Egypt planning minister unveils $5 billion venture capital plan at Egypt 2026 forum

Planning Minister Ahmed Rostom has announced a plan to attract $5 billion in venture capital and support 5,000 startups at the Egypt 2026 Forum.

• Rostom announced an executive plan to support startups and a unified financing initiative targeting $1 billion over five years.
• Rostom said startup regulatory challenges will be referred to a ministerial committee coordinated with the central bank.
• Ahmed Wadi, MoneyFellows founder, said sandbox customer and transaction caps left demand exceeding permitted capacity by more than 11 times.
• Rostom pledged state backing for Egyptian tech firms expanding into Gulf, North African, and African markets.