Sawiris Foundation signs an MoU with AFD, Essam and May Allam Foundation, and the Louis Dreyfus Foundation
With this Memorandum of Understanding (MoU), AFD, Essam and May Allam Foundation, Louis Dreyfus Foundation and The Sawiris Foundation for Social Development formalized their collaboration to tackle the significant challenges faced by smallholder farmers in rural Egypt, particularly focusing on climate vulnerability and limited credit and market access. The proposed solution is a comprehensive package of bundled agricultural services, centered around tailored credit products designed to incentivize the adoption of climate-smart inputs and practices. This approach aims to enhance farmers' resilience to climate change, leading to improved crop quality and yields.
Marie-Hélène Loison, Deputy Director General of AFD, emphasized: 'AFD will provide a technical support from its Impact Evaluation Department and is proud to join forces with two major Egyptian foundations and Louis Dreyfus for its longstanding experience of projects promoting sustainable micro-farming and agricultural practices.
Naguib Sawiris, Founder and Vice Chairman of the Board of Trustees of the Sawiris Foundation, said: "this partnership marks a pivotal moment in our ongoing commitment to sustainable development and empowering Egyptian communities. By joining forces with AFD, Essam and May Allam Foundation, and Louis Dreyfus Foundation, we are able to expand our reach and deliver innovative, climate-smart agricultural solutions directly to small farmers in Sohag and Minya'.
Laila Hosny, Executive Director of Sawiris Foundation, said: ' this initiative is a testament to our belief in collective action to drive lasting change, providing tangible pathways to increased income and economic stability for those who need it most".
Robert Serpollet, General Manager of Louis Dreyfus Foundation, said: 'Together, we will work towards the shared goal of uplifting agricultural communities. This joint effort and collaboration are essential for shaping more resilient communities and a more sustainable food system'.
Hassan E. Allam, Founder and Chairman of the Board of Trustees of the Essam and May Allam Foundation, said: 'This partnership reaffirms our commitment to advancing evidence-based solutions, a vision championed by my late father and sister which we are keen to uphold. We are proud to work alongside our distinguished partners in delivering climate-smart agricultural solutions tailored to the needs of Egypt's smallholder farmers'.
Amr E. Allam, Founder and Vice Chairman of the Board of Trustees of the Essam and May Allam Foundation, said: 'This project aims to improve productivity, raise incomes, and build climate resilience in Sohag and Minya—underscoring our mission to help uplift communities and break the cycle of poverty'.
It is worth noting that the Memorandum of Understanding marks a significant step toward empowering smallholder farmers in Egypt through climate-smart, sustainable agriculture. By combining the strengths of all four partners, the initiative offers a scalable model to boost productivity, build climate resilience, and improve livelihoods in rural communities.
Press contacts:
For AFD: Zied Ounissi ounissiz@afd.fr / Kabil Zerouali zeroualik@afd.fr
For the Sawiris Foundation: Mohamed Lotfy / mlotfy@sawirisfoundation.org
For LDF: Ekaterina Naymark / ekaterina.naymark@ldc.com
For Essam and May Allam Foundation: Hala Samy / hala.samy@hassanallam.com
About Agence Française de Développement (AFD) Group
The Agence Française de Développement (AFD) Group has established itself as a key player in Franco-Egyptian cooperation, working since 2006 to support the country's economic, social and environmental transitions.
In response to these challenges, AFD is stepping up its efforts and in 2022 revised its strategic intervention framework to support the country in the transitions underway and respond to Egypt's specific climate change adaptation needs, gender equality or training and employment.
With a portfolio of €2.3 billion (November 2023), AFD is deploying a diversified range of instruments to support the Egyptian government in its development objectives, mainly in the sustainable infrastructure sectors (energy, transport, water and sanitation), climate finance, support for the private sector and entrepreneurship, and social sectors, including social protection. Today, 55 projects are underway, contributing to the achievement of the Sustainable Development Goals (SDGs) and reflecting the priorities shared by Egypt and France. They are intended to support the integration of Egyptian financial, commercial and productive systems at the regional level; to support the development of green, inclusive and efficient infrastructure; and promote equitable and sustainable local territorial development.
Learn more about the AFD Group's activity in Egypt
About Sawiris Foundation:
The Sawiris Foundation for Social Development (SFSD) is one of the first donor foundations in Egypt. Established in 2001 by the Sawiris family, SFSD philanthropically promotes and supports innovative solutions that target comprehensive and sustainable development in Egypt.
