Egypt hosts Kenyan central bank team for cybersecurity knowledge exchange

The Central Bank of Egypt (CBE) hosted a three-day visit by a senior delegation from the Central Bank of Kenya (CBK) to share expertise on cybersecurity, the CBE said on Sunday.

Talks centred on the work of the CBE’s Cybersecurity Sector and the Egypt Financial Computing Incident Response Team (EG-FinCIRT), which Egypt describes as “a pioneering regional model” for protecting financial systems in Africa and the Middle East.

The five‑member Kenyan team, drawn from the CBK’s Banking Sector Security Operations Centre, examined Egypt’s approach to safeguarding financial infrastructure, with a focus on FinTech oversight and resilience.

Sherif Hazem, CBE Sub‑Governor for Cybersecurity, said regular visits from African central banks highlight Egypt’s role in fostering cooperation against global cyber threats.

“The consistent visits by African central banks to leverage Egypt’s expertise in this critical field highlight the CBE’s leadership in cybersecurity. As global cyber threats grow, such collaborations are vital to strengthening national capabilities to adopt and expand the use of emerging technologies.” Hazem said.

The discussions covered threat‑detection tools, mitigation strategies, compliance with international standards, and licensing requirements for FinTech applications. Egypt also showcased how cybersecurity is embedded in its digital transformation strategy to ensure financial stability.

The CBK delegation said it is considering establishing its own dedicated incident‑response unit and regulatory framework to strengthen Kenya’s financial‑sector cybersecurity.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser