Egypt’s Techne Summit 2019 to host launch of Mediterranean Business Angel Network

International investment and entrepreneurship event Techne Summit 2019 will host the launch of the Mediterranean Business Angels Network, the event’s organisers, Egyptian marketing agency Markade have revealed.

Markade revealed in an email last week that the Mediterranean Business Angels Network (Med Angels) launch — which will be held on 30 September at Bibliotheca Alexandrina.

The agency said the angels network aims to bring together a large number of business angel networks, groups, funds as well as individual angel investors from across the region.

The angels network aim to co-ordinate with relevant funds from the EU, Africa and Middle East and North Africa regions, while helping other angel networks in the region to add more members and close more deals. The network also aims to launch an accelerator programme.

Confirmed speakers include Egypt’s ICT Minister Amr Talaat, AUC Venture Lab director Ayman Ismail, Hivos impact investment portfolio manager Keith Wallace, Sawari Ventures chairman Ahmed Alfi and Algebra Ventures managing partner Ziad Mokhtar.

The Techne Summit was first held in Alexandria, Egypt in 2015. Last year, it attracted about 130 speakers, over 6000 attendees, 230 startups and 80 investors from more than 25 countries.

This year’s edition will be held at Bibliotheca Alexandrina in Alexandria from 28 September to 30 September.

Featured image: Techne via Facebook

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