Over the last 24 years, SFSD has addressed the most pressing issues facing marginalized Egyptians, such as poverty, unemployment, social exclusion, and limited access to quality education, by funding the delivery of programs aimed at achieving comprehensive and sustainable development, in partnership with the governmental and private sectors as well as civil society. By creating thousands of job opportunities and providing quality education and access to basic services, we have impacted the lives of approximately 1 million Egyptians. Our funded programs cover 24 Egyptian governorates, focusing on the most remote villages.
With increasing global and national challenges, Sawiris Foundation developed its strategic directions while finding the most cost-effective and impactful ways to support Egypt's marginalized families and those trying to further positive social change in Egypt. By following the philosophy of effective altruism and evidence-based practices, we have launched our 2023-2028 strategy to maximize our impact in reducing multidimensional poverty and empowering agents of change in Egypt.
Learn more about Sawiris Foundation for Social Development
About LDF:
The Louis Dreyfus Foundation aims to promote projects in the areas of sustainable agriculture, food security and self-sufficiency, particularly through education and direct support to small-scale farmers, with a specific focus on developing countries in Africa, Asia and Latin America.
Learn more about the Louis Dreyfus Foundation
About Essam and May Allam Foundation:
Founded in 2025 by the Essam Hassan Allam family to honor the legacy of a remarkable father and daughter, the Essam and May Allam Foundation (EMAF) is dedicated to breaking the cycle of poverty in Egypt through evidence-based, high-impact initiatives in education and agriculture. By focusing on programs grounded in rigorous research and proven effectiveness, the Foundation ensures its efforts are scalable, sustainable, and positioned to deliver meaningful results. EMAF operates through two strategic pillars. The Essam Allam Agriculture Accelerator addresses key challenges in agricultural climate resilience, productivity, market access for smallholder farmers, and food security. The May Allam Knowledge Incubator works to improve early childhood and primary education, promote and preserve the Arabic language, conserve Middle Eastern arts and culture, and expand access to vocational training and scholarships. Through these pillars, EMAF serves as a catalyst for transformative change—bridging the gap between research and practice to drive inclusive development that empowers individuals, uplifts communities, and fosters long-term resilience across Egypt.
Learn more about The Essam and May Allam Foundation
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
3 hours ago
- Zawya
National Printing plans to float 10% stake on EGX
National Printing S.A.E., an integrated printing and packaging platform in Egypt, is planning to float up to 10% of its shares on the Egyptian Exchange (EGX), as per an emailed press release. The initial public offering (IPO) will involve the sale of up to 21.171 million existing ordinary shares by National Printing International Holding S.A.L., Grandview Investment Holdings Corp, and other minority shareholders. The offering will include a private tranche committed by Saudi Arabian entrepreneur and investor Omran Mohammed AlOmran as cornerstone investor, in addition to a public tranche open for subscription. Both tranches will be offered at the same price per share. National Printing is in the process of obtaining approvals from the Financial Regulatory Authority (FRA), including the public subscription notice. Subject to these approvals and market conditions, the subscription period for the public tranche is expected to take place from July 27th to 31st, 2025. National Printing's shares are listed on the EGX under the symbol © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
4 hours ago
- Zawya
HiRemoters delivers up to 80% savings in cost through AI-powered remote hiring platform
Cairo, Egypt – HiRemoters, the AI-powered tech remote hiring platform engineered by Sprints, announced major growth milestones delivering cost savings of up to 60% in the GCC, 75% in Western Europe, and 80% in the United States for global clients seeking remote tech talent. HiRemoters is built by Sprints, one of the region's leading ed-tech companies. The platform leverages six years of Sprints' talent development expertise and a curated network of over 150,000 vetted top-tier tech professionals. Using AI-powered matchmaking, HiRemoters connects businesses with remote-ready talent, whether for individual roles or full-scale team builds. 'HiRemoters was launched after growing demand from global companies to access our top-tier, affordable tech talent,' said Bassam Sharkawy, Chief Strategy Officer and Co-founder of Sprints. 'One U.S. client built an LLM using AI developers from HiRemoters - that's the kind of caliber projects we are able to deliver.' Unlike traditional outsourcing models with hidden fees, HiRemoters provides full transparency and direct client-talent engagement. The platform offers complete customization for role definitions, compensation, onboarding, and timezone alignment while automating complex workflows including compliant contracts, 48-hour onboarding, and multi-currency payroll. HiRemoters also provides Employer of Record (EoR) services, enabling businesses to hire globally without establishing local entities. The platform handles legal, payroll, tax, and benefits administration while giving clients complete control over the employee lifecycle. "Our goal is not only to help businesses scale but to enhance the remote work experience for everyone," said Ayman Bazaraa, CEO and Co-founder of Sprints. "We're investing in advanced collaboration platforms and next-generation AI recruitment tools." The company continues expanding its technology infrastructure and global talent network while maintaining its commitment to continuous upskilling through the Sprints platform. About HiRemoters is a global remote hiring platform that enables companies to hire, onboard, manage, and pay top tech talent worldwide, without the need to establish local entities or navigate complex local regulations. Powered by AI, it delivers seamless payroll, compliance, and Employer of Record services, efficiently connecting businesses with pre-vetted professionals. Developed by Sprints, and backed by Disruptech Ventures, EdVentures, and Falak.
