Al Tadamun Microfinance Foundation has officially renewed its credit facility agreement with Banque Misr, securing 200 million EGP to empower female-led micro-enterprises. This strategic move aims to provide women entrepreneurs …
Microfinance
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EconomyHighlights
How Egypt’s FRA is Empowering 1.9 Million Women Through Financial Inclusion and Boardroom Quotas
Dr. Islam Azzam, Executive Chairman of the Financial Regulatory Authority (FRA), emphasized the urgent need to expand financial literacy and cybersecurity initiatives. As fintech adoption grows, the FRA is dedicated …
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HighlightsNews
“Financial Inclusion Is No Longer an Option but a Necessity,” El-Etreby Says as Women’s Inclusion Tops 71%
Women’s financial empowerment has emerged as a defining feature of Egypt’s recent economic transformation, as banking leaders report sharp gains in inclusion and call for deeper efforts to sustain inclusive …
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HighlightsNews
Egypt’s ‘NilePreneurs’ Initiative Expands Reach, Boosts SME Growth and Financial Inclusion
Egypt’s flagship entrepreneurship initiative, Central Bank of Egypt-backed “NilePreneurs” (Rowad El Nile), is showing measurable progress in expanding support for startups and small businesses, according to newly released official data. …
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Egypt is stepping up its transition from social assistance to sustainable economic development through a comprehensive financial empowerment strategy, officials said following a high-level government meeting this week. The session, …
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HighlightsNews
Egypt’s Microfinance Overhaul: Abu El-Saad Launches Nationwide Review, Uncovers 513 Inactive Microfinance Associations in Sector Cleanup Drive
Egypt’s Future Businesswomen Association is preparing for a significant expansion, aiming to raise its financing portfolio to EGP 200 million by 2026, signaling a broad shift from its early days …
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Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) CEO, Bassil Rahmy, announced that the agency has invested more than EGP 18 billion over the past 11 years to support …
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HealthHighlights
Amb. Nabila Makram Leads New National Partnership to Combat Drug Abuse and Empower Recovering Individuals in Egypt
As part of Egypt’s National Strategy to Combat Drug Abuse and Reduce Addiction Risks, launched under the auspices of President Abdel Fattah El-Sisi, a new cooperation protocol has been signed …
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HighlightsNews
MSMEDA and Banque du Caire Sign EGP 500 Million Deal to Empower Women and Youth in Micro-Enterprise Sector
Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has partnered once again with Banque du Caire to launch two new financing agreements totaling EGP 500 million, aimed at expanding …
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HighlightsNews
Egypt’s Minister of Social Solidarity Witnesses Agreement Signing with Banque Misr to Digitize Financial Services for Rural Beneficiaries
In a strategic step toward deepening financial inclusion and fostering economic empowerment, Egypt’s Minister of Social Solidarity, Dr. Maya Morsy, presided over the signing of a major cooperation protocol between …