Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Inwi showcased advanced connectivity solutions and backed an innovative game development contest at the Morocco Gaming Expo, signaling strong commitment to nurturing Morocco’s gaming industry. The event highlights the sector’s rapid growth and emerging talent, with Inwi playing a key role in building a sustainable gaming ecosystem.
Alfa is advancing a major network upgrade and restoring war-damaged stations in Lebanon, backed by Minister Charles Hage. Increased 5G investments and sustainability initiatives underpin its digital transformation and infrastructure modernization.
Kuwait Airways has launched an Elite Service at Terminal 4, providing premium home-to-airport travel conveniences and VIP treatment. The airline also offers a Family Offer with significant discounts, enhancing customer experience ahead of the 2025 travel season.
Zain launched its 5G Advanced network in Kuwait, offering ultra-fast, reliable connectivity and enabling next-generation innovations aligned with Vision 2035. The rollout strengthens Kuwait’s digital infrastructure and Zain’s position as a regional tech leader.
Valu’s stock surged over 850% on its EGX debut, reaching a $370 million market cap through a novel share distribution by EFG Holding. Backed by Amazon as a key shareholder, Valu leads Egypt’s consumer finance sector with strong growth and digital innovation, poised to expand financial inclusion and transform fintech in the region.
Jumia has launched its largest warehouse in Egypt, boosting logistics efficiency and job creation, particularly in underserved areas. Supported by government officials, this facility reinforces Jumia’s commitment to Egypt’s digital economy and regional e-commerce growth.
AgriCash, an Egyptian agri-fintech startup, raised seed funding led by Alex Angels to expand its AI-driven platform, enhance farmer financing, and enter new markets. The startup’s innovative BNPL model and digital tools aim to transform agricultural finance and support over 1,500 active farmers, with plans for further growth and ecosystem development.
AXIAN Telecom priced $600 million Senior Notes with a 7.250% coupon, securing strong investor demand to refinance debt and expand digital infrastructure in Africa. The bond underscores confidence in AXIAN’s growth strategy and commitment to sustainable, inclusive digital transformation across the continent.
Orange Egypt secured an $80 million syndicated loan from EBRD and Banque Misr to fund its 5G license acquisition and network expansion. The upgrade aims to improve connectivity, foster digital services growth, and reduce carbon emissions, supporting Egypt’s digital transformation and sustainability goals.
Rezaul Karim Arif from Bangladesh won the global AI Showdown Hackathon with PixelFlow, an AI-powered infinite mood-boarding app. Built in 24 hours, PixelFlow stands out for simplicity and powerful AI features. Rezaul plans to scale it independently and inspire others in Bangladesh to explore AI innovation.