Agriculture in Egypt contributes significantly to both the economy and employment, accounting for more than 11 percent of the country’s gross domestic product (GDP) and 28 percent of all jobs nationwide. In recent years, traditional farming practices have faced challenges stemming from the mounting obstacles posed by climate change, food scarcity, wastage, inflated consumer prices, and a complex, interdependent supply chain. Despite these growing threats, the agricultural sector has been undergoing a transformation with the infusion of technology catalyzed by a new wave of innovative startups. These companies are pioneering agritech solutions that are revolutionizing the industry – from providing financial services for smallholder farmers, to harnessing satellite technology to combat climate change. Here are six Egyptian agritech startups at the forefront of innovation, propelling the agricultural landscape toward greater sustainability, efficiency, and resilience. Mozare3 Established in 2020 by co-founders Hussein Abou Bakr, Tamer El-Raghy, and Mohamed Okasha, Mozare3 is a pioneering agri-fintech enterprise dedicated to catalyzing a transformative shift in the agricultural landscape of Egypt, the Middle East, and Africa. Its main objective is to extend much-needed financial solutions, encompassing both agricultural and non-agricultural domains, to underserved and financially…
Six Egyptian Agritech Startups at the Forefront of Innovation in Agriculture
September 1, 2023
