The Central Bank of Egypt and the South African Reserve Bank Strengthen Cooperation in Financial Inclusion, Digitalization, and Cybersecurity
As part of efforts to enhance bilateral cooperation between Egypt and South Africa in the banking and central banking sector, Ambassador Ahmad Sharief, Egypt’s Ambassador to South Africa, received a high-level delegation from the Central Bank of Egypt, headed by Eng. Ayman Hussein, First Deputy Governor of the Central Bank of Egypt for Information Technology, during an official visit to South Africa.
The meeting, attended by senior officials from the South African Reserve Bank, including Faizel Jeena – Head of Department, Prudential Authority, featured extensive discussions on advancing the distinguished and close bilateral relations between the two countries in the banking sector, particularly in the areas of financial inclusion, digitalization, enhancing cybersecurity, and governing the use of artificial intelligence in banking.
The visit of the Central Bank of Egypt delegation to Pretoria was conducted within the framework of a joint program between the Central Bank of Egypt and the South African Reserve Bank, aimed at exchanging expertise and best practices, strengthening shared knowledge and cooperation across all sectors related to central banking, while taking into account the leading role that the central banks of both countries play across Africa.
