Mike Barahme

5401 N. University Dr. Suite 203,

33067 Coral Springs, FL

United States

Egypt has promising landscape of financial inclusion with youth representing 60% of population

Egypt's youth's robust use of mobiles and the internet makes the local market promising for investments in digital transformation.

A primary surplus of 1.6% of GDP in FY 2022/23 contributed to the improved fiscal position.

MNZL, a FinTech startup, has raised $3.5 million to revolutionise asset-backed lending in Egypt and across the MEA region.

Egypt signed an agreement with the International Monetary Fund on March 6, with an initial $820 million payout received in April.

Egypt’s net international reserves (NIRs) surged at the end of April to its highest level in four years to post $41 billion, up from $40.4.

Finance Events

Seamless North Africa 02.07.2024

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