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FINANCIAL NEWS
A15 firm to record USD150mn worth of business in Egypt
22 Dec 2016
(MENAFN) A15, a firm specialized in investing in startups, will reach a volume of business worth USD150mn in Egypt by 2017 and will exit one of their affiliated firms in the following year.
Accordingly, the firm depends on 3 main axes for investing in start-ups, while it also relies on the experience of its staff in the cited field and leading firms.
Meanwhile, A15 confirmed with DELL to offer technological training to young workers amid the firm”s investees, as well as training the staff of A15’s ventures to boost their skills.
Moreover, the entrepreneurship in the country has a positive future and will grow by 2017, while the volume of investment injected in the main 20 start-ups reached USD24.2mn amid 2016.
M
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