Cairo, Egypt
With a population of 7.8 million people, Cairo is currently experiencing a strong and steady growth in mobile and web-based enterprises, particularly by young digital innovators who are hungry for success. Currently, Internet penetration in Egypt stands at 40 percent, with the country’s e-commerce potential expected to hit the $446.4 million mark by the end of this year. A helpful ecosystem of innovations, cooperation, networks, and co-working spaces is emerging in Cairo to help young innovators navigate the system, fueling a new culture of entrepreneurship.