The agency has created 152,000 job opportunities, she added, benefiting around 83,000 projects that were mainly ran by either women or youths
The agency has received $50 million through the loan agreement, signed in 2020, out of a total $200 million, said Tarek Shash, Vice Executive Director of MSMEDA
Both ministers discussed future opportunities for MSMEDA and the financial support needed to expand its services during their meeting
The expansion into the African market will help project owners to take advantage of the raw materials and natural resources available in these countries
The development financing, worth EGP 2.8 billion, was distributed to separate groups, with founders aged 30-40 years old receiving 36%