The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a Memorandum of Understanding (MoU) with the Commercial International Bank (CIB) to provide both technical and financial support to …
MSMEs
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News
MSMEDA Partners with UNDP to Strengthen Egypt’s MSME Sector, Focus on Innovation and Sustainability
In a strategic move to bolster Egypt’s Micro, Small, and Medium Enterprises (MSME) sector, the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has renewed its partnership with the United …
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EconomyHighlightsNews
Mastercard and Boost partner to fuel growth of MSMEs to accelerate cash digitization in FMCG distribution networks
Mastercard and Boost have partnered to drive the growth of small businesses operating in last-mile fast-moving consumer goods (FMCG) distribution networks. This will be the final stage of supply chains …
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The European Bank for Reconstruction and Development (EBRD) is increasing its support for women entrepreneurs in Egypt with a loan of €13.2 million to Tasaheel for Financing (Tasaheel), Egypt’s largest …
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The European Bank for Reconstruction and Development (EBRD) has announced a significant investment in Egypt’s micro, small, and medium-sized enterprises (MSMEs). The initial loan of $119.5 million will be directed …
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Banque du Caire and the International Finance Corporation (IFC), a member of the World Bank Group, joined forces to support Egyptian businesses and trade with a $100 million financing agreement. …
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According to the EBRD’s website, The European Bank for Reconstruction and Development (EBRD) is offering a financing package of US$50 million (€46 million) to Banque du Caire (BDC), one of …
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“Egypt’s “National Project for Community, Human, and Local Development” (Mashrouak) has achieved a record lending rate of EGP 200 million in January 2024.”, Local Development Minister ,Hisham Amna, said . …
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IFC announced today a partnership with Al Baraka Bank Egypt to increase access to finance for micro-, small- and medium-sized enterprises (MSMEs) in Egypt, including women-owned businesses, helping catalyze economic …
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Qardy, an online lending marketplace, has partnered strategically with Sandah, a for-profit microfinance company, to empower and support micro, small, and medium enterprises (MSMEs) in Egypt. The partnership aims to …