WBG Financial Inclusion Initiative to fund regional center for digital financial inclusion in Cairo

The World Bank Group’s Financial Inclusion Global Initiative is funding the establishment of an regional center for digital financial inclusion in Egypt, according to an ICT Ministry statement. The center will prepare periodic reports on the state of digital financial inclusion in the Arab world, and coordinate between regulators and providers of telecom and financial services. It will also assist authorities in drafting regulations and legislation on financial inclusion, in addition to promoting public-private partnerships in the digital financial services sector.