How Egyptian Unicorns Are Instrumental to the Country's Economic Growth

April 13, 2024

How Egyptian Unicorns Are Instrumental to the Country's Economic Growth

Egypt's economy is pivoting from traditional sectors like agriculture and tourism to technology and digital businesses. This transition, crucial for meeting the employment preferences of the country's youth, is fostering opportunities in tech, particularly in fintech and financial inclusion. As of Q2 2024, Egypt has emerged as a leading hub for unicorns in Africa, second only to Nigeria, with companies like Fawry, MNT-Halan, and Swvl at the forefront. These three unicorns are crucial in driving economic growth and digital transformation, aligning with Egypt's strategic goals for 2030. Dive deeper into this transformation in our detailed video

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