Digitize Investment and Technology Group plans to offer 30% of its shares on the Nilex in 2022, with plans to move to the EGX by 2025.
Who is affected🤷 Solid Capital Group will lead the offering process, which is planned to be implemented over two phases, starting in the Nilex in 2022 then moving to the EGX in 2025. Digitize operates in the telecommunications & information technology sector. The company’s main operations include the construction, installation & handling of 4G & 5G wireless networks, e-commerce, as well as businesses in the area of digital transformation.
Why is this important🤔 Digitize is currently working in partnership with international companies & the Egyptian government in the “Hayah Karima” project to deliver optical fiber networks to the villages of Egypt. Digitize plans to invest in several areas of digital transformation such as financial technology, integrated systems, smart cities.
