The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a EGP 300 million microfinance agreement with Reefy Microfinance Enterprise Services Co.

Reefy Microfinance Enterprise Services has granted financing amounting to EGP 4 billion in 2024, bringing the total financing to EGP 20 billion

CI Capital has successfully concluded the EGP 884 million securitized bond issuance for The Egyptian Company for Securitization, on behalf of Reefy Microfinance Enterprise Services, which serves as the originator of the portfolio.

Microfinance Services Company Reefy has signed a strategic cooperation agreement with Damen epayment to integrate microfinance services with digital payment solutions, offering comprehensive options to customers and enhancing their experience through improved accessibility.

The microfinance firm Reefy has partnered with the insurance services provider GIG Egypt to promote microinsurance services in Egypt.

Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed an EGP 150 million financing agreement with Reefy to back micro- and medium-sized enterprises operated by Egyptian women.

The diversified financial services group CI Capital has wrapped up an EGP 700 million securitized bond issuance for Reefy Microfinance Enterprise Services.

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).