Cassava partners with Egyptian paytech e-finance to explore digital solution services across Africa

By bne IntelliNews November 27, 2024

Egyptian digital payment provider e-finance and UK-based Cassava Technologies have signed an agreement to explore joint expansion and collaboration opportunities across Africa, aiming to advance innovative digital solutions, Arab Finance reported on November 27. 

The partnership, formalised during the 28th Cairo ICT Exhibition and Conference, seeks to enhance digital offerings in Egypt while introducing cutting-edge solutions across the continent.

According to the agreement terms, Cassava will contribute its extensive infrastructure and pan-African expertise, spanning fibre networks, satellite communications, data centres, fintech, artificial intelligence, and cybersecurity. Meanwhile, e-finance will draw on its leadership in Egypt’s digital transformation and fintech sectors, having developed the country’s digital payments infrastructure since 2005.

The collaboration is designed to support digital economies and financial inclusion initiatives both in Egypt and across Africa.

E-finance partners with various stakeholders to implement large-scale digital projects, such as modernising financial services, enabling electronic payments, and supporting various economic initiatives.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Ghana launches gold coin investment platform as part of gold purchase programme to stabilise economy

Ghana’s central bank has unveiled pricing details for the Ghana Gold Coin (GGC), offering citizens a new investment vehicle tied to the nation’s gold ... more

South African lender African Bank rakes in $28.8mn profit in year to September, delays IPO

African Bank has reported a profit of $28.8mn in its 12 months to September 30, up from $28.7mn in the prior year. The achievement, the South African financial institution said on ... more

Sudan to establish prosthetic limb factory in Oumdorman as war casualties mount

Sudan’s Health Minister Haitham Ibrahim announced plans to establish a factory for prosthetic limbs in Oumdorman, reflecting the rising number of amputations caused by the country’s ongoing war, ... more

Follow Us On

Most Read

  1. Russia’s economy is tougher than it looks, no chance of a crisis in the next 3-5 years – CASE
    14 days ago
  2. PANNIER: Central Asia faces tough race against clock to prevent water crisis
    9 days ago
  3. COMMENT: The EU’s Internal Security Framework is unfit for Cold War 2.0
    7 days ago
  4. Russia ready to start peace talks in January, willing to make some “limited” concessions
    8 days ago
  5. Russia overtakes Germany to become fifth biggest economy in the world in GDP on a PPP basis
    1 year ago
  1. Russia’s economy is tougher than it looks, no chance of a crisis in the next 3-5 years – CASE
    14 days ago
  2. What would a Trump win mean for Latin America?
    24 days ago
  3. LONG READ: Georgian Dream’s hold over rural areas won it the election
    26 days ago
  4. Russia overtakes Germany to become fifth biggest economy in the world in GDP on a PPP basis
    1 year ago
  5. Mass protest in Serbia’s Novi Sad over deadly station canopy collapse turns violent
    22 days ago

Reports

Dismiss