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Agritech

Egypt's President Directs Efforts to Boost Agricultural Production and Food Security

President Sisi convened with top advisors today to review Egypt's agricultural expansion initiatives.

Egyptian startup and VC companies are leaders in funding within MEAPT region | MAGNiTT

Africa accounted for 51% of total MEAPT funding, and 26% of the region’s deals, however, funding and deals fell by 54% and 50% year-on-year respectively, the report wrote

MENAPT raises $150M VC funds in October 2021 | MAGNiTT

Investments in the MENAPT region have nearly reached $2 billion this year, with almost $150 million raised in October alone

Egypt represented by local startups and companies at Web Summit 2021

Egypt’s heavy participation at the international tech event aims to enforce Egypt's position on the global map of innovation and entrepreneurship

VC Algebra Ventures launches $90M fund to invest in Egyptian and MENA startups

Algebra stated that the $90 million fund is aiming for a first close in Q3 2021, however has not disclosed when it will begin drawing on the fund