This report, developed by Wamda and Arabnet aims to identify the extent of the impact of COVID-19 on the region’s entrepreneurship sector and the measures that can be taken to alleviate the financial stress on startups.

Only 12 Startups

have a runway of more than 12 months


of travel startups shut down

83% of respondents in Egypt

reported an overall negative impact of the pandemic

Half of the region’s startups

have also witnessed an impact to their latest funding round

Close to 50%

of startups that responded to the survey reported that they have a cash runway of less than 6 months