Saudi-Egyptian venture capital firm EDAFA has officially announced a $10 million deployment strategy for 2026, marking a 25% increase in capital allocation compared to the previous year. Speaking at the recent GITEX Egypt event, CEO Essam Aly Mostafa highlighted that while the firm had initially planned a larger $13 million spend over the last 18 months, they opted for a disciplined, selective approach—successfully backing over 20 startups with approximately $8 million. This new $10 million commitment reinforces Egypt’s position as a cornerstone of EDAFA’s regional investment thesis, driven by the country's deep talent pool and massive consumer market. The firm’s 2026 strategy is laser-focused on "cross-border champions"—startups capable of bridging the gap between the Egyptian and GCC markets. A prime example is Shares, an Egyptian fractional real estate platform launched in 2025. Shares democratizes property investment by allowing users to buy stakes in premium real estate for as li...