Egypt's Startup Potential Is Hurdled by Currency Devaluation
albawaba -

This was the general consensus at the Cairo edition of Wamda’s flagship Mix N' Mentor event on the 27th of September, where leading figures from the startup ecosystem met at The GrEEK Campus to discuss these challenges.

Participants included Ahmed Alfi from Sawari Ventures, Khaled Ismail from Kiangel, Moustafa Khater from Flat6Labs, Mohamed Bahaa, Managing Partner at NGage Consulting, Habiba Helmy, MINT Hub Director at EG Bank,Tarek Assaad, Managing Partner at Algebra Ventures, and Amr Saleh, co-founder and chief executive officer at Elkrem.

"The currency devaluation has had an effect on the startup scene - there is a funding gap that must be addressed, as well as an issue with recruiting or retaining experienced talent." (Shutterstock)
Copyright © 2018 Arab Finance Brokerage Company All rights reserved.

read more



read more