Egypt sets digitalization strategy; Mizuho eyes security tokens [Video]

Egypt has unfurled plans to increase the size of its bet on emerging technologies as it eyes regional supremacy in artificial intelligence (AI) and IT sectors.

According to a report by Egypt Today, high-ranking officials presented a blueprint to President Abdel Fattah El-Sisi on the actionable steps to be taken to achieve national targets. Communications Minister Amr Talaat led the presentations focusing on the outsourcing industry and seeking the integration of next-gen technologies.

Talaat centered his submission on the need to revolutionize the communications sector to improve the national digitization drive. For the Minister, an overhaul of the current internet infrastructure to meet world-class standards will see Egypt leapfrog its peers in the Middle East.

Prime Minister Mostafa Madbouly reiterated Talaat’s claims, adding that concrete steps should be taken to achieve the ambitious targets in the coming months. Madbouly makes a case for local and international investments in Egypt’s communications sector, but the government will …