By Lucidity Insights Research Team • November 04, 2023
Here's Why Egypt is Ripe to Become the Next Big Tech Hub
In a world where technology and innovation reign supreme, Egypt is emerging as a promising contender on the global tech stage.
Startup cultures are like seeds that require nurturing, and Egypt is laying the groundwork for something truly remarkable.
To foster a thriving tech ecosystem, you need the essentials: high-speed internet, robust connectivity, smartphone adoption, and e-commerce growth.
Egypt may be at the early stages of these adoption rates, but the potential is undeniable.
Delve into the factors with this video!
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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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