May 20, 2024
Top 10 Most Active Investors in Egypt's Thriving Startup Ecosystem
Egypt's startup scene is among the top three in the MENA region. It is known for its strong entrepreneurial culture, and supportive environment, backed by various stakeholders, such as the government, international agencies, incubators, and of course, venture capital firms. There are over 160 VC firms and investors, both local and international, that support Egyptian startups. These players have been involved in over 800 deals in the past five years, totaling more than $2 billion.
In this video, we will introduce you to the top ten most active investors of the Egyptian startup ecosystem.
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
Egypt’s currency crisis is impacting its thriving tech startup scene. Watch this video to explore the effects on Egypt's Startup Ecosystem.
Egypt shifts from traditional sectors to tech. Discover how three unicorns drive growth and innovation by 2030 in our video.
Is the perception of the Middle East as a more favorable market for Egyptian entrepreneurs still valid? Watch this video to find out.
