Resilience Amid Challenges: MENA Startups Secure $36 Million in Funding Despite Regional Pressures
In a landscape marked by challenges, startups in the Middle East and North Africa (MENA) region have demonstrated remarkable resilience, securing $36 million in funding despite a regional squeeze on investments. This achievement, while reflecting a significant contraction in funding compared to previous periods, underscores the tenacity and innovation of MENA’s entrepreneurial ecosystem. Let’s delve into the details of this story.
Navigating Turbulent Waters
According to Wamda’s monthly investment report, the month of September witnessed a notable contraction in investment funding and deal activity for startups in the MENA region. A total of $36 million was raised across 36 deals during the month, marking a 64 percent month-on-month decrease and an 82 percent decline from the previous year.
While these figures may raise eyebrows, it’s essential to consider the broader context. When examining the year-to-date investment figures, the MENA startup ecosystem has attracted a total of $1.8 billion in funding, which includes $687 million from debt financing. To put this into perspective, the first three quarters of 2022 saw MENA startups amass $2.7 billion, with $455.7 million coming from debt financing.
The declining funding landscape is palpable across the entire region, manifesting in fewer deals and reduced funding amounts.
UAE Takes the Lead
The United Arab Emirates (UAE) emerged as a standout performer in September, driven largely by substantial investments in Fuze and Zero Carbon Ventures, which raised $14 million and $5 million, respectively. These significant deals propelled the UAE to the forefront of regional investment, with its startups securing $27 million across 14 deals.
Saudi Arabia followed closely behind, securing $2.7 million across seven transactions, while Egypt claimed the third spot with six startups accumulating $2.6 million in funding.
Notably, Saudi Arabia experienced a significant 95 percent month-on-month decline in deal value, signaling that investor caution, which is affecting the broader region, has now made its presence felt within the Kingdom.
Sectorial Insights
Fintech continues to be a sector of interest, retaining its allure with six deals worth over $16 million in funding. Clean technology and gaming sectors also demonstrated resilience, trailing closely behind.
Diverse Business Models
In terms of business models, business-to-business (B2B) startups secured over $25 million in investments, while their business-to-consumer (B2C) counterparts obtained slightly more than $10 million. Interestingly, the number of deals was evenly distributed between these two models, highlighting the diversity within MENA’s startup ecosystem.
Gender-Based Analysis
A closer look at gender diversity in startup funding reveals some interesting patterns. Female-founded startups faced challenges in securing funding, accumulating a total of $320,000 primarily in grants. In contrast, startups with mixed-gender founding teams managed to secure $1.65 million across four deals, demonstrating a more favorable funding environment. Startups founded exclusively by men dominated the funding landscape, securing an impressive $34 million across 21 deals.
In conclusion, while MENA’s startup ecosystem faced funding challenges during September, the resilience and adaptability of entrepreneurs in the region shone through. Despite a contraction in investment activity, startups continue to innovate and attract funding, setting the stage for a dynamic and promising future. As the ecosystem navigates evolving challenges, the commitment to fostering innovation and entrepreneurship remains unwavering, making MENA a region to watch in the global startup landscape.
Wlftqt
purchase stromectol online – where can i buy tegretol generic tegretol
January 3, 2025Nttlov
order isotretinoin – dexona medication buy linezolid 600 mg sale
January 14, 2025Vlamuz
buy generic amoxicillin online – diovan 80mg us ipratropium usa
January 15, 2025Mkcoci
order azithromycin generic – zithromax 500mg canada order bystolic 5mg sale
January 28, 2025Vbtxql
cheap omnacortil sale – buy generic prednisolone 5mg progesterone pills
January 31, 2025Uqohht
buy generic neurontin for sale – gabapentin 100mg price order itraconazole pill
February 8, 2025Qptkgg
buy furosemide 40mg for sale – buy nootropil sale order betnovate 20 gm
February 8, 2025Nxozvu
vibra-tabs canada – generic ventolin 4mg order generic glipizide 10mg
