The Egypt Financial Regulatory Authority held discussions with Tunisia’s Microfinance Supervisory Authority on regulatory and supervisory approaches to nonbank financing for medium, small and microenterprises. The meeting focused on risk management, compliance, customer protection, digital transformation and the use of financial technology and artificial intelligence in supervision. Egypt Financial Regulatory Authority Chairman Islam Azzam reviewed Egypt’s regulatory framework and recently issued measures covering affordability assessments, debt collection practices, customer identity verification, data protection and access to complaints mechanisms. Other measures seek to strengthen early risk detection and providers’ financial solvency while supporting technology enabled products and access to finance in poor and remote areas. Outstanding financing across medium, small and microenterprises exceeded EGP 101 billion in the second quarter of 2026, serving about 3.5 million customers through approximately 4,400 licensed outlets. Mahmoud Al Montaser Mansour, executive director and founder of Tunisia’s Microfinance Supervisory Authority, outlined Tunisia’s approach to pricing oversight and financing costs. Tunisia has more than 856,000 microfinance customers, while financing reached about TND 2.7 billion across more than 524,000 transactions in 2025. The sector includes seven licensed companies and 289 licensed microcredit associations.

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