Egypt’s MSMEDA, EGX sign pact to widen SME access to capital markets
Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and the Egyptian Exchange (EGX) signed a…
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MSMEs
Egypt c.bank-backed BDS Hubs reach half a million entrepreneurs
The Central Bank of Egypt (CBE) said on Wednesday that it had reached more than half a million entrepreneurs and…
Egypt’s Cabinet approves MSME law, offers path for informal firms
Egypt’s Cabinet approved on Tuesday amendments to the law governing micro, small, and medium-sized enterprises…
Egypt’s central bank hosts sustainable finance conference with IFC
Egypt’s Central Bank of Egypt (CBE), in partnership with the International Finance Corporation (IFC), hosted a…
Egypt’s MSMEDA signs pact to boost SME exports with EBank
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) and the Export Development Bank of Egypt…
Central Bank of Egypt, EBRD launch MasterTalks to boost banking innovation, financial…
The Central Bank of Egypt (CBE) and the European Bank for Reconstruction and Development (EBRD) launched a…
IFC launches $1b investment plan in Iraq
The International Finance Corporation (IFC), a member of the World Bank Group, announced $1 billion in new…
Egypt reviews N. Sinai development progress
Egypt’s Minister of Local Development Manal Awad met with North Sinai Governor Khaled Megahed to follow up on…
Egypt allocates EGP5bn to support MSMEs, entrepreneurs
Egypt’s Ministry of Finance and the MSMEDA signed a cooperation protocol to enhance financial sustainability for…
Egypt’s CBE, EBRD discuss boosting MSME cooperation
Egypt’s central bank governor Hassan Abdalla met with a delegation from the European Bank for Reconstruction and…
FRA reports EGP384b in financing by April
The Financial Regulatory Authority (FRA) announced that total financing provided by entities under its supervision…
EBRD, Jordan’s Bank al Etihad expand green finance
The European Bank for Reconstruction and Development (EBRD) has extended a US$ 30 million (€27.3 million)…
ADB approves $150m loan to boost MSME in India
The Asian Development Bank (ADB) and Shriram Finance Limited signed on Monday a $150 million loan agreement to…
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…
ADB offers $50m in loan to finance MSME in Uzbekistan
The Asian Development Bank (ADB) and Hamkorbank have agreed to a loan of 625 billion Uzbek sum (about $50 million)…
IFC supports green projects in Azerbaijani Manat with $20m bond
The International Finance Corporation (IFC), a member of the World Bank Group, has issued a four-year bond…
ADB offers loan to boost Indian MSMEs, EV sector
The Asian Development Bank (ADB) and SK Finance Limited have signed a $100 million loan agreement to support…
ADB provides $50m to boost Cambodia’s competitiveness
The Asian Development Bank (ADB) approved on Tuesday a $50 million policy-based loan to help Cambodia improve its…
AAIB issues Egypt’s 1st sustainability bond with IFC, EBRD support
Egypt has launched its first sustainability bond, issued by the Arab African International Bank (AAIB) and raising…
EBRD backs Ukraine’s industries with €690m
The European Bank for Reconstruction and Development (EBRD) is providing new guarantees to Ukraine’s banking…
Egypt’s MSME funding grows 4.2% in Q2 – FRA
Egypt’s funding for microenterprises reached 782.0 million Egyptian pounds in the second quarter of 2024,…
India approves 12 new industrial smart cities
India is poised to become a global manufacturing powerhouse with the approval of 12 new project proposals.
CBE: 4.7 mln MSMEs receive EGP 78 bln finance till June 2023
The Central Bank of Egypt (CBE) said that 4.7 million micro, small and medium enterprises (MSMEs) have received a…
European Bank loans National Bank of Egypt $100 mln
The European Bank for Reconstruction and Development (EBRD) announced a new loan of $100 million to the National…
Al Baraka Bank gets 50mln finance from IFC to support MSMEs in Egypt
The International Finance Corporation (IFC) has granted Al Baraka Bank Egypt a 50 million Murabaha Finance to…
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…
Egypt’s Al Baraka Bank may borrow $55mln from IFC
Al Baraka Bank is considering borrowing a loan of $55 million from the International Finance Corporation (IFC) to…
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…
AfDB grants Egypt $345 mln partial credit guarantees to boost green initiatives
The African Development Bank Group’s (AfDB) board has approved on Saturday Egypt’s Partial Credit Guarantee of $345…
EBRD mulls $100 million loan for Egypt’s Banque Misr
The European Bank for Reconstruction and Development (EBRD) is studying the provision of a senior unsecured loan of…
EBRD, EU provides $50 million to NBK Egypt for Egyptian MSMEs
The European Bank for Reconstruction and Development (EBRD) announced on Thursday a financial package of up to $50…
Egypt state banks to sign MSME climate financing deals with AFD, EU at COP27
Egypt's three biggest state-owned banks will sign on Thursday at the UN climate summit COP27 a joint agreement with…
EBRD, NBKE support MSMEs in Egypt through $40 million loan deal
The National Bank of Kuwait – Egypt (NBK Egypt) has secured a $40 million loan from the European Bank for…
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…
Egypt’s c.bank urges banks to facilitate measures for opening new bank accounts
The Central Bank of Egypt (CBE) issued new set of regulations for banks to facilitate measures required for opening…
National Bank of Egypt exempts MSMEs from e-commerce payments fees till June-end
The National Bank of Egypt, the country’s biggest state-run lender, announced on Thursday that it is exempting…
SANAD provides first Tier II capital in Egypt to Banque du Caire
Germany’s SANAD Fund for MSMEs has provided its first Tier II capital investment in Egypt to long-standing partner…
Egypt’s parliament approves 10 global pacts worth more than $400 million
Egypt’s parliament has approved 10 agreements signed with a number of international institutions worth more than…