CAIRO – The “FinTech Egypt” an initiative, which is affiliated to the Central Bank of Egypt (CBE), has announced introducing a new academic course about “basics of fintech” in some universities, in cooperation with the Egyptian Banking Institute (EBI).
The CBE, in a statement issued on Thursday, said that new course will be initially introduced in the Arab Academy for Science, Technology and Maritime Transport (AASTMT), then The British University in Egypt (BUE) and the Newgiza University (NGU).
The move comes in line with the CBE’s endeavors that aim at the development and advancement of FinTech talent and contributing to promoting financial inclusion in society, in addition to creating job opportunities for young talents in this promising field.
The Central Bank of Egypt has launched a number of initiatives aimed at supporting young talent and raising the level of digital financial literacy, most notably the “FinYology” initiative that was launched in February 2020, with the cooperation of the EBI, a significant number of universities that reached 25 public and private universities, as well as banks and FinTech startups.
The “FinYology” initiative aims for the development of young FinTech talents, and is aspiring to spread awareness for the innovations and applications of FinTech, through empowering and motivating university students in relevant disciplines to develop innovative and customer-centered FinTech solutions that suit the nature and meet the needs of the Egyptian market.
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