U.S. tech giant Amazon has exercised its option to acquire a direct equity stake in Valu, one of Egypt’s leading financial technology companies, marking a key milestone in the firm’s growth as it prepares to begin trading on the Egyptian Exchange (EGX). Amazon is set to acquire approximately 3.95 percent of Valu at a price of USD 0.12 (EGP 6.041) per share, under the terms of a 2022 agreement with Valu’s parent company, EFG Holding. The move comes amid growing international investor interest in Egypt’s financial sector, despite persistent regional macroeconomic headwinds. Executives from EFG Holding and Valu welcomed the development, casting it as a validation of the company’s trajectory and regional significance. Valu is a leading financial technology provider in the MENA region, offering convenient, comprehensive solutions for individuals and businesses.