الرئيس التنفيذي
أشرف الحادي

رئيس التحرير
فاطمة مهران

Driving Economic Transformation: The Role of ICT in Empowering Emerging Markets

Information and Communication Technology (ICT) is revolutionizing global economic systems, offering innovative solutions that transform business models, improve efficiency, and enhance competitiveness. For countries striving to position themselves in the global economy, ICT serves as a cornerstone of sustainable growth. Within this context, the Aid for Trade Initiative for Arab States (AfTIAS) 2.0 program has emerged as a powerful driver of change, particularly in Algeria’s information and digital technology (IDT) sector.

AfTIAS 2.0’s project in Algeria provides a blueprint for how ICT can redefine economic opportunities. Through targeted initiatives, the program is improving the competitiveness of tech startups and SMEs by addressing the unique challenges they face, from capacity-building to international market access. By prioritizing digital transformation, AfTIAS 2.0 has made significant strides in creating an entrepreneurial ecosystem.

One of the program’s key interventions has been enhancing the capacity of Business Support Organizations (BSOs). These organizations, including Algeria Venture and the Algerian Startup Support Fund (ASF), have benefited from tailored support to improve their ability to mentor startups, offer advisory services, and facilitate access to funding. A workshop on digitalization, for instance, equipped Trade Support Institutions (TSIs) with practical tools to develop action plans for digital transitions. These efforts have empowered institutions to provide more effective support to businesses navigating a rapidly evolving digital landscape.

The impact of these initiatives is also evident at the enterprise level. AfTIAS 2.0 has provided specialized training to startups in Algeria, helping them address gaps in their business models, financial planning, and strategies for internationalization. For example, training programs in collaboration with entities like IncubMe have focused on critical areas such as data science, commercial strategy, and investor readiness. These programs go beyond theoretical learning, offering practical tools that enable startups to scale their operations and enhance their competitiveness.

By facilitating participation in major international events such as GITEX and Viva Technology, AfTIAS 2.0 has opened global avenues for Algerian startups. These platforms have not only offered visibility but also enabled partnerships, investment opportunities, and valuable networking experiences. For instance, the startup Namlatic secured contracts with Algerian hotels and received significant media attention, highlighting the tangible outcomes of such exposure.

The overarching theme of these efforts is clear: ICT is not merely an enabler but a driver of economic transformation. By integrating ICT into trade and business processes, AfTIAS 2.0 is unlocking opportunities for growth that extend beyond national borders. The program’s focus on inclusivity, particularly its emphasis on empowering women and youth in the ICT sector, further amplifies its impact, ensuring that development is both equitable and sustainable.

However, challenges remain. The need for institutional stability, greater access to digital infrastructure, and continued investment in capacity building are critical for sustaining these gains. AfTIAS 2.0’s commitment to addressing these issues through diagnostic missions and ongoing support underscores its dedication to creating long-lasting impact.

AfTIAS 2.0 exemplifies the transformative potential of ICT in driving economic growth and innovation. By fostering digital literacy, building institutional capacity, and facilitating global connections, the program is paving the way for a digitally empowered future. As ICT continues to shape the global economy, initiatives like AfTIAS 2.0 will play a pivotal role in ensuring that emerging markets are not just participants but leaders in this transformation.

Related Posts

Majid Al Futtaim and Huawei Redefine On-the-Go Shopping with Carrefour Smartwatch App

ITIDA Launches Nationwide Internship Program to Train 10,000 Students in Emerging Tech and Digital Arts

British Council Egypt Expands Capacity Building Partnerships to Strengthen Education, Leadership, and Youth Skills Development

Rixos Hotels Egypt to Host Global Superstar Jennifer Lopez in Sharm El Sheikh this July

Veronika Zakharchuk Appointed Head Sommelier at Culinary Arts Group

Beware of fakes: Scammers use Labubu doll hype on multilingual scam websites

Orange Egypt Officially Launches 5G Services in Egypt

Sawiris Foundation Signs an MoU with AFD, Essam and May Allam Foundation, and the Louis Dreyfus Foundation to Develop Agricultural Solutions

آخر الأخبار
الرئيس السيسي يتلقى اتصالاً هاتفياً من نظيره الفرنسي ترامب: على إيران إبرام صفقة قبل أن يتلاشى كل شيء روبيو: ينبغي على إيران ألا تستهدف المصالح الأمريكية أو الموظفين الأمريكيين وزير السياحة والآثار يتابع أعمال غرفة عمليات انتظام الحركة السياحية في مصر حصاد وزارة العمل خلال الـ 7 أيام الماضية رئيس الوزراء يتابع خطة توفير مخزون مطمئن من المواد البترولية والغاز الطبيعي أبرز أنشطة وزارة الزراعة خلال أسبوع وزير البترول يجري زيارة تفقدية إلى موقع استقبال سفينة التغييز الثالثة بميناء العين السخنة اتصالان لوزير الخارجية والهجرة مع وزيري خارجية إيران وقطر وزير الطيران المدني يتفقد عددًا من المرافق التشغيلية الحيوية لمتابعة تطورات الموقف  المشاط تبحث مع سفير المملكة المتحدة في مصر دفع العلاقات الاقتصادية والاستثمارية وتنويع آليات التمويل وزير الزراعة يستعرض رؤية مصر لتنمية قطاعي المصايد والاستزراع السمكي فتح باب التقدم والحجز إلكترونيًا عبر منصة مصر الصناعية الرقمية لـ 1800 قطعة أرض صناعية العراق: ندعو مجلس الأمن للانعقاد الفوري واتخاذ إجراءات حاسمة لردع العدوان الإسرائيلي اتصالات لوزير الخارجية مع السعودية والأردن وفلسطين لمتابعة تداعيات الهجوم الإسرائيلي على إيران وزيرا الكهرباء والبترول في زيارة تفقدية لمركز التحكم القومي في الشبكة القومية للغاز الطبيعي وزيرة البيئة تلتقي مع الأمينة التنفيذية لاتفاقية الأمم المتحدة للتنوع البيولوجي وزير العمل محمد جبران في تصريحات صحفية بمناسبة "اليوم العالمي لمكافحة عمل الأطفال" مصر تدين الهجوم الإسرائيلي على إيران موعد الاجتماع الرابع للبنك المركزي المصري في 2025 لتحديد مصير أسعار الفائدة