{"id":548176,"date":"2022-07-28T03:44:16","date_gmt":"2022-07-28T03:44:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/28\/tamweely-is-getting-into-green-financing\/"},"modified":"2022-07-28T03:44:16","modified_gmt":"2022-07-28T03:44:16","slug":"tamweely-is-getting-into-green-financing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/28\/tamweely-is-getting-into-green-financing\/","title":{"rendered":"Tamweely is getting into green financing"},"content":{"rendered":"

Microfinance player <\/strong>Tamweely<\/a><\/strong> is rolling out green financing products<\/strong> geared towards eco-friendly projects in the agriculture sector, the company said yesterday (pdf)<\/a>. The products will focus on providing finance to farmers and owners of small factories to help them install solar panels as an alternative to diesel and other fossil fuels, said Saad Khaled, CEO of consultancy Ezdaher<\/a>, which helped Tamweely introduce the green financing products.<\/p>\n

More and more entities are getting in on green financing in Egypt:<\/strong> The European Bank for Reconstruction and Development (EBRD) recently signed off<\/a> on a USD 100 mn facility to state-owned Banque Misr to finance local SMEs working on green projects last year. The institution has been committing more financing to green projects in Egypt and elsewhere in the developing world under its recently-announced Green Cities Compact scheme.<\/p>\n","protected":false},"excerpt":{"rendered":"

Microfinance player Tamweely is rolling out green financing products geared towards eco-friendly projects in the agriculture sector, the company said yesterday (pdf). The products will focus on providing finance to farmers and owners of small factories to help them install solar panels as an alternative to diesel and other fossil fuels, said Saad Khaled, CEO […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7691],"tags":[72,7087,246,311,595,1045],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-548176","post","type-post","status-publish","format-standard","hentry","category-finance","tag-enterpriseam","tag-finance","tag-green-economy","tag-microfinance","tag-non-banking-financial-services","tag-tamweely","wpautop","entry"],"acf":{"mongo_id":"410b5af8-bb7e-46ca-9680-93c7c1e0ec52","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[548164],"teaser":"","voice_url":""},"yoast_head":"\nTamweely is getting into green financing - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/28\/tamweely-is-getting-into-green-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tamweely is getting into green financing\" \/>\n<meta property=\"og:description\" content=\"Microfinance player Tamweely is rolling out green financing products geared towards eco-friendly projects in the agriculture sector, the company said yesterday (pdf). The products will focus on providing finance to farmers and owners of small factories to help them install solar panels as an alternative to diesel and other fossil fuels, said Saad Khaled, CEO […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/28\/tamweely-is-getting-into-green-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-28T03:44:16+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/28\/tamweely-is-getting-into-green-financing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/28\/tamweely-is-getting-into-green-financing\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Tamweely is getting into green financing\",\"datePublished\":\"2022-07-28T03:44:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/28\/tamweely-is-getting-into-green-financing\/\"},\"wordCount\":139,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Finance\",\"Green Economy\",\"microfinance\",\"non-banking financial services\",\"Tamweely\"],\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/28\/tamweely-is-getting-into-green-financing\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/28\/tamweely-is-getting-into-green-financing\/\",\"name\":\"Tamweely is getting into green financing - 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The funding is expected to support 8,000 clients across Egypt.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641959,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/02\/ni-capital-establishes-tamweely-for-microfinance\/","url_meta":{"origin":548176,"position":1},"title":"NI Capital establishes Tamweely for Microfinance","author":"enterpriseam admin","date":"2 August 2017","format":false,"excerpt":"State-owned investment bank NI Capital has launched a EGP 50 mn micro-financing arm called Tamweely, the bank said in an emailed statement. The National Investment Bank subsidiary, whose financial services will be backed by its own technology platform, will primarily focus its operations in Upper Egypt and the Delta. \u201cTamweely\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558698,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/23\/tamweely-could-be-in-line-for-a-total-of-egp-500-mn-in-loans-from-local-foreign-institutions\/","url_meta":{"origin":548176,"position":2},"title":"Tamweely could be in line for a total of EGP 500 mn in loans from local, foreign institutions","author":"enterpriseam admin","date":"23 August 2021","format":false,"excerpt":"Microfinance player Tamweely is in talks with a syndicate of three local banks to obtain EGP 300 mn finance in the coming period to help grow its microfinance portfolio, CEO Ahmed Khorshid told Hapi Journal. Khorshid did not specify a timeline for the transaction, but said the company was in\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627269,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/ni-capitals-tamweely-receives-final-microfinance-license\/","url_meta":{"origin":548176,"position":3},"title":"NI Capital\u2019s Tamweely receives final microfinance license","author":"enterpriseam admin","date":"26 July 2018","format":false,"excerpt":"NI Capital\u2019s Tamweely announced yesterday that it received its final microfinance license on 8 July, which will allow the company to officially launch its operations, the company said in a press release (pdf). 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The company expects to receive the final license before the end of 1Q2018, Abul Azm said in a statement (pdf). Tamweely was\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602596,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tamweely-looks-to-grow-to-38-branches-in-egypt-by-2019-end\/","url_meta":{"origin":548176,"position":5},"title":"Tamweely looks to grow to 38 branches in Egypt by 2019-end","author":"enterpriseam admin","date":"1 April 2019","format":false,"excerpt":"State-owned NI Capital\u2019s microfinance arm Tamweely is targeting growing its number of branches to 38 across 11 governorates by the year-end, according to a press release (pdf). 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