Post Connect

2024

ABOUT Post Connect

Post Connect is a JV between Egypt Post, PFI and Beyon Connect of Bahrain established in 2024. The company will launch the ’Bareedi’ digital postbox solution; the electronic registered mail service delivering cutting-edge and sustainable digital solutions to Egyptian citizens. Bareedi will help streamline everyday digital communication while complying with international personal data protection, data sovereignty, and privacy laws. It will also minimize the need to physically deliver and exchange millions of letters and documents between entities and individuals, which will improve efficiency, decrease costs and support the carbon footprint reduction efforts. This investment comes as part of PFI’s strategy to support ENPA’s digital transformation strategy, and Egypt’s 2030 vision’s sustainability goals, emphasizing technological progress and digital inclusivity.

PFI owns a 5% stake in the company with an investment amount of EGP 6.25mn

INVESTMENT START DATE

2024

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