eFinance Investment Group, revealed the company’s plan to enter the Saudi market during the current year.
Entering the Saudi market will take place in cooperation with the Saudi Public Investment Fund (PIF).
PIF acquired 25% of the shares of e-finance” last year, making the Saudi Public Investment Fund one of the largest shareholders in the group.
e-Finance is looking forward to maximizing the benefit from the international investor base it enjoys to enter new African and Arab markets in the future.
eCards, a subsidiary of the eFinance Investment Group, signed an agreement to digitize health care services through a 10-year contract to operate and manage smart cards for the medical system in Zimbabwe, in cooperation with Tres Groupe International (TGI).
Under the contract, eCards will provide system management services to more than 2 million beneficiaries by issuing prepaid cards with international specifications.