Ayman Ismail

🤝 The ISSFJO - Innovative Startups and SMEs Fund, Jordan's largest investment fund, has announced a $5 million investment in Global Ventures' Fund III. 💰 This year, ISSF has also invested in MSA Novo’s MENA Fund and Propeller Venture Capital II. 🚀 As part of the deal, Global Ventures will be mandated by ISSF to invest in Jordanian startups. So far, Global Ventures' Fund III has disclosed investments in Immensa, an additive manufacturing startup, and Maalexi, a risk management platform. 📈 ISSF previously invested $1.5 million in Global Ventures' Fund II in January 2022. 🔮 This new funding commitment will help boost the Jordanian startup ecosystem through targeted investments by Global Ventures. 🐢 Get more MENA startup, VC, and tech stories, interviews, and deep-dives, direct to your inbox twice a week: https://lnkd.in/e6ihCpQr #startup #investment #Jordan #venturecapital #MENA

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Recently, Dr. Mahmoud Mohieldin, Egypt’s UN Climate Change High-Level Champion, attended a meeting of the Net Zero Banking Alliance (NZBA) in New York, where he emphasized the crucial role of the banking sector in advancing the green economic transition. “Banks not only need to fulfill their net-zero commitments but should also actively engage customers in emissions reduction efforts through investments in climate-related projects,” he stated. The meeting, attended by representatives from the Glasgow Financial Alliance for Net Zero (GFANZ) and the United Nations Environment Programme Finance Initiative (UNEP FI), explored how banks can integrate climate action into their financial activities to create a broader impact on the global economy and environment. read more: https://reurl.cc/6drond Mahmoud Mohieldin COP29 Azerbaijan 聯合國 UN Climate Change UN Environment Programme #SDG #COP29 #COPLeaders #sustainability #climateaction

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Recently, Dr. Mahmoud Mohieldin, Egypt’s UN Climate Change High-Level Champion, attended a meeting of the Net Zero Banking Alliance (NZBA) in New York, where he emphasized the crucial role of the banking sector in advancing the green economic transition. “Banks not only need to fulfill their net-zero commitments but should also actively engage customers in emissions reduction efforts through investments in climate-related projects,” he stated. The meeting, attended by representatives from the Glasgow Financial Alliance for Net Zero (GFANZ) and the United Nations Environment Programme Finance Initiative (UNEP FI), explored how banks can integrate climate action into their financial activities to create a broader impact on the global economy and environment. read more: https://reurl.cc/kyD4qK Mahmoud Mohieldin COP29 Azerbaijan 聯合國 UN Climate Change UN Environment Programme #SDG #COP29 #COPLeaders #sustainability #climateAction

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The Global Startup Ecosystem Report 2024 (#GSER2024) was launched at London Tech Week, (June 14, 2024). 🔺️ 🇯🇴 Amman was recognized as one of the Top Emerging Ecosystems in the MENA region in the 2024 Global Startup Ecosystem Report by Startup Genome with value of of ($1.40 bn) for the period (H2 2021 - 2023). 🔷️ The Global Startup Ecosystem Report 2024 (GSER 2024)provides insights into the world’s leading startup ecosystems, emerging trends, and key challenges facing entrepreneurs. It is based on extensive research and analysis of data from 4.5 million startups across 300 global ecosystems and over a decade of independent research and providing policy advice to more than 160 economic and innovation ministries and public/private agencies in over 55 countries. Read the full report here: https://lnkd.in/eAqQ5_Bc #GSER2024

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In a groundbreaking move to propel Egypt’s investment ecosystem to new heights, MSMEDAEG made an investment commitment to TCV (Tanmiya Capital Ventures) - USD 100 million - second fund. This strategic partnership underscores MSMEDA’s unwavering commitment to empowering innovative SMEs and fostering a thriving entrepreneurial landscape. By joining forces with TCV a renowned investment firm, MSMEDA aims to unlock the full potential of Egypt’s burgeoning SMEs scene. This investment will empower TCV to continue supporting promising Egyptian companies, providing them with the essential capital and mentorship to scale their operations and attract foreign investment. Together, MSMEDA and TCV are driving economic growth, creating new jobs, and solidifying Egypt’s position as a regional investment hub. This partnership aligns perfectly with Egypt’s ambitious vision to reduce imports, boost exports, and diversify income sources. #Entrepreneurship #Ecosystembuilding #MSMEDA #VC #PE #Angels #Investment #Startups #Innovation #Africa #LP #DFI #GP #Impact #Africa #FoF #TCV

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We were participating in the Innovation Capital Forum, a joint initiative of 18 institutions from the productive, scientific, financial, and state sectors that seek to boost the growth of startups and companies through investment in science, technology, and innovation. 🚀💡 In the 15th edition of this event, Nahuel Olaiz, CSO and Co-Founder of Einsted presented our project along with seven other startups. At the same time, throughout the process, we received training, personalized business mentoring, and professional advice that allowed us to review our business model and prepare us for upcoming investment rounds and even access new markets. We are very grateful for this experience and committed to take our startup to the next level. 🚀🌎💚 #Innovation #GreenStartups #CapitalForum #Technology #Science #LocalDevelopment #Investment #Decarbonization #Hydrogen. 

