23.7% Cairo population growth in last 10 years
92.7% Mobile penetration rate
119 Deals in 2020
Cairo, the capital city home to Egypt’s rich and illustrious history, is the largest metropolitan area in the MENA region. The city attracted the second largest number of deals in the region last year, snatching up $125 million –– marking a 31% increase from 2019 in funds invested. The bustling city is abuzz with investor interest following the success of unicorn Fawry and disruptors like SWVL. Boasting a 92.7% country mobile penetration rate, Cairo is ready to usher in a new wave of innovation.