We have operated in Egypt since 1998, when Click GSM began operating in the Egyptian market as a consortium between Vodafone, Air Touch and other local and international partners. In January 2002, Click GSM became Vodafone Egypt, and today, it serves more than 44 million customers.
We also offer Vodafone Cash in Egypt, a financial services platform built on M-PESA, providing around 3 million customers with peer-to-peer money transfers, payments, savings products and access to micro-loans. Around 80% of the population in Egypt are unbanked. Vodafone Cash and M-PESA have been key drivers of financial inclusion across our markets in Africa, and there is huge potential for these services to have a similarly positive impact in Egypt.
In November 2021, Vodafone agreed to transfer its 55% shareholding in Vodafone Egypt to Vodacom, its sub-Saharan African subsidiary. This transfer simplified the management of Vodafone’s African holdings, helping to strengthen the delivery of connectivity and financial services in Africa. The transaction is awaiting regulatory approval.
Vodafone Egypt plays an important role in supporting sustainable development across the country through the Vodafone Egypt Foundation, which uses mobile technology to help more people access communication technologies. The Foundation also supports non-governmental organisations and civil society groups to benefit its communities in the areas of health and children's education.
Most people know Egypt as the site of the pyramids, which were built by one of the world’s earliest urban and literate societies. But today, Egypt is one of Africa’s largest economies, with a thriving and diverse culture. More than 13 million travellers visited the country in 2019.
On the map: Egypt’s national animal is the steppe eagle, its flower the lotus, and the Great Sphinx of Giza is a famous landmark.
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