Tech company Thales signs MoU to develop AI application in Egypt

EGYPT – Thales, a global company in high technology solutions, has signed a Memorandum of Understanding (MoU) with the Ministry of Communications and Information Technology (MCIT) in Egypt to further develop Artificial Intelligence applications in the country. The MCIT aims to fortify the AI industry in Egypt and develop local skills, technology, infrastructure and governance mechanisms to ensure its sustainability and competitiveness through its National AI Strategy. Leveraging Thales’ vision to develop sovereign capabilities through local innovation, education and industry, common projects will be identified to strengthen Egypt’s role as…

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AFRAA, Ethiopian Airlines sign MoU to strengthen collaboration on aviation training

ETHIOPIA – The African Airlines Association (AFRAA) and Ethiopian Airlines have signed a memorandum of understanding (MoU) on training that will facilitate a framework of collaboration between AFRAA and Ethiopian Airlines Aviation Academy. The MoU was signed between AFRAA secretary general Abdérahmane Berthé and Mesay Shiferaw, managing director, Ethiopian Aviation Academy. The MoU was signed during a consultative meeting between AFRAA secretary general Abdérahmane Berthé and Ethiopian Airlines group CEO Tewode Gembremariam held at Ethiopian Airlines headquarters in Addis Ababa. The collaboration will support the development of sustainable and safe air transport system in Africa and thereby…

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Bank of Africa signs MoU for building trading and logistics park in Morocco

MOROCCO – Bank of Africa has signed a Memorandum of Understanding (MoU) with Zhejiang China Commodity City Group (CCC Group) to boost their trading partnership. The purpose of the agreement is to enable the two institutions to work together to build a trading and logistics park in Morocco. The agreement is also part of the determination of Morocco and China to advance their relations at all levels, including economic partnerships. “Through this agreement, Bank of Africa strengthens its power in the financial market in China and becomes the main financial…

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