Insights, reports and interviews from the Mena region
55% of startup founders said that raising investment has caused them the most stress
The pandemic was the second most-cited reason for entrepreneurial stress with 33.7% of all founders facing struggles
35.9% of founders rate the state of their mental health as "bad"
44.2% of founders spend at least 2 hours a week trying to de-stress
Mena’s e-commerce market is set to reach $22 billion by the end of 2020
Egypt, Saudi Arabia and the UAE account for 80% of the e-commerce market in Mena
Amazon and Noon dominate the sector accounting for more than 50% of market share in Mena
Half of Mena’s youth population is shopping more online after the pandemic
More than half of the regional subscriptions-based businesses are in the UAE
Close to three quarters of these businesses are at the pre-seed to seed stage
Healthcare and Entertainment dominate the upcoming subscriptions businesses
Two thirds of consumers are either subscribed to or are planning to subscribe to Netflix
Close to 50% of startups that responded to the survey reported that they have a cash runway of less than 6 months.
Out of the e-commerce startups, 54.2% have a runway of less than 6 months, a third of logistics startups have between 1 and 2 months of runway left.
Half of the region's startups have also witnessed an impact to their latest funding round.
Only 12% of startups have a runway of more than 12 months.
More than 35% of pre-seed startups are based in the UAE, with 26.5% based in Egypt.
E-commerce and marketplace continue to dominate the new pipeline of startups that are beginning to emerge.
Cheque sizes worth $5000 to $10,000 dominate with founders investing about 46% of total investment
Women account for just a quarter of entrepreneurs in the Middle East and North Africa
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