VCs: Here’s what you need to know about Egypt’s startup scene - The Fact Factory

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Tuesday, 27 April 2021

VCs: Here’s what you need to know about Egypt’s startup scene


Egypt is fast becoming one of the most promising arenas for innovative startups — with a growing community of young, tech-minded entrepreneurs, international investors are sitting up and taking notice. The country has one of the fastest-growing startup scenes in the MENA region and is becoming a global competitor. According to a report from Startup Genome, Egypt is in the top ten global ecosystems with affordable talentand has a total ecosystem value of $1.2 billion. There are multiple factors for why Egypt is worth keeping an eye on. It has a youthful population with around 50% below the age of…

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