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Number of Investors in Egypt
While the most active investors are local, the investor landscape has always been dominated by presence of more international investors, year on year since 2015.
It is interesting to note that in the past 6 years, international firms (beyond the region) have financed more Egyptian startups than regional VC firms.
The nature of business is different between incubators and accelerators vs. venture capital firms, as incubators and accelerators will invariably have a large number of portfolio companies while venture capital funds tend to participate in seed stage and growth stage funding.
Related Report
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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.
