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Egypt: The Gift of the Nile
Nestled at the crossroads of Africa and the Middle East, Egypt, a country in North Africa stands as a nation draped in the mystique of ancient wonders, infused with the allure of a vibrant cultural kaleidoscope.
Considered a cradle of civilization, Egypt’s Cairo remains one of the world’s oldest human settlements, and many historians credit ancient Egypt as the birthplace of some of the earliest forms of writing, agriculture, urbanization, organized religion and centralized government structures.
The country has come a long way from ancient times to modern times, and is currently experiencing a profound economic transformation, propelling it towards a future defined not only by its illustrious past but by the dynamic aspirations of its people.
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Investing in Egypt’s Startup Ecosystem
Micro, Small and Medium Enterprises contribute over 40% to Egypt’s economy, and account for over 75% of the country’s total employment. Entrepreneurship is critical to Egypt’s future. Today, Egypt consistently ranks as a top 3 tech startup ecosystem in both the MENA and Africa regions, based on funds raised by local startups. In this special report, we speak to the most active investors in Egypt and cover some of the country’s most successful startups to give you an inside scoop on how they are navigating the current VC winter, inflationary pressures and currency devaluation woes.
