Rania Al Mashaat, Egypt’s Minister of Investment and International Cooperation met with representatives from Google and Meta to explore possible opportunities for startups to take global climate actions.
Alligning with Egypt’s efforts in preparation for COP27, Al Mashaat met with a number of technology leaders including Hesham El Nazer, Director of Google Egypt and Maha Afifi, Director of Government Relations at Google to discuss the entrepreneurial role in the current global crisis.
It was announced that COP27 will witness a “Youth Day” which will be dedicated for cooperation opportunities for enhancing the role of youth, innovators and entrepreneurs to integrate them with the efforts undertaken by governments globally for a greener future.
The Minister of Investment also met with a number of entrepreneurial and database leaders including Carlos Ahmoda, Director of Public Policy and Data for the Middle East and North Africa, and Nadia Diab, Head of Public Policy at Instagram for the Middle East and North Africa, with a goal to enhance technical cooperation and exchange experiences in order to use data for achieving development.
She further explained that the biggest challenge currently faced by Egypt’s development is related to climate action, which is why the Ministry of International Cooperation aims to strengthen partnerships between global companies such as Google and Meta and relevant governmental organizations in order to reach unconventional solutions through supporting young creative entrepreneurs.
These discussions align with Egypt’s Vision 2030, as during 2020 and 2021, a portion of the $5b fund allocated for the private sector has been directed to start-ups and SMES.
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