{"id":644779,"date":"2017-07-03T04:04:12","date_gmt":"2017-07-03T04:04:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/"},"modified":"2017-07-03T04:04:12","modified_gmt":"2017-07-03T04:04:12","slug":"government-private-sector-partnering-to-support-entrepreneurship","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/","title":{"rendered":"Government, private sector partnering to support entrepreneurship"},"content":{"rendered":"

The government is increasing partnerships with the private sector to support startups, especially in IT<\/strong>, Priya Vithani writes for Wamda<\/a>. One example is Paymob, a project in partnership with Mastercard and the Egyptian Banks Company, whose online wallet has 3.5 mn users now, she says. \u201cIn the past year, the Central Bank has relaxed limitations on balance and transaction sizes that have permitted our platform to succeed in a way that would not have been possible just two or three years ago,\u201d says Paymob cofounder Islam Shawky. Support also includes funding and providing logistical support. Programs to support startups extend beyond Cairo to other governorates including Alexandria, Luxor, and Suez.<\/p>\n","protected":false},"excerpt":{"rendered":"

The government is increasing partnerships with the private sector to support startups, especially in IT, Priya Vithani writes for Wamda. One example is Paymob, a project in partnership with Mastercard and the Egyptian Banks Company, whose online wallet has 3.5 mn users now, she says. \u201cIn the past year, the Central Bank has relaxed limitations […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-644779","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"125be1ea-427d-4b0b-923d-b6b6a24f7e7e","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[644744],"teaser":"","voice_url":""},"yoast_head":"\nGovernment, private sector partnering to support entrepreneurship - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government, private sector partnering to support entrepreneurship\" \/>\n<meta property=\"og:description\" content=\"The government is increasing partnerships with the private sector to support startups, especially in IT, Priya Vithani writes for Wamda. One example is Paymob, a project in partnership with Mastercard and the Egyptian Banks Company, whose online wallet has 3.5 mn users now, she says. \u201cIn the past year, the Central Bank has relaxed limitations […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-03T04:04:12+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Government, private sector partnering to support entrepreneurship\",\"datePublished\":\"2017-07-03T04:04:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/\"},\"wordCount\":116,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/\",\"name\":\"Government, private sector partnering to support entrepreneurship - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-07-03T04:04:12+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Government, private sector partnering to support entrepreneurship\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Government, private sector partnering to support entrepreneurship - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/","og_locale":"en_US","og_type":"article","og_title":"Government, private sector partnering to support entrepreneurship","og_description":"The government is increasing partnerships with the private sector to support startups, especially in IT, Priya Vithani writes for Wamda. One example is Paymob, a project in partnership with Mastercard and the Egyptian Banks Company, whose online wallet has 3.5 mn users now, she says. \u201cIn the past year, the Central Bank has relaxed limitations […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-07-03T04:04:12+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Government, private sector partnering to support entrepreneurship","datePublished":"2017-07-03T04:04:12+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/"},"wordCount":116,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Other Business News of Note"],"articleSection":["Other Business News of Note"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/","name":"Government, private sector partnering to support entrepreneurship - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-07-03T04:04:12+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/government-private-sector-partnering-to-support-entrepreneurship\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Government, private sector partnering to support entrepreneurship"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":571849,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/egyptian-fintech-startups-klickit-paymob-land-contract-for-online-tuition-fee-payment-service\/","url_meta":{"origin":644779,"position":0},"title":"Egyptian fintech startups Klickit, Paymob land contract for online tuition fee payment service","author":"enterpriseam admin","date":"2 June 2020","format":false,"excerpt":"STARTUP WATCH- Egyptian fintech startups land contract for online tuition fee payment service: Local fintech startups Klickit and Paymob have signed an agreement with private sector education provider GEMS to provide online tuition fee payments for the parents and guardians of over 6k students, according to a statement (pdf). The\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":617680,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/26\/siemens-to-build-smart-health-facilities-in-egypt-plus-tejas-network-paymob-mid-takseet-afreximbank-hafiz\/","url_meta":{"origin":644779,"position":1},"title":"Siemens to build smart health facilities in Egypt. PLUS: Tejas Network, Paymob + MID Takseet, Afreximbank + Hafiz","author":"enterpriseam admin","date":"26 March 2024","format":false,"excerpt":"The revamp aims to increase the efficiency of the facilities, reduce energy consumption and disruptions, and improve patients\u2019 comfort and safety","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/206.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":613616,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/17\/heidelberg-materials-commences-waste-heat-recovery-system-plus-paymob-to-launch-in-oman\/","url_meta":{"origin":644779,"position":2},"title":"Heidelberg Materials commences waste heat recovery system. PLUS: Paymob to launch in Oman","author":"enterpriseam admin","date":"17 January 2024","format":false,"excerpt":"INDUSTRY- Heidelberg Materials installs waste heat recovery system at Helwan plant: Germancement manufacturer Heidelberg Materials has set up a waste heat recovery system at its factory in Helwan with a USD 30 mn investment, the German Embassy said in a statement on social media. The new system will supply 30%\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1343.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":659229,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/23\/afdb-approves-usd-170-mn-private-sector-development-economic-diversification-loan-plus-paymob-masria-digital-payments-sideup-mobica-shell-orascom-financial-holding\/","url_meta":{"origin":644779,"position":3},"title":"AfDB approves USD 170 mn private sector development, economic diversification loan. PLUS: Paymob, Masria Digital Payments, SideUp, Mobica, Shell, Orascom Financial Holding","author":"enterpriseam admin","date":"23 January 2025","format":false,"excerpt":"The funds will have a special emphasis on green growth","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1890.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":613148,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/09\/egypt-looks-to-export-additional-1-mn-workers-in-competitive-sectors-by-2030-plus-paymob-x-tamara-gasc-tender-spegyco\/","url_meta":{"origin":644779,"position":4},"title":"Egypt looks to export additional 1 mn workers in competitive sectors by 2030. PLUS: Paymob x Tamara, GASC tender, Spegyco","author":"enterpriseam admin","date":"9 January 2024","format":false,"excerpt":"With a focus on AI, IT, nursing, and biotech","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/514.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545821,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/paymob-launches-in-pakistan\/","url_meta":{"origin":644779,"position":5},"title":"Paymob launches in Pakistan","author":"enterpriseam admin","date":"13 April 2022","format":false,"excerpt":"Paymob lands in Pakistan: High-profile Egyptian fintech startup Paymob has officially launched in Pakistan, it announced in a press release (pdf) yesterday. The digital payments provider said it will launch a number of payment services in the country, including payment gateways, POS, SoftPOS, and contactless payments.Why Pakistan? Paymob said that\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/225.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/644779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=644779"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/644779\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/644744"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=644779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=644779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=644779"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=644779"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=644779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}