The Global Startup Movement - Startup Ecosystem Leaders, Global Entrepreneurship, and Emerging Market Innovation

A quick dive into the Egypt startup ecosystem

05.19.2020 - By Andrew BerkowitzPlay

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Mr. Ahmed El Alfi is the Founder and Chairman of Sawari Ventures a Cairo-based venture capital firm. Established in 2010, the goal of Sawari is to help transform Egyptian and MENA region economies through the creation of high impact businesses. In 2011, Sawari created Flat6Labs, its own startup accelerator. Flat6Labs immerses startup entrepreneurs into real-world challenges of creating and managing sustainable enterprises.

Before Sawari Ahmed was a veteran investor and venture capitalist from California with over 25 years of experience in top executive and management positions. Investment track record over the last 17 years includes the execution of numerous successful transactions in technology, Internet, healthcare and financial services at various stages of development. Has executed many rewarding exits, including several IPOs on the NASDAQ. 2006, CEO, EFG-Hermes Private Equity; then founded Sawari Ventures.

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