Egyptian startup “Rahet Bally Co.” wins third place at Africa’s Business Heroes

“Rahet Bally Co.”, an Egyptian start-up founded by Nadia Gamal El Din in 2015 represented Egypt and was among the top three winners at “Africa’s Business Heroes”. 

Sponsoring this initiative was Chinese businessman, Jack Ma, co-founder and former executive chairman of Alibaba Group. Jack owns multiple successful trading companies and was the first Chinese man to ever be featured on the cover of “Forbes “ magazine.

The closing ceremony and winners’ announcement for the competition, which lasted 8 consecutive months, took place in Johannesburg, South Africa on Saturday, November 19.

Rahet Bally Co. is an all-inclusive platform supporting moms in the Middle East and Africa.  It offers B2C services to moms as well as  B2B services to SMEs & Corporates. In addition to connecting new moms to the most suitable and beneficial businesses for them.

Nadia Gamal El Din, CEO & founder of the start-up shared her pride, announcing the win “After 8 months of competing against 21,000 brilliant African start-ups from all across the continent and traveling to Rwanda & Johannesburg to compete against their regional start-ups & weekly rigorous challenges, Rahet Bally Co. wins at Africa’s Business Heroes”.

 

Notably, “Africa’s Business Heroes” is considered the toughest, most prestigious competition, and scoring top 3 is such an honor for “Rahet BallyCo.” and Egypt by extension. 

 

WeMed Award: Find out who are the winners

On Monday 21st November 2022, the WeMed Award winners were publicly announced through a physical Award Ceremony held in Sant Pau Recinte Modernista (Barcelona).

The goal of this second edition of the WeMed Award, organised by Medwaves the UNEP/MAP Regional Activity Centre for SCP and TEXFOR, was to recognize the outstanding achievements and success stories of sustainable businesses in the textile, clothing and fashion sector.

  • Winners in the Southern Category

The winner of the 1st prize in the Southern Mediterranean countries category is Leena Ramadan, with her business Hoopoo, a culture-infused brand, inspired by local and international fashion trends customized for a comfortable yet different fashion experience.

The winner of the 2nd prize in the Southern Mediterranean countries category is Jocelyne Saade. Through her business Grade A Plus, she upcycles the sheep wool wasted or burned in Lebanese mountains to produce Blankets, sheep wool insulation sheets and pellet fertilizers.

  • Winners in the Northern Category

The winner of the 1st prize in the Northern Mediterranean countries category is Federico Miguel Sainz de Robles, with his business Sepiia 2080, that  unite fashion and technology, creating a bridge between functionality and design through our smart garments.

The winner of the 2nd prize in the Northern Mediterranean countries category is Niccolò Cipriani, from Italy, with his business Rifo, that makes high quality garments and accessories, using recycled and recyclable textile fibers.

More about the awards

The 1st prize awards, named ‘Gold acceleration services’ consists in 20.000€ given in the form of coaching services and external technical assistance to develop and consolidate its business idea. For the 2nd prize awards, named ‘Silver acceleration services’ the winners will receive 10.000€ given in the form of coaching services and external technical assistance.

This edition is funded by the ENI CBC Med Programme in the framework of the STAND Up! project and by the SwitchMed programme.

In this second edition, organised by MedWaves, the United Nations Environment Programme Mediterranean Action Plan (UNEP/MAP) regional activity centre for Sustainable Consumption and Production (SCP) and Texfor – Textile Industry Confederation, the award recognises success stories of sustainable businesses in the textile and clothing sector.