Visa Forms New Egypt, Libya & Sudan Sub-Region to Accelerate Digital Payments Growth

Vi

Visa, a global leader in digital payments, has announced the creation of a new sub-region comprising Egypt, Libya, and Sudan as part of its strategic growth plans across North Africa. The move reflects the company’s continued commitment to supporting national government priorities around digital transformation, while deepening engagement with financial institutions, fintech innovators, and merchant

Bosta and Mastercard Announced Collaboration to Support SMEs and E-Commerce Growth in Egypt

Bosta

Bosta, a key enabler of e-commerce in Egypt, has announced a strategic collaboration with Mastercard aimed at supporting small and medium-sized enterprises (SMEs) through integrated solutions designed to accelerate e-commerce growth in line with evolving market needs. The partnership reflects the increasing importance of logistics and payment infrastructure in shaping a more efficient digital economy,

IFC Partners with Suez Canal Bank to Strengthen Egypt’s Financial Sector for SME Growth

IFC

IFC today announced a comprehensive financing package for Suez Canal Bank (SCB) designed to strengthen the bank’s capacity to expand lending to micro, small, and medium-sized enterprises (MSMEs) across Egypt. This strategic partnership aims not only to support business growth but also to create thousands of new jobs, promote economic stability, and help narrow the

SPAYZ.io to Roll Out Payment Solutions in Key African Markets

Spay

SPAYZ.io, a leading provider of innovative payment solutions, has announced its strategic expansion into three new African markets – South Africa, Egypt, and Cameroon. This marks another major step in the fintech company’s mission to transform digital commerce across Africa’s emerging economies by delivering tailored, localised payment solutions that address unique market needs. Over the

Bank of Algeria Joins PAPSS Ahead of IATF 2025

Bank of Algeria

Bank of Algeria has officially joined the Pan-African Payment and Settlement System (PAPSS), marking a major milestone in Africa’s journey toward seamless financial integration. PAPSS, an initiative launched by the African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, is designed to facilitate

Mastercard and enza Collaborate to Enable Fintech Innovation Across Africa

Mastercard

Mastercard and enza, a payment solutions company, have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. According to a report by the European Investment Bank, the number

EGBANK and Mastercard Collaborate to Expand Digital Payments and Premium Offerings

EGBANK

EGBANK has joined forces with Mastercard to drive financial accessibility, expand digital payment adoption and introduce affluent new segments to the bank’s card portfolio. The collaboration aims to strengthen EGBANK’s strategy and reinforce its commitment to delivering a convenient, seamless and secure payment experience. Mastercard will support EGBANK in developing its portfolio of debit, credit,

Al Baraka Bank Egypt and South Africa Launch Joint Program to Boost Foreign Trade Ties

Al Baraka

Al Baraka Bank Egypt has announced the launch of a cooperation program in the field of foreign trade with Al Baraka Bank South Africa. The initiative aims to enhance economic and financial collaboration between the two branches through Al Baraka’s digital trade platform, as part of the broader Al Baraka Banking Group’s strategy to create

SPAYZ.io to Roll Out Payment Solutions in Key African Markets

SPAYZ.io

SPAYZ.io, a leading provider of innovative payment solutions, is entering three new African markets – South Africa, Egypt, and Cameroon. The move is part of fintech’s ongoing vision to transform digital commerce in Africa’s emerging markets by offering tailored local payment solutions. SPAYZ.io has been actively assessing countries in the region as part of its

Apple Tokenisation Fuels Egypt’s Digital Payments Shift

A market view from Norman Frankel, Chief Growth Officer following his recent market visit. Originally published here. For regular visitors to Egypt, Old Cairo rarely changes. Home to the bank’s headquarters for decades, the constant background noise of traffic, the hustle and bustle of trade, narrow streets steeped in history and culture, are in stark