From foodtech to fintech , video streaming to logistics , the companies on our top 10 MENA startups list are continuing to innovate , grow and attract funding
TOP 10
Middle East and North Africa startups to watch in 2023
From foodtech to fintech , video streaming to logistics , the companies on our top 10 MENA startups list are continuing to innovate , grow and attract funding
WRITTEN BY : KATE BIRCH
Currently home to just six unicorns ( startups with a valuation of more than US $ 1 billion ), including Careem , Swvl , and Kitipo , the Middle East and North Africa ( MENA ) region is expected to rise sharply .
By 2030 , MENA will give birth to more than 300 unicorns and soonicorns ( startups forecast to reach that valuation ), a recent report by strategy consulting firm Redseer has found .
Likely to be focused on sectors such as fintech , ecommerce , Internet and consumer services , these successful startups and scaleups are also likely to turn to IPOs for mass funding . Here is our list of the ones to watch .
64 June 2023