Latest in Tag: MSMEDA Highlight
Latest in Tag: MSMEDA

Credit facilities for MSMEDA projects affected by Coronavirus crisis: Gamea
For his part, Hany Emad, head of the central sector for financing small projects in the MSMEDA, announced that the agency is fully prepared to provide additional funds and facilities for projects that need funding to deal with the effects of the crisis.

MSMEDA pumps over EGP 1.9bn to finance industrial projects since 2014
MSMEDA offers new facilities, advantages for industrial sector to support new Egyptian industrialists: Gamea

MSMEDA, EU sign €27m agreement to counter illegal migration
The agreement works through three development programmes that provide alternatives and employment opportunities for young people in Egypt to limit illegal migration.

MSMEDA, World Bank finance 450,000 small, micro projects
World Bank contributes $200m to MSMEDA, including $50m for new venture capital

Minister of trade appointed as MSMEDA head for six months
Gamea confirmed that the agency will continue to implement its strategy to support youth projects, and provide all aspects of financial, technical, and marketing support for these projects. She noted that the MSMEDA will continue to cooperate and coordinate with all ministries and state agencies involved in the small enterprise sector in order to advance this sector and expand its financing and participation in the country’s economy.

MSMEDA injects EGP 2.4bn in Fayoum governorate: manager
Makram kicks off “Survival Boats” campaign to fight illegal migration

MSMEDA undertakes EGP 62m urban development in Cairo’s Zawya El Hamra
The project’s finance granted by AFD

MSMEDA participates in Financing SMEs and Strat-ups Forum in Jordan
Authority has financed 545,000 small and micro projects, creating 850,000 jobs in last two years, says Gamea

Banque du Caire, MSMEDA sign EGP 500m microfinance contract
Banque du Caire’s microfinance portfolio reaches EGP 6.5bn benefiting 240,000 customers, targeting EGP 7bn by year-end, says Fayed

MSMEDA, CAPMAS sign cooperation protocol to support small, micro enterprises
It aims to provide favourable climate for SME growth, says Gamea

IDA to co-manage, develop industrial parks in 12 governorates
MSMEDA to provide necessary financing to owners of small industrial projects

GAFI, MSMEDA agree to further promote investment in 3 local zones
GAFI to extend its protocol with CAPMAS to facilitate founding of new firms

MSMEDA injects EGP 260m to finance 35 development projects in Cairo, Giza
Since its inception, agency has provided EGP 6.4bn worth grants to implement labour-intensive projects

MSMEDA to negotiate with KFED on new funding agreement
Egyptian-Emirate relations stronger than ever, says Gamea

MSMEDA seeks new financial cooperation with South Korea
Egypt to reach new economic heights under Al-Sisi’s leadership: Deputy Minister Yun

MSMEDA pumped EGP 89.2m to finance 3,836 projects in Qena in 5 months
Governorate seeks to cooperate with agency to help young graduates implement projects, become entrepreneurs, said Al-Hagan

Cooperation volume between MSMEDA, World Bank $800m: Gamea
Women obtainment of micro funding amounts to 80%, says Nasr

President instructs enhancement of MSMEDA activities
Gamea reviews agency’s most prominent future trends to collect more funding, draft new law for development of SMEs, microenterprises

MSMEDA injects EGP 2.5bn funding for development projects in Beni Suef
Total of 203,000 small, micro projects with EGP 2.2bn funding, providing 291,000 jobs

MSMEDA inks MoU with ILO to train Egyptian entrepreneurs
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a memorandum of understanding (MoU) with the International Labour Organization (ILO) to launch training programmes for Egyptian youth on modern methods to run their small and medium-sized enterprises (SMEs). The agreement, signed by the MSMEDA Executive Director, Nevine Gamea, and the ILO’s Acting Director …

Women account for 51% of total projects funded by MSMEDA: Chairperson
Agency injected funding worth EGP 45.8bn since its launch in 1992 until end-January ‘19

MSMEDA expects $200m, €107m funds to be reinjected into micro, small projects
‘We are anticipating president’s approval on several deals of $200m with World Bank, €50m with AFD, €30m with KfW, €27m with EU,’ says Gamea

MSMEDA cooperates with NGOs to fund microenterprises
Contracts aim to finance 2,790 microenterprises for youth, especially women

Cabinet to present SME draft law to parliament within 10 days
MSMEDA, CBE coordinated to unify their definitions in draft law, says Gamea

MSMEDA injects EGP 2.1bn to implement 236,000 projects in Beheira: chairperson
Agency offered about EGP 250m to finance infrastructure, social development, training projects that provided nearly 39,000 jobs

MSMEDA injects EGP 1.9bn loans, grants in Menoufiya, creating 172,000 jobs
Study discussed to provide more jobs for youth in governorate, revive heritage, handicraft industries

MSMEDA injects EGP 316m to finance 12,000 small projects in Suez
Projects funded by agency provided 30,000 jobs for inhabitants of governorate

MSMEDA injects EGP 5.3bn to fund 247,000 projects in 2018
EGP 5.3bn were allocated to fund 247,000 small, micro projects, providing 395,000 jobs

MSMEDA signs 2 contracts of EGP 20m to convert 4,000 cars from operating on diesel fuel to CNG
Agency injected EGP 152m in past years to convert 30,500 cars, including 25,500 transport cars, 5,000 passenger cars

MoU signed between MSMEDA, Azhar University to encourage entrepreneurship
We choose university students, grads with innovative feasible ideas: Gamea