According to the decree, the group's primary mission is to enhance the capacity of startups and the overall entrepreneurial environment to achieve sustainable and accelerated economic growth
“This merger proves that massive, world-class tech companies can be built in Africa for Africa,” says Belal El-Megharbel, Co-CEO at Wasoko and MaxAB.
Out of 14 categories in the Northern African portion of the competition, Egyptian startups and influential figures won 11, the highest number of winners by country followed by Morocco (2) and Tunisa (1)
With a 10/10 score in funding and an 8 in talent and experience, Egypt’s capital city demonstrated its capacity to attract investment and nurture a skilled workforce essential for startup success.
According to the sources, the Ministry of Transport has begun discussions with a “major investment company” through its Arab Union Super Jet Company
