DGGF is creating opportunities for young entrepreneurs in the MENA region
By means of the investment of the Dutch Good Growth Fund (DGGF), two young passionate designers in Caïro, Hend Riad (28) and Mariam Hazem (28), have received external finance from Sawari Ventures North Africa Fund.
Sawari Ventures is an Egyptian venture capital firm aims to invest in more than 85 SMEs owned by young entrepreneurs like Hend and Mariam. Thanks to the received support, the designers managed to professionalize their business “Reform Studio”, which transforms used plastic into designer products. In October 2016, their business received a major push when asked to contribute to the launch of IKEA’s first African-themed furniture collection.
Interested to learn more about how DGGF is enabling entrepreneurship in frontier markets? You can read the DGGF impact report.