Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
African startups raised $4.1 billion in 2025, driven largely by record debt financing and sector diversification beyond fintech. While funding shows structural recovery, a shrinking seed pipeline poses risks for future growth across the continent.
Zain Group reported revenue of $7.44 billion for 2025, with net income rising 103% to $777 million, driven by data growth, digital services, and expansion into new business verticals. Strong investments in network infrastructure and enterprise solutions supported growth across its Middle East and Africa operations.
Ncell reported turnover exceeding Rs 8 billion in the first quarter, with improved operating income margins and expanded debt facilities. The results come amid ongoing ownership transition processes and reflect broader adjustments in Nepal’s telecommunications market environment.
Maroc Telecom reported net profit of 6.969 billion dirhams in 2025, boosted by prior-year adjustments linked to a regulatory settlement. Adjusted profit declined as the operator increased 5G investment, while subscriber growth was driven by expansion across its African Moov Africa operations.
stc group reported record financial results for 2025, with revenues reaching $20.75 billion and adjusted net profit rising 12.5 percent. Growth was supported by digital infrastructure expansion, 5G and fiber investments, data centre partnerships, and continued diversification across fintech and digital services.
Maroc Telecom reported a net profit of $760 million in 2025, driven by the absence of prior regulatory settlement costs, while increased investment in 5G rollout weighed on adjusted earnings. Growth was supported by expansion in African subsidiaries as the operator continued network modernization efforts.
Oasis500 has launched Oasis Ventures III, a $20 million early-stage technology fund aimed at supporting startups in Jordan through capital investment and mentorship. The initiative builds on the accelerator’s track record of backing 193 startups and supports the country’s broader innovation and economic modernization goals.
Maroc Telecom reported a 288% increase in profits in 2025, reaching $760 million, driven by dispute resolution with a competitor and strong performance across African operations. Customer growth, higher revenues, and the commercial launch of 5G services supported the company’s financial and operational expansion.
Nepal Telecommunication Authority spent only 11 percent of its allocated budget in the first half of FY 2082/83, reflecting administrative bottlenecks and implementation delays. The low utilization rate raises concerns over slowed telecom infrastructure development and highlights the need for improved execution to support digital connectivity expansion.
Zain KSA reported SAR 604 million in net profit for 2025, with revenues rising nearly 6% year-on-year and dividends proposed at SAR 0.50 per share, reflecting steady financial performance amid ongoing growth in Saudi Arabia’s telecom sector.