The Impact of the COVID-19 Outbreak On The Entrepreneurship Ecosystem


This report, developed by Wamda and Arabnet aims to identify the extent of the impact of COVID-19 on the region’s entrepreneurship sector and the measures that can be taken to alleviate the financial stress on startups.

  • Only 12 Startups
    have a runway of more than 12 months
  • 25%
    of travel startups shut down
  • 83% of respondents in Egypt
    reported an overall negative impact of the pandemic
  • Half of the region's startups
    have also witnessed an impact to their latest funding round
  • Close to 50%
    of startups that responded to the survey reported that they have a cash runway of less than 6 months