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<\/a><\/p>\nThe <\/b>Egyptian Startup Ecosystem Report 2021<\/i><\/b><\/a> from <\/b>Disrupt Africa<\/b><\/a> dives into the local ecosystem by analysing active startups, local support networks, and funding and exit activity over the last seven years.<\/b><\/p>\n Since launching its research arm in 2016, <\/span>Disrupt Africa<\/span><\/a> has built up a significant portfolio of publications, most notably the <\/span>African Tech Startups Funding Report<\/span><\/i><\/a> and <\/span>Finnovating for Africa<\/span><\/i><\/a>, previously available for sale but now made available free for all via open-sourcing initiatives with various partners across the continent\u2019s tech ecosystem.<\/span><\/p>\n The <\/span>Egyptian Startup Ecosystem Report 2021<\/span><\/i><\/a> is the first geographically-focused publication released by the company, made possible by support from key partners the Information Technology Industry Development Agency (<\/span>ITIDA<\/span><\/a>) and <\/span>Global Ventures<\/span><\/a>. Other supporters of the report are AUC Venture Lab (<\/span>V-Lab<\/span><\/a>) and <\/span>Quona Capital<\/span><\/a>.<\/span><\/p>\n The publication finds that at least 562 tech startups were in operation across Egypt as of September 2021, making it the fourth largest startup ecosystem on the continent, behind only South Africa, Nigeria and Kenya. These startups employ almost 13,000 people between them.<\/span><\/p>\n E-commerce is the most populated sector, with one-fifth of the country\u2019s tech startups active in that vertical. Indeed, there are almost twice as many e-commerce and retail-tech startups as there are fintech ones, which came in second. Startups are active across a diverse array of spaces, with e-health, ed-tech, logistics, recruitment and AI\/IoT also especially busy.<\/span><\/p>\n Almost 40 per cent of Egyptian tech startups have undergone some form of acceleration or incubation, an impressive statistic and one that speaks favourably to a local support ecosystem that also incorporates government, corporates and universities.<\/span><\/p>\n Increasingly, these startups are also supported by a strong investment ecosystem. At least 318 Egyptian startups have raised almost US$800 million since 2015, according to the report, and capital inflow into the ecosystem has been growing year-on-year. The US$156,248,000 raised in 2020 represents a 1,716 per cent increase on the US$8.6 million banked in 2015, and 2021 looks set to shatter all records. So far, more than 80 Egyptian startups have secured more than US$400 million between them this year.<\/span><\/p>\n The publication includes:<\/span><\/p>\n You can download your free copy <\/span>here<\/span><\/a>.<\/span><\/p>\n For further information or for further purchase options, please email Tom at <\/span><\/i>tom@disrupt-africa.com<\/span><\/i><\/a>, or Gabriella at <\/span><\/i>gabriella@disrupt-africa.com<\/span><\/i><\/a>.<\/span><\/i><\/p>\n The <\/span><\/i>Egyptian Startup Ecosystem Report 2021<\/span><\/i><\/a> is the latest publication released by Disrupt Africa\u2019s research and analysis arm, which aside from the flagship annual<\/span><\/i> African Tech Startups Funding Report<\/span><\/i><\/a> also releases deep-dives into a variety of sectors and geographies of the continent\u2019s tech startup ecosystem. Details on all other publications can be found <\/span><\/i>here<\/span><\/i><\/a>.<\/span><\/i><\/p>\n\n