Egypt’s Benya launches entrepreneurship investment firm with $50m capital during Cairo ICT
Published 08 Nov,2021 via Daily News Egypt - Benya Group, a leading digital solutions and ICT infrastructure provider in Egypt and the Middle East and Africa (MEA) region, aims to expand into new markets outside Egypt during the next year, including Saudi Arabia, planning to be part of the digital transformation process under the Kingdom’s Vision 2030.
During its participation in the Cairo ICT exhibition and conference, Benya announced the launch of a new subsidiary “Benya for Investment and Entrepreneurship” to invest in emerging companies with a capital of $50m.
Ahmed Mekky, Chairperson and CEO of Benya Group, said the company will rebrand two of its subsidiaries during the first day of Cairo ICT exhibition, changing Fiber Egypt Systems to Benya Systems and Fiber Misr for Engineering Solutions to Benya Engineering.
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