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MSMEDA, Banque Misr pen EGP 200M deal to back small businesses

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) signed an EGP 200 million contract with Banque Misr to back small enterprises and provide working capital.

Updated 3/23/2025 7:31:00 AM
MSMEDA backs women's projects with EGP 17.4B in funding over 10 years

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has pumped EGP 17.4 billion in funding into women's projects during the period from July 2014 to December 2024.

Updated 3/9/2025 8:16:00 AM
MSMEDA aims to support 4M clients in 3 years

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) plans to expand its services to reach 4 million clients within the next three years.

Updated 2/10/2025 7:41:00 AM
MSMEDA signs EGP 20M cooperation agreement with Giza Governorate to develop Mit Okba area

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has signed a contract with Giza Governorate to develop infrastructure in the Mit Okba area with a funding of 20 million.

Updated 2/3/2025 10:14:00 AM
MSMEDA inks MoU with CIB to provide technical, financial support for MSMEs

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a memorandum of understanding (MoU) with the Commercial Bank of Egypt (CIB) to provide technical and financial support for micro, medium and small enterprises (MSMEs).

Updated 1/22/2025 8:22:00 AM
MSMEDA, Banque Misr sign EGP 300M financing deal

Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) and Banque Misr inked a financing agreement worth EGP 300 million

Updated 1/21/2025 2:42:00 PM
MSMEDA, Erada inks EGP 60M financing agreement to support micro projects 

Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) penned a micro-project financing contract worth EGP 60 million with Erada Microfinance Company.

Updated 1/20/2025 9:44:00 AM
MSMEDA secures EGP 900M for micro-projects in 2024

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) signed 41 contracts with companies and non-governmental organizations (NGOs) to finance micro-projects with nearly EGP 900 million in 2024.

Updated 1/9/2025 10:54:00 AM
MSMEDA announces $3M investment to back local startups in partnership with Foundation Ventures

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has announced a $3 million investment to enhance Egypt's entrepreneurship environment in collaboration with Foundation Ventures.

Updated 12/25/2024 2:11:00 AM
MSMEDA reports 27.5% YoY increase in MSME financing over 10 months

Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has reported a 27.5% year-on-year (yoY) increase in funding provided to micro, small- and medium-sized enterprises (MSMEs) from January to October.

Updated 12/2/2024 2:03:00 AM
Investment Ministry, MSMEDA consider enhancing support for SMEs

Minister of Investment and Foreign Trade Hassan El-Khatib met with Basil Rahmy, Chairman of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), to discuss expanding cooperation between the ministry and the agency in various sectors.

Updated 11/24/2024 12:36:00 PM
MSMEDA launches Khatwa company to back micro, small enterprises in Egypt

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has launched Khatwa Company, a financing institution aimed at supporting small and micro enterprises across Egypt.

Updated 11/18/2024 7:49:00 AM
MSMEDA partners with Capital Ventures to support medium-sized enterprises

Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a cooperation agreement with the Capital Ventures Development Fund 2 to support medium-sized enterprises.

Updated 11/14/2024 3:10:00 AM
MSMEDA, Aman to support allocates handicraft, heritage micro-projects with EGP 25M

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has signed new funding worth EGP 25 million with Aman Company to support handicraft and heritage projects through the Harfa Project for Microfinance.

Updated 11/3/2024 11:29:00 AM
MSMEDA, UNIDO launch solar energy financing program

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has introduced a new financing program targeting companies in Egypt’s solar energy sector, in partnership with the United Nations Industrial Development Organization (UNIDO).

Updated 11/3/2024 4:51:00 AM
Social Solidarity Ministry, MSMEDA cooperate to support small enterprises

The Ministry of Social Solidarity has inked a cooperation protocol with the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) to support small enterprises.

Updated 10/22/2024 12:52:00 PM
MSMEDA offers EGP 50M financing to SMEs via Kredit

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has provided an EGP 50 million in financing to small and medium enterprises (SMEs) via Kredit, a subsidiary of GB Capital Group.

Updated 10/21/2024 3:16:00 AM
Egypt, Romania ink MoU in MSMEs development field

The Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) and the Romanian Ministry of Economy, Entrepreneurship and Tourism have sealed a memorandum of understanding (MoU) to exchange expertise in the field of medium, small, and medium-sized enterprises (MSMEs) development.

Updated 10/10/2024 2:09:00 AM
MSMEDA, AFD implement €50M credit line to fund women-run projects

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has cooperated with the French Development Agency (AFD) to implement a credit line worth €50 million for a program aimed at funding women-run small projects.

Updated 9/23/2024 1:59:00 AM