Latest news with #VodafoneEgypt
CairoScene
3 days ago
- Business
- CairoScene
‘Maaki' Program Launches to Train 1 Million Women in Digital Skills
According to MSMEDA, over 918,000 women-led projects have been previously funded by the agency, resulting in the creation of 1.2 million jobs to date. Jul 26, 2025 The Maaki (With You) initiative has been launched to train 1 million women in digital skills and entrepreneurship, with a focus on Upper Egypt and rural communities. The program is organised by the Micro, Small and Medium Enterprise Development Agency (MSMEDA), in partnership with Vodafone Egypt, Samsung Electronics Egypt, and CARE Egypt Foundation. Training includes digital literacy, online business development, and tools for micro-enterprise management. The curriculum is supported by community-level mentorship and awareness campaigns. The program rollout includes women's digital training centres and mobile units equipped to reach remote areas. Implementation partners provide technical infrastructure, educational content, and logistical support. According to MSMEDA, over 918,000 women-led projects have been previously funded by the agency, resulting in the creation of 1.2 million jobs to date.
Al-Ahram Weekly
22-07-2025
- Business
- Al-Ahram Weekly
Egypt launches ‘Maaki' initiative to train 1 million women in tech, entrepreneurship - Society
The initiative aims to economically and socially empower women, enhancing their ability to launch projects and pursue entrepreneurship, according to a statement issued by MSMEDA. Basel Rahmy, CEO of MSMEDA, affirmed the agency's commitment to expanding financial and technical services for women, especially in underserved rural areas, Upper Egypt, and border governorates. He noted that the initiative aligns with Prime Minister Mostafa Madbouly's directives to advance digital transformation and women's empowerment. According to MSMEDA, Maaki will enhance women's access to education and technology training, enabling them to benefit from the agency's services and start small enterprises, thereby contributing to economic development and community participation. Since July 2014, MSMEDA has invested EGP 17.9 billion in women-led projects, financing more than 918,000 small and micro-enterprises and creating over 1.2 million jobs nationwide, Rahmy added. Mohamed Abdallah, CEO of Vodafone Egypt and Regional CEO at Vodacom Group, described Maaki as a public-private partnership aimed at bridging the digital divide and empowering rural women—an essential step toward modernizing Egypt's countryside and integrating women into the digital economy. CARE Egypt, a key partner in the initiative, is part of a global movement to end poverty. Known for its focus on placing women and girls at the centre of its development work, the organization promotes equality, economic opportunity, and social justice. The launch of Maaki forms part of Egypt's broader national strategy to expand digital inclusion, foster innovation, and build a tech-skilled society. According to the Central Agency for Public Mobilization and Statistics (CAPMAS), women account for 52.2 million of Egypt's 107.3 million citizens, representing 48.6 percent of the total population.
See - Sada Elbalad
09-07-2025
- Business
- See - Sada Elbalad
Egypt's Mobile Operators Reroute Network Traffic After Ramses Central Office Fire
Taarek Refaat Egypt's three major mobile network operators — Vodafone Egypt, Orange Egypt, and Etisalat by e& Egypt — have begun rerouting their network traffic to alternative switching centers across the country following a fire that broke out early Wednesday at the Ramses Central Office in downtown Cairo. The fire, which disrupted core telecommunications infrastructure, prompted an immediate emergency response from telecom providers to safeguard service continuity. Key alternative hubs currently handling redirected traffic include El Obour and El Hosary switching centers, among others. Rapid Network Reconfiguration Sources within the telecom sector confirmed to The Journal that the operators activated contingency plans designed for critical outages. These measures involve the technical redistribution of voice call routing and data services (network traffic) to backup facilities to prevent widespread service degradation. 'The network load has been successfully distributed across other central exchanges with minimal impact on end users,' said a senior telecom engineer involved in the process, who requested anonymity due to lack of authorization to speak publicly. 'The goal is to maintain stability while the damaged facility is being assessed and repaired.' Fire Contained, Investigations Underway Civil defense teams were able to contain the fire without reported injuries. Preliminary reports suggest the blaze may have been caused by an electrical short circuit, but a formal investigation has been launched to determine the exact cause. While full damage assessments are ongoing, officials from Telecom Egypt, which owns and operates the national fixed-line infrastructure including the Ramses exchange, are cooperating with mobile operators to restore full capacity. Service Impact and User Experience Although no official service outage was announced, some users across Greater Cairo reported temporary disruptions in call quality and slower data speeds during the morning hours. Operators have since reassured customers that services are being restored to normal through their contingency infrastructure. Industry analysts say the incident highlights the importance of resilient digital infrastructure and the role of redundancy planning in telecom networks. 