This represents a 130% increase over the same period in 2024

 Staff Writer, Arab FinanceJune 2, 2025RELATED TOPICS<a>SME</a><a>EGYPT</a><a>NORTH AFRICA</a><a>TECHNOLOGY</a><a>ECONOMY</a><blockquote>PHOTOThe Nile and buildings including the Nile City Towers on September 24, 2017 in Cairo, Egypt. (Photo by David Degner/Getty Images)</blockquote>Arab Finance: Egypt’s startup ecosystem has seen significant growth in attracting venture capital and debt financing, with investments reaching $228 million from January to May 2025, according to the Ministerial Group for Entrepreneurship.This represents a 130% increase over the same period in 2024.The group reported 16 deals executed during the first five months of the year, 11 of which involved investments totaling $156 million.Additionally, two startups, Nawy and MNT-Halan, secured substantial debt financing, receiving $23 million and $49 million, respectively.In addition to funding, Egypt’s startup sector has seen notable exit and acquisition activity, including Dubizzle’s acquisition of the online car trading platform Hatla2ee and MaxAB-Wasoko's acquisition of Fatora.The proptech sector led in terms of investment volume, contributing to 33% of total funding, while the fintech sector dominated in deal volume with five transactions, accounting for 32% of the total investment.

Egyptian startups secure $228mln in funding in 5 months

Egypt's startup ecosystem attracted $228 million in venture capital and debt financing from January to May 2025, a 130% increase compared to the same period in 2024. The Ministerial Group for Entrepreneurship reported 16 deals, including 11 investments totaling $156 million, while two startups secured $23 million and $49 million in debt financing. Acquisitions like Dubizzle’s purchase of Hatla2ee and MaxAB-Wasoko’s acquisition of Fatora also highlighted activity in the proptech and fintech sectors.