Egypt’s AXA Partners With Endeavor To Bolster High-Growth Startups

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AXA Egypt has announced a strategic partnership with Endeavor Egypt, the leading global organization supporting high-impact entrepreneurs. The collaboration reinforces AXA’s commitment to enabling entrepreneurs, scale-ups, and high-growth businesses across Egypt’s innovation ecosystem by combining Endeavor’s global network with AXA’s expertise in risk management, governance, and business scaling.

A Strategic Alliance for Scale-Ups

The partnership is designed to provide targeted support for entrepreneurs navigating the challenges of growth and expansion. AXA’s contribution will extend beyond financial investment to include deep-dive mentorship, knowledge sharing, and direct leadership engagement. This initiative leverages AXA’s strong local market presence in Egypt, where it was established in 2015, with its global institutional strength.

The collaboration also sets the stage for future joint initiatives, including curated networking platforms and tailored programs designed to meet the evolving needs of Egypt’s most promising companies.

Leadership-Led Mentorship

A key pillar of the partnership is the direct involvement of AXA’s senior leadership. Minoush Abdelmeguid, CEO of AXA in Egypt, will join as a Mentor, providing hands-on support to entrepreneurs on the ground.

Concurrently, Hassan El-Shabrawishi, Chairman of the Board of AXA Egypt and CEO of AXA International Markets, will serve as an International Mentor, offering regional and global perspectives to high-growth ventures across the entire Endeavor network.

Fostering Sustainable Economic Impact

Leadership at AXA highlighted the partnership’s alignment with the company’s long-term vision for contributing to the local economy.

Hassan El-Shabrawishi commented, “Egypt’s core strengths lie in its dynamic market and strong physical infrastructure. For the country’s entrepreneurial spirit to truly thrive, it needs committed private-sector partners. Through this partnership, AXA is stepping into that role… By combining local insight with AXA’s global expertise, we aim to turn entrepreneurial ambition into lasting economic impact.”

Minoush Abdelmeguid added, “This partnership reflects the direction we are building under ONE AXA, focused on growth, leadership, and long-term impact. Supporting entrepreneurs is central to how we contribute to Egypt’s future economy. By investing our expertise, time, and leadership, we are helping create an environment where businesses can scale responsibly and sustainably.”

An Entrepreneur-First Approach

From Endeavor’s perspective, the alliance creates powerful synergies that benefit founders directly.

Amr El Abd, Regional Managing Director, MENA at Endeavor, stated, “At Endeavor, we believe high-impact entrepreneurs are the primary drivers of economic transformation. Partnerships like this one create meaningful synergies between ambitious founders and global institutions, fostering knowledge exchange, strategic alignment, and long-term value creation across markets.”

Mohamed Azab, Chairman of the Board of Endeavor Egypt, added, “As both Chairman of Endeavor Egypt and an Endeavor Entrepreneur myself, I see the value this partnership brings firsthand. By bringing together AXA’s institutional strength and Endeavor’s entrepreneur-first model, we are reinforcing the ecosystem that enables Egypt’s most ambitious founders to build resilient, high-impact companies.”

About AXA Egypt

Established in 2015, AXA Egypt provides a full suite of insurance products, including General, Life & Savings, Health, and Micro-insurance plans. With a team of over 900 employees, the company serves more than 2 million customers nationwide, operating with an entrepreneurial mindset focused on innovation and long-term value creation.

About Endeavor Egypt

Endeavor Egypt launched in 2008 as part of the global Endeavor network. It focuses on driving sustainable economic development by selecting and supporting high-impact scale-up entrepreneurs. The organization currently supports over 100 entrepreneurs leading 68 companies. In 2025 alone, Endeavor Egypt Entrepreneurs generated more than $1.6 billion in revenues and raised over $266 million in capital.

Source: Zawya

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