Ahmed Mohamed

Operation Manager- Africa Region

17,Tiba St. Mohandessin

12311 Giza

Egypt

Telephone: +201004610256

Egypt leads African startup landscape with $329M raised in 2024

Egyptian startups raised $329 million through 78 funding rounds, reflecting a 21 percent year-over-year decline.

Egypt has become the second country on the continent, after Nigeria, with the highest number of applicants for this award.

What unites these people from different backgrounds is their desire for a secure job in a populous country facing some economic challenges.

The ITIDA Gigs initiative, aims at equipping 20,000 young Egyptians with essential freelancing skills.

African countries increase their ownership of satellites due to their crucial role in monitoring climate developments.

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CABLEXX 24.02.2025

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