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Nile Angels: The First Angel Investors Network in Upper Egypt

11 months 3 weeks ago

A group of 10 angel investors in Assiut launched Nile Angels, an angel network aiming to invest in promising early-stage startups in Upper Egypt. The announcement came on Sunday April 22 during Techne Drifts in Assuit, the leading Egyptian entrepreneurial roadshow.

The investors come from different sectors and are willing to invest collectively in entrepreneurial opportunities in Upper Egypt to develop the start-up community. Nile Angels is eager to help talented motivated startups to guarantee their sustainability.

The Technology Innovation and Entrepreneurship Center [TIEC] has played an important role in bringing together the different investors in Assuit plus providing important information about the nature of angel investment, TIEC will also provide the network with a continuous pool of investable startups graduating from its own incubator and in the ecosystem at large. 

This step comes at a very important time, whereby many stakeholders such as tech parks, incubators and innovation clusters are working together to grow the entrepreneurial ecosystem in Upper Egypt.

To contact Nile Angels and discover the available investment opportunities, click here.

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