, Rasha El Kaliouby, Director and General Manager at Archer IRM in Egypt, alongside officials from the Ministry of Communications and Information Technology (MCIT), Archer in the United States (US), and various markets.

The Minister said the inauguration of the Archer IRM office at Cairo Festival City Business Park aligns with the company’s expansion strategy to bolster its presence in the Egyptian market.

Archer had last year, earmarked Cairo as the location for Archer’s first office in the Middle East.

The company said it aims to expand its operations from its Egyptian base into other countries in the continent and currently, the office boasts a team of over 140 talented employees specializing in engineering, research and development (R&D), technical support, sales, pre-sales, marketing, and customer services in more than nine languages, among other professional services.

In his remarks, the Egyptian ICT Minister emphasized that the efficiency and ability of Egyptian youth to harness technology contributed to making the ICT sector the fastest-growing state sector nationwide for five years in a row and an attractive destination for investments by ICT multinationals.

He underlined that Archer IRM office opening and planning to expand its operations in Egypt come as part of the efforts to develop Egypt’s capabilities in the outsourcing industry and attract multinationals to establish their outsourcing centers, run by Egyptian youth specializing in various ICT disciplines.

Related Topics:Archer Egypt Featured Risk Management

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Tech

Facebook returns to Uganda after 4-year ban

Published

18 hours ago

December 24, 2024

Isaac Dachen

After four years of being in the cooler as a result of suspension by government, Facebook, now Meta, is making a return to Uganda after prolonged negotiations saw the Ugandan government reverse the ban it placed on the platform since 2021.

The suspension of the social media platform had stemmed from accusations by the government that Facebook was meddling in the country’s political affairs during the 2021 presidential elections which arose after it deleted government-affiliated accounts for allegedly spreading disinformation.

This ban of Facebook has led to widespread disruptions across the nation, affecting not only political discourse but also personal connections and business operations.

But according to reports, with a potential re-launch on the horizon for December 2024, Facebook’s comeback could be a game-changer with approximately 2.5 million Ugandans poised to reconnect on the platform, while the Uganda Revenue Authority stands to gain financially from its revival just as businesses, especially smaller enterprises, stand to benefit from advertising incomes.

Tech

20 African tech-preneurs embark on Korean innovation tour

Published

3 days ago

December 22, 2024

Isaac Dachen

The African Development Bank Group’s Innovation and Entrepreneurship Lab has selected 20 promising tech entrepreneurs from various African technology ventures and enterprise support organisations to embark on a two-week study tour of the Republic of Korea, with the aim of seeking investment and insights from the country’s innovative tech ecosystem.

The selected entrepreneurs are from 133 ventures that participated in last month’s Africa Tech Startup Forum.

The forum which will hold under the auspices of the lab’s “Leveraging the Entrepreneurial and Innovation Success of Korea to Strengthen African Enterprise Support” project, had selected entrepreneurs who pitched the best business models during the week-long virtual market access and acceleration programme preparing, training, and connecting technology ventures with opportunities.

The 20 young tech-preneurs were selected from eight African countries including Nigeria, Egypt, Ghana, Kenya, Morocco, Rwanda, South Africa, and Uganda, with the delegates spanning various sectors in the technology space.

While in Korea, the African delegates will pay visits to prestigious institutions such as Global Startup Centre, LG Science Park, the Korea Software Technology Association, and the Global Digital Innovation Network.

Speaking on behalf of the delegates, founder of Kenya-based health technology venture Zuri Health, Uche Ezadinachi said:

“I am excited to go to Korea because the country has made serious technological developments. The country is a technology-driven society, and this tour is an opportunity for me to see how we can bring such technology to Africa.

“We will share experiences with our Korean counterparts; they will learn from us as much as we learn from them,” he added.