Orange Egypt supports African startups with investment
Techpoint Africa | Victoria Fakiya - Nov 18, 2024
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  • Orange Egypt invests $52.7 million in African startups.
  • Over 40 startups have received funding from Orange Egypt.
  • Egypt ranks as the third most funded country in the MENA region.
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The investment by Orange Egypt is a promising development for the African tech landscape, indicating a growing recognition of the potential within the continent's startup ecosystem. This move not only supports local entrepreneurs but also positions Egypt as a competitive player in the global tech arena. The leadership changes at MTN Nigeria suggest a strategic shift that could enhance the company's innovation and market presence.
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