CAIRO  - Vodafone Egypt has signed a memorandum of understanding (MoU) to buy 20% stakes in two digital payment companies, Bee and Masary, it said in a statement on Tuesday.

Both companies are owned by Ebtikar, a subsidiary of Egypt’s MM Group.

(Reporting by Ehab Farouk; Writing by Nafisa Eltahir; Editing by Edmund Blair) ((Nayera.Abdallah@thomsonreuters.com;))