Shahzaib

Maroc Telecom Raises MAD 3 Billion in First Domestic Private Bond Issuance to Boost 5G and Fiber Infrastructure

Maroc Telecom raised MAD 3 billion ($330 million) through its first private bond in Morocco’s domestic market, to refinance debt and invest in 5G and fiber infrastructure. Despite a slight profit decline in Q1 2025, the company expanded its customer base to 80 million and strengthened its African presence with IFC-backed credit for Chad and Mali.

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Jordan’s Institute of Public Administration Outlines Strategic Vision for Administrative Modernization

Jordan’s Institute of Public Administration (IPA) presented its strategic vision focused on administrative modernization, governance reforms, and expanding training through a new digital platform. The IPA trains 20,000 public sector employees annually via mixed learning formats and is restructuring governance to better meet sector needs.

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UNDP and Morocco Partner to Advance Inclusive Digital Transformation Across Arab States and Africa

UNDP and Morocco’s Ministry of Digital Transition have signed an agreement to strengthen inclusive digital transformation efforts across the Arab States and Africa, focusing on digital services, responsible AI, and sustainable development. The partnership builds on Morocco’s digital leadership and supports regional SDG-aligned development priorities.

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EQIQ Invests $3 Million in InstaBank to Launch Iraq’s Next-Generation Digital Bank

UAE-based VC fund EQIQ has invested $3 million in InstaBank, a new AI-powered digital bank in Iraq, as part of a $15 million funding round. Led by finance veteran Hussain Qaragholi, InstaBank aims to transform Iraq’s financial sector with scalable, inclusive fintech services and serve as a core pillar of EQIQ’s regional digital ecosystem strategy.

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