Tweeq’s Post

I had a crazy shower thought this morning, and I immediately disregarded it. Could it be true? I hope not 😬 So, I had this crazy idea that some VCs in emerging markets, like Egypt do not develop the startup ecosystem intentionally. Why? Because good founders will follow through and be distinctive from inexperienced founders. In an immature ecosystem, the difference between investable and uninvestable founders is obvious. In a mature ecosystem, founders know the ins and outs of VC investments, and so, it becomes more difficult to do diligence in developed markets. I mean, of course, VCs in emerging markets don't do it intentionally, but the significance of not contributing to building an ecosystem made me think of this cray cray idea 😕 There are a few VCs that build the ecosystem in Egypt, and I feel like they have to be mentioned. Shoutout to Flat6Labs, Plug and Play Africa, Entlaq Holding, EdVentures, & Falak Startups. #startups #venturecapital #startupfunding #earlystagestartups #emergingmarkets

In Nigeria's startup scene of 481 active ventures, female-led startups constitute just 9.7%. Our research identifies 47 women-led startups, showcasing their growing influence in the tech ecosystem. 🚀👩💼 #WomenInTech #NigerianStartups

🚀 Insights from the #GSER2023: Oman’s capital, Muscat, is making huge strides to establish itself as a hub for tech entrepreneurs. The Rising Omani Startups Programme has a goal of enabling innovation, supporting the establishment of startups, linking founders with business opportunities, and identifying investment opportunities for expansion outside Oman. • Ranked as a Top 10 MENA Ecosystem in Affordable Talent  • Muscat is a Top 10 MENA Ecosystem in Funding • Noted as a Top 15 MENA Ecosystem in Performance, which measures the size and performance of an ecosystem based on the accumulated tech startup value created from exits and funding Discover more on why Muscat, Oman is an exceptional place to launch a startup ecosystem:  https://lnkd.in/eDSdC5qx

WHY DO WELL- FUNDED STARTUPS FAIL? Funding is key for #startups but it's not a guarantee for success. What are some of the reasons well - funded startups fail? Amb - Prof Bitange Ndemo shares with Business Daily Africa https://lnkd.in/d26XW5aS #Funding #Startupecosystem

Amazing news for startups in the tech ecosystem. Spark Accelerator Program is here! This is a collaborative initiative by Safaricom, M-PESA Africa and Sumitomo Corporation and implemented by iHub Ltd. It is a platform designed to empower bold and visionary founders of early stage startups to grow and scale their businesses. The program focuses on particular sector areas namely Embedded finance, future fintech, SME Productivity and Content. Check out this opportunity if you fit the criteria, or are just curious about the program, you just never know. My advise to tech startup founders : Strike while the iron is hot! #techstartups #techecosystem

The African startup ecosystem has experienced a significant shift in funding dynamics during the first quarter of 2024. In Q1 2024, African startups raised at least $369 million across 64 publicly announced deals, marking a 51.36% decrease from the previous year. This decline is part of a global trend that has seen a reduction in venture capital flowing into tech ecosystems. The mobility sector emerged as the frontrunner, largely due to Nigerian startup Moove’s $110 million raise through a Series B round. https://lnkd.in/dGX6F3rb

Have you heard about the ‘Nigerian Startup Act’? 🇳🇬 If you’re feeling a bit puzzled about how it works, don’t fret! Your Innovation Plug is here to guide you through the entire journey. As a startup in Nigeria, there are numerous benefits waiting for you, and we want to make sure you don’t miss out on any of them. From tax breaks to smoother tech transfers, the Act opens doors for innovation and growth. And the best part? Your Innovation Plug is here to be your trusted navigator through it all! Let’s plot your course to success together. Reach out to us via DM or book a consultation session using the link below 👇 https://lnkd.in/dcZ3fFaD We’re ready to elevate your startup to new heights! 🚀 #YourInnovationPlug #Startups #SmallBusiness #BusinessOwners #NigerianStartups #StartupFounders #NigeriaStartupBill #NigeriaStartupAct

For the African startup ecosystem, the year kicked off with a promising start around February, amassing $542.2 million across 35 funded startups, indicating a robust investment interest. However, this initial spike was short-lived, as March witnessed a precipitous drop to $41.2 million, with the following months showing a volatile but generally declining trend in funding. The most substantial single-month amount raised post-February so far was in May, where startups like M-KOPA, Nomba, TymeBank, Sabi and others secured a total of $417 million, — a high point that has not, however, signaled a consistent upward trend. The count of fundings, represented by the line graph, follows an inversely proportional relationship to the amounts raised in certain months, such as March and September, hinting at a greater number of deals but with lower individual values, a trend that investment stakeholders might find disconcerting. Join us for our latest series, #StartupFundingInAfrica2023, as we unveil and discuss key funding trends across the continent. Don't miss out on the insights! #Startups #Funding #StartupListAfrica #Startup #StartupEcosystem #Africa #AfricanTech

#QuarterlyReportonIndianStartupFunding Indian startups raised over $2.77 billion in funding during the first quarter of 2024, demonstrating steady growth in capital inflow. However, this represents a decline compared to the $3.2 billion raised in Q1 2023. The report below delves into the key trends shaping the Indian startup funding landscape in Q1 2024. Sources: TheKredible, Entrackr

The MENA funding landscape has kicked off the year with a relatively modest $86.5 million raised across 33 deals, indicating a 34% decrease compared to last year. January's slower pace in funding announcements often hints at the momentum awaiting the rest of the year. This data offers valuable insights into potential shifts in investor sentiment, highlighting the need for adaptable pitch strategies to navigate evolving funding trends effectively.