As part of its ongoing commitment to enhancing cooperation with African central banks

the Central Bank of Egypt (CBE) hosted a high-level delegation from the Bank of Tanzania

aiming to exchange expertise and share best practices in Business Continuity Management (BCM)

The visit was conducted under the CBE’s expertise-exchange program and reflects Egypt’s leading

role in supporting institutional development and financial stability across the African continent

Exploring Egypt’s Leading Business Continuity Framework

The five-day visit brought together a group of planning and management experts from

the Bank of Tanzania, who gained in-depth exposure to Egypt’s pioneering experience in

business continuity The program highlighted the critical role of BCM in ensuring the stability

resilience, and sustainability of banking operations, as well as enhancing preparedness and

response to crises and emergencies

CBE Emphasizes Knowledge Exchange and Capacity Building

Dr Naglaa Nozahie, Advisor to the Governor of the Central Bank of Egypt for African Affairs

stated that hosting the Tanzanian delegation underscores the CBE’s strong commitment to

expanding expertise-exchange initiatives with African central banks, particularly in strategic

areas such as business continuity and crisis management She noted that the program enabled

the visiting delegation to gain firsthand insight into the best practices implemented at the CBE

contributing to institutional capacity building and strengthening technical cooperation between

Egypt and Tanzania

ISO 22301 Certification Reflects CBE’s Readiness and Resilience

Mr Shehab Selim, Assistant Sub-Governor of the CBE for the Risk Management Sector

welcomed the delegation and highlighted that the Central Bank of Egypt’s achievement

of ISO 22301 certification reflects its commitment to applying the highest international

standards in Business Continuity Management He emphasized that the certification

demonstrates the CBE’s ability to ensure a swift and effective response to crises and

emergencies, reaffirming the Bank’s readiness to share its expertise in business continuity

and risk management with professionals from African central banks

Field Visits and Technical Sessions Enhance Practical Knowledge

The visit included a field tour of the alternative business continuity sites, allowing the

delegation to explore the operational systems and infrastructure designed to ensure

uninterrupted banking services In addition, the Tanzanian delegation participated in

interactive discussion sessions and technical presentations, addressing key challenges

faced by financial institutions and the strategies used to overcome them through effective

BCM frameworks The sessions also focused on developing business continuity capabilities

ensuring organizational readiness for potential disruptions, and emphasizing the vital role of

senior management support in the success of business continuity programs

Egypt’s Growing Role as a Regional Hub for Central Banking Expertise

The Bank of Tanzania delegation forms part of a series of specialized visits by African central

banks to the Central Bank of Egypt, aimed at fostering cooperation and benefiting from Egypt’s

extensive expertise in key central banking domains These areas include cybersecurity, payment

systems, banking supervision, risk management, and other critical functions, reinforcing Egypt’s

position as a regional center for central banking excellence and knowledge sharing in Africa