H.E. Alex Kallua attended a strategic meeting involving Menomadin and Mitrelli's key stakeholders

On 7 June 2022, H.E. Alex Gabriel Kallua attended a strategic and decisive event organized by Ambassador Ytzhak Eldan, President of the Ambassadors' Club in Israel, involving Menomadin Foundation and Mitrelli's key stakeholders.

Menomadin Foundation operates both in Israel and Africa, advancing social ventures and Impact Investments, that aim to achieve the UN Sustainable Development Goals.

The Foundation was established by international businessman Haim Taib, the founder and President of the Mitrelli Group - an infrastructure company operating in African emerging markets, specializing in large-scale turnkey projects in various sectors.

Menomadin Foundation works to achieve sustainable and long-lasting social impact focusing on three lines of operation: Strategic Philanthropy endeavors in Israel, aiming to strengthen Israel’s social resilience, and in Africa - advancing unprivileged communities; Impact Investing in start-up companies who develop Impact-driven products and technologies in the fields of Agro-tech, health, water, energy and education; and Cross-Sector Partnerships involving local and national Governments, NGOs, and the business sector, all committed to the realization of our social goals.

But alongside meaningful long-term social impact, its social endeavors are aiming to yield financial return. Its unique approach is financially oriented, using the Blended Finance Model to develop innovative financing structures that encourage sustainable social entrepreneurship.