Egypt is hosting its first Fintech conference titled “Seamless North Africa” on February 6-7 to revitalize the country’s digital economy. (Shutterstock)Aiming to endorse the use of financial technology applications in Egypt for efficient and cheaper financial services, Egypt is hosting the first Financial Technology conference “Seamless North Africa” on February 6-7 to revitalize the country’s digital economy. For two days, the conference sessions will include three main themes, including financial technology, payment systems and e-commerce, Egypt’s central bank said in a statement on Friday. The FinTech conference represents the starting point towards growing usage of Fintech applications in Egypt led by the Central Bank of Egypt,” Egypt’s central bank governor Tarek Amer said in the statement. According to the central bank statement, the winners will receive a cash prize of over LE250,000 as well as a free invitation to the next ‘Seamless’ conference held in Dubai.

Source: The North Africa Journal February 05, 2018 09:56 UTC