MSMEDA directs EGP 18.7bn in financing to 934,000 women-led projects over 11 years

AI Summary

Egypt's MSMEDA has directed EGP 18.7 billion—45% of its total financing from July 2014 to December 2025—toward approximately 934,000 projects owned or managed by women. The financing spans agricultural, industrial, productive, service, and other sectors. CEO Bassel Rahmy highlighted the agency's commitment to women's economic empowerment over the 11-year period.

Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said the agency has directed 45% of its total financing between July 2014 and December 2025 to projects owned or managed by women, amounting to EGP 18.7bn. According to Rahmy, the financing supported around 934,000 projects across agricultural, industrial, productive, service, and […] The post MSMEDA directs EGP 18.7bn in financing to 934,000 women-led projects over 11 years first appeared on Dailynewsegypt.