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PLANET STARTUP

Egypt startup funding went dark in March — but one VC says capital is still moving

Although Egypt remains investable, startups with export potential or with USD-denominated earnings are at an advantage Funding for Egyptian startups came to an abrupt wartime halt in March, with only Egyptian-founded, US-based Hamilton Labs clocking in an undisclosed investment, according to data from Launch Africa Base. The sharp slowdown follows a strong start to the…

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