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Egyptian startups have conspicuous presence at Web Summit in Lisbon Participants aim to enforce Egypt's position on global map of innovation, entrepreneurship
The Web Summit kicked off Tuesday in Lisbon, Portugal, with strong Egyptian participation and a dedicated exhibit pavilion hosting 18 Egypt-based startups, in addition to 10 visiting local tech companies. The Egyptian Ministry of Communications and Information Technology (MCIT), represented by the Information Technology Industry Development Agency (ITIDA) sponsors and supports Egypt's participation in the largest tech conference in the world, in cooperation with the Digital Economy and Technology General Division (DETGD) of The Federation of Egyptian Chambers of Commerce. The country's participation in the global tech event aims to enforce Egypt's position on the global map of innovation and entrepreneurship, promote the innovative solutions of the local tech startups, and highlight the incentives and benefits that Egypt offers in this field. Additionally, Egypt's ITIDA aims to attract more investments to the thriving local tech-enabled innovation ecosystem, expand the base of venture capital funds, major investors, and specialized platforms in supporting entrepreneurs in Egypt. The Egyptian exhibiting companies under the pavilion include five companies in their growth stages and 13 other companies in their alpha and beta stages. The Egyptian participants are: Trella Trella is a platform that connects shippers to carriers in the widely fragmented road freight industry, with the aim of creating transparency, efficiency and reliability. Pylon Pylon is a utility management platform for water and electricity companies in emerging markets. Koinz Next Generation platform for F&B industry, merging online and offline worlds, Koinz helps the brands gain and retain customers online and offline. Money Fellow It offers access to affordable credit and attractive saving options, via digitizing the traditional RoSCA model. GoodsMart A tech logistics company provides a subscription-based service to deliver household needs in a pre-installed box at your doorstep. Pravica Pravica is a private and secure blockchain-based digital communication suite. zVendo zVendo is a subscription e-commerce platform that allows retailers and restaurants to set up their online ordering web store and mobile applications. DentaCarts A marketplace for medical supplies helps healthcare facilities in managing their inventories and purchases through utilizing RFID, loT, and Al. CardoO The fastest-moving consumable goods, it utilizes this fact to create products that enhance the day-to-day lives of thousands, and even millions, of consumers every day. Rology for medical technology A B2B Teleradiology platform matches between Provico radiology scans and radiologists to report them remotely and instantly. Chefaa Patient-centric, GPS-enabled pharmacy benefits platform helping patients to order, schedule & refill recurring prescriptions by connecting patients and pharmacies nation-wide. Amjaad Technology Working in loT solutions, Infrastructure optimization and developing smart city platforms for managing all utilities (electricity, water, and gas) meters with a push of the button "ioMeter". SURVV Aggregating delivery fleet operators under a single platform and then streamlining connectivity between merchants, aggregators and customers. Adzily Adzily network helps you reach thousands of target audience out of home using our digital screens. Interact Labs Interact Labs develop TACT, a device that transforms any monitor (TV screen or projector) into an interactive touch surface! CreditGO It is a free mobile application for electronic payments and introducing cashless payments and digitalization. Amanleek The startup company helps insurance enterprises penetrate Egypt's lower middle class of 50 million people through reinventing how insurance is sold and managed. iSchoola iSchool provides trending educational programs and coding for kids via online interactive sessions. This all comes in line with an array of private and governmental support services available to Egyptian entrepreneurs, including nationwide digital innovation hubs, incubators, and initiatives executed by the government, multinational corporations, and universities to instil entrepreneurial spirit and innovation among Egypt's youth.
