ELCC is Egypt’s leading organization in e-learning. It works to employ cutting-edge technologies in educational reform as the driving force for human, economic, and social development in Egypt. The aim is to enhance workforce performance, help the country gain a competitive edge, and meet the labor market needs.

According to Kearney’s 2023 Foreign Direct Investment (FDI) Confidence Index, Egypt has ranked 14th among the world’s top attractive emerging markets for foreign investments. The state has implemented various initiatives and taken several decisions to attract more foreign investments and boost the private sector. The report also showcased that investors have prioritized factors such as transparency of government regulations, tech capabilities, and tax rates in making investment decisions.

On its journey to becoming a prime outsourcing location, Egypt has excelled in three things: talent, capabilities, and cost-effectiveness. The country has a large talent base that not only is scalable, but also affordable and multilingual, which makes Egypt one of few multilingual outsourcing hubs in the world.

The African tech sector has recently become one of the fastest-growing tech ecosystems worldwide. A new wave of African tech startups has emerged, increasingly driving leapfrog development through locally adapted digital technologies. The funding increase for startups reflects the growing dynamism of Africa’s tech ecosystem, with Africa's “big four,” Egypt, Kenya, South Africa, and Nigeria, attracting the most startup funding.

Egypt is taking concrete steps towards a comprehensive digital transformation across all state sectors, in line with its Vision 2030. The country's efforts paid off when the ICT sector hit a growth rate of 16.7% in FY 2021/2022, owing to the infrastructure development projects co-implemented by MCIT and different sectors at more than 50 billion EGP.

The New Administrative Capital’s Knowledge City is laying the groundwork for a new era of civilization. It is the epitome of a civilized, human-centric environment, where innovation is the main component of life. The City houses offices of tech giants, R&D centers, training academies, and smart factories, in addition to Egypt University of Informatics (EUI), a national joint project between MCIT and the Ministry of Higher Education.

In Egypt, digital payments are booming. Egyptians are adopting different payment options and discovering more of the digital economy’s benefits. According to MasterCard’s New Payment Index (NPI), 88% of Egyptian consumers have used at least one emerging payment method in 2021.

Egypt has been undergoing a major digital transition. The country is investing heavily in developing the ICT infrastructure, promoting digital literacy, building capacity, and fostering innovation, all to boost the national economy, improve the quality of public services, and achieve digital inclusion.

Aiming to shape young enlightened talents, well-versed in modern technology specializations, Digital Egypt Cubs Initiative (DECI) has been launched by MCIT as a scholarship to top-performing students at Egyptian schools in IT areas. DECI is seen as a major contributor to building Digital Egypt, realizing the National AI Strategy, and transforming Egypt into an outsourcing hub of tech-competent labor force.