A New Business Angel Network Set To Be Launched In Egypt
Egypt is set to host an international investment and entrepreneurship event code named Techne Summit 2019 which will see the launch of the Mediterranean Business Angels Network, the event’s organisers, Egyptian marketing agency Markade have revealed.
Here Is All You Need To Know
- The Mediterranean Business Angels Network (Med Angels) launch — will be held on 30 September at Bibliotheca Alexandrina.
- The agency said the angels network aims to bring together a large number of business angel networks, groups, funds as well as individual angel investors from across the region.
- The angels network aim to co-ordinate with relevant funds from the EU, Africa and Middle East and North Africa regions, while helping other angel networks in the region to add more members and close more deals. The network also aims to launch an accelerator programme.
Techne Summit will be held in Alexandria, Egypt between 28 September and 30 September
- Confirmed speakers include Egypt’s ICT Minister Amr Talaat, AUC Venture Lab director Ayman Ismail, Hivos impact investment portfolio manager Keith Wallace, Sawari Ventures chairman Ahmed Alfi and Algebra Ventures managing partner Ziad Mokhtar.
- The Techne Summit was first held in Alexandria, Egypt in 2015. Last year, it attracted about 130 speakers, over 6000 attendees, 230 startups and 80 investors from more than 25 countries.
- This year’s edition will be held at Bibliotheca Alexandrina in Alexandria from 28 September to 30 September.
Read also: Here Are Reasons Egypt’s Startup Ecosystem Is Booming
Egypt has over the past few years scaled up its entrepreneurial activity, becoming the fastest-growing startup ecosystem in the Middle East and North Africa (Mena) region according to a report by Magnitt.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based Lawyer with special focus on Business Law, Intellectual Property Rights, Entertainment and Technology Law. He is also an award-winning writer. Working for notable organizations so far has exposed him to some of industry best practices in business, finance strategies, law, dispute resolution, and data analytics both in Nigeria and across the world