Banque Misr to secure $260mln loan from IFC for MSMEs in Egypt

The International Finance Corporation  is considering offering a five-year senior loan of up to $260 million to Banque Misr to finance micro, small, and medium-sized enterprises (MSMEs), especially women-owned businesses, IFC announced. The IFC will provide $216.7 million of the total financing, while its Managed Co-Lending Portfolio Program  will fund…