Globalization and Digitalization Role in Promoting Digital Inclusion in Egypt

Abstract

Digital financial inclusion intersects with globalization through digital technologies and represents a vital tool in expanding financial access while overcoming the challenges of poor basic physical infrastructures. Egypt's resilient population of over 100 million represents challenges due to limited resources and the presence of unbanked and underserved citizens. This population growth has spurred Egypt to redouble its efforts to promote affordable digital financial inclusion. This chapter investigates the Egyptian government's efforts to promote digital financial inclusion, focusing on adopting digital financial inclusion. The study used a logical description methodology. This study shows Egypt's adoption of Fintech has seen significant growth, especially in digital assets and payments, contributing positively to financial inclusion and economic development. The findings of this research hold substantial implications for policymakers, government administration, and the private sector, underlining the importance of their role in fostering digital financial inclusion in Egypt.