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Egypt’s Remarkable Drop in Unemployment

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By Lucidity Insights Research Team • October 31, 2023

Egypt’s Remarkable Drop in Unemployment

A drop in unemployment can be attributed to the aggressive reforms implemented by the government, which have encouraged local production and aim to create jobs among youth and women in particular.

Explore the fascinating details behind these transformative changes in this video!

Egypt's Burgeoning Start-Up Ecosystem

A look at the movers and shakers inside Egypt’s start-up ecosystem that attracted US $491 million in VC funding in 2021, and is expected to break the US $1 billion funding ceiling in 2022. By clicking through, you will uncover the factors contributing to its success and the future prospects that await, making it an essential read for anyone interested in the intersection of innovation and investment in one of the most promising regions of the world.

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Who is Egypt’s First Unicorn?

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Egypt's E-Commerce Boom: What's Driving It?

Dive into the heart of Egypt's tech landscape as E-Commerce emerges as the country's largest and most influential sector, attracting substantial funding.

What are the top sectors in Egyptian Startups?

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.

Egypt’s Startup Funding Grew 22X in Just 5 Years

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.

Who Are Egypt's Top 5 Startup Employers?

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.

Here's Why Egypt is Ripe to Become the Next Big Tech Hub

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.

Is Egypt MENA's Next Big Startup Hub?

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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