Emerging companies source: progress through investments

Witnessed the tenth edition of ArabNet Beirut launch of the fourth edition of the report “the reality of the investments the digital in the Middle East and North Africa between 2013-2018”, which was prepared by ArabNet in partnership with the Mohammed bin Rashid Establishment for SME development. The report provides a comprehensive analysis of the duties of investors and investments in technology in the region during the period from 2013 to 2018.

After reviewing the reality of the investments the digital in Egypt, this session will see an uptick in investments in startups in the last few years and this is due to Egypt’s Vision 2030 and its objectives. The Ministry of investment and international cooperation designed to set clear targets for the year 2030 in order to achieve the economic growth target by promoting private investment in small and medium sized businesses.

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Embraces Egypt 128 startup effective but also registered the largest number of startups available for work which has 34 companies moved into the valley of death during the period of 2013 and 2018, when reviewing the proportion of women institutions for those companies emerging in each market, we find that 12 percent of the founders in Egypt are women, while the rest of the co-founders A are men.

With 12 percent of investors in the region, and still Egypt is fairly stable in terms of the proportion of the investor community over the years. Although recorded at only 7 percent of the total companies investing in the region, Egypt has witnessed a steady growth over the years.

Having taken note of on the outside of the number of deals and investment across the region, we note that Egypt ranked third in terms of number of deals Investment year 2017 (51 deals), year 2018 (40 deals), with a total of 214 deal of investment during the period between 2013 and 2018.

While the number of deals decreased from 2017 to 2018, and increased the value of those deals is significantly from $ 16 million in 2017 to $ 66 million in 2018, despite a decrease by 22 percent in the number of transactions, Egypt scored the highest improvement in the ranking in terms of value of investments in it. This improvement is due mainly to store large are the investment “will deal” (Swvl) $ 30 million investment of “phaser two”(Vezeeta) worth $ 12 million.

Several of Egypt’s Vision 2030, it may help initiatives such as the draft investment bank which is worth up to $ 200 million, which aims to support institutions small and medium-sized businesses – investments other large companies emerging interest in the dissemination and promotion of the sector in this state.

For more information about the pulse of the corporate sector arising in the region, be sure to read the attached report from here.

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