PM: Global companies have confidence in Egypt's investment climate
Prime Minister Mostafa Madbouly affirmed that the inauguration of Jumia's logistics warehouse in Egypt reflects the confidence of major global companies in the country's investment climate.
Madbouly said such a step also highlights the trust in the government's efforts to provide an investment-attracting climate for various projects and businesses across different sectors.
The premier expressed his hope for further partnerships that would support the state's goals on digital transformation, developing the logistics infrastructure, and providing job opportunities for youth, especially in the fields of digital economy and e-commerce.
Madbouly's remarks came Saturday 28/6/2025 during the opening ceremony of Jumia's warehouse, which is one of the largest logistics warehouses for e-commerce in Egypt with the latest technologies. He was accompanied by Amr Talaat, Minister of Communications and Information Technology, Governor of Cairo Ibrahim Saber and CEO of Jumia Egypt Abdel Latif Olama.
For his part, the minister of communications emphasized the ICT ministry's commitment to expanding training programs in various telecommunications and information technology fields to meet the needs of companies for qualified personnel. These programs cover diverse areas such as call centers, business process outsourcing, software development, digital services, IT project management, as well as more advanced services in e-commerce field, according to him.
The minister also highlighted efforts to encourage entrepreneurs and startups to take advantage of digital platforms, contributing to realizing the goals of Egypt's Vision 2030 in the fields of digital transformation and sustainable development. He noted that the software for Jumia platform was designed and implemented in Egypt by skilled and trained Egyptian professionals.
For his part, the CEO of Jumia Egypt emphasized that the company believes the digital economy represents the future of growth in Egypt, stressing that collaboration with the Egyptian government strengthens the country's digital transformation efforts and supports small and medium-sized enterprises (SMEs) to expand locally and internationally.
The prime minister and his accompanying officials were briefed about the activities of Jumia, the leading e-commerce platform in Africa, as the inauguration of this integrated warehouse in Egypt reflects the corporation's strong commitment to investing in the Egyptian market.
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