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My thoughts with Sarah Samir regarding IMF's fourth review. I stressed that Egypt’s geopolitical environment calls for a more adaptable approach towards the timing of implementing reforms.

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Stay informed with Exits MENA's weekly news! 🔹 The ISSFJO - Innovative Startups and SMEs Fund invested $5 million in Global Ventures’ Fund III to support Jordanian startups. This partnership underscores ISSF's commitment to Jordan's ecosystem and Global Ventures' dedication to regional growth. 🔹 Stride Ventures made its first $1 million venture debt investment in UAE-based Maalexi, accelerating its growth in food and agri-produce procurement. This marks Stride's strategic entry into the GCC, supporting technology-driven market improvements. 🔹 Raya FutureTECH concluded its first accelerator program, showcasing thirteen tech startups' innovative solutions across various sectors at the Demo Day. This event highlighted Raya's commitment to supporting startups' growth and fostering partnerships for economic development. 🔹 Hong Kong’s ChaoShang Group Ltd. signed a non-binding MoU with Saudi Arabia’s Public Investment Fund for a potential $500 million investment in convertible debentures and loans, aiming to bolster working capital and explore new sectors like mining and healthcare. 🔹 Cairo-based startup Sahl raised $6 million in Series A and seed funding to lead digital payment transactions, with Ayady Egypt for Investment and Development leading the round. Sahl plans regional expansion, targeting Egypt's EGP 2.5 trillion digital payments sector and improving user experience with NFC technology. #Exits #mena #WeeklyNews #news #business #startup #investing #entrepreneurship

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#GCC Reaffirms Commitment to #Sustainable Development and Global Cooperation at UN Summit and Support for 🇵🇸Palestine 1. Commitment to #Sustainable Development: Gulf states' national development visions are aligned with achieving the UN’s Sustainable Development Goals (SDGs), showcasing a strong focus on sustainability. 2. #Support for Multilateralism: The GCC emphasized the need for #international cooperation and effective multilateral action to address global challenges that hinder progress toward the SDGs. 3. Slow #Progress on SDGs: Al-Budaiwi acknowledged that over 30% of SDGs have not made progress globally, underscoring the urgency of revitalizing efforts to meet these targets. 4. Gulf States' Role in #Global Development: The GCC highlighted its significant contributions to advancing the SDGs in countries #worldwide, reinforcing the importance of partnerships in sustainable development. 5. #Peace and International Law Focus: The GCC reaffirmed its commitment to peace, supporting international law and peaceful resolutions to #global conflicts, particularly prioritizing a solution to the #Palestinian issue. 🌍HE Jasem Mohamed AlBudaiwi, Secretary General of the Gulf Cooperation Council (GCC), at the GCC Headquarters in Riyadh, Kingdom of Saudi Arabia: ,,Global challenges are having an impact on sustainable development at the global level”

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Private sector investment in Egypt comprised 40% of the total in the current fiscal year, according to Dr. Hala H. Elsaid, Minister of Planning and Economic Development. During her participation at IFC - International Finance Corporation Day, Elsaid added that Egypt aims to increase the private sector’s investment share to 50% next year. In addition, the private sector increased its contribution to the gross domestic product (GDP) to 71% this year and its share in employment to 80%. Read more: https://lnkd.in/d-8u-FyN وزارة التخطيط والتنمية الاقتصادية مصر #Egypt #Economy #GDP #EconomicGrowth #Investment #Investing

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🔧 Recapping #MGA Module 4: Financing & Investor Readiness 🌍💰 In this essential 2-week module, our Climate Entrepreneurs tackled the financial backbone of their businesses; from structuring pitches to exploring #MENA financing options, they learned how to secure funding while balancing profit and impact. 📊 They’re now equipped to identify gaps in their financial plans, develop solid strategies and present confidently to investors. This module provided them with the tools and insights to think like business owners and ensure their ventures thrive. 🌱 🟢 MGA is brought to life by: PepsiCo Middle East, SABIC & AstroLabs Shaheeda Abdul Kader

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Angel Investing in MENA is growing faster than ever before 📈 With more angel networks present in the region, the possibility of deploying angel investments has become even more prevalent 💸 But, challenges such as a shortage of knowledgeable investors and choppy deal flow in recent years, is putting this in jeopardy ⛈️ Can the region keep this momentum up? Read here now! 👇 https://lnkd.in/eDNdc843 Written by: Andrew M.

