Vodafone Egypt to inject new investments worth of €250m in Egypt in 2020

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Vodafone Egypt seeks to invest about €250m in Egypt over the next year, the company’s CEO Alexandre Froment-Curtil, has said.

In an interview with Daily News Egypt, Froment-Curtil said Vodafone Egypt seeks to invest about €250m in Egypt over the next year, the company’s CEO Alexandre Froment-Curtil, said, adding that his company has already invested about EGP 45bn over last 20 years in the country.

“Egypt’s 2030 Vision is going digital. There is a worldwide race and rush in the digitalisation, Egypt cannot be left behind,” he noted, pointing out that Vodafone Egypt’s role focuses on enabling the digitalisation of Egypt.

“We are looking at all the possible solutions in infrastructure, investments, and IT solutions to support the country’s digitalisation plans,” he declared.

Daily News Egypt interviewed Froment-Curtil to learn more about the company’s activities and future plans in various aspects including investments, revenues, corporate social responsibility (CSR) projects, as well as a comprehensive view of the Egyptian economy updates and its impact on the communication and information technology communication and information technology (CIT) industry, the transcript for which is below, lightly edited for clarity.

 

 

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