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Chair of the Egyptian-American Enterprise Fund James Harmon explains its plans to help grow Egypt’s private sector to Doaa A. Moneim.
07.10.21 | Interesting article at Ahram Online

The Egyptian-American Enterprise Fund (EAEF) was established by the US Congress in 2011 as a non-profit investment fund to support Egypt’s private sector.

The Congress authorised $300 million for the EAEF to provide direct investments, loans, technical assistance, and other forms of support to help stimulate private-sector investment in Egypt following the country’s 2011 Revolution.

The EAEF helps seed first-time investment managers in Egypt that invest in companies that can generate financial returns in alignment with the country’s development priorities such as education, healthcare, and financial inclusion.