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Islamic Development Bank launches USD 500 mn fund for Egyptian startups
Islamic Development Bank launches USD 500 mn fund for Egyptian startups: The Islamic Development Bank (IsDB) has set up a…
CBE rolls out new regs for banks lending to microfinance players
The Central Bank of Egypt (CBE) has rolled out four new regulations for banks looking to provide funding for companies…
What we’re tracking on 15 October 2019
A delegation led by Investment Minister Sahar Nasr is in Washington, DC, today to attend the annual meetings of the…
Egypt auctions 750 factories to SME investors
The government has auctioned off 750 factories in industrial areas to SME investors, Prime Minister Moustafa Madbouly said at a…
Closer public-private sector collaboration could send entrepreneurship in MENA skyrocketing
Closer public-private sector collaboration could send entrepreneurship in MENA skyrocketing, but the private sector needs to lead the way, says…
Lorax Capital to launch USD 250 mn SME PE fund
Lorax Capital to launch USD 250 mn private equity fund: The Egyptian American Enterprise Fund’s (EAEF) Lorax Capital Partners plans…
El Sisi shows love to SMEs, Fayoum workshop kicks off
To say that last night was quiet on the airwaves would be the understatement of the year: El Sisi shows…
SME Development Authority taps EUR 15 mn grant for infrastructure projects
The SME Development Authority has signed contracts with six governorates for infrastructure projects that will be financed through a two-year…
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