The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has financed 51,000 youth-led micro- and small-sized projects with EGP 2.2 billion in investments across Alexandria between July 2014 and May 2025.
Updated 7/17/2025 8:46:00 AMBeltone Holding’s Beltone Leasing and Factoring has secured $20 million in funding from two leading impact investment funds managed by Germany-based Finance in Motion GmbH: the SANAD Fund for MSME and the Green for Growth Fund (GGF).
Updated 6/22/2025 8:44:00 AM
Egypt's House of Representatives approved a new simplified tax system for projects with an annual turnover of up to EGP 15 million.
Updated 1/27/2025 9:15:00 AM
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a memorandum of understanding (MoU) with the Commercial Bank of Egypt (CIB) to provide technical and financial support for micro, medium and small enterprises (MSMEs).
Updated 1/22/2025 8:22:00 AM
Fawry MSME, a fully owned subsidiary of Fawry, has facilitated 750,000 transactions with a total value of EGP 2 billion since the beginning of 2024 via its buy now, pay later (BNPL) digital solution for Fawry merchants, “Alnota” Overdraft.
Updated 12/3/2024 10:14:00 AM
The Commercial International Bank - Egypt (CIB) has signed a $150 million concessional development financing agreement with the International Finance Corporation (IFC) to support micro-, small-, and medium-sized enterprises (MSMEs).
Updated 11/25/2024 2:06:00 AM
The total financing granted by entities under the supervision of the Financial Regulatory Authority (FRA) reached EGP 51.5 billion by the end of August 2024.
Updated 11/7/2024 3:09:00 AM
The total financing granted by entities under the supervision of the Financial Regulatory Authority (FRA) reached EGP 62 billion by the end of July 2024.
Updated 9/30/2024 6:08:00 AM
Kredit, a subsidiary of GB Capital Group, has secured EGP 50 million in financing from the National Bank of Egypt (NBE) as part of its expansion plan to promote financial inclusion and support small and medium enterprises (SMEs).
Updated 9/29/2024 11:05:00 AM
The European Bank for Reconstruction and Development (EBRD) is planning to finance several Egyptian banks with $705 million within the second half (H2) of 2024.
Updated 7/14/2024 8:23:00 AM
First Abu Dhabi Bank Misr (FABMISR) has sealed a cooperation agreement with Cayesh, Egypt’s first supply chain finance company.
Updated 6/9/2024 3:51:00 AM
AMAN Holding has entered a strategic alliance with the Business Egypt Program, funded by the United States Agency for International Development (USAID) and implemented by DAI global.
Updated 4/14/2024 10:08:00 AM
The International Finance Corporation (IFC) is providing Banque du Caire with a $100 million loan, according to a disclosure by the IFC.
Updated 3/31/2024 12:13:00 PM
The European Bank for Reconstruction and Development (EBRD) will provide a financing package worth $50 million to Banque du Caire (BDC) to empower micro, small, and medium enterprises (MSMEs) in Egypt.
Updated 2/25/2024 8:19:00 AM
The Central Bank of Egypt (CBE) has extended the deadline for banks to dedicate 25% of their loan and credit portfolios to finance micro-, small-, and medium-sized enterprises (MSME) for another year that ends on December 31st, 2024.
Updated 1/21/2024 1:26:00 AM
The European Bank for Reconstruction and Development (EBRD) will be provide the National Bank of Egypt (NBE) with up to $100 million senior unsecured loan under an A/B loan structure for micro, small, and medium-sized enterprises (MSMEs).
Updated 12/21/2023 8:16:00 AM
The International Financial Corporation (IFC) will extend access to finance for privately-owned micro, small, and medium-sized enterprises (MSMEs) in Egypt, including women-led businesses, via a $234 million loan to Banque Misr.
Updated 10/16/2023 7:16:00 AM
Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a memorandum of understanding (MoU) with the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) to support micro, small, and medium-sized enterprises (MSMEs).
Updated 6/19/2023 3:04:00 AM
Reefy Microfinance Enterprise Services, CI Capital’s microfinance arm, will obtain a senior unsecured loan of up to EGP 200 million from the European Bank for Development and Reconstruction (EBRD).
Updated 6/18/2023 9:12:00 AM