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Egypt’s FRA makes insurance mandatory for microfinance provider
REGULATION WATCH- FRA makes insurance mandatory in micro- and SME finance: The Financial Regulatory Authority (FRA) is forcing microfinance and…
ٍMICROFINANCE
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Halan CEO, Swvl co-founders named in “high impact entrepreneurs” network
Halan CEO, Swvl co-founders named in “high impact entrepreneurs” network: Endeavor Egypt has selected tuk-tuk and motorbike ride-hailing app Halan…
Ebtikar’s Vitas gets microfinancing license
Ebtikar for Financial Investment’s Vitas received a micro-financing license and will focus on projects that need up to EGP 100,000…
Three Egyptian startups among 12 African startups to watch in 2019
Three Egyptian startups made Disrupt Africa’s list of “12 African startups to watch in 2019”: Elves, a personal assistant app,…
Egypt Post could be about to get into the microfinance game
Egypt Post could be about to get into the microfinance game: The ICT Ministry is planning to introduce microfinance services…
Egypt’s IDB grants EGP 50 mn to Tamweely for MSMEs
The Industrial Development Bank (IDB) has signed a EGP 50 mn agreement with microfinance company Tamweely to provide financing for…
Pharos to launch Egypt microfinance company
Pharos to launch a microfinance venture in 1Q2019: Our friends at Pharos Holding will expand into microfinance in 1Q2019, co-CEO…
Uber’s founding CTO Oscar Salazar invests in Halan and joins its board
Uber’s founding Chief Technology Officer (CTO) Oscar Salazar has joined the board of Egyptian tuk-tuk and motorcycle ride-hailing app Halan,…
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