Egypt’s CBE allows banks to open service units to expand financial access nationwide
Egypt’s central bank has issued new instructions on Monday allowing banks to establish service units outside their…
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Egyptian MSMEs
MSMEDA, Visa partner to drive digital payments for Egyptian SMEs
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) and global payments firm Visa on Monday…
Egypt launches 332 ready-to-use factory units for SMEs across 10 governorates
Egypt’s government is offering 332 fully equipped industrial units to small and medium-sized enterprises (SMEs)…
Egypt’s MSMEDA allocates over EGP 500m to boost small, micro enterprises
Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has allocated more than 500 million…
MSMEDA, Erada sign EGP60m microfinance deal
The Micro, Small, and Medium Enterprises Development Authority (MSMEDA) and Erada for Micro Projects have signed a…
SPE Capital, EBRD, TCV, BII acquire Egypt’s Tamweely
A consortium of investors, including SPE Capital, the European Bank for Reconstruction and Development (EBRD),…
IFC, Banque Misr partner for bigger access to finance for Egypt women-led MSMEs
World Bank’s International Finance Corporation (IFC) announced on Sunday a partnership with Egypt’s Banque Misr to…
Egypt launches pricing reference index for MSMEs
Egypt has launched on Sunday its first official pricing reference index for financing micro, small and medium…
EBRD extends $100 mln loan to Egypt’s Banque Misr for MSMEs
The European Bank for Reconstruction and Development (EBRD) grants Banque Misr a $100 million loan for on-lending…