International Finance Corporation
The International Finance Corporation (IFC) is a member of The World Bank Group that focuses on fostering sustainable economic growth in developing countries through private sector investment. It provides a range of financial services, including loans, equity investments, quasi-equity products, and advisory services aimed at supporting startups and various stages of company development. IFC invests in sectors such as agribusiness, financial services, health, education, infrastructure, global manufacturing, oil and gas, telecommunications, and tourism, with a particular emphasis on projects that promote food security, digital finance, and affordable healthcare. The organization targets investments ranging from $1 million to $100 million, often seeking minority stakes but may also take a majority position in its portfolio companies. IFC aims to create jobs, generate tax revenues, and enhance corporate governance in emerging markets, thus contributing positively to local communities. Established in 1956 and headquartered in Washington, D.C., IFC operates globally with offices across various regions, focusing its efforts on financing projects that align with its mission of improving lives in developing countries.
Toters provides service that connects customers with retailers, and uses couriers to deliver from any restaurants or shops in your city. Since 2017, their operation has grown exponentially in Lebanon and they have recently launched in Iraq and Saudi Arabia, delivering to thousands of happy customers every month from hundreds of select partner stores. From logistics to technology, design, and support they strive to offer their customers and partners the best experience both online and offline.
SunBox operates as a multinational corporation that provides clean energy services.
Vezeeta is the digital healthcare platform in MEA that connects patients with healthcare providers and health services.
Patients are able to search, compare, book and review the best doctors in Egypt, Saudi Arabia, Jordan, and Lebanon. It also provides innovative SaaS solutions to healthcare providers in the region. Vezeeta empowers millions of patients through data and the ability to better access healthcare in the region. With over 200,000 verified reviews, patients are able to search, compare, and book the best doctors in just 1 minute. Doctors also provide Patients with seamless healthcare experiences through our clinic management software.
Flat6Labs is a startup accelerator based in Cairo, Egypt, founded in 2011. It focuses on seed stage investments and supports entrepreneurs in the critical early development phases of their ventures. Every four months, Flat6Labs selects a number of startups from Egypt and the MENA region, providing them with seed capital, mentorship, and office space. The accelerator emphasizes real-world entrepreneurial challenges through immersive, interactive educational programs developed in collaboration with the American University in Cairo. Flat6Labs has expanded its presence beyond Egypt, with additional offices in Abu Dhabi, Amman, Beirut, Jeddah, Manama, and Tunis. The organization also participates in early-stage venture capital initiatives, including partnerships with Saudi Venture Capital Company to manage funds targeting various sectors such as information technology, transportation, mobile technology, big data, and virtual reality. In 2012, Flat6Labs became the first African member of the Global Accelerator Network.