Zawya
4 hours ago
- Zawya
Seven Days, Epic Savings and Deep Discounts: Amazon.eg announces Prime Day from July 25 to 31, exclusively for prime members across Egypt
Prime Day returns with hundreds of thousands of deals including up to 60% off Fashion, 50% off Electronics, 45% off Beauty, 45% off Everyday Essentials, 25% off Kitchenware, and more summer must-haves Prime members will also enjoy additional discounts when using Banque Misr, QNB, CIB, Bebasata, Vodafone Cash, and Valu, in addition to other membership benefits including free and fast shipping, Prime Video, and Prime Gaming 75% of Egyptian online shoppers turn to digital memberships for greater savings, according to new research Cairo: announces its biggest Prime Day, giving members seven full days to explore hundreds of thousands of exclusive deals from July 25 at 00:01 am through July 31. The sale event features deep discounts across top international and local brands, including over 200 new additions to this year such as L'Oréal Professional, Bless, Kerastase, Kheyoot Socks, By Pavo, and Under Armour. Recent research from HarrisX reveals that 32% of Egyptian shoppers wait for sale events to make their summer purchases for their upcoming trips and holidays, while 78% use sale events to stock up on everyday essentials —making Prime Day the perfect opportunity to save on both household necessities and summer must-haves. Prime members can discover great deals across more than 30 categories with deep discounts including up to 60% off fashion, 50% off electronics, 45% off beauty, 45% off everyday essentials, and 25% off kitchenware across local and international brands including Ariika, Juhayna, deJavu, Andora, Dice, Mintra, Raw African, Samsung, Black and Decker, Philips, JBL, Maybelline New York, Adidas, and DeFacto. To enhance the shopping experience, is offering Prime members exclusive banking benefits and flexible payment options this Prime Day. Banque Misr cardholders can enjoy 10% off up to EGP150 on select cards, while QNB and Bebasata Prime customers receive 10% off up to EGP250. Vodafone Cash users benefit from 10% off up to EGP100 on their purchases. For those preferring instalments, Commercial International Bank (CIB) and Banque Misr cardholders can access six-month instalment plans with 0% interest, and Valu customers can utilize three-month instalments with 0% interest, fees, and down payment. 'Prime membership has evolved to become a meaningful part of how our customers approach their everyday shopping needs,' said Omar Elsahy, Amazon Egypt's General Manager. 'According to the latest consumer research, 75% of Egyptian shoppers recognize the long-term value of digital memberships, which aligns with what we see in our members' shopping patterns throughout the year. The Prime membership experience reflects our ongoing commitment to deliver both exceptional value and convenience—combining shopping benefits, entertainment experiences, and consistent savings in a way that truly enhances our customers' lives year-round.' These benefits extend to Amazon's selling partners, who have found significant value in the store's reach and customer engagement. 'Our relationship with has evolved into a strategic collaboration that enables us to reach and delight more customers," said Ahmed Gafaar, Chief Marketing and Ecommerce Office at Samsung Electronics Egypt. 'This relationship has been instrumental in accelerating our market presence and growth in Egypt. We have consistently expanded our product portfolio and customer reach, allowing us to bring innovative Samsung products to more Egyptian customers. Building on this success, we are excited to offer even more compelling value to customers during this year's Prime Day sale event.' Prime Membership Prime membership combines a slate of shopping and entertainment benefits for EGP 29/month or EGP 249/year, including fast and free delivery, exclusive shopping deals, Prime Video where members can stream or download thousands of award-winning movies and TV series across genres and languages, and Prime Gaming with access to a growing library of free games. According to HarrisX research, 80% of Egyptian online shoppers believe digital shopping memberships make the whole experience more convenient. This is reflected in the experience of loyal Prime member Mina Makar, who relies on for household essentials: 'I count on for all my everyday essentials—from groceries to cleaning supplies—because of their competitive prices and wide selection. With Prime, I get the value of fast, free delivery on my regular shopping list items, which makes managing my household budget and routine much more convenient."
