People at the Core
With a burgeoning young population, it’s not just emerging technologies that are paving the way for digital transformation, but also a thriving entrepreneurial ecosystem. Currently, Egypt has the highest number of startups deals in the MENA region with total funding in Egypt worth $95 million.
To move in the right direction forward, fostering partnerships with development partners, private sector and civil society organizations as well as mobilizing the vibrant national and international startup and innovation ecosystem are key steps that the Government of Egypt is currently undertaking.
To ensure streamlined and efficient implementation of efforts, the Ministry of International Cooperation is working on connecting all stakeholders on the opportunities that lie ahead for digitization and entrepreneurship. Planning for the new world of work, the Ministry is bringing together development partners to promote technology transfer knowledge which will in return enhance and build the tech-capacity of the people.
Digital entrepreneurship is of high topicality as technological developments and advances in infrastructure create various opportunities for entrepreneurs. Egypt is increasingly becoming the region’s entrepreneurial hub for its majority of young population, who are agile, adaptive, talented and innovative.