Publication database

Produced by Magnitt, Wa’ed sponsors the 2021 MENA VC Impact Investment Report, which tries to shed some light on the VC impact investment ecosystem in MENA since 2016. The report reveals that $444m was invested across 403 deals by impact-driven startups across the region since 2016. This accounts for 7% of all venture capital (VC) deployed in MENA startups between 2016 and the third quarter of 2021. The information gathered in the report aims to enable a more informed conversation on this space between stakeholders, and to attract greater investment and support for impact-driven sectors and startups.

This report identifies the value of and support necessary to assist SMEs in scaling up in their local markets across the Middle East and North Africa. It further identifies priority support areas for policymakers including business fundamentals, business propellers, demand creators and country readiness that, when appropriately addressed, can propel local economic growth.

Luminus Education is committed to transforming technical and vocational education (TVET) in Jordan and advancing the Education 4 Employment philosophy. Based in the region with the highest youth unemployment rate in the world, Luminus offers high-quality, market-oriented programs and recognizes that equipping Jordanian youth with vocational skills is important for both economic and security reasons.