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Brimore Has Joined Endeavor Egypt’s Network

Brimore Co-Founders Ahmed Sheikha and Mohamed Abdulaziz have joined Endeavor Egypt’s network of high-impact entrepreneurs.

Brimore is end-to-end social commerce and parallel distribution platform that connects Egypt’s local suppliers and indigenous brands with the community’s unpaid labor force at home, offering a comprehensive choice of high-quality items across multiple categories at cheap costs utilizing direct selling as an alternative trade channel. Brimore intends to serve both producers and sellers by offering logistics, marketing, and microfinancing services.

At Endeavor’s Fifteenth virtual International Selection Panel (vISP), conducted from May 17-19, 2021, Ahmed and Mohamed were among thirteen entrepreneurs managing seven enterprises.

Panelists from Endeavor’s broad network of board members, mentors, and supporters, including Egypt’s own Mohamed Azab, used Zoom breakout rooms to interview a select group of high-caliber entrepreneur candidates about their businesses and evaluate them on their high-impact development potential at the vISP.

After the interviews, the panelists discussed which candidates should be chosen for the next class of Endeavor Entrepreneurs.

Endeavor is to identify the world’s most influential entrepreneurs and assist them in thinking larger, making better decisions, and multiplying their impact.
Endeavor gives its Entrepreneurs access to a network of resources through a well-crafted set of services.

Endeavor Entrepreneurs have a proven track record of creating over 3.9 million jobs, producing over $28 billion in sales, and establishing long-term development models in their native nations.

Endeavor today works with 2,175 entrepreneurs running 1,356 businesses in roughly 40 emerging markets worldwide.

Endeavor now sponsors 57 entrepreneurs in Egypt who are running 36 firms, including high-impact firms like Vezeeta, Zooba, TBS, SWVL, MaxAB, SolarizEgypt, Imtenan, Al-Sagheer, Inertia, and Halan.
Since their selection, Endeavor Egypt Entrepreneurs have earned EGP 5.4 billion in sales and created over 11,300 employment.

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A Plexus Executive Has Been Appointed To The World Federation Of Direct Selling Associations’ Ethics Committee.

Plexus Worldwide’s Senior Director of Corporate Affairs Kim Drabik’s latest nomination to the World Federation of Direct Selling Associations’ Ethics Committee will help shape consumer protection guidelines for the direct selling sector (WFDSA).

Plexus Worldwide’s Founder and CEO, Tarl Robinson, said, “Kim served as Chairman of the WFDSA Advocacy Committee from 2014 to 2020, and Plexus is delighted to share a proven industry leader renowned for devising strategies and making an impact on behalf of direct selling internationally, including external stakeholder engagement, educational events, and research.”

Drabik joins the committee with more than three decades of expertise in the sector and will serve until October 2023. Drabik is a member of the WFDSA Governance and Finance Committee at the moment.

“In the digital era, direct selling continues to adapt and prosper, allowing people to work and earn on their own terms while being linked to a strong community,” Drabik added.
“At Plexus, we believe it is our job to contribute to the development of global consumer protection standards. It’s a privilege to work with Joao-Paulo Ferriera, CEO of Natura and Chairman of the WFDSA Ethics Committee, whose forward-thinking plan will strengthen the direct selling industry by enabling the next generation of entrepreneurs.

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Mannatech Announces A Dividend For The First Quarter

Mannatech, Incorporated’s Board of Directors has announced a cash dividend of $0.16 per share of common stock, payable on Monday, June 14, 2021 to shareholders of record on June 2, 2021.
This dividend, according to the Board, “demonstrates Mannatech’s commitment to rewarding shareholders and promoting long-term investment in its common stock.” Alfredo “Al” Bala, President and CEO of Mannatech, stated, “Mannatech is committed to providing value to our stockholders.”