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MSMEs

MoIC and TradeMins discuss MSME development funding

Both ministers discussed future opportunities for MSMEDA and the financial support needed to expand its services during their meeting

MSMEDA launches platform for African women-led SMEs

The expansion into the African market will help project owners to take advantage of the raw materials and natural resources available in these countries

Egypt issued EGP 2.8B to MSMEs in H1 2021: MSMEDA

The development financing, worth EGP 2.8 billion, was distributed to separate groups, with founders aged 30-40 years old receiving 36%

Egypt’s 1st SME-focused investment company gets nod of approval from FRA

Pyramid Private Equity is aiming to grow the volume of investments to more than LE 1 billion, partnering with various banks that target the growth of the SMEs sector.

Egypt 2nd largest share of total venture investment in MENA: MAGNiTT

In its recent Egypt Venture Investment Report 2020, MAGNITT looked at the Egyptian startup ecosystem that pushed forward during an unexpected global upheaval