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e-finance VP: Shared Cloud Infrastructure is the Bedrock of Egypt’s $3.7B Digital Finance Ambitions

Tuesday 31 March 2026 11:24
e-finance VP: Shared Cloud Infrastructure is the Bedrock of Egypt’s $3.7B Digital Finance Ambitions

Speaking at the “Scaling Digital Finance in Egypt” forum, Ahmed Sobhi, Vice Managing Director for Investment and Finance at e-finance, asserted that a robust digital ecosystem relies on unified infrastructure rather than isolated platforms. Sobhi highlighted Cloud Computing as a pivotal pillar, providing a secure and standardized environment for seamless data exchange.

According to Sobhi, this "software-defined cloud" model is essential for lowering entry barriers for SMEs, allowing them to integrate into the national financial grid with minimal complexity. By fostering a collaborative "plug-and-play" environment, Egypt aims to mirror the success of global models like the Indian Digital Stack, where multiple stakeholders thrive through shared value chains and data interoperability.