SMEs
Deputy Foreign Minister for International Cooperation Somaya El-Ahdal met with MSMEDA CEO Bassel Rahmy to discuss expanding support for small businesses and entrepreneurship, aligning efforts on a unified work plan for the coming phase.
Imeripotiwa na AI
Continuing his structured dialogue with the Federation of Egyptian Industries (FEI), Egypt’s Minister of Industry Khaled Hashem met with the board of the Chamber of Engineering Industries to review their upcoming work plan. He highlighted the sector’s strategic importance as a cornerstone of the country’s industrial base.
Mastercard has increased its acceptance network in Africa by 45% this year, boosting digital payments and financial inclusion for millions of consumers and small businesses. This growth highlights the company's investments in new markets, product innovations, and SME support across the continent. The expansion supports Africa's projected $1.5 trillion digital payments market by 2030.
Imeripotiwa na AI
Commercial International Bank Egypt (CIB) has launched the Women in Business Empowerment Programme, developed with the European Bank for Reconstruction and Development (EBRD) and supported by the European Union’s Financial Inclusion Initiative. The initiative aims to boost women's economic participation and enhance their business growth and competitiveness, aligning with Egypt Vision 2030 and the United Nations Sustainable Development Goals.
President Prabowo Subianto emphasized the importance of empowering small and medium enterprises (SMEs) and multilateral cooperation against cross-border crimes for a resilient Asia-Pacific region. The statement was delivered at the first session of the APEC Economic Leaders’ Meeting in Gyeongju, South Korea. He highlighted inclusive economic growth and threats like smuggling and corruption.
Imeripotiwa na AI
Coval Servicios Financieros has announced its entry into the Colombian market through a strategic alliance with fintech Klym, aiming to provide financing access to over 1.5 million micro, small, and medium enterprises (SMEs). The company projects double-digit growth in annual financed volume by the end of 2025 compared to 2024. This initiative seeks to bolster the liquidity of SMEs, which make up 99.5% of the country's productive fabric.