• Tuesday, 9 June 2020

    BRIEFLY NOTED- CBE’s POS machines, Emaar Misr says Cairo Gate isn’t new, Sika closes Bitumode acquisition

    BRIEFLY NOTED- It will cost the central bank EGP 500-600 mn to finance the cost of rolling out 100k point-of-sale machines nationwide, Al Mal. The machines are rolling out as part of the CBE’s digital push. The CBE is also...
  • Tuesday, 19 May 2020

    TPay’s Sahar Salama on how to scale up fast

    TPay’s Sahar Salama on how to scale up fast: Once upon a time, one page of transactions was plenty of reason for TPay Mobile CEO Sahar Salama and her team to celebrate. Today, TPay is a regional fintech powerhouse, processing...
  • Thursday, 7 May 2020

    What we’re tracking on 7 May 2020

    Rejoice, friends, for it is Thursday — and also the end of the second week of Ramadan. A handful of things we’re thinking of as we get ready to slide into the weekend: The Education Ministry is looking at how...
  • Wednesday, 6 May 2020

    Our next Making It guest talks microfinance, financial inclusion, and the informal economy

    Making It’s fourth episode drops Thursday featuring a microfinance pioneer: Back when financial inclusion was just a buzzword, our next guest saw an opening in an underserved segment of the Egyptian business community. His 11-year journey saw him grow to...
  • Tuesday, 17 March 2020

    Fawry, National Bank of Egypt to begin distributing 43k PoS devices to stores

    The National Bank of Egypt (NBE) and e-payments platform Fawry are rolling out 43k point of sale (PoS) devices in retail outlets around the country to encourage payments through bank cards and e-wallets, NBE retail CEO Karim Soos said, according...
  • Sunday, 8 March 2020

    Egyptian banks required to establish in-house financial inclusion departments

    Banks are now required to set up departments to oversee financial inclusion strategies and advise the Central Bank of Egypt’s (CBE) own financial inclusion unit, the CBE said on Thursday (pdf). State-owned and private banks, as well as branches of...
  • Sunday, 26 January 2020

    Stablecoins probably aren’t the answer to financial inclusion

    Here’s why Libra and ‘stablecoins’ probably aren’t the answer to financial inclusion: The noise from the Libra hype train has been noticeably quiet these past few months. Having emerged last year with a swashbuckling raison d’etre to overturn the global...
  • Tuesday, 3 December 2019

    What we’re tracking on 3 December 2019

    Industry incentives announcement coming tomorrow, Amer says: Prime Minister Moustafa Madbouly will unveil tomorrow a package of measures designed to support the state’s development plans, Central Bank of Egypt Governor Tarek Amer said yesterday during the African Economic Conference in...
  • Sunday, 1 December 2019

    What we’re tracking on 1 December 2019

    Would someone mind explaining where 2019 went? Or the past decade, for that matter? Happy December, everyone. It’s official: Tarek Amer has been given a second and final four-year term as governor of the Central Bank of Egypt after the...

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