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Prime Minister Dr. Mostafa Madbouly attends the inauguration of Jumia Egypt's largest warehouse
Prime Minister Dr. Mostafa Madbouly attends the inauguration of Jumia Egypt's largest warehouse

Zawya

time29-06-2025

  • Business
  • Zawya

Prime Minister Dr. Mostafa Madbouly attends the inauguration of Jumia Egypt's largest warehouse

The new warehouse spans 27,000 square meters and provides 10,000 job opportunities throught the e-commerce ecosystem The warehouse represents a pivotal step in strengthening Jumia's operational and services . In a new move that reflects its strong commitment to the Egyptian market, Jumia, the leading e-commerce platform in Africa, has inaugurated its latest integrated warehouse in Egypt, located on the Suez Road. The inauguration was attended by Dr. Mostafa Madbouly, Prime Minister of Egypt; Dr. Amr Talaat, Minister of Communications and Information Technology; and Dr. Ibrahim Saber, Governor of Cairo. The new warehouse covers an area exceeding 27,000 square meters and serves as an integrated logistics center aimed at enhancing storage and distribution efficiency, accelerating delivery across all governorates, particularly in Upper Egypt. This warehouse marks one of Jumia's largest investments in Egypt and reaffirms the company's strong confidence in Egypt's economic and logistical position on the African continent. This new investment is a pivotal step in enhancing Jumia's production and service capabilities. The warehouse boasts a strategic location and large capacity, enabling it to accommodate thousands of products across various categories. It is equipped with the latest smart management and storage systems, contributing to faster order processing and improved customer satisfaction. The facility is a cornerstone of Jumia's logistics network, supporting future expansion plans and providing a robust infrastructure to serve sellers and consumers more efficiently—aligned with the company's ongoing commitment to delivering high-quality services and advancing Egypt's digital economy. The investment also supports local products and manufacturing by offering customized solutions for Egyptian merchants and manufacturers through Jumia's platform. Jumia announced that the new warehouse is expected to create up to 10,000 direct and indirect job opportunities through the ecosystem in the coming years, enhancing the company's role in supporting the national economy and empowering Egyptian youth. Prime Minister Dr. Mostafa Madbouly praised Jumia's successes in the Egyptian market over the past years, now crowned by this new warehouse investment. He stated: "We welcome this move by Jumia, which reflects the trust that major global companies have in Egypt's investment climate. We look forward to more partnerships that support the state's goals in digital transformation, the development of logistics infrastructure, and the provision of job opportunities for Egyptian youth." Mr. Abdel Latif Olama, CEO of Jumia Egypt, expressed his happiness with the visit and the Egyptian government's interest in promising companies like Jumia. He stated: "We are proud of this achievement, which reflects Jumia's long-term investment commitment in Egypt. We view Egypt as a strategic hub for our operations in the region. This warehouse represents a qualitative leap in the level of services we provide to our customers and partners, and it supports our vision of becoming an integrated platform that combines technology and logistics across the continent. It will also contribute to our growth in the Egyptian market." This expansion supports Jumia's advanced tech operations in Egypt, which hosts one of the group's largest technology centers in Africa. This contributes to developing smart supply chain solutions and enhancing the customer experience. Egypt is one of Jumia's largest technology hubs, home to a distinguished group of engineers and developers working on digital solutions and smart logistics systems to support operations across various African countries. During the event, Engineer Abdel Latif Olama presented a detailed presentation highlighting Jumia's achievements in the Egyptian and African markets, along with the company's future plans, reaffirming the strategic importance of Egypt as a key operational hub in the region. The Prime Minister also met with Jumia's team, who gave him a detailed explanation of the e-commerce logistics operations within the warehouse, providing him with first-hand insight into how orders are managed and fulfilled—from receiving to shipping to customers across the country. The warehouse inauguration is part of a broader strategic expansion plan being implemented by Jumia to enhance its infrastructure across the continent, contributing to accelerated growth. Similar facilities have already been launched in Ivory Coast, Nigeria, Ghana, and Morocco, further cementing Jumia's position as a key partner in driving digital transformation and economic development in Africa.

Egypt reinforces cybersecurity leadership at CAISEC'25
Egypt reinforces cybersecurity leadership at CAISEC'25

