The Central Bank of Egypt (CBE) recently welcomed a high-level delegation from the Bank of Tanzania (BOT) to enhance economic ties with African nations, CBE said in a statement on Wednesday.
This visit is part of a cooperation programme to foster knowledge exchange in digital transformation, financial technology (FinTech), and payment systems.
Rami Aboulnaga, CBE’s deputy governor, welcomed the delegation, underscoring the CBE’s commitment to strengthening regional collaboration with African counterparts.
He highlighted Egypt’s pioneering role in digital banking services, especially in the context of technological advancements that facilitate financial transactions for citizens.
The delegation, led by CBE’s deputy governor, was briefed on the bank’s initiatives to align with global trends in digital transformation, including developments in FinTech, electronic payments, cybersecurity, and data science.
They also received insights into the CBE’s strategic approach to formulating and implementing key regulatory frameworks, corporate governance, and human resources management.
This meeting underscores the strong historical ties between the CBE and other African central banks, particularly with the BOT. It reinforces ongoing efforts to enhance regional cooperation and promote the exchange of expertise and knowledge. ahram Online