'This fire could have had a much more significant impact if not for the quick response and routing flexibility built into Egypt's telecom backbone,' one analyst noted. Looking Ahead Authorities are expected to issue a formal report on the incident in the coming days. Meanwhile, restoration efforts at the Ramses Central Office are underway, with full repairs likely to take several weeks depending on the extent of the damage. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
IOL News
14-06-2025
- Business
- IOL News
Vodacom nearly doubles customer base as African expansion fuels revenue surge
Looking ahead, Vodacom plans to integrate Vision 2030 into its operations, aiming for double-digit Ebitda growth. Vodacom has expanded its footprint across Africa as part of its Vision 2025 strategy, acquiring Vodafone Egypt and extending network connectivity into Ethiopia through a Safaricom-led consortium, CEO Shameel Joosub said in the group's annual report released on Friday. The move has helped Vodacom nearly double its customer base, from 115.5 million in 2020 to 211.3 million in 2025, including Safaricom. Revenue rose from R91 billion to R152.2 billion over the same period, while the company's profit and revenue profile increasingly reflects its broader, more diversified operations. To meet growing data demand, Vodacom invested R20.3 billion in network infrastructure during the 2025 financial year, down slightly from R20.4 billion the year before. Improved energy availability reduced the need for resilience investments, enabling the group to focus more on network expansion. Vodacom's 4G sites increased by 7.2% in 2025, bringing total network sites – including Safaricom – to nearly 48000, up from 31 000 in 2020. The company now ranks among Africa's largest tower owners. Smartphone penetration across the group reached 64% in 2025, including Safaricom customers, supporting Vodacom's broader digital inclusion efforts. The group also acquired a 5G licence in Egypt, adding to spectrum acquisitions in Mozambique, Democratic Republic of Congo, and Tanzania in 2024, and in South Africa the year before. 'This, alongside our focus on handset financing, rural coverage and digital inclusion, unlocks growth opportunities beyond mobile,' Joosub said. Looking ahead, Vodacom plans to integrate Vision 2030 into its operations, aiming for double-digit Ebitda growth. The strategy will be driven by expanding fixed and mobile connectivity, deeper smartphone and data penetration, and acceleration of digital and financial services. 'Africa's strong population growth, urbanisation trends, a more favourable GDP outlook, and a youthful population all support long-term demand for digital services,' Joosub said, while cautioning that the group remains pragmatic in managing risks. Joosub said while the group was well equipped to manage challenges within its control, it recognises the need to partner with like-minded stakeholders and participate in industry-wide cooperation and infrastructure sharing asthe sector matures. Vodacom will also continue working with partners to expand infrastructure sharing, particularly in rural and fibre networks, while scaling its "Tech for Good" platforms to support broader access and shareholder value. Executive pay and legal updates Joosub earned R39.1 million in 2025, up from R34m in 2024. Chief financial officer Raisibe Morathi received R17.3m, compared to R16.56 million a year earlier. On legal matters, Vodacom said it awaits the Constitutional Court's decision after applying for leave to appeal a February 2024 ruling by the Supreme Court of Appeal in the long-running 'Please Call Me' case. The hearing was held on November 21, 2024. Separately, the company has appealed an October 2024 decision by the Competition Tribunal blocking its proposed investment in fibre operator Maziv, part of Community Investment Ventures Holdings (CIVH). The appeal is scheduled to be heard on July 22, 2025. "Our goal is to resolve the matter amicably and reach a timely conclusion," Vodacom said. BUSINESS REPORT
CairoScene
12-06-2025
- Business
- CairoScene
WATCH: Nationwide 5G Services Launched at the Giza Pyramids
Around USD 2.7 billion has been spent on 5G spectrum licenses and infrastructure since 2019. Jun 12, 2025 Egypt officially rolled out 5G services across the country, with the National Telecommunications Regulatory Authority (NTRA) celebrating the launch at the Giza Pyramids. The launch follows significant investments by Egypt's four telecom operators—Vodafone Egypt, Orange Egypt, Etisalat Misr, and Telecom Egypt—who have collectively spent around USD 2.7 billion on 5G spectrum licenses and infrastructure since 2019.