February 13, 2025Kwmrpt
order augmentin 625mg without prescription – buy ketoconazole 200mg pills duloxetine 40mg drug
February 14, 2025Wufgej
order augmentin 625mg sale – buy generic nizoral 200mg duloxetine 20mg cost
February 21, 2025Efxolz
buy rybelsus 14mg – cheap rybelsus 14 mg buy generic cyproheptadine online
February 23, 2025Lpqyco
tizanidine 2mg cost – plaquenil 200mg over the counter order hydrochlorothiazide 25 mg pills
February 27, 2025Xjifip
cialis 20 mg – buy sildenafil 100mg online cheap cost viagra 100mg
March 4, 2025Xstixu
female viagra cvs – buy tadalafil 20mg pill cialis india
March 4, 2025Lpdlxw
cenforce over the counter – order cenforce 100mg order glycomet 500mg pill
March 11, 2025Cipvsx
buy atorvastatin 40mg – purchase lipitor online lisinopril 5mg for sale
March 13, 2025Hbrmtf
prilosec sale – cost lopressor purchase atenolol sale
March 20, 2025Khfiyb
medrol pills – buy lyrica generic aristocort 10mg pill
March 26, 2025Kcdtmr
desloratadine pills – loratadine canada priligy 30mg us
March 27, 2025Jhvuph
order misoprostol – buy cheap generic diltiazem brand diltiazem
March 30, 2025Dhfyrn
acyclovir 800mg cheap – crestor online order buy generic crestor
April 5, 2025Dwreai
buy motilium generic – buy motilium 10mg generic buy cyclobenzaprine 15mg for sale
April 7, 2025Vcvwon
order domperidone pills – purchase domperidone without prescription buy cyclobenzaprine 15mg generic
April 14, 2025Tqhaqr
order inderal 10mg online cheap – buy inderal pills for sale methotrexate 5mg canada
April 15, 2025Edikqa
buy levaquin generic – avodart 0.5mg pill how to buy ranitidine
April 23, 2025Kfadat
order esomeprazole without prescription – imitrex 50mg us buy sumatriptan 50mg sale
April 23, 2025Sdycvx
order mobic 7.5mg online cheap – buy flomax no prescription buy flomax 0.2mg generic
April 29, 2025Zglafk
order zofran 8mg generic – buy aldactone 100mg generic buy zocor sale
May 16, 2025Gqgaem
valtrex 500mg without prescription – order valacyclovir for sale fluconazole online buy
May 16, 2025jkk20
oral provigil 100mg buy provigil 200mg online cheap provigil 200mg oral order modafinil 100mg for sale modafinil 200mg for sale modafinil 200mg usa modafinil 100mg ca
May 31, 2025lba1y
can i buy cheap clomiphene can i buy clomid where can i buy generic clomid without prescription clomiphene one fallopian tube where to buy cheap clomid price where to get generic clomiphene pill cheap clomid online
June 5, 2025buy cialis next day delivery
More posts like this would persuade the online elbow-room more useful.
June 8, 2025discount cialis pills
Thanks towards putting this up. It’s okay done.
June 9, 2025flagyl for parasites
Greetings! Extremely productive par‘nesis within this article! It’s the scarcely changes which wish make the largest changes. Thanks a lot quest of sharing!
June 10, 2025flagyl iv to po
More posts like this would force the blogosphere more useful.
June 11, 2025h4k4g
buy zithromax for sale – tetracycline 500mg pills buy flagyl 200mg generic
June 12, 2025pcxe3
rybelsus 14 mg without prescription – buy semaglutide 14mg online buy generic periactin online
June 13, 2025q1nu6
brand rybelsus 14 mg – rybelsus brand cyproheptadine 4 mg us
June 14, 2025t7gq0
purchase domperidone generic – order cyclobenzaprine 15mg pill buy generic cyclobenzaprine for sale
June 15, 202533sv2
order domperidone 10mg pills – buy sumycin pill order cyclobenzaprine generic
June 16, 20250jb2s
propranolol sale – purchase methotrexate generic methotrexate 2.5mg for sale
June 17, 2025x3qlb
inderal brand – methotrexate 2.5mg for sale buy methotrexate 2.5mg without prescription
June 19, 2025isxgq
amoxicillin where to buy – cheap amoxicillin online buy cheap generic combivent
June 20, 2025z1xnq
cheap amoxil pill – valsartan 80mg cheap purchase ipratropium for sale
June 21, 2025spzvf
azithromycin cheap – bystolic 5mg pills nebivolol for sale online
June 22, 2025naqk9
purchase zithromax online cheap – oral tinidazole 300mg oral nebivolol
June 24, 20253mdy0
buy augmentin online – https://atbioinfo.com/ ampicillin uk
June 24, 202566rnq
purchase augmentin for sale – https://atbioinfo.com/ where to buy ampicillin without a prescription
June 25, 2025eaytr
nexium pill – https://anexamate.com/ buy esomeprazole 20mg online
June 26, 2025mq49w
purchase esomeprazole – nexium to us esomeprazole 40mg us
June 27, 2025ymgw6
buy generic warfarin over the counter – cou mamide order cozaar 25mg online cheap
June 27, 2025pdbxv
warfarin over the counter – anticoagulant order losartan sale
