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Why is Japan s Samurai Incubate interested in Egypt? Last week, Japan-based venture capital firm Samurai Incubate closed its second $18.6 million Africa fund and for the first time, the fund will be deployed in Egypt. The news follows the announcement of two new funds in Egypt from Algebra Ventures and Sawari Ventures and while Samurai’s foray is a small one, it nonetheless highlights global interest in the country’s startups. Founded in 2008 by Kentaro Sakakibara, Samurai Incubate has invested in 140 companies in Japan. In July 2018, it began investing in Africa by establishing subsidiary, Leapfrog Ventures (now Samurai Incubate Africa), which has so far invested in 26 startups across Africa. ....