ECO - CAIRO : Egyptian startups and their entrepreneurs are not dreamers anymore, these local companies have more than a dream, they have a promise to solve local problems that they understand better than anyone else does. “I personally believe in the startup scene in Egypt and I think entrepreneurial youthwill be able to solve the country’s biggest problems.” Said Careem’s Managing Director, Wael El Fakhrany...
“Joining forces with A15 through this strategic
partnership to support tech startups makes perfect sense as A15 is the most active investor in the tech space in Egypt and its team adds more value than merely funding startups, they offer education and strategic support to increase the success rates of startups,” added El Fakhrany. “ We see A15 as the right partner, after all we share very similar values and it became clear to us when we witnessed their investments in shared economy startups; Careem itself is a shared economy startup and a company that plans to empower 1 Million Egyptians in the next 3 years”
The strategic partnership between A15 and Careem to support local tech startups; was
launched during RiseUp summit.