Egypt is now more connected with global investment markets

As announced by the World Business Angels Investment Forum, Tarek Elkady, Founder & Chairman of The Mediterranean Business Angel Networks, has been appointed as a Senator for Egypt. Senator Elkady to represent Egypt at the Grand Assembly of the World Business Angels Investment Forum. The inclusion of Egypt in WBAF provides a wide range of opportunities for Egypt’s start-ups, scaleups and high growth businesses and opens doors for economic development.


(London) With this new appointment, Egypt has joined the largest forum of the world’s equity investment markets and will now be able to connect more with the global investors market, which will open up splendid opportunities for the country. Now local Egypt angel investors, incubation centres, accelerators, private equity funds, co-investment funds, technology parks, corporate ventures and aspiring entrepreneurs will have more opportunity to connect with global leaders in the same field.

The inclusion of Egypt in WBAF provides a wide range of opportunities for Egypt’s start-ups, scaleups and high growth businesses and opens doors for economic development.

Baybars Altuntas, Chairman of the Board of Directors of the World Business Angels Investment Forum says “As an affiliated partner of the G20 Global Partnerships for Financial Inclusion (GPFI), the WBAF supports start-ups, develops entrepreneurial ecosystems, and helps venture capital and companies connect with international companies, fin-techs and other relevant institutions. We are confident about our contribution to the economic development of the country by facilitating connections with entrepreneurial ecosystems. We strongly believe that Egypt will soon become a country  that can foster the development of  its economy in a more entrepreneurial atmosphere.”


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