According to the organisers, more than 1800 startups exhibited at ENS, while 1000 investors from across 65 countries attended. They need funding not just to pursue expansion plans, but to survive. He made the case for venture debt for startups in need of funding. He also believes that moving forward there will be more partnerships between startups and corporates instead of direct investment. Whether splitting ENS from Gitex physically was the right thing to do remains something for the organisers to decide.
Source: The North Africa Journal October 19, 2023 02:08 UTC