Both of the Egyptian Minister of Industry, Eng. Hatem Saleh, and the Secretariat of the Social Fund for Development (SFD), Ghada Wally, along with Tareq Wafiq, Chairman of the Egyptian Business Development Association (EBDA) inaugurated on Wednesday morning the Eleventh International franchise exhibition at Cairo International Fair.
Some 50 companies from Egypt, Spain, UAE, USA and France will participate in the exhibition by different fields such as computers, car spare parts and printers.
By this exhibition, the SDF is aiming at varying the non-financial fields for the young entrepreneurs and helping them know the global experiences as well as giving them the opportunity to implement small enterprises through the fund’s resources by the franchise system.
It is worth mentioning that the Social Fund for Development (SDF) has gotten a $ 40 million loan from the African Development Bank. The loan is for the companies that are willing to work by the franchise system.