Why Iraq makes a compelling case for Impact Investments

In December 2017, Iraq confirmed it had defeated the Islamic State in Iraq and Syria (ISIS) group, three years after the jihadi group swept through the country, seizing some of its largest cities and wreaking havoc on the local population. Now, authorities estimate Iraq needs nearly US$90 billion to restore the country that has been

Noor El Qamar - GroFin Iraq Client

Noor El Qamar – Father and son team up to manufacture thermostone blocks locally in Iraq

In a fortunate turn of events, Iraq declared victory over the Islamic State in December, but the country’s economic challenges are far from over. A nation that has been torn apart by successive wars and plagued by security issues, Iraq is now seeking USD100 billion in foreign investment as part of a plan to rebuild

GroFin Client - Al-Menber (Syrian refugee children in Jordan)

Al-Menber School – Touching the lives of Syrian refugee children in Jordan

As many as 226,000 out of 660,000 (almost a third) of Syrians refugees registered with the United Nations refugee agency in Jordan are school-aged children between 5-17 years old. Since the outbreak of conflict in Syria in 2011, the influx of Syrian refugee children in Jordan has spurred the Education Ministry to take several steps

Nomou Impact Report 2017

Nomou 2017 Impact Report

Download the Full Report It is our privilege to share with you the Nomou 2017 Impact Report. The Nomou Programme is a regional initiative in MENA which was co-created by GroFin and Shell Foundation. As a result of the collaborative efforts of its investors, partners and clients, we are proud that the Nomou programme is

GroFin Client - AL-BADEA - Iraq

From Wars to Water – Iraq’s Al-Badea shows the way

A long history of unstable rule, border disputes, and religious strife has created continuous conflict in Iraq. With wars conducted from the beginning of the 20th century to the present, Iraq has become a developing country whose people suffer decreased access to clean water, and heightened severity of disease outbreak. Poor water quality persists throughout

GroFin Jordan Client - Arabella for Aluminium

As Jordanian SMEs grow, Syrian refugee livelihoods bloom

Jordan has witnessed a significant refugee influx over the last seven years. This has placed a huge strain on economic infrastructure, service delivery and employment avenues alike. Representing a population of nearly 1.3 million, the vast majority of Syrians who fled to Jordan since war broke out in their country in 2011 live outside official

How young Arab entrepreneurs are powering job creation

Moving away from their historical over-reliance on the public sector, Arab youth are empowering themselves by pursuing entrepreneurship avenues and these young Arab entrepreneurs are creating employment at scale The eighth United Nations Sustainable Development Goal (SDG) calls for promoting “inclusive and sustainable economic growth, employment, and decent work for all.” A new report by the

AMTS

AMTS: Reaching new thresholds of technical excellence with GroFin’s support

The multiple crises and ongoing state of instability and security issues in Iraq have had a greatly adverse effect on the wellbeing and education of children in Iraq. Current statistics from UNICEF show that only 49% of children go on to attend secondary school.[1] Fortunately for him, Ali Agha Jaffar grew up in a different

Five Builders: Harnessing the power of the youth to build the pyramids of tomorrow

Demographic pressures mean that the Egyptian labor market is increasingly unable to cope with the number of new job seekers. The size of the youth population (aged 15 to 29) has increased from 13.3 million in 1988 to 17.4 million in 1998 and 22.2 million in 2006. The labour market is threatening to reach boiling