New Visa report highlights crucial financial trends for Egypt’s SMEs
SMEs make up 98% of companies operating in Egypt, employing over 47 mn Egyptians
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SMEs make up 98% of companies operating in Egypt, employing over 47 mn Egyptians
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This comes after the lender secured USD 5 mn from the US DFC
The support will trickle in over an 18-month period
The IFC has also agreed to a local currency swap with Banque Misr
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