MENA Quarterly Investment Analysis: Q2 CY24

The third installment of the "Quarterly Investment Analysis Q2 CY24" report delves into the progressing investment landscape of the Middle East and North Africa region.

Key insights from the report:

• MENA companies raised ~US$ 2.2B across 100 deals in Q2 CY24

• Average deal size increased by ~36%

• SaaS/AI was the most attractive sector for growth stage and early-stage investments

Although there has been some improvement in the average deal size, it remains low compared to the second half of 2023, highlighting significant growth potential. Investors are still adopting a 'wait-and-see' approach.

Curious to learn more? Read the full report compiled through Pulse. Know more about our diverse tool suite here.