Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) and Reefy Microfinance Enterprise Services signed on Tuesday …
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Reefy
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BanksFeatureMoney
EBRD supports young entrepreneurs in Egypt with Reefy $6 mln loan
by Yomna Yasserby Yomna YasserThe European Bank for Reconstruction and Development (EBRD) is supporting young entrepreneurs in Egypt with a loan worth …
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BanksFinancial InstitutionsMoney
CI Capital completes Reefy Microfinance’s first securitised bond issuance
CI Capital has announced on Monday its successful conclusion of 700 million Egyptian pounds worth of the …
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HSBC and Egyptian microfinance institution Reefy signed on Saturday an agreement to provide 150 million Egyptian pounds …
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Egypt’s investment bank CI Capital announced Tuesday that it has acquired an 80 percent stake in Reefy …
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Banks
Beltone completes microfinance unit takeover, looks for more deals
by Yomna Yasserby Yomna YasserEgypt’s investment bank Beltone Financial has completed the acquisition of micro finance enterprise Reefy and is looking …
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Financial Institutions
Microcredit Needs Separate Regulator: Nobel Laureate Muhammad Yunus in Cairo
by Yomna Yasserby Yomna YasserEgypt needs a separate regulator, legal framework and an integrated strategy for microfinance to be able to …
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Financial Institutions
Reefy gets first Microfinance Licence in Egypt – Sawiris
by Yomna Yasserby Yomna YasserEgypt’s first private sector microfinance lender, Reefy has obtained an official licence from the country’s regulator to …