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Ahmed El Alfi and Hany Al Sonbaty: Pioneering the VC Revolution and Fostering Entrepreneurship

Ahmed El Alfi and Hany Al Sonbaty: Pioneering the VC Revolution and Fostering Entrepreneurship

By Nazmia Nassereddine 16 July 2024

In the world of technology and entrepreneurship in Egypt, few names resonate with the level of impact and visionary  prowess that comes with mentioning Ahmed El Alfi and Hany Al Sonbaty. Ask any stakeholder in Egypt’s startup ecosystem about the most impactful investors in Egypt, and Flat6Labs and Sawari Ventures will undoubtedly be mentioned. 

Sawari Ventures was the first to be founded in 2010, by Ahmed and Hany. The firm has been instrumental in providing growth capital to promising startups, thereby creating a self-sustaining ecosystem of innovation and entrepreneurship.  

They wasted no time, as the two also went on to create Flat6Labs in 2011, which has since expanded to Saudi Arabia, UAE, Lebanon, Tunisia, and Bahrain. Flat6Labs nurtures early-stage startups across MENA, drawing appl

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