Insights, reports and interviews from the Mena region
Of the $2.4 billion raised from January to September 2022, just 2% was invested in women-founded startups in MENA
Closing the gender investment gap and enabling more women to participate equally as entrepreneurs could raise global gross domestic product (GDP) by up to 6 per cent.
57.8% women surveyed said that MENA-based investors are less likely to invest in women-led startups when compared to global investors.
64.2% said that women-only investment funds benefit women-led startups
Startups in Mena raised a record-breaking $2.87bn across 639 deals.
The most active ecosystem remains the UAE, followed by KSA and Egypt.
Just $34.6 million was invested in startups founded by women.
Saudi investors were the most active, taking part in 214 deals.
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
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