By Lucidity Insights Research Team • November 08, 2023
Egypt’s Startup Funding Grew 22X in Just 5 Years
Startup cultures are like seeds that require nurturing, and Egypt is laying the groundwork for something truly remarkable.
Just five years ago, Egypt's startup funding landscape was on the cusp of a revolution.
Four tech startups have been the main contributors to this growth, with MNT-Halan attracting the largest amount from global investors which demonstrates confidence in the Egyptian fintech ecosystem.
Now, we're thrilled to present a video that delves deep into the astounding growth of Egypt's startup ecosystem.
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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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