MSMEDA supports youth with EGP 28B in 10 years

Updated 8/12/2024 12:57:00 PM
MSMEDA supports youth with EGP 28B in 10 years

Arab Finance:  Micro, Small and Medium Enterprises Development Agency (MSMEDA) has injected around EGP 28 billion in financing into projects run by the Egyptian youth from July 2014 to June 2024, MSMEDA’s CEO Bassel Rahmy stated.

The funding was directed toward about 1.2 million micro, small, and medium-sized projects in various fields, representing 59% of the total projects financed by the agency.

Furthermore, the financing contributed to creating 1.8 million job opportunities.

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