The move forms part of Egypt’s broader digital transformation agenda aimed at streamlining government services, enhancing governance, and making procedures more accessible for citizens.
The data showed a steady year-on-year increase, with mobile wallets rising to 19.8 million in 2020, 25.2 million in 2021, and 30.4 million in 2022.
The proposed consolidation comes after the company received two separate acquisition offers for its tower portfolio, which were ultimately deemed undervalued.
The meeting comes amid strong momentum in Egypt’s ICT sector, which has seen annual growth exceeding 16%
Egypt’s impressive performance in Q2 stems in part from the country’s rapid expansion in local smartphone manufacturing
