EFIG announces the launch of the first biggest multi cloud platform in Egypt during the activities of our strategic partnership with Cairo ICT 2022 exhibition, in partnership with 13 leading global companies in technology and cloud hosting services as follows: F5, Redhat, Huawei, Pure storage, Dell, IBM, Cisco, VMware, Commvault, BMC, Fortinet, Paloalto & Citrix. For the first time, the group was able to bring together all these leading global institutional expertise in the fields of technology and integrated cloud computing within one project led by "eFinance" to serve the digital transformation operations in Egypt with the most advanced and latest global technologies in a way that suits the needs of various sectors, ministries, institutions, ,public and private sectors companies. The multi cloud platform will offer a unique package of multiple products and services, The platform has been equipped with the latest secure computing technologies, and the provision of multiple digital services including the latest software, cloud platforms, cybersecurity applications, artificial intelligence, big data processing, and others. Ibrahim Sarhan, CEO and Chairman of the Board of Directors of eFinance Investment Group said that this platform reflects the great leap achieved by the group in developing its cloud computing services system, as it succeeded in supporting it with large investments to upgrade its necessary infrastructure, in cooperation with major international institutions and companies, to contribute to advancing digital transformation in Egypt. He added that the tremendous development carried out by the group will contribute mainly to supporting the efforts of the Central Bank of Egypt for digital transformation and serving digital banks and startups in the field of financial inclusion, where cooperation between the group and the Central Bank in those areas, and the integrated cloud computing from eFinance will provide its services to banks in line with all standards, requirements and requirements of digital transactions for the banking sector. Moreover eFinance has obtained the quality certificate in operating cloud computing ISO 20001 and many international certificates from the largest technology companies specialized in the field of cloud computing to be among the top 200 cloud computing providers globally in a market with more than ten thousand service providers globally, which contributes to achieving the highest level of service performance, availability, insurance and ensuring business continuity while reducing time and internal costs.

EFIG signs the digitization of healthcare services agreement through a 10-year contract for the operation and management of smart cards for the medical system in the country of "Zimbabwe", in cooperation with Tres Groupe International (TGI) company, the leader in providing brokerage, consulting, and management services in several African countries (SADAC countries). The signing ceremony was witnessed by Ibrahim Sarhan, Chairman of EFIG, Mahmoud Kamal, CEO of eCards, and Keith Nkomo, CEO of “TGI” and Representative of the Ministry of Health and Child Welfare of Zimbabwe.

eFinance joins with strategic partners to deepen its presence in dynamic Egyptian and regional fintech startup scenes. eFinance for Digital and Financial Investments S.A.E. (“eFinance Investment Group”, “eFinance”, or the “Company”, EFIH.CA on the Egyptian Exchange), Egypt’s first fintech platform and one of its leading developers of digital payments infrastructures, announced a USD 10 million investment in Nclude by Global Ventures, a venture capital fund focused on investing in early- and growth-stage Egyptian fintech and fintech-enabled companies as well as the Middle East and Africa based fintech startups that are looking to expand to Egypt. This move is aligned with the Group’s strategy of supporting emerging high-potential new players in Egypt’s financial services sector, with an eye to developing the market’s e-payments ecosystem and expanding the Group’s transaction-based revenues. eFinance joins Nclude’s lead investors, National Bank of Egypt (NBE), Banque Misr, and Banque du Caire (BdC) who have partnered with Global Ventures, a leading MEA-focused venture capital firm, to establish a vehicle of unprecedented scope and size in Egypt and the Middle East and Africa Region. This bold and unprecedented step is an implementation of the country’s strategic vision to support young innovators who will build the Egyptian Economy of the future. Nclude will focus on accelerating Fintech Innovation and driving Financial Inclusion. “Our engagement with Nclude will allow eFinance to better fulfill our mandates of furthering digital transformation and expanding financial inclusion in Egypt,” said eFinance Chairman Ibrahim Sarhan. “The fund promises to develop cutting-edge prospects and thus accelerate Egypt’s journey towards a financially inclusive economy, in accordance with the objectives of Egypt Vision 2030 and the directives of the Central Bank. By assisting Egyptian and regional fintech startups with the tools they need, eFinance enhances its own ability to deliver on the fourth pillar of the Group’s integrated growth strategy, which prioritizes investments in dynamic startups and high-potential fintech platforms. As we deepen our presence in the startup and fintech spaces, eFinance will win access to lucrative growth-phase technologies and platforms, diversify both the Group’s portfolio and its expertise, and offer indirect exposure to dynamic private sector markets,” Sarhan continued. “Meanwhile, successful investments will allow us to engender profitable synergies between investees and the subsidiaries in our existing platform, and the Nclude fund also gives us an opportunity to expand our international footprint beyond Egypt and Africa. We look forward to an exciting new journey with Nclude, and to deepening strategic alignment between ourselves and our partners at the Central Bank and in Egypt’s commercial banking sector,” he concluded. Fintech activity in Egypt has taken a significant leap forward in recent years, making the country an attractive location for entrepreneurs and prospective investors in this industry. The friendly investment climate reflects the success of government reforms aimed at streamlining regulatory and licensing processes, in addition to the Central Bank of Egypt’s initiatives in partnering with fintech players to promote a digitized and cashless economy. The Central Bank has further established a startup incubator to raise Egypt’s profile as a hub for fintech activity in the Middle East and Africa and has supported the creation of specialized investment platforms that partner with Egyptian commercial banks and local and global investors to identify and promote promising new fintech businesses with the potential to further the objective of a digital economy.