Egypt’s Acasia Group Is Acquired by Sultan Ventures
- Sultan Ventures acquires Acasia Group.
- Acasia Group was originally established in 2011 as Cairo Angels.
- The acquisition expands Sultan Ventures' presence in the MEA region.
The acquisition of Acasia Group by Sultan Ventures is a strategic move that could significantly bolster the startup ecosystem in the Middle East and Africa. This partnership may lead to increased investment opportunities and support for entrepreneurs in the region, fostering innovation and growth. However, it will be important to monitor how this integration affects the existing operations and focus of Acasia Group.
