Planning Minister Reviews eFinance Expansion, Digital Infrastructure Role
Minister of Planning and Economic Development Ahmed Rostom visited the headquarters of eFinance for Digital and Financial Investments Group, in which the National Investment Bank (NIB), affiliated with the ministry, holds a 21.8% stake. Dur
Egypt's planning minister reviewed eFinance's expansion plans, highlighting the state's indirect stake in the digital payments firm through the National Investment Bank's 21.8% holding. The visit signals continued government backing for expanding digital financial infrastructure, which could shape competitive dynamics in Egypt's fintech and payments sector.
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