Egypt, Nov. 4 -- IFC, a member of the World Bank Group supporting the private sector, and Attijariwafa bank Egypt launched a local-currency risk-sharing facility equivalent to $10 million to enhance access to finance for small and medium-sized enterprises (SMEs) and foster job creation.Under this agreement, IFC will cover up to 50 percent of the credit risk on a new Attijariwafa bank Egypt SME loan portfolio of up to $20 million equivalent in Egyptian pounds (nearly 100 million EGP at time of publication). The facility is expected to help Attijariwafa bank Egypt expand its SME loan portfolio by more than 50 percent over the next five years, with at least 25 percent of loans earmarked for women-owned businesses, and 50 percent directed to SM...