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Great development! USAID and the Egyptian Private Equity and Venture Capital Association (EPEAVC) have signed a new MoU to enhance Egypt’s investment ecosystem. This collaboration will focus on boosting venture capital and direct investment efficiency through a strategic plan that incorporates industry best practices and builds local expertise. A key milestone for Egypt’s growing investment landscape! USAID #Investment #VentureCapital #Egypt #USAID #EPEAVC https://lnkd.in/dQptRep2

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🇪🇬 Egypt-based #fintech Bokra and the CIC - Canadian International College (CIC) have jointly launched a $207,000 fund to back Egyptian students aspiring to become #entrepreneurs. 🏫 The partnership will launch a new initiative to provide #students with the right guidance, Bokra Academy, a platform designed to bridge the gap between #academia and #industry. 👨‍🎓 Certified graduates from CIC school will benefit from fast-tracked access to #funding opportunities through this newly launched fund, providing up-and-coming founders with the necessary resources to bring their visions and value-added to the Egyptian economy. This strategic collaboration marks a significant step towards #empowering Egypt's #youth, fostering #innovation, and driving economic growth in the region. 👏🏽 Last April, Bokra, Founded in 2023 by Ayman Elsawy, closed a $4.6 million pre-Seed round. 👉🏽 Read full release here: https://lnkd.in/eXeRFQBY

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Excited for this step VestinGrow & Zentral teams Together, we aim to drive innovation and empower businesses to contribute to a greener, more sustainable future. ☘" #Sustainability #GreenInvestment #Innovation #EcoBusiness #SustainableFuture #VestinGrow #Zentral #GreenEconomy #ClimateAction #CircularEconomy #BusinessForGood #EcoInnovation #SustainablePartnership

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Representing the Islamic Development Bank (IsDB) Group, H.E. Dr. Muhammad Al Jasser, Eng. Hani Salem Sonbol, CEO of ITFC and Acting CEO of ICD, participated in the opening session titled : LEVERAGING INNOVATIVE PARTNERSHIPS FOR SCALE. The Multilateral Development Banks (MDBs) including IsDB Group are pivotal players in driving global trade and fostering economic growth in low - and middle-income countries. By leveraging financial and technical expertise, they cultivate a predictable environment promoting economic resilience. IsDB Group, working with its partners work on Public-Private Partnerships (PPPs) by aligning priorities and leveraging strengths across sectors. Design flagship Programs such as the Arab Africa Trade Bridges (AATB) Program that has trade and investment as key pillars to promote economic integration and offer De-risking Tools through employing credit guarantees as well as blended finance models to attract private investments. ICD has been involved in several infrastructure-related initiatives across Africa, although many of its contributions are intertwined with broader financing strategies rather than large-scale direct infrastructure projects. Moreover, providing technical assistance and capacity building to share expertise and transfer technology to empower local stakeholders. Through sustainable and scalable solutions tailored to local contexts, these efforts not only enhance infrastructure but also create up to 150,000 jobs per $1 billion invested, according to the World Bank estimation. Let’s drive inclusive growth and unlock Africa’s vast potential through shared value frameworks and innovative partnerships. #InfrastructureDevelopment #AfricaRising #PPP #EconomicResilience #AIF2024

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Aflatoun & INJAZ – to empower financial literacy in MENA 💡 This week we wrapped up a workshop in Amman, uniting 10 experts to advance the integration of #FinancialEducation into school curricula across the MENA region. The discussions emphasised the role of #FinancialLiteracy in empowering young people to make informed decisions about their financial futures. By tailoring programmes to local needs, these initiatives aim to create long-term impact. Only in 2023 Aflatoun movement reached 32.8 million children through integration of the #SocialFinancial education into national education systems! We strongly believe it is key to scaling impact, enabling tailored programmes that meet local needs while growing economic empowerment and resilience among students. Read more in our news: https://lnkd.in/dufMBMDU #FinancialEducation #MENAYouth #Aflatoun #Injaz #EducationMatters #JoinTheMovement

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The Future of #Climate_Finance in #MENA: At COP29 Azerbaijan, global leaders committed to providing #$300 billion annually by #2035 to support developing nations in addressing #climate change. The #MENA region, however, continues to receive a disproportionately small share of global climate finance—only $16 billion compared to East Asia's $293 billion between 2019 and 2020. Key Developments: 1- Increased COP29 Funding: Opens new opportunities for climate adaptation and resilience efforts. 2- National Adaptation Plans (NAPs): Countries like Morocco, Egypt, and the UAE are integrating climate considerations into their national strategies. 3- Private Sector Investment: Initiatives to mobilize private capital are advancing renewable energy and sustainability projects in the region. MENA's future in climate finance will depend on leveraging these opportunities, fostering regional collaboration, and aligning #national_policies with global funding mechanisms. #COP29 #ClimateFinance #MENA #Sustainability

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