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The OPEC Fund
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  2. MICRO, SMALL AND MEDIUM ENTERPRISE DEVELOPMENT (MSMED) III Project

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MICRO, SMALL AND MEDIUM ENTERPRISE DEVELOPMENT (MSMED) III Project

Egypt

Borrower Egypt
Financing Type Public Sector
Instrument Project Loan
Focus Area Multisectoral
Approved 12.06.2019
Signed 22.06.2020
Status Ongoing
Loan Administrator OPEC Fund
Executing Agency EDA
OPEC Fund Contribution (US$m) 95.00
Total Project Cost (US$m) 95.00

To help create around 33,000 job opportunities and boost self-employment through the extension of small loans to MSMEs and local banks, NGOs and microfinance institutions.

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