The African Export-Import Bank (Afreximbank) plans to sign $500 million credit line contracts with two state-owned banks …
SME
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Banks
Afreximbank studies $1 billion finances for Egypt oil, SME sectors
by Yomna Yasserby Yomna YasserThe African Export-Import Bank (Afreximbank) is studying a new financing programme worth $1 billion with Egypt before …
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Banks
Egypt’s Industrial Development Bank in talks for new SMEs financing
by Yomna Yasserby Yomna YasserEgypt’s state-run Industrial Development and Workers Bank (IDWBE) says it was negotiating with the Social Fund for …
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Financial Institutions
IFC current portfolio with Egypt nears $1.5 bln, in talks for more
by Yomna Yasserby Yomna YasserThe International Finance Corporation (IFC)’s, the investment arm of the World Bank, current portfolio for Egypt is …
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Banks
National Bank of Egypt to build 72 SME centres in Cairo, Alexandria
by Yomna Yasserby Yomna YasserNational Bank of Egypt (NBE), the country’s biggest public lender, plans to establish 72 centres for small …
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Egypt News
SMEs form backbone of emerging economies; says Indian envoy to Egypt
by Yomna Yasserby Yomna YasserThe small and medium enterprises (SMEs) form the backbone of any country notably the emerging economies, Indian …
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Banks
National Bank of Egypt negotiating SFD for new SME finance scheme
by Yomna Yasserby Yomna YasserThe National Bank of Egypt, the country’s biggest public lender, says plans to secure a new financing …
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Egypt News
Egypt, South Korea sign declaration of intent to boost SME ties
by Yomna Yasserby Yomna YasserEgypt has signed on Saturday a Declaration of Intent for a cooperation framework agreement with South Korea …
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Egypt News
Egypt, Germany sign €112 million SME financing agreements
by Yomna Yasserby Yomna YasserEgypt has just signed on Sunday two financing agreements worth €112 million ($124.5 million) with Germany to …
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Loxon, leading risk management software solutions provider, along with regional partner Pio tech, joins the SME Banking …