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The Alexandria-based Hassab Diagnostic Labs, co-founded by Endeavor Entrepreneurs Mohamed Azab and Amina Hassab, recently formed a partnership with the SAHAM Group, founded by Endeavor Morocco Board Chairman Moulay Hafid Elalamy. The two companies will leverage the partnership to continue supporting and developing healthcare services across Egypt and Africa.
Saham Sante, a subsidiary of the SAHAM Group, aims to improve the healthcare infrastructure in the region by developing an African healthcare services network in line with international standards. With this objective in mind, the Group formed a strategic partnership with Hassab Labs – Egypt’s leading diagnostic services provider whose mission is to deliver exceptional diagnostic services using top quality standards, state of the art technology and medical expertise.
Established in Casablanca, SAHAM Group’s activities span 24 African and Middle Eastern countries and employ more than 6,000 individuals. This pan-African ambition has translated into a desire to encourage regional partnerships, hence becoming the majority stakeholder of Hassab Labs and contributing to the development of a rapidly growing market. Hassab Labs currently operates 30 Labs in Egypt and, through their partnership with SAHAM, aimd to expand to Morocco and three other countries in the region by the end of 2015. The company’s vision to facilitate access to international healthcare and diagnostic solutions for underserved populations will be propelled through this partnership, positioning Hassab among the top three laboratories in Africa in terms of reach and quality of service.
“SAHAM Group and Hassab Labs share commonalities in their values of integrity, ethics and social responsibility. We are committed to raising the level of Healthcare in our part of the world all while fostering an internal spirit of entrepreneurship and innovation,” said Mohamed Azab, CEO of Hassab Labs. “Being a part of the Endeavor Network established immediate trust between the two parties and expedited the conclusion of this deal, we are very happy to partner with the SAHAM Group. Our vision is much bolder now, and are very excited for what the future holds for Hassab Labs.”
Since their selection into the Endeavor network in 2012, the Hassab Labs team has benefited from customized mentorship and advisory services provided by Endeavor’s global network. The mentors have helped the entrepreneurs develop everything from HR models to operational best practices. In return, they have given back locally to Endeavor Egypt and Mohamed now serves on the Board of Endeavor Egypt.
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