Nadya Eka Lestari
TechInAfrica — Represented by the Information Technology Industry Development Agency (ITIDA) and ITFEDCOC, Egypt is officially participating with a country-pavilion in the Consumer Electronics Show (CES 2020), organized by the Consumer Technology Association (CTA) on 7th to 10th January, in Las Vegas, USA.
ITIDA, the executive IT arm of the ministry of ICT in Egypt is funding the local startups’ participation to attract big global companies and investments. This is as a part of the agency’s mandate to help these companies enter the global market to scale up their operations.
With a focus on disruptive and emerging technologies like artificial intelligence (AI), augmented reality (AR), Smart Cities, and IoT, eight startup companies are participating in the event to gain spotlight during the show to help accelerate their growth and innovation for their businesses.
The participating tech companies include:
- RafiQ,a virtual assistant that can understand Arabic voice commands in a user’s local dialect with localized experience;
- Mintrics, which presents an advanced Facebook video analytics tool using AI technology to measure the performance of content and benchmark against competitors;
- Furnwish, a tech company creating tools and creative solutions for the Furniture industry using augmented reality and artificial intelligence;
- Sigma-Fit, a techwear company that creates revolutionary products to solve people’s daily challenge,
- Fulltact, a startup that offers a digital tool that enables businesses to save their contact information online,
- Pass Inc., a startup offering a smart access solution that allows users to gain access to the gated community using mobile phones,
- XIOT, a company providing a cloud-connected sensor that helps you to seamlessly monitor your assets, and
- Hitchhiker, a social networking site that connects shoppers with travelers. It also allows shoppers to save shipping costs and enable travelers to make money on the move.
The Egyptian startups top all rivals in Africa as they have dominated the disclosed VC deals directed to early-stage companies in 2019, according to a recent study. In addition, Egypt recently surpassed the UAE by a number of VC deals in startups in the MENA region, accounting for 27 percent of all deals in the last quarter of 2019.
CES is a global consumer technologies exhibition. In a forum where the industry’s most relevant issues are addressed, the show attracts the world’s business leaders, pioneering thinkers, and more than 170,000 attendees from 160 countries.
Source: tahawultech.com
