Under a newly signed memorandum of understanding (MoU), the United States Agency for International Development (USAID) and the Egyptian Private Equity and Venture Capital Association (EPEAVC) will collaborate to develop a strategic plan aimed at improving Egypt’s investment ecosystem. This partnership focuses on enhancing the effectiveness of direct investment and venture capital in the country.
The MoU was signed by Ayman Soliman, President of EPEAVC, and Sean Jones, Director of the USAID Mission in Egypt, during a ceremony at the General Authority for Investment and Free Zones. The event was attended by Hassan El Khatib, Egypt’s Minister of Investment and Foreign Trade.
As part of this agreement, USAID’s Egypt Business project, in partnership with EPEAVC, will work on crafting a new strategic plan to support the growth of Egypt’s investment landscape. The initiative will include strengthening staff expertise in venture capital and angel investing, as well as identifying and adopting global best practices within the industry.
Discover the State of Funding in MENA – 2019 to 2023 :
https://assiyaq.com/the-state-of-startup-funding-in-mena-2024-report/ of this month is taking you through the ups and downs of MENA’s startup funding over the last 5 years. If you’re a startup founder, an investor or an ecosystem builder, this is your chance to learn from the past, spot the trends, and write your own success story.
Don’t miss out on knowing the history that could shape our future!
