Egypt - 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 commercial sectors as part of the agency’s strategy to strengthen economic opportunities for Egyptian women. In a statement marking Egyptian Women’s Day on 16 March, Rahmy said these projects have created approximately 1.3 million job opportunities. He added that women-led projects accounted for 28% of MSMEDA’s marketing services over the past decade, while around 56,000 women have received entrepreneurship development training through the agency. He also encouraged women with innovative ideas to approach the agency for support in transforming them into viable businesses.

Source: Daily News Egypt March 17, 2026 06:00 UTC