EFG, Hassan Allam, Khazna all get a round of applause
KUDOS-
We said earlier this week that it is never too late to start something new — or even start over. In that vein: Big kudos to reader Ehab Mikhael from ADM, who wrote in to let us know that he agreed, having earned his MBA just a few days earlier at the age of 44.
EFG Hermes’ consumer finance arm valU was named fintech company of the year at the Tech Innovation Awards 2021 — hosted by BNC Publishing’s Entrepreneur Middle East in Dubai on 6 October, the company said in a press release (pdf). “We are honored to be named ‘Fintech Company of the Year’ by Entrepreneur Middle East and to be nominated among some of the strongest names in the fintech industry,” valU CEO Walid Hassouna said.
Fintech startup Khazna was selected to compete in the first iteration of the Last Mile Money Accelerator, a program founded by the Bill & Melinda Gates Foundation and managed by design company IDEO. “The four-month programme aims to supercharge startups with grant capital, world class design support from IDEO and IDEO.org, and connections to key strategic ecosystem partners,” according to Disrupt Africa.
Hassan Allam Holding took home the Technology Initiative of the Year prize at the CW Egypt Awards 2021. The company was noted for implementing SAP across all its business divisions, employing the system for “document creation approval with different strategies, as well as reviewing and monitoring all transactions.”