MSMEDA signs $6.3mln microfinance deal with Reefy
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3 Articles
MSMEDA signs EGP 300m financing agreement with Reefy - Dailynewsegypt
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a financing agreement worth EGP 300m with Reefy Microfinance Enterprise Services to support micro enterprises across Egypt. The agreement was signed by Mohamed Medhat, Deputy CEO of MSMEDA, and Ahmed Labib, Managing Director and CEO of Reefy, in the presence of Basel Rahmy, CEO
MSMEDA, Reefy Allocate EGP 300 Million in New Microfinance Deal to Support Jobs and Small Businesses - Top 50 Women Forum
Egypt has approved EGP 300 million in new financing to expand funding for microenterprises, reinforcing the government’s strategy to boost employment and strengthen financial inclusion across the country. The funding comes from the Micro, Small and Medium Enterprise Development Agency (MSMEDA) and will be channeled through Reefy Microfinance Enterprise Services, a specialized company with a nationwide footprint. The agreement was signed in the p…
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