Pre-seed startups raised funds MENA 2020
In 2020, equal shares of pre-seed startups of about 27 percent each in the Middle East and Africa region raised five to ten thousand U.S. dollars, and 20 to 50 thousand U.S. dollars. Most startups in the Middle East and Africa region were based in the United Arab Emirates (UAE) and Egypt as they have established growing entrepreneurship ecosystems.