AMAN Holding sheds light on scaling Green Microfinance at COP27 panel

AMAN Holding sheds light on scaling Green Microfinance at COP27 panel

Sharm ElSheikh: Integrated Fintech group AMAN Holding co-hosted a panel discussion on “How to Scale Green Microfinance in Egypt and Africa” in COP27 in Sharm El-Sheikh as part of their commitment to promote sustainable development across Egypt and Africa.

The session was held at the Blue Zone of the Business Pavilion at COP27, and its’ main focus was to explore the role of green microfinancing in combating climate change, the opportunities and challenges in scaling the industry, and methods to accelerate the transition to a more resilient and greener economy.

Prominent figures of the microfinance sector participated in the session including: Mohamed Farid Saleh, Executive Chairman of Financial Regulatory Authority and IOSCO Vice Chair; Ahmed Kouchouk, Vice Minister of Finance; Maya Hennerkes, Director, Climate Strategy and Delivery, EBRD; Yehia Aboul Fotouh, Deputy Chairman National Bank of Egypt; Usama Zaki, CEO of Raya Manufacturing; Hazem Moghazy, CEO of AMAN Financial Services.

AMAN Holding seeks to accelerate the mainstream adoption of green financing and practices, and have long championed sustainable economic development through services and products, in line with Egypt’s National Strategy for Climate Change 2050.

The Integrated Fintech group is also considering the launch of a new package of green financing products to promote climate