Mideast Communication Systems( MCS) has entered into a MoU with Egypt’ s Ministry of Petroleum and Mineral Resources to strengthen cybersecurity capabilities and cultivate skilled talent across the petroleum sector.
This move forms part of wider efforts aimed at advancing Digital Transformation in critical industries.
The agreement was signed by Wael Lotfy, Deputy Minister for Projects, and Tarek Shabka, Chairperson of MCS.
It reflects a joint commitment to establishing a secure and resilient digital ecosystem that supports Business Continuity in one of Egypt’ s most vital sectors.
As part of the MoU, both sides will work together to deliver targeted cybersecurity training programmes.
Vodacom Tanzania has announced the successful transformation of its M-Pesa platform following a US $ 28 million strategic investment, marking one of the most significant fintech infrastructure upgrades in the country’ s history.
The move transitions M-Pesa from its legacy G2 system to a next-generation financial technology platform built for scale, resilience and innovation, positioning Vodacom to meet the accelerating demand for secure and seamless digital financial services across Tanzania.
“ This investment is about futureproofing one of Tanzania’ s most important financial platforms. We are strengthening the foundation of M-Pesa to ensure it remains secure, reliable, and ready to support innovation at scale. Our customers deserve a platform that evolves with their needs, faster, stronger, and more resilient,” said Philip Besiimire, CEO Vodacom Tanzania.
These initiatives are designed to provide employees with the expertise required to navigate an increasingly complex cyberthreat landscape.
The collaboration is expected to enhance the security of digital infrastructure while also driving greater operational efficiency across the sector.
EGYPT TANZANIA www. intelligentcio. com
INTELLIGENT CIO AFRICA
33