Egypt's Digital Economy and Tech Sector: The $18.4B Market VCs Can't Ignore
Egypt just became the Arab world’s largest digital economy, hitting $18.4 billion in 2024 while Silicon Valley was cutting checks. The numbers tell a different story than the headlines: 12% annual growth, $191 million in startup funding, and 425,000 tech professionals in a market most investors still call “emerging.”
Here’s what the smart money already knows: Egypt isn’t emerging anymore. It’s arrived.
Egypt just became the Arab world’s largest digital economy, hitting $18.4 billion in 2024 while Silicon Valley was cutting checks. The numbers tell a different story than the headlines: 12% annual growth, $191 million in startup funding, and 425,000 tech professionals in a market most investors still call “emerging.”
Here’s what the smart money already knows: Egypt isn’t emerging anymore. It’s arrived.