African Development Bank mulls $100 million line of credit for Egypt’s Banque Misr
The African Development Bank (AfDB) is considering a new line of credit up to $100 million to Egypt’s state-run…
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Egypt’s SMEs
Ahli United Bank Egypt secures $82 million EBRD, EU, GCF fund
Ahli United Bank – Egypt (AUBE), part of Bahraini Ahli United Bank Group, received on Thursday a $82 million…
France’s AFD to sign €150 million financing deal with 3 Egyptian banks in Q1-2022, source…
The French Development Agency (AFD) is expected to sign a new financing agreement worth around €150 million ($169…
HSBC launches Foras Trade Fund to support Egypt SMEs
HSBC has launched on Tuesday a Foras Trade Fund worth 3 billion Egyptian pounds ($191 million) to support small and…
Egypt launches Tamayoz, an index for SMEs
Egypt launched on Wednesday Tamayoz, a sentiment index for small- and medium enterprises (SMEs).
Egypt’s United Bank secures Afreximbank $600 million loan to support SMEs – sources
African Export-Import Bank (Afreximbank) will loan Egypt’s United Bank $600 million for on-lending to support small…
EBRD loans NBE $100 million to support Egyptian SMEs
The European Bank for Reconstruction and Development (EBRD) is lending the National Bank of Egypt (NBE) $100…
Amazon Payment Services waives service fees for Egypt SMEs to support c.bank initiative
Amazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region, announced…
HSBC, Reefy sign EGP 150 mln deal to support Egyptian women-led MSMEs
HSBC and Egyptian microfinance institution Reefy signed on Saturday an agreement to provide 150 million Egyptian…
Egypt, Sudan will sign a MoU on boosting SMEs
Egypt and Sudan will be signing a memorandum of understanding to boost cooperation on developing micro, small and…
