Egypt Pushes Digital Freelancers in Offshoring Strategy

Egypt is targeting digital freelancers to boost its global offshoring market, aiming to expand cross-border digital services.

Egypt Pushes Digital Freelancers in Offshoring Strategy

Image: zawya.com

Egypt is intensifying its efforts to capture a larger share of the global offshoring market, with a new focus on digital freelancers. The strategy aims to scale cross-border digital services and drive export-led growth, as competition for digital talent intensifies worldwide.

According to a report by the Information Technology Industry Development Agency (ITIDA), Egypt's offshoring sector has grown significantly, with digital services exports reaching $4.9 billion in 2024, up from $3.7 billion in 2020. The government is now targeting $9 billion in digital exports by 2026, leveraging a pool of over 350,000 freelancers registered on platforms like Upwork and Freelancer.

The initiative includes tax incentives for freelancers and companies, as well as training programs to upskill workers in areas like software development, digital marketing, and data analytics. Egypt's young population, with a median age of 24, provides a large talent base for these efforts.

❓ Frequently Asked Questions

What is Egypt's target for digital exports by 2026?

Egypt aims to reach $9 billion in digital exports by 2026, up from $4.9 billion in 2024.

How many freelancers are registered on platforms in Egypt?

Over 350,000 freelancers are registered on platforms like Upwork and Freelancer.

What incentives does Egypt offer to freelancers?

Tax incentives and training programs are provided to freelancers and companies to boost digital services.

πŸ“° Source:
zawya.com β†’
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