With purchases and transactions increasingly moving away from cash and towards digital channels during the pandemic, both central banks and private institutions around the world are continuing to explore the potential of digital currencies.
Africa ICT
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The proliferation of digital innovations that allow people to work from home and make transactions online has been key to mitigating some of the challenges of the coronavirus. However, this digital shift has also heightened the threat of cyberattacks, particularly in emerging markets.
Articles & Analysis | How Egypt's IT infrastructure is attracting business outsourcing firms from The Report: Egypt 2020
Drawing on its location between Europe, the Middle East and Africa; its youthful, educated, tech-savvy and multi-lingual population; and strong IT infrastructure, Egypt has become a destination for business process outsourcing (BPO). The budding segment has been supported by the government, which offers financial incentives to outsourcing...
Articles & Analysis | What infrastructure will aid Egypt's digital transformation? from The Report: Egypt 2020
Economic diversification efforts have been a boon to Egypt’s digital transformation. The government is aiming to develop the country into a telecoms and tech centre on both a regional and global scale, guided by its ICT 2030 Strategy. Efforts are being made to strengthen the regulatory framework, including by addressing cyberthreats, while the...
Articles & Analysis | Why Egypt's government services are going online from The Report: Egypt 2020
As part of Egypt’s digital transformation, the country is working to digitalise government services and train Egyptian youth in technology and other specialisations to ensure the country has a qualified workforce to meet the shifting demands of employers. The Ministry of Communications and Information Technology (MCIT) has sought to create a...
Articles & Analysis | Emerging markets unlock benefits of artificial intelligence from The Report: Egypt 2020
The development of artificial intelligence (AI) – a term that was originally coined in 1955 to describe a nascent sub-discipline of computer science – is anticipated to reshape economies around the world over the coming decades. AI refers to a set of technologies and tools that allow users to make better decisions through algorithms, using...