Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.
Three years ago, when electric mobility was still an experimental idea in much of Africa, Japanese entrepreneur Yuma Sasaki made an unconventional choice.
A circular issued recently by the CBE expands the legal definition of "financial companies" to include fintech startups, money transfer operators, and SME lenders.
"Growth is outpacing the structures built to hold it. The answer is not more stores, it is a better middle layer." - Larry Hodes, CEO Grow Franchising & FASA Board Member, writes from Johannesburg.
The Cairo-based firm has quietly returned more than ten times invested capital to its first fund. Its method - rooted in infrastructure built two decades ago for mobile telecoms - is worth examining.
Disruptions to tanker traffic through the Strait of Hormuz — which typically handles 20% of global oil flows — have slashed exports through the corridor from 20 million barrels per day to 3.8 million during peak disruptions.
"You cannot wait for perfect conditions because perfect conditions are never coming." - Ray Langa, Group CEO of Leagas Delaney South Africa, writes from Johannesburg
Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.
The new virtual asset rules demand high capital, local custody, and bank-held reserves - creating a moat that traditional lenders are perfectly positioned to fill.
