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Thndr Claps » EGY Claps » Education 🏫 » Contact Financial to finance new sectors🏫

Contact Financial to finance new sectors🏫

by Ziad Amin
June 13, 2022

The Clap
Contact Financial (CNFN) plans to provide financing to new sectors such as education, healthcare and agriculture.

Education
Contact will allocate EGP 2 billion to finance education in H2-2022. The company has already signed agreements with a number of schools and universities to facilitate the payment of expenses. Parents can also obtain financing to pay expenses in direct agreement with Contact.

Healthcare
Contact also plans to fund the purchase of medical equipment, & is set to sign an agreement with online dental care platform Toothpick.

Agriculture
The company is still studying the best ways to finance modern irrigation systems and solar power plants in large farms.

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