The agency has provided entrepreneurship training to 9,251 individuals, empowering them to start and grow their businesses.
The committee, established under the directive of PM Mostafa Madbouly, aims to enhance the capabilities of local startups and create a favorable environment for sustainable economic growth driven by competitiveness and innovation, contributing to the creation of decent job opportunities.
Microfinance entities and associations reported that their financial standings showed significant growth, reaching about EGP 54.8 billion, up from EGP 38.4 billion.
The meeting, chaired by GAFI CEO Hossam Heiba and Hossam Abdel Qader, Head of the Central Entrepreneurship Department, saw the participation of key stakeholders from the private sector
FRA highlights that in Q4 of 2023, there was a notable increase in various sectors, with leasing contracts, factoring, consumer finance, MSMEs, and mortgage financing experiencing significant growth.
