Egyptian Prime Minister Mostafa Madbouly said on Wednesday (October 8) that the government is set to collect up to $675mn in direct foreign investment (FDI) within weeks from selling 5G licences to telecom operators. Earlier this week, the National Telecommunications Regulatory Authority (NTRA) signed contracts with three telecom services providers operating in Egypt, Vodafone, e& Egypt, and Orange for 5G technology services, supporting Egypt’s Vision 2030, which focuses on digital innovation and economic development. Telecom Egypt had previously secured a 5G operating licence without addition…