BINA Signs MoU with Islamic Bank of Libya
A memorandum of understanding was signed between the BINA Business Incubator and the Libyan Islamic Bank.
The memorandum of understanding between BINA Business Incubator and the Libyan Islamic Bank aiming to establish a strategic partnership based on cooperation of empowering entrepreneurs was signed on 22 August 2022. The signing ceremony was held at the Libyan Islamic Bank premises in the city of Tripoli, Libya.
The memorandum of understanding that was signed by the Bina Program Director General Mr. Mustafa Elsagezl, and Mr. Hafez Elhamrouni, Director General of the Libyan Islamic Bank, requires the bank to fund youth entrepreneurs and startups in Libya graduating from BINA Business Incubator; in addition to holding business competitions and training workshops for entrepreneurs and SMEs so as to encourage and equip them with the right tools of entering labor markets.