Cairo – Mubasher: Banque Misr and Commercial International Bank (CIB) have arranged and granted joint financing worth EGP 6.35 billion to Benya Group.

The funding will be used in financing projects awarded to Benya covering the technological infrastructure of Egypt’s telecom sector, Ahram Gate reported.

The financing aims to implement and support the state’s digital transformation plan.

Benya Group is the leading digital solutions and ICT infrastructure provider in Egypt and the Middle East and Africa (MEA) region. Through its subsidiaries, the group offers a wealth of products, services, and digital solutions, including telecommunication services, cloud and security solutions, hyperscale data centers, manufacturing technology-based solutions, and systems integration.