Pakistan’s fintech industry is experiencing rapid growth, with branchless banking accounts increasing significantly. However, low financial literacy remains a challenge, leaving many vulnerable to fraud. Initiatives like the National Financial Literacy Program aim to address these issues, ensuring that the benefits of fintech are accessible to all citizens.
Ooredoo has launched SDN Connect, a high-speed private connectivity solution offering speeds up to 100Gbps, aimed at meeting the needs of businesses in Qatar. This innovative service includes features like robust SLAs, software-defined control, and enhanced security measures, supporting digital transformation and scalable infrastructure for organizations.
Moroccan prop-tech startup Agenz has secured an undisclosed investment from Renew Capital to expand its services across Morocco and Africa. Founded in 2020, Agenz uses data intelligence for property valuations and market insights, enhancing transparency in the real estate sector and enabling informed decision-making for buyers and sellers.
Telecom operators in Pakistan, including Wateen and Jazz, have raised concerns about PTCL’s acquisition of Telenor Pakistan, warning it could lead to reduced competition and increased market dominance. They called for regulatory safeguards to prevent monopolistic practices and ensure a balanced telecom landscape in the country.
Nokia has inaugurated its Innovation Center in Salé, Morocco, in partnership with the Ministry of Digital Transition. This regional hub aims to enhance digital transformation, support 5G readiness, and develop local talent. Equipped with advanced technologies, the center will contribute to Morocco’s Digital 2030 vision and foster innovation.
Jordan has partnered with IrisGuard and VFS Global to provide expatriates with access to government services using iris recognition technology. The national digital ID service (Sanad) is now available in the U.S. and Canada, allowing over 200,000 Jordanians to access services without returning to Jordan.
The Ministry of Transport, Communications, and Information Technology in Oman has signed an agreement with the University of Technology and Applied Sciences to launch a Master of Science program in Digital Transformation and Innovation. This initiative aims to enhance the digital skills of future leaders and support government digital transformation efforts.
Maroc Telecom reported a 6.1% increase in its customer base, reaching 79.7 million subscribers by September 2024, driven by growth in postpaid services and fiber-optic offerings. The company also expanded its international operations, achieving MAD 13.91 billion in revenue, underscoring its strategy for digital connectivity across Africa.
Jordan has improved its global rankings for mobile and fixed internet speeds, now standing at 84th for mobile with an average of 29.4 Mbps and 31st for fixed internet with 155 Mbps. This progress is attributed to a robust regulatory framework and increasing investments in digital infrastructure.
Amr Talaat, Egypt’s Minister of Communications and Information Technology, inaugurated the Deloitte Innovation Hub in Cairo, with a $30 million investment. This hub aims to enhance the country’s digital services and support local talent, positioning Egypt as a competitive player in the global technology and outsourcing markets.
