{"id":615825,"date":"2024-02-25T00:00:00","date_gmt":"2024-02-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/25\/ebrd-provides-banque-du-caire-with-usd-50-mn-financing-package-for-msmes\/"},"modified":"2024-02-25T00:00:00","modified_gmt":"2024-02-25T00:00:00","slug":"ebrd-provides-banque-du-caire-with-usd-50-mn-financing-package-for-msmes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/25\/ebrd-provides-banque-du-caire-with-usd-50-mn-financing-package-for-msmes\/","title":{"rendered":"EBRD provides Banque du Caire with USD 50 mn financing package for MSMEs"},"content":{"rendered":"

EBRD to up its funding for SMEs:<\/strong> The European Bank for Reconstruction and Development (EBRD) will provide Banque du Caire (BDC) with USD 50 mn to increase support for Egypt\u2019s micro, small and medium-sized enterprises (MSMEs), the EBRD said in a statement<\/a>. <\/p>\n

Up to USD 10 mn will go towards women entrepreneurs as part of the EBRD\u2019s Women in<\/strong> Business (WiB) programme,<\/strong> which works to \u201cprovide access to finance through credit lines to local banks dedicated to women-led SMEs,\u201d according to the initiative\u2019s website<\/a>. The entire USD 50 mn package will also focus on companies operating outside of the capital.<\/p>\n

What they said:<\/strong> \u201cThe EBRD financing will support projects in regions outside the capital city, capitalising on BDC\u2019s geographical presence, especially in Upper Egypt, which accounts for about 55 per cent of BDC\u2019s microfinance customer base, of which women and youth comprise 35 per cent and 40 percent respectively, \u201d BDC CEO Tarek Fayed said during the signing of the agreement. <\/p>\n

ALSO FROM THE EBRD-<\/strong> The Italian Agency for Development Cooperation is set to provideUSD 2.2 mn to help support the EBRD\u2019s efforts to support SMEs led by women and young people, according to the International Cooperation Ministry<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Up to USD 10 mn will go towards women entrepreneurs as part of the EBRD\u2019s Women in Business (WiB) programme<\/p>\n","protected":false},"author":1,"featured_media":615826,"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":[7576],"tags":[726,101,571,72,287],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-615825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development-finance","tag-banque-du-caire","tag-development-finance","tag-ebrd","tag-enterpriseam","tag-smes","wpautop","entry"],"acf":{"mongo_id":"6b0fab52-223c-477c-a9b1-8d79029e2048","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/2300.jpg","photo_position":"above","homepage_title":"","full_issue_title":"EBRD provides Banque du Caire with USD 50 mn in financing for Egypt\u2019s MSMEs","related_issue":[615808],"teaser":"Up to USD 10 mn will go towards women entrepreneurs as part of the EBRD\u2019s Women in Business (WiB) programme","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.a216ddd0-5c3e-4f25-b0e6-b50b4999d06d.mp3"},"yoast_head":"\nEBRD provides Banque du Caire with USD 50 mn financing package for MSMEs - 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USD 50 mn of the\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-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":568514,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/banque-du-caire-could-receive-usd-50-mn-ebrd-loan-to-on-lend-to-small-businesses\/","url_meta":{"origin":615825,"position":1},"title":"Banque du Caire could receive USD 50 mn EBRD loan to on-lend to small businesses","author":"enterpriseam admin","date":"1 November 2020","format":false,"excerpt":"DEBT WATCH- BdC could be getting USD 50 mn EBRD loan to on-lend to small businesses: The European Bank for Reconstruction and Development (EBRD) could provide Banque du Caire with a loan of up to USD 50 mn to on-lend to private sector MSMEs, according to the bank\u2019s website. The\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":579284,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/ebrd-and-partners-fund-more-green-finance-for-smes-ebrd-bii-lend-usd-100-mn-to-bdc\/","url_meta":{"origin":615825,"position":2},"title":"EBRD and partners fund more green finance for SMEs + EBRD, BII lend USD 100 mn to BdC","author":"enterpriseam admin","date":"1 February 2023","format":false,"excerpt":"DFIs to fund more green projects + privatization candidate BdC gets funding: More funding for green projects will be available to local SMEs courtesy of the European Bank for Reconstruction and Development (EBRD), the EU, and the Green Climate Fund. Meanwhile, EBRD and British International Investment said they would provide\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/6.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608250,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/17\/four-banks-could-receive-ebrd-loans-to-fund-smes-green-projects\/","url_meta":{"origin":615825,"position":3},"title":"Four banks could receive EBRD loans to fund SMEs, green projects","author":"enterpriseam admin","date":"17 October 2023","format":false,"excerpt":"The financing could be made available before the end of the year, according to a senior figure at the EBRD","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\/2023\/5\/963.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546575,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/22\/export-development-bank-of-egypt-receives-usd-25-mn-from-ebrd-for-smes\/","url_meta":{"origin":615825,"position":4},"title":"Export Development Bank of Egypt receives USD 25 mn from EBRD for SMEs","author":"enterpriseam admin","date":"22 May 2022","format":false,"excerpt":"EBank gets USD 25 mn from EBRD for on-lending to SMEs + women-led businesses: The Export Development Bank of Egypt (EBank) is receiving USD 25 mn financing package from the European Bank for Reconstruction and Development (EBRD) for on-lending to SMEs, the European lender said Thursday. The package includes an\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/276.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555681,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/23\/women-led-smes-to-get-usd-5-mn-in-ebrd-funding\/","url_meta":{"origin":615825,"position":5},"title":"Women-led SMEs to get USD 5 mn in EBRD funding","author":"enterpriseam admin","date":"23 November 2021","format":false,"excerpt":"EBE receives up to USD 5 mn from EBRD to support Egyptian women-led SMEs: The Export Development Bank of Egypt (EBE) has secured a loan of up to USD 5 mn from the European Bank for Reconstruction and Development (EBRD) to on-lend to women-run SMEs in Egypt, according to the\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/561.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/615825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=615825"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/615825\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/615808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/615826"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=615825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=615825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=615825"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=615825"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=615825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}