Mozare3

Mozare3, founded in 2020 by Hussein Abo Bakr, Tamer El-Raghy, and Mohamed Okasha, is an Egyptian agri-fintech company dedicated to transforming the agricultural sector in Egypt and the broader Middle East and Africa region. The company provides smallholder farmers with innovative financial products, market access, and agronomy support, aiming to enhance their productivity and income.

Through its platform, Mozare3 facilitates contract farming, connecting farmers directly with food processors and exporters. This approach enables farmers to plan for the future, invest, and secure financing, while offering buyers a reliable and traceable source of agricultural produce.

In addition to market access, Mozare3 offers embedded financial services, providing farmers with essential inputs such as pesticides, fertilizers, and seedlings through flexible payment terms. The company also delivers agronomy support via its mobile application, contact center, and on-ground agricultural engineers, assisting farmers in producing high-quality crops.

Since its inception, Mozare3 has expanded its operations across multiple Egyptian governorates, serving thousands of farmers and partnering with numerous corporate clients. The company has attracted significant investment, including a $1.1 million pre-seed funding round in 2021 led by Algebra Ventures and Disruptech Ventures, with participation from EFG-EV and other angel investors.

By integrating technology with agricultural practices, Mozare3 aims to revolutionize the agri-fintech landscape, empowering smallholder farmers and contributing to the sustainable development of the agricultural sector in Egypt and beyond.