Egypt Has One of the Largest Populations Across the Middle East & Africa
Egypt, considered part of the MENA region, though on the African continent, is the only country with a population of over 100 million in MENA, making it the largest country in the Arab world by population.
Situated in the North-Eastern corner of the African continent, the country has the third largest population across Africa, and is the 15th most populous country in the world.
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.