Riyadh - Sharikat Mubasher: Al-Jadwa Company, a Saudi-based company specializing in preparing economic feasibility studies and developing business systems, signed a memorandum of understanding (MoU) with GEN-22 On Sloane, the largest startup campus and entrepreneurship hub in Africa, to accelerate the development of cutting-edge digital tools and to bolster the startup ecosystems in Saudi Arabia and South Africa.

The agreement was signed by Waleed Al-Dhabi, Founder and Chief Executive Officer of Al-Jadwa Company, and Kizito Okechukwu, Chief Executive Officer of GEN-22 On Sloane, during the G20 Startup Summit, the company announced in a recent statement.

The signing ceremony was attended by Fahd Al Saud, Chair of the Saudi Startup Group STARTUP20 of the G20, alongside Jonathan Ortmans, Founder and Chairman of the Global Entrepreneurship Network (GEN).

Both parties will jointly implement various initiatives, including incubation and capacity-building programs, feasibility study development, and structured channels to connect entrepreneurs with investors.

As part of this collaboration, Al-Jadwa and GEN-22 On Sloane will launch a joint business accelerator, create an integrated digital platform to facilitate cross-market linkages, and publish quarterly impact reports aimed at assessing progress and informing future initiatives.