Eg Startup Ideas

Egyptian SMEs are required to adopt the Egyptian Tax Authority's mandatory e-invoicing system launched in 2024, but they encounter persistent technical glitches that disrupt daily operations and invoicing processes. High implementation costs strain their limited budgets, while significant training gaps leave staff unprepared, leading to errors and prolonged delays in achieving full compliance. This exposes them to regulatory penalties, fines, operational downtime, and lost revenue opportunities.

Optimize Last-Mile Delivery in Cairo’s Traffic Chaos

Egyptian fintech companies are grappling with severe foreign exchange shortages, particularly in US dollars, which are bottlenecking their ability to process cross-border payments. This leads to significant delays in receiving international remittances for users and paying overseas suppliers, disrupting cash flow and business operations. The root cause is stringent controls imposed by the Central Bank of Egypt, exacerbating operational inefficiencies and potential revenue losses for these firms.