RIYADH: Startups in the Middle East and North Africa raised $1.7 billion across 242 funding rounds in the first half of 2026, as investors continued to deploy capital despite heightened geopolitical uncertainty, according to Wamda’s H1 2026 report.
Exits MENA has signed an agreement with the existing local management of Avanz Capital Egypt (ACE) to acquire the Egyptian private equity and asset management firm, strengthening its push to build a broader investment platform across Egypt and the Middle East and North Africa.
Customs lines, inconsistent addresses, and parcels that change hands are the hidden fees in regional e-commerce, and a new cluster of MENA startups is emerging to take advantage of them.
