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Casablanca City
The Nile Cairo
Palestinian Town
Tunis
Amman Jordan cityscape
Beirut

Early-stage Impact Fund

Backing transformative ventures from MENA & beyond.

Backing transformative ventures from MENA & beyond.

We partner with visionary founders building scalable solutions in learning, wellbeing and climate resilience — the pillars of a generational regional transformation.

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Pitch us your venture

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Our thesis

Our thesis

Our Mission

We empower visionary entrepreneurs tackling the most pressing challenges in our region — and across the globe.

We empower visionary entrepreneurs tackling the most pressing challenges in our region — and across the globe.

We empower visionary entrepreneurs tackling the most pressing challenges in our region — and across the globe.

Anara Impact Capital is a purpose-built impact fund investing at seed and Series A in founders building category-defining companies across MENA and its diaspora. We back a focused portfolio of founders tackling learning, wellbeing and climate resilience.

Built on Alfanar Venture Philanthropy’s two-decade track record, Anara brings rigour, conviction and patience to a region long overlooked by global capital. Our strategy pairs commercial discipline with measurable social and environmental outcomes.

Sectors of Focus

Three pillars. One generational shift.

Three pillars. One generational shift.

Three pillars. One generational shift.

Learning, wellbeing and climate are the region’s largest underserved opportunity — and only a fraction of regional venture funding reaches them.

Learning, wellbeing and climate are the region’s largest underserved opportunity — and only a fraction of regional venture funding reaches them.

Learning & Skills

Learning & Skills

Learning & Skills

Wellbeing

Wellbeing

Wellbeing

Climate Resilience

Climate Resilience

Climate Resilience

Who We Are

Operators, investors and builders.

Operators, investors and builders.

Operators, investors and builders.

Our team brings together decades of experience in venture, private equity, M&A and entrepreneurial ecosystems across MENA, Europe and North America.

Our team brings together decades of experience in venture, private equity, M&A and entrepreneurial ecosystems across MENA, Europe and North America.

Nafez Dakkak

Managing Partner

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Nadia Moukaddem

Principal · Levant & North Africa

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Mohamed Hussein

Principal · Egypt & North Africa

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For Founders

Building something that matters?

We back founders at seed and Series A tackling learning, wellbeing or climate at scale across MENA. We invest early and keep backing founders as they grow.

Apply for funding

→

For Founders

Building something that matters?

We back founders at seed and Series A tackling learning, wellbeing or climate at scale across MENA. We invest early and keep backing founders as they grow.

Apply for funding

→

For Founders

Building something that matters?

We back founders at seed and Series A tackling learning, wellbeing or climate at scale across MENA. We invest early and keep backing founders as they grow.

Apply for funding

→

Newsroom

All updates

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Press & perspectives.

Press & perspectives.

Press & perspectives.

Press Release

2026

Anara Impact Capital Announces $48M First Close of Debut Fund to Back Transformative Ventures from the Arab World

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An early-stage impact fund investing in learning, wellbeing and climate resilience — built on two decades of regional conviction.

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Thesis

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Careers

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Compliance

Sustainability Disclosures (SFDR)

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© 2026 Anara Impact Capital. All rights reserved.

Domiciled in the Netherlands · External AIFM under EU Directive 2011/61/EU

Anara is part of the broader efforts under the Social Entrepreneurship Fund (SEF) – a catalyst financing initiative for the social economy started by remarkable group of institutional investors such as BMZ and EU.

Attention: This investment falls outside AFM supervision. No license required for this activity. This website is for informational purposes only and does not constitute an offer to buy or sell any security. Prospective investors should consult their own professional advisers before any investment decision.

An early-stage impact fund investing in learning, wellbeing and climate resilience — built on two decades of regional conviction.

Explore

Thesis

Team

Newsroom

Engage

Apply for funding

Careers

LinkedIn

Compliance

Sustainability Disclosures (SFDR)

Grievance Mechanism & Feedback

© 2026 Anara Impact Capital. All rights reserved.

Domiciled in the Netherlands · External AIFM under EU Directive 2011/61/EU

Anara is part of the broader efforts under the Social Entrepreneurship Fund (SEF) – a catalyst financing initiative for the social economy started by remarkable group of institutional investors such as BMZ and EU.

Attention: This investment falls outside AFM supervision. No license required for this activity. This website is for informational purposes only and does not constitute an offer to buy or sell any security. Prospective investors should consult their own professional advisers before any investment decision.

An early-stage impact fund investing in learning, wellbeing and climate resilience — built on two decades of regional conviction.

Explore

Thesis

Team

Newsroom

Engage

Apply for funding

Careers

LinkedIn

Compliance

Sustainability Disclosures (SFDR)

Grievance Mechanism & Feedback

© 2026 Anara Impact Capital. All rights reserved.

Domiciled in the Netherlands · External AIFM under EU Directive 2011/61/EU

Anara is part of the broader efforts under the Social Entrepreneurship Fund (SEF) – a catalyst financing initiative for the social economy started by remarkable group of institutional investors such as BMZ and EU.

Attention: This investment falls outside AFM supervision. No license required for this activity. This website is for informational purposes only and does not constitute an offer to buy or sell any security. Prospective investors should consult their own professional advisers before any investment decision.