- Thanks to a massive, young, internet-connected population and a host of long-stagnant problems, Egypt has become a hot spot for tech innovation in the Middle East and Africa.
- Two veterans of Egypt’s tech scene told me that despite the large crop of startups in the country, the industry faces two major challenges: “brain drain” of its best talent and onerous government bureaucracy.
- Because the Egyptian pound trades at close to 18-to-$1, it is nearly impossible for Egypt’s companies to compete with tech companies in other countries for their own talent.
- It is so read more >>>
Source : BusinessInsider.Com