According to the Climate Policy Initiative, just 3% of global climate finance flowed to Africa in 2023, and less than 0.5% of that targeted early-stage tech ventures.
An analysis of H1 2025 funding data reveals that telecom giant Vodafone and a cadre of global tech companies are the primary training grounds for Egypt's venture-backed founders.
According to the Climate Policy Initiative, just 3% of global climate finance flowed to Africa in 2023, and less than 0.5% of that targeted early-stage tech ventures.
Dr. Islam Azzam, a former managing director of a national fund targeting startups, takes the helm of the Egyptian Exchange amid a flurry of pro-tech market reforms.