By Lucidity Insights Research Team • January 30, 2025
Meet Egypt's Pioneering Accelerator & Incubator Ecosystem
Apart from its ancient history, Egypt is known for its thriving entrepreneurial spirit. The journey began in 1995 with the establishment of the country's first business incubators. Over the past two decades, Egypt has become a regional powerhouse in startup development and investment, thanks to a surge in incubators and accelerators. Key programs include EBNI Incubator, StartupBootCamp Fintech Cairo, Flat6Labs, AUC Venture Lab, and Entlaq Accelerator. These programs support startups with mentorship, funding, and networking, contributing significantly to Egypt's economy. Learn more about the impact of these programs on the startup ecosystem in Egypt. Watch the video and read more at Lucidity Insights.
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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.
Other Videos
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Egypt's startup ecosystem ranks 3rd in MENA, driven by young talent, fintech innovation, and Vision 2030, despite current economic challenges.
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Discover the top investors fueling Egypt's vibrant startup scene. With over 160 VC firms and $2 billion in deals, explore the key players driving entrepreneurial success in Egypt.
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Egypt’s currency crisis is impacting its thriving tech startup scene. Watch this video to explore the effects on Egypt's Startup Ecosystem.
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Egypt shifts from traditional sectors to tech. Discover how three unicorns drive growth and innovation by 2030 in our video.
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Join us in this video to witness the rise of E-Commerce, Egypt's largest and most funded sector, followed by Fintech, which made history with Fawry achieving unicorn status.
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Discover the catalyst behind Egypt's remarkable startup funding growth, which has increased 22-fold in just five years, and explore Egypt's current startup ecosystem.
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Join our journey through their success stories and challenges, propelling Egypt into the tech spotlight with the top 5 startup employers, including SWVL, Nagwa, Vezeeta, Khazna, and Bosta.
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Egypt is poised to become a thriving tech hub with the right ingredients: high-speed internet, connectivity, smartphone usage, e-commerce growth, and a supportive government.
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Discover how strategic reforms and a surge in foreign direct investment have positioned Egypt at the forefront of innovation and economic growth.
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Is the perception of the Middle East as a more favorable market for Egyptian entrepreneurs still valid? Watch this video to find out.
