Friday, August 10, 2012

MENA venture capital activity rises 28 per cent


· From 2009 to 2011, 120 VC transactions were completed compared to just 62 from 2006 to 2008. In 2011, 46 deals were completed, up from 36 in 2010.
· Morocco claimed the majority of deals since 2006 with 57 per cent followed by Egypt and Lebanon both with nine per cent.
· The IT & Software sector continued to lead deal-making, capturing 46 per cent of transactions since 2006.

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