MENA Startups Raise $289M in May as Egypt Leads Recovery - Fintechnews Middle East
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MENA Startups Raise $289M in May as Egypt Leads Recovery - Fintechnews Middle East
The startup ecosystem in MENA experienced renewed momentum in May 2025, securing a total of US$289 million across 44 deals. This reflects a 25% increase compared to April and a modest 2% rise year-on-year. Debt financing accounted for only 9% of the total investment, with the bulk of capital directed towards equity deals. Egypt regained its position as the region’s leading recipient of funding, largely thanks to Nawy’s notable US$75 million roun…
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