The country has one of the fastest-growing startup scenes in the MENA region and is becoming a global competitor.
There are multiple factors for why Egypt is worth keeping an eye on.
It has a youthful population with around 50% below the age of 30.
The Next Web recently hostedHangout with VCs Egypt, a boutique event that brings together investors and ready-to-fund startups.
The Hangout, which was held on April 8, matched up 25 up-and-coming Egyptian startups with investors.
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Why Egypt?
These include fintech, e-commerce, B2B commerce, and other tech service solutions.
Egypt is a great place to validate and scale.
After a short break, certain startups were permitted into follow-up meetings with the investors.
I am very positive it will lead to a potential first investment and more activity in the region.
International investors risk missing out on exponential growth and must take note of the ecosystem before its too late.
Story byRachel Kaser
Rachel is a writer and former game critic from Central Texas.
She enjoys gaming, writing mystery stories, streaming on Twitch, and horseback riding.
Check her Twitter for curmudgeonly criticisms.
