Vodafone Egypt acquires 9.99% stakes in Bee and Masary, the subsidiaries of Ebtikar Holding for Financial Investments. The acquisitions comes the MoU signed between the two companies in February 2021 in which Vodafone announced that it has acquired 20% stake in e-payment companies Masary and Bee,
This acquisition is meant to contribute to the growth of the volume of business and the development of the work system and the services provided by the two companies while benefiting from their expertise in Africa.
This comes as confirmation of the company’s desire to increase its investments in the Egyptian market, especially in the field of digital transformation, and to achieve financial inclusion in Egypt.
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