Growing as one of the annual highlights for entrepreneurs in Egypt, the third edition of the RiseUp Summit spanned December 11-12, during which over 4000 attendees shared experiences with 240 speakers and more than 100 investors. Taking place in the heart of the capital at the American University in Cairo’s (AUC) Greek Campus, speakers from Google, Facebook, Uber and many more discussed Egypt and the MENA region’s ecosystem and the prospect of investments in startups. “The ecosystem is amazing nowadays, unlike when I first started [in the 1990s],” said Khaled Bichara, chief executive officer of Orascom Telecom Media and Technology OTMT, and co-founder of Accelero Capital, at one of the summit’s four keynote talks. “They are looking for a future with more sunshine,” said Microsoft’s Aly Faramawy, asserting that the Egyptian youth won’t settle for less anymore. Tapping on some of Africa’s most abundant resources, Faramawy explained how Microsoft is constantly in pursuit of making the most of the continent’s brains and man power. However, despite the entrepreneurship atmosphere looking up and letting more promising hope in, young startups are far from past some concrete challenges. Among the various challenges…
RiseUp15 Continues to Infuse Life Into Egypt’s Entrepreneurship Scene
December 15, 2015
