Across the GCC, SMEs face a $250 billion financing gap, with only 11% having access to credit. In the UAE, they generate more than half of GDP yet receive less than 10% of total bank lending.
Today, Zamanat launches Zamanat Fund CEIC Limited, a DFSA-regulated, DIFC-domiciled Credit Fund. Managed by Truleum Venture Partners and administered by @ApexGlobalGroup, with fund interests issued as ZM1 Investment Tokens on @ZIGChain.
First live proof point in bringing GCC private credit into digital markets.
Zamanat is backed by @Disrupt_com.
A productive few days at the Silk Road Finance and Technology Forum in Tashkent with @ARafayGadit, @Khaliiqo, regulators, institutions and builders from across the region.
The opportunity: connect Central Asian assets with GCC capital through credible structures and distribution
Central Asia is building the tokenization infrastructure the GCC built years ago, yet deal flow between the two stays limited.
I'll be In Tashkent 26 Aug for the Silk Road Finance and Technology Forum, representing @ZamanatRWA. Reach out if structuring in either market.
Founders think 0-1 growth is about execution. It's actually about whether belief and customer reality still match.
Wajiha Khalid @WimBizKit on why growth is a diagnostic, not a function.
🔗https://t.co/I5obCVDc3C
Some leaders build companies.
Others build the frameworks behind them.
This #InternationalWomensDay we highlight Wajiha Paracha @WimBizKit and the principles guiding venture building at https://t.co/dVguysGzrg.
Structure before speed.
Conviction before expansion.
Outcomes over noise.
Read the full story:
https://t.co/74X8IZJCJR
#IWD #WomenInTech #WomenInLeadership
🙌 The Villars Institute Summit kicks off today!
Taking place in Villars-sur-Ollon, Switzerland, the Summit brings together global changemakers committed to real progress for the future of our planet.
Read about the Villars Institute Summit 2023 here: https://t.co/VnpfASq1kg
As the unfortunate news about @airlift_pk breaks, the most negative takes will be from people who know the least about building startups, funding cycles and how blitzscaling works.
Better to hold off on your judgy hot takes & try to learn from their mistakes and achievements.
My heart goes out to everyone working hard in the Pakistani tech ecosystem
Airlift raised a monster Series B ($85M) & was the poster child for the burgeoning Pak startup scene
I ~really~ hope their failure is taken in context & not as a reflection on the entire ecosystem
.@wef's Global Shapers Community today celebrates its 10th birthday.
With more than 14,000 Global Shapers and Alumni in 455 city-based hubs across 147 countries, it continues to advance the Global Goals.
Join the celebration here: https://t.co/6VWCucoCXo @GlobalShapers