Source: Council On Foreign Relations
Author(s): Gayle Tzemach Lemmon, Becky Allen
Original Link: https://www.cfr.org/blog/financing-egypts-missing-middle
This post is co-authored by Becky Allen, a research associate in the Women and Foreign Policy program at the Council on Foreign Relations.
The Central Bank of Egypt (CBE) recently launched an initiative that will dedicate approximately $1.6 billion to fund the country’s microfinance industry. The new program is part of CBE’s broader financial inclusion strategy, which seeks to put new financial tools in the hands of those who are unbanked or underserved – especially women and young people…
Read more at original link.