Tag: IFC

Ashraf Sabry, Fawry CEO

All Aboard Egypt’s E-payments Express

Whether it’s buying a bus fare or an airline ticket, Egypt’s first and biggest e-payment firm Fawry handles around 1.5 million transactions daily. Fawry CEO Ashraf Sabry told Venture how he planned to convince even more merchants and consumers to make…


IFC Invests $45 Million in MS Pharma

The International Finance Corporation (IFC), the private sector arm of the World Bank, is making a $45 million equity investment in Jordan’s MS Pharma. “We believe that supporting leading companies such as MS Pharma will not only improve access to…

Rasha Manna, the Managing Director of Endeavor Jordan on challenges facing startups

Start up Jordan

Rasha Manna, the managing director of the entrepreneur support group Endeavor Jordan, lays out the challenges facing the Kingdom’s startups, and what it takes to overcome them. The one major difficulty Endeavor faces in Jordan is pipeline—finding companies that meet…