Saudi-Egyptian venture capital firm EDAFA has unveiled plans to deploy $10 million into Egyptian startups in 2026, marking a significant escalation in its exposure to one of the Middle East and North Africa’s most competitive startup ecosystems. The announcement, delivered at GITEX Egypt, follows an intensive 18-month investment cycle during which EDAFA committed approximately $8 million across more than 20 Egyptian startups. With a population exceeding 100 million and a fast-digitising consumer base, Egypt offers scale few regional markets can rival. A Venture Model Beyond CapitalUnlike conventional venture funds that operate as passive equity financiers, EDAFA positions itself as an operational co-architect. A Regional Power PlayEDAFA’s expanded $10 million target for 2026 cements its status as a rising force within the MENA venture capital landscape.

Source: The North Africa Journal March 03, 2026 17:03 UTC