Government Financial Network (GFN)

eFinance has successfully built a solid foundation to provide industry leading digital payments solutions across the nation through the establishment and continued development of our digital financial network that forms the backbone of the Egyptian government’s digital transformation strategy. The Egyptian Government’s financial network achieved a significant leap in digital financial collections, which came despite the large increase in transaction volumes, where total electronic collections, settlements, and the clearance of financial transactions through all governmental payment and collection channels reached EGP 500 billion during the first six months in 2022. The network’s operational indicators continued to function with the same efficiency and remained in line with the highly advanced security and encryption procedures set in place, which meet all national security standards. This comes as a result of the high-quality infrastructure set in place by eFinance, which enables the network to accommodate the operations of all government agencies, in addition to the Group’s keenness in developing the network and equipping it with the most up-to-date technology