For our sixth and final panel, we brought on the guys who we think are likely to be Egypt’s first climate billionaires by building one of the most exciting of Egypt's climate startups — Shift EV,  which efficiently and cost-effectively converts fleets from internal combustion engines into electric vehicles. We spoke with its co-founder and CEO, Aly El Tayeb, who started Shift EV in his basement, and Karim Hussein, managing partner at Algebra Ventures, and one of Aly’s first investors.

Participants:

Aly El Tayeb (Linkedin), co-founder and CEO, Shift EV.

Karim Hussein (Linkedin), managing partner, Algebra Ventures.

Interviewed by: Hisham Abdien, executive editor, Enterprise and Patrick FitzPatrick, editor-in-chief, Enterprise.

Must read and watch:

You can read our coverage of the panel here: https://climate.enterprise.press/stories/2022/12/14/shift-ev-and-algebra-ventures-on-how-to-build-a-usd-bn-climate-business-91113/

Catch our series on the Enterprise Exports and FDI Forum here: Apple Podcast | Spotify | Google Podcast | Anghami.

See omnystudio.com/listener for privacy information.

We interviewed on stage Leslie Reed, former mission director for USAID in Egypt and current director for Jordan. Leslie discussed the role development finance has in moving the needle on climate  — including a dive into how USAID is trying to help us save the coral reefs along the Red Sea coast. She also discussed the importance of developing human capital, the need for business and regulators to work together to expedite initiatives, and whether grants or blended finance would work best to support the business of climate. 

Participants:

Leslie Reed (Linkedin), mission director for Jordan (former Egypt mission director), USAID. 

Interviewed by: Hadia Mostafa, Managing Partner and Co-Founder, the Enterprise Company, and Patrick FitzPatrick, Editor-in-Chief, Enterprise. 

Must read and watch:

You can read our coverage of the panel here: https://enterprise.news/news/story?storyId=eb943e86-f689-461b-9297-3ebd510cdbd7

Catch our series on the Enterprise Exports and FDI Forum here: Apple Podcast | Spotify | Google Podcast | Anghami. 

See omnystudio.com/listener for privacy information.

The massive re-plumbing of the global economy to become more climate-friendly comes at a very high cost. So, how are we going to fund it all? In come the banks. Banks are no different than the rest of us: They want to know where the opportunities are. They worry about not doing enough, but also about being accused of greenwashing. They want to be part of the solution. So, how are they contributing and pushing companies and clients to be more sustainable?

Participants:

Todd Wilcox (Linkedin), CEO and Deputy Chair, HSBC Egypt.

Tarek El Nahas (Linkedin), Group Head of International Banking, Mashreq.

Nader Aboushadi (Linkedin), Group Treasurer, Dar Group.

Interviewed by: Patrick FitzPatrick, Editor-in-Chief, Enterprise. Moustafa Bassiouny, Partner, the Enterprise Company.

Must read and watch:

You can read our coverage of the panel here: https://climate.enterprise.press/stories/2022/12/07/getting-into-the-nitty-gritty-of-climate-finance-at-enterprises-climate-x-forum-90399/

Catch our series on the Enterprise Exports and FDI Forum here: Apple Podcast | Spotify | Google Podcast | Anghami. 

See omnystudio.com/listener for privacy information.