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Also on our radar on 9 December 2020
Financial inclusion must be supported by expanding access to digital communication technologies across Africa, CIB Non-Executive Chairman Sherif Samy said…
ٍMICROFINANCE
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Raya Holding’s Aman receives security certification to expand bank card compatibility
Raya Holding’s non-banking financial services provider Aman has received the international payment card industry data security standards certification (PCI-DSS), allowing…
Raya close to offloading recycling subsidiary BariQ
M&A WATCH- Raya Holding looks poised to sell the entirety of its recycling subsidiary BariQ to an unnamed foriegn investor…
New regulatory framework for SME lenders announced
REGULATION WATCH- SME lenders will need to be set up as joint-stock companies with a minimum capital of EGP 30…
Microfinance Act amendments that bring SMEs under legislation signed into law
LEGISLATION WATCH- SME lenders are now subject to the Microfinance Act now that President Abdel Fattah El Sisi ratified amendments…
What we’re tracking on 7 October 2020
Good morning, friends. We hope you’re looking forward to the long weekend as much as we are. We’re looking forward…
Sherif Elbehery appointed chairman and managing director of Banque Misr’s digital banking arm
MOVES- Sherif Elbehery (Linkedin) has been tapped as managing director of Misr Digital Innovation Company, Banque Misr’s digital banking arm,…
Raya mulls listing Aman on EGX in 2021
IPO WATCH- Raya mulls listing Aman on EGX in 2021: Raya Holding could debut its non-banking financial service business outfit…
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