• About Us
  • Contact Us
Thursday, June 30, 2022
Sada El balad
Supervisor
Elham AbolFateh
Editor in Chief
Mohamed Wadie
  • Home
  • News
  • Business
  • Schools & Universities
  • Arts & Culture
  • Entertainment
  • Hospitality
    • Food & Beverage
    • Travel & Tourism
    • Lodging
    • Recreation
  • Sports
  • MORE
    • Lifestyle
    • Opinion & Analysis
    • Technology
    • In-depth
    • Videos & Features
  • صدي البلد جامعات
  • صدي البلد عقارات
No Result
View All Result
  • Home
  • News
  • Business
  • Schools & Universities
  • Arts & Culture
  • Entertainment
  • Hospitality
    • Food & Beverage
    • Travel & Tourism
    • Lodging
    • Recreation
  • Sports
  • MORE
    • Lifestyle
    • Opinion & Analysis
    • Technology
    • In-depth
    • Videos & Features
  • صدي البلد جامعات
  • صدي البلد عقارات
No Result
View All Result
Sada El balad
Supervisor
Elham AbolFateh
Editor in Chief
Mohamed Wadie

Egypt attracts big share of e-commerce in Africa

Yassmine Elsayed by Yassmine Elsayed
1:50 PM September 1, 2018
Egypt attracts big share of e-commerce in Africa
Share on FacebookShare on Twitter

SEE – September 1st: Foreign commerce experts expect that Egypt is already attracting a big share of e-commerce in the African continent in 2018.

According to the business consulting firm Frost & Sullivan, Africa’s e-commerce market is projected to reach 50 billion US dollars in 2018. The bulk of this growth has been in Africa’s hub economies, including Egypt.

 

In further attempts to expand the country’s e-commerce sector, Egypt revealed a plan to double the number of businesses selling products and services online by 2020 at the United Nations Conference on Trade and Development (UNCTAD) in Geneva.

 

“This has become one of the priorities by the government recently, to direct people to the online market, especially that the number of Egyptians who log onto the internet has reached 80 million. It’s very promising and growing fast,” said Mohy Abdel Salam, a financial consultant at Bayt El Khebra Group – a private company operating within the diversified financial sectors.

Advertisements

 

To reach its potential, the Egyptian Ministry of Telecommunication has promised to provide wider and faster access to postal services as well as cheaper, high speed internet and improved 4G services for mobile users.

 

The government hopes to build the culture of online shopping and finance in Egypt. And experts hope the state’s plan for 2020 would encourage more youths to set up online companies and shops.

 

“The government is now beginning to pay all its salaries to state employees online and is transferring all payments for administrative services such as car license renewals or tax and tariff payments to be online as well. This would create a culture of online finance and serves electronic trade industry,” Salam said.

Related Posts

Gold Prices Fall by EGP 306 during 2nd Quarter of 2022
Business

Gold Prices Fall by EGP 306 during 2nd Quarter of 2022

June 30, 2022
Report: Europe's Gas Crisis May be Egypt's Huge Windfall
Economy

 Russia Announces   Withdrawal of   Forces to Facilitate  Transport of Ukrainian Grain abroad

June 30, 2022
Egypt, USAID Launch New Program to Shape Climate Change Battle
Economy

EFSD to Support Egypt in Achieving Its 2030 Agenda

June 30, 2022
Egypt, USAID Launch New Program to Shape Climate Change Battle
Economy

Egypt, USAID Launch New Program to Shape Climate Change Battle

June 30, 2022
UNDP Calls on Arab States to Strengthen Capacities
In-depth

UNDP Calls on Arab to Strengthen Capacities to Cope with Future Disasters

June 30, 2022
Egypt Ranks 1st African Country in Sugar Production
Economy

Egypt Ranks 1st African Country in Sugar Production

June 30, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Stories

Uzbekistan Draft Constitutional Law Submitted for Public Discussion
LATEST STORIES

Uzbekistan Draft Constitutional Law Submitted for Public Discussion

by NaDa Mustafa
June 25, 2022
0

The draft Constitutional Law “On Amendments and Additions to the Constitution of the Republic of Uzbekistan” has been submitted for...

Tesla Lays off 200 Autopilot Employees in California

Tesla Lays off 200 Autopilot Employees in California

June 29, 2022
Biden, Johnson Congratulate Sweden, Finland, Turkey on NATO Agreement

Biden, Johnson Congratulate Sweden, Finland, Turkey on NATO Agreement

June 29, 2022
R. Kelly

R. Kelly Sentenced to 30 Years in Prison

June 30, 2022
Second Rocket Attack Targets UAE's Dana Gas in Northern Iraq

Second Rocket Attack Targets UAE’s Dana Gas in Northern Iraq

June 24, 2022

We Chose for You

Uzbekistan Draft Constitutional Law Submitted for Public Discussion
LATEST STORIES

Uzbekistan Draft Constitutional Law Submitted for Public Discussion

by NaDa Mustafa
June 25, 2022
0

The draft Constitutional Law “On Amendments and Additions to the Constitution of the Republic of Uzbekistan” has been submitted for...

Tesla Lays off 200 Autopilot Employees in California

Tesla Lays off 200 Autopilot Employees in California

June 29, 2022
Biden, Johnson Congratulate Sweden, Finland, Turkey on NATO Agreement

Biden, Johnson Congratulate Sweden, Finland, Turkey on NATO Agreement

June 29, 2022
R. Kelly

R. Kelly Sentenced to 30 Years in Prison

June 30, 2022
Second Rocket Attack Targets UAE's Dana Gas in Northern Iraq

Second Rocket Attack Targets UAE’s Dana Gas in Northern Iraq

June 24, 2022
  • News
  • Antiques
  • Travel & Tourism
  • Business
  • Youth & Education
  • Sports
  • Arts & Culture
  • Lifestyle
  • Technology
  • Entertainment
  • Videos & Features
  • Opinion & Analysis

© 2019 see news -powered by 3a digital.

No Result
View All Result
  • Home
  • News
  • Business
  • Schools & Universities
  • Arts & Culture
  • Entertainment
  • Hospitality
    • Food & Beverage
    • Travel & Tourism
    • Lodging
    • Recreation
  • Sports
  • MORE
    • Lifestyle
    • Opinion & Analysis
    • Technology
    • In-depth
    • Videos & Features
  • صدي البلد جامعات
  • صدي البلد عقارات

© 2019 see news -powered by 3a digital.