Monday, 25 July 2022
In the last few years, Egypt’s startup ecosystem has become one of the most vibrant on the continent, presenting rapid growth potential for the near future. According to a recent report by Startup Genome, Cairo, the country’s bustling capital, marked an overall increase of 60% in VC funding rounds over the past five years, and in 2021, saw a 156% increase in total VC funding rounds compared to 2020. Walking on the streets of Cairo, it’s now common to see colorful billboards bearing the distinct logo of Fawry, an e-payments platform which has gained funding big enough to attain unicorn…
This story continues at The Next Web