June 28, 2025d26pu
oral mobic 7.5mg – tenderness purchase meloxicam pills
June 29, 2025qwezv
meloxicam drug – mobo sin cheap mobic 15mg
June 30, 2025lrvdy
buy prednisone 20mg pill – aprep lson buy deltasone 10mg without prescription
July 1, 2025srd5n
deltasone 10mg drug – corticosteroid order deltasone 20mg online cheap
July 2, 2025hxzpn
buy cheap generic ed pills – fast ed to take site buy erectile dysfunction meds
July 2, 2025q05yd
free ed pills – https://fastedtotake.com/ top rated ed pills
July 3, 2025lgzxa
amoxil uk – amoxil order online buy amoxil no prescription
July 4, 2025gxdkt
cheap amoxil pill – amoxicillin online order generic amoxicillin
July 5, 2025k6avq
where can i buy diflucan – https://gpdifluca.com/ forcan medication
July 9, 2025jlle8
fluconazole 200mg sale – click purchase diflucan generic
July 10, 2025242wi
escitalopram 20mg oral – https://escitapro.com/ order lexapro pills
July 10, 20252hrs1
brand cenforce – on this site order cenforce 100mg generic
July 11, 2025uq4bi
oral cenforce 100mg – click buy cenforce paypal
July 11, 2025c1n5s
cialis side effect – cialis from india cialis shipped from usa
July 12, 2025d53rk
where can i buy cialis online – cialis and grapefruit enhance cialis and grapefruit enhance
July 13, 2025ConnieGuamy
ranitidine uk – purchase zantac online cheap purchase zantac pill
July 13, 2025shhi6
cialis without prescription – generic tadalafil cost mambo 36 tadalafil 20 mg
July 13, 20250vc98
cialis is for daily use – https://strongtadafl.com/ cheap cialis 5mg
July 15, 2025ConnieGuamy
order zantac 150mg – buy ranitidine 300mg without prescription order zantac generic
July 15, 2025ConnieGuamy
With thanks. Loads of knowledge! site
July 16, 2025nr42p
buy cialis vs viagra – https://strongvpls.com/# viagra for cheap online
July 16, 2025zblme
cheap viagra online australia – https://strongvpls.com/ how to buy viagra or cialis
July 17, 2025ConnieGuamy
I am in point of fact enchant‚e ‘ to coup d’oeil at this blog posts which consists of tons of useful facts, thanks object of providing such data. prednisolona 5 mg para que sirve en adultos
July 18, 2025xnamg
The thoroughness in this piece is noteworthy. amoxicillin tablet
July 18, 2025ConnieGuamy
Proof blog you be undergoing here.. It’s intricate to find high calibre script like yours these days. I truly comprehend individuals like you! Rent vigilance!! https://ursxdol.com/prednisone-5mg-tablets/
July 19, 20258ovey
More articles like this would remedy the blogosphere richer. order furosemide online cheap
July 19, 2025ConnieGuamy
Thanks towards putting this up. It’s understandably done. https://ursxdol.com/get-cialis-professional/
July 20, 2025w43nn
Proof blog you possess here.. It’s obdurate to espy high calibre script like yours these days. I truly respect individuals like you! Withstand vigilance!! https://prohnrg.com/product/metoprolol-25-mg-tablets/
July 21, 2025dx11b
Greetings! Extremely productive suggestion within this article! It’s the crumb changes which choice espy the largest changes. Thanks a lot for sharing! https://prohnrg.com/product/diltiazem-online/
July 22, 2025tfx5h
This website positively has all of the tidings and facts I needed about this thesis and didn’t know who to ask. a quoi sert le prednisolone
July 23, 2025o1q1s
This website absolutely has all of the information and facts I needed there this subject and didn’t comprehend who to ask. cenforce 50 aphrodisiaque
July 24, 2025ConnieGuamy
More peace pieces like this would make the web better. https://ondactone.com/spironolactone/
August 4, 2025ConnieGuamy
The sagacity in this serving is exceptional. https://ondactone.com/product/domperidone/
August 5, 2025ConnieGuamy
The thoroughness in this piece is noteworthy.
August 6, 2025tetracycline without a vet prescription
ConnieGuamy
The reconditeness in this ruined is exceptional.
August 8, 2025https://proisotrepl.com/product/cyclobenzaprine/
ConnieGuamy
This website really has all of the bumf and facts I needed adjacent to this subject and didn’t comprehend who to ask. https://forums.bellaonline.com/ubbthreads.php?ubb=changeprefs&what=style&value=0&curl=https://www.storeboard.com/xpregain
August 9, 2025ConnieGuamy
Greetings! Very serviceable par‘nesis within this article! It’s the scarcely changes which liking obtain the largest changes. Thanks a a quantity for sharing! http://www.fujiapuerbbs.com/home.php?mod=space&uid=3616668
August 14, 2025ConnieGuamy
This is the tolerant of post I unearth helpful. http://sglpw.cn/home.php?mod=space&uid=563608
August 17, 2025