# Alfanar

> Alfanar is a VC fund in Cairo backing Retail, Fashion and Recycling. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Cairo, Egypt
- Total investments: 2
- Last investment: Mar 2024
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/alfanarvp/
- X (Twitter): https://twitter.com/alfanarvp
- Website: https://www.alfanar.org/
- Facebook: https://www.facebook.com/alfanarvp/

Alfanar is a VC fund in Cairo focused on Retail and Fashion. Alfanar offers tailored financing, management support, and real-time monitoring and evaluation to social enterprises working to improve the quality of children's education and empower women, youth, and refugees across the Arab region. It aims to strengthen ambitious social enterprises that generate financial and social returns whiletransforming lives in the region's poorest communities. It was founded in 2004 and is headquartered in Cairo, Egypt.

## Contacts

5 contacts available for Alfanar. Shizune tracks 4 team members at Alfanar. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/alfanar?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Retail | 1 | 50% |
| Fashion | 1 | 50% |
| Recycling | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Venture - Series Unknown | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Fadel Zayan | Investment Director | 0 | https://shizune.co/investors/profile/fadel-zayan |
| Michelle Mouracade | Lebanon Country Director | 0 | https://shizune.co/investors/profile/michelle-mouracade |
| Myrna Atalla | Executive Director | 0 | https://shizune.co/investors/profile/myrna-atalla |
| Shenouda Bissada | Egypt Country Director | 0 | https://shizune.co/investors/profile/shenouda-bissada |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| FabricAID | FabricAID collects, sorts, and redistributes second-hand clothes at micro prices to marginalized communities reducing fabric waste. | $300K | Venture - Series Unknown | Mar 05, 2024 |  |
| FabricAID | FabricAID collects, sorts, and redistributes second-hand clothes at micro prices to marginalized communities reducing fabric waste. | $1.6M | Seed | Jan 10, 2022 |  |

2 of 2 investments shown.

## Co-investors
- [Hope Ventures](https://shizune.co/investors/profile/hope-ventures-40ac) — VC Fund, 1 deal together
- [Wamda Capital](https://shizune.co/investors/profile/wamda) — VC Fund, 1 deal together

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## FAQ

### What does Alfanar invest in?

Alfanar invests primarily in Retail, Fashion and Recycling startups, most often at Seed and Venture - Series Unknown stage. Most of the 2 investments tracked by Shizune back companies in Lebanon. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Alfanar?

Public channels for Alfanar include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Alfanar?

The team at Alfanar includes Fadel Zayan (Investment Director), Michelle Mouracade (Lebanon Country Director) and Myrna Atalla (Executive Director). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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