February 25, 2025 – GRGBanking, a leading innovative solutions provider, has deepened its strategic engagement in Africa through a high-level visit led by Mr. Andy Huang, Chairman of Guangzhou Digital Technology Group. The delegation visited Egypt and Morocco, fostering discussions on localized cooperation, innovative financial solutions, and digital transformation. The company aims to assist its partners in enhancing operational efficiency while advancing its global localization strategy.
During the visit to Egypt, GRGBanking held in-depth discussions with IST (Idol System for Technology), its local strategic partner. A key milestone of the visit was signing a Memorandum of Understanding (MOU) to establish the first ATM operation platform in the Middle East and Africa. This initiative aims to enhance service efficiency and market competitiveness, marking a significant step in the financial digitalization of Egypt and neighboring markets.
The partnership has garnered strong interest from the Egyptian government. Mr. Eng. Ahmed El Zaher, CEO of ITIDA (Information Technology Industry Development Agency), welcomed the initiative and emphasized Egypt's favorable ICT business environment and highly skilled talent pool. He reiterated, "ITIDA will support the development of a robust ATM operation platform developed by GRGBanking and IST and the local manufacturing of hardware components in Egypt. This helps further position Egypt as a global hub for IT services and innovation."
Group photo with ITIDA
Further reinforcing its presence in Egypt, Andy Huang and his delegation met with key financial institutions, including Egypt Post. In discussions with Mrs. Dalia El Baz, the focus was on digital branch transformation, advanced digital banking services, and cash management solutions. The talks underscored how GRGBanking's state-of-the-art technologies can optimize banking operations and accelerate the region's financial digitalization.
Meeting with Egypt Post
GRGBanking engaged in in-depth discussions with leading local financial institutions and partners on financial ecosystem development and digital banking transformation in Morocco. Andy Huang highlighted, “GRGBanking’s commitment is supporting Morocco's digital evolution and addressing the financial sector's evolving needs.” Additionally, the delegation met with Mr. Li Changlin, China's Ambassador to Morocco, reinforcing China-Morocco's collaboration in fintech and digital transformation.
GRGBanking's visit to Africa highlights its strategic vision for global expansion and its commitment to driving innovation-led financial solutions. By collaborating with regional partners and governmental institutions, GRGBanking is pivotal in advancing financial inclusion and accelerating digital transformation across the African markets.