Egypt’s booming startup ecosystem is getting a major upgrade. In a bold collaboration with the World Bank, Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) is teaming up with leading venture capital firms and US-based tech platform Visible.vc. The goal? To unify and standardize how startups report their performance to investors, addressing a major pain point in the region’s investment landscape.
With this move, Egypt is laying the foundation for better transparency, smoother operations, and a more appealing environment for both local and international venture capital.
A National Effort to Tackle Fragmentation
For years, startups and investors in Egypt have struggled with inconsistent data. Founders were required to tailor separate reports for different investors, while venture capitalists (VCs) were unable to benchmark performance easily. This fractured process often led to inefficiencies and missed opportunities.
Now, a unified system is on the horizon.
Led by Foundation Ventures, a powerhouse coalition of VC firms—including Algebra Ventures, Sawari Ventures, Shorooq Partners, Endure Capital, DenVC, and more—is rallying around this ambitious initiative. Together, they’re working to define clear metrics, standard formats, and consistent reporting schedules.
Why This Matters for Egypt’s Future
This standardized approach will reduce startup reporting burdens, give investors clearer performance insights, and ultimately enhance the country’s investment climate. Transparency is a major factor for global investors, and Egypt is signaling that it’s ready to play on the world stage.
“Providing transparency is key to attracting foreign direct investment,” says Mazen Nadim, Managing Partner at Foundation Ventures.
Visible.vc: The Tech Engine Behind the Shift
Following a rigorous selection process, the platform Visible.vc was chosen to build the infrastructure for this system. Working closely with Egyptian VCs, the platform is being custom-developed to suit local market needs.
The full rollout is expected by the end of Q2 2025, and the first ecosystem-wide performance report will be published by mid-2026.
Conclusion
By tackling fragmented reporting head-on, Egypt is not only streamlining operations for startups and VCs but alsosending a strong message to global investors: the country is serious about creating a world-class startup ecosystem. This initiative sets a new benchmark for transparency and could serve as a model for emerging markets worldwide.
