Venture capital and the secondaries market in the Mideast

​The venture capital story in the Mideast is young, but a raging one. Last year, we saw record venture capital funding going towards fintech, artificial intelligence, and enterprise software. And this year, we have seen the region’s first-ever VC secondaries fund come up, with Key Capital announcing a $50 million fund in partnership with SHUAA Capital.

​But beneath these numbers, the industry is undergoing a whole host of changes. Basic parameters are evolving, and a new phase of maturity is setting in. There is also the Iran war that could introduce new filters in the industry and the overall fundraising processes.

​That’s our upcoming discussion with Basil Moftah of Key Capital. Over the years, Basil has served as a general partner at multiple funds in the Middle East and North Africa region, the most recent being Egypt’s Nclude and the UAE-based Global Ventures.

​Join us, as we talk to him about all things venture capital.