The Egyptian Micro, Small and Medium Enterprise Development Agency (MSMEDA) injected 13.5 billion Egyptian pounds in funding to micro-enterprises from July 2014 until the end of December 2020, the Executive Director of MSMEDA and the Minister of Trade and Industry, Nevine Gamea, revealed.
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The funding was directed to about 1.24 million enterprises, which led to the creation of more than 1.613 million jobs, Gamea added in a statement.
The agency has succeeded in attracting several entities to finance this vital sector which helps improving the living standards of people in the neediest areas.
