startups

MCIT: Egypt targets upping foreign investments of startups to $850M by end of 2022

Tue, 26 Jul 2022 - 04:24 GMT

Talat's remarks were made at a meeting of the Lebanese-Egyptian Business Association (LEBA).

ITIDA opens door to registration for Start IT incubation program

Sun, 17 Apr 2022 - 02:44 GMT

The program is aimed at providing financial support and consulting services for young entrepreneurs and innovators, as well as start-ups that have initial business models, according to a statement released by ITIDA on Sunday.

Mashat: Egypt one of important markets for startups

Tue, 12 Apr 2022 - 01:23 GMT

The minister said her ministry's portfolio includes 36 projects in the field of digitalization and entrepreneurship, with a development funding of $1 billion.

Egyptian Gazette publishes FRA decision regarding investment of venture capital in start-ups

Wed, 06 Apr 2022 - 01:18 GMT

The first article of the decision, which was published in the Egyptian Gazette in its issue No. 81 of 2022, on Wednesday, stipulates that a new article No. 9 shall be added to the rules and procedures for dealing on securities not listed in the Egyptian Stock Exchange.

Egypt's startups raise $491m across 147 transactions hitting all-time-high volume of foreign investors

Mon, 28 Mar 2022 - 01:22 GMT

Egypt ranked first by the number of deals in Africa during 2021 and came in 3rd place in total funding where the local startups gripped 18% of total capital deployed across the whole continent.

WYF 2022 releases platforms it will offer in January with a focus on tech, art, entrepreneurship

Mon, 13 Dec 2021 - 11:16 GMT

The World Youth Forum 2022 has released the platforms it will organize in its fourth edition in January, where young people from various cultures are expected to share ideas.

Second cohort of ‘Google for Startups Accelerator: MENA’ welcomes 12 startups

Wed, 14 Jul 2021 - 03:47 GMT

The startups were selected based on criteria like the problem they are trying to solve and how it creates value for users, in addition to their willingness to use Machine Learning technology to solve business challenges and successfully scale in the long run.

‘Google for Startups Accelerator’ in its 2nd edition calls MENA tech startups to apply

Wed, 05 May 2021 - 02:51 GMT

The first cohort included ten tech startups that have successfully graduated from the program.

Huawei launches a new program to support mobile app startups in the Middle East and Africa region

Wed, 21 Apr 2021 - 11:46 GMT

Huawei’s Eco-development department has launched the first edition of its program to support Startups in the Middle East and Africa region.

Algebra Ventures launches $90M fund to invest in startups in Egypt

Wed, 07 Apr 2021 - 01:19 GMT

Algebra Ventures will aim to complete the first closure in the third quarter of 2021.

US-based VC Openner to launch accelerator, invest in 50 Egyptian startups

Tue, 15 Sep 2020 - 03:16 GMT

It clarified in a press release that this step aims to identify brilliant founders with brilliant ideas to expand and scale them locally, regionally and globally through their local accelerator.

Nigerian financial analyst: WYF shows Egypt is good listener to youths

Thu, 12 Dec 2019 - 09:47 GMT

This year, Akeyewaleis is preparing to participate in the third edition of the forum set to kick off on Dec.14 in Sharm el-Sheikh.

2 Egyptian startups won $215K in Africa Netpreneur Prize Initiative

Mon, 18 Nov 2019 - 03:36 GMT

The Egyptian Startup Nawah Scientific won second place, rewarding $150,000 cash prize. Omar Sakr, founder and CEO of Nawah-Scientific pocketed the cash reward.

Startups Without Borders holds 1st summit in Cairo

Thu, 31 Oct 2019 - 10:54 GMT

Hosting three main tracks, Tech to Scale, Female Leadership, and Creative Economies, the summit will bring international actors in the startup scene to the heart of Cairo.

How does Egypt support entrepreneurship?

Wed, 28 Aug 2019 - 03:57 GMT

Egypt’s flourishing entrepreneurship scene has been receiving support from governmental entities and private institutions which aid entrepreneurs to reach their maximum potential by offering fund opportunities and mentorship.

Seven Local Startups to Represent Egypt in GES 2019

Mon, 20 May 2019 - 12:05 GMT

A total of seven Egyptian startups have been selected to represent the country in the 2019 Global Entrepreneurship Summit (GES) in The Hague, Netherlands, June 3-5.

RiseUp concludes, entrepreneurs get more corporate attention

Sun, 03 Dec 2017 - 05:00 GMT

In a trend this year, corporations have announced several investment funds and programs for entrepreneurs.

AfriLabs annual gathering kicks off in Cairo

Wed, 18 Oct 2017 - 04:37 GMT

The gathering focuses on trending tech hub practices, local innovators and innovative solutions to relevant African issues.

10K entrepreneurs finished Ministry of Industry’s training

Tue, 01 Aug 2017 - 10:57 GMT

The initiative was launched in 2014 in cooperation with the International Labor Organization to train and mentor entrepreneurs.

Ten petroleum, transport firms to be offered on EGX in 3 yrs

Sun, 16 Jul 2017 - 07:31 GMT

Ten petroleum and transport companies are planned to be offered for trade on the Egyptian Exchange (EGX) in the next three years.

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