Zawya

time30-05-2025

  • Business
  • Zawya

Egypt reinforces cybersecurity leadership at CAISEC'25

- Strategic Platform for Regional Integration and a Secure Digital Future Cairo, Egypt – Egypt has once again demonstrated its leadership in the cybersecurity domain by successfully hosting the fourth edition of the Cyber and Information Security Exhibition and Conference (CAISEC'25) on May 25–26. Held under the high patronage of H.E. Dr. Mostafa Madbouly, Prime Minister of Egypt, the two-day forum brought together an unprecedented 5000 participants, 180 expert speakers, 9 Egyptian ministers, and 6 heads of Arab cybersecurity agencies, underscoring the event's critical role in shaping the region's digital future. Inaugurated by H.E. Dr. Amr Talaat, Minister of Communications and Information Technology, on behalf of the Prime Minister, CAISEC'25 served as a high-level platform for collaborative dialogue around securing critical infrastructure, building digital sovereignty, and enhancing regional cybersecurity integration. 'Cybersecurity is no longer a technical function—it is a national priority. Egypt is committed to strengthening its frameworks, developing local talent, and leading regional cooperation to ensure a secure and sustainable digital future,' said Dr. Talaat during the opening keynote. Unprecedented Governmental and Institutional Engagement CAISEC'25 witnessed wide-ranging participation from Egyptian government leaders and institutional stakeholders. Nine ministers attended the event, emphasizing the importance of cybersecurity to Egypt's Vision 2030 across key sectors. Attending ministers and officials included: H.E. Dr. Khaled Abdel Ghaffar – Deputy Prime Minister for Human Development and Minister of Health and Population H.E. Dr. Ayman Ashour – Minister of Higher Education and Scientific Research H.E. Dr. Sherif Farouk – Minister of Supply and Internal Trade H.E. Mr. Mohamed Abdel Latif – Minister of Education H.E. Mr. Mohamed Gebran – Minister of Labor H.E. Mr. Ahmed Kouchouk – Minister of Finance H.E. Dr. Rania Al-Mashat – Minister of Planning, Economic Development and International Cooperation H.E. Dr. Ahmed Hanno – Minister of Culture Mr. Mohamed Farid, – Chairman of the Financial Regulatory Authority (FRA) Eng. Mohamed Shamroukh – Executive President of the National Telecommunications Regulatory Authority of Egypt (NTRA) · Mr. Walid Zakareya – Director General, EG-CERT Their presence reflected a unified national commitment to fortify Egypt's digital infrastructure and ensure sector-wide cybersecurity readiness. Regional Leadership and Arab Cyber Solidarity The conference also drew six heads of national cybersecurity authorities from across the Arab world, including: Supreme Cybersecurity Council – Egypt National Cybersecurity Agency – Qatar National Cybersecurity Center – Bahrain Computer Emergency Response Center – Egypt National Telecommunications Regulatory Authority (NTRA) Arab Organization for Industrialization (AOI) These leaders, alongside 180 distinguished speakers, shared insights on regional integration, cyber resilience, and policy innovation. Notably: Dr. Mohamed Hamad Al-Kuwaiti, Head of Cybersecurity, United Arab Emirates, emphasized cross-border digital defense. Noura Al-Fotais, Founding Secretary General of the Arab Cybersecurity Association, called for a unified Arab cybersecurity pact. Mohamed Ben Amor, Director General of the Arab ICT Organization (AICTO), highlighted the regional urgency, noting that the average cost of a cyber incident in the Arab region reached $8.75 million in 2024 more than double the global average. Recognizing Excellence and Driving Innovation CAISEC'25 also spotlighted innovation and achievement, awarding the Arab Award for Best Academic Research in Cybersecurity and AI, in collaboration with the League of Arab States. The AICTO Cybersecurity Shield was presented to top-performing Arab nations, including Egypt, UAE, Qatar, Oman, Bahrain, and Jordan. Strategic Roundtables and Industry Engagement The event hosted exclusive closed-door roundtables on key themes including: Critical Infrastructure Under Cyber Siege HealthTech Innovation & Security Empowering Cybersecurity Startups in Egypt AI in Banking Security – led by Cisco Vendor Security Assessments – led by Cyshield As part of its ongoing commitment to fostering strategic dialogue on cybersecurity, Orange Business Talk returned to CAISEC for its second exclusive edition, hosting a powerful session featuring Greg Van Der Gaast — a globally recognized cybersecurity strategist, former hacker, and operative for the U.S. Department of Defense and FBI. Known for his unconventional, results-driven approach to cyber defense, Van Der Gaast delivered a provocative talk titled 'Security Without Fear: Rebuilding Trust in the Age of Digital Chaos.' Opening Remarks by Ossama Kamal In his opening remarks, Mr. Osama Kamal, Chairman & CEO of Mercury Communications- the organizing company behind CAISEC'25- highlighted the urgency of cybersecurity acceleration. He pointed to recent cyberattacks on healthcare, energy, and financial institutions globally and regionally, underscoring a 214% increase in cyberattack targets over the past 18 months. He warned of significant gaps in cyber readiness and emphasized Egypt's need to protect over 150 digital government services. Kamal called for investing in human capital, closing the cybersecurity skills gap, and placing security at the heart of the digital transformation strategy. He urged for a unified regional approach to cyber risk, fostering innovation to secure critical digital assets, and empowering executive leadership to build resilient economies through robust cybersecurity frameworks. Key Recommendations from CAISEC'25 The event concluded with four strategic recommendations: 1. Combating AI-Powered Threats Launch deepfake and phishing detection tools using AI Enforce biometric multi-factor authentication Establish a national phishing threat intelligence center 2. Developing Future Cybersecurity Leaders Integrate cyber education into school curricula Align higher education with industry needs Empower women in cybersecurity through inclusive policies 3. Strengthening National Policies and Regional Cooperation Enforce breach disclosure laws Create public-private cyber intelligence alliances Support local cybersecurity R&D 4. Enhancing Public Awareness and Digital Literacy Launch national awareness campaigns and youth programs Develop cybersecurity content for children and universities Establish a National Cybersecurity Innovation Award About CAISEC Egypt Cyber and Information Security Exhibition and Conference (CAISEC) is the leading expo for the cybersecurity community. Top cybersecurity enterprises, CISOs from major corporations across the Middle East and Africa, government dignitaries and cyber leaders, regional and international delegations and global experts will come together to decisive lead cybersecurity transformations across sectors and nations. The objective of CAISEC is to provide a world-class platform that stimulates knowledge sharing, collaboration and networking between all stakeholders to drive digital transformation and build a safe cyberspace for all.

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