Devsinc Acquires Alchemative Group to Expand in Booming Regional Ecommerce Market
Devsinc, a Pakistani IT company, acquires Alchemative Group, a leader in ecommerce and digital retail solutions, to capitalize on the growing regional market.
M&A
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Capestone Acquires Next Era to Expand IoT and 5G Offerings in EMEA Market
Capestone, a division of OptConnect, has acquired Next Era, a French distributor specializing in 4G/5G and critical communications, expanding its presence in the EMEA region. This acquisition enhances Capestone’s IoT and 5G solutions, providing access to new growth opportunities in the fast-evolving 5G and IoT marketplace.
Beyon’s Sure Successfully Acquires Airtel Vodafone, Investing in a New 5G Network
Beyon’s telecommunications subsidiary, Sure, has completed its acquisition of Airtel Vodafone, aligning with its strategy to expand international investments. The move includes a £48 million investment in a new 5G mobile network, enhancing connectivity and digital standards for Channel Islanders while promising improved services and faster speeds.
Mideast Data Systems Acquires Majority Stake in AIdeology.ai to Enhance AI Capabilities
The acquisition aims to strengthen MDS SI’s AI capabilities and accelerate digital transformation for clients.
Nana Acquires Rasseed to Enhance Digital Shopping Solutions in Saudi Arabia
Nana has acquired the “Rasseed” application, enhancing its digital shopping solutions in Saudi Arabia. This acquisition allows Nana to simplify the purchase of gift cards and expand its services, including a new “digital cards” category within the Nana app. The move aims to improve customer experience and market presence.
Wasoko and MaxAB Merge to Create Africa’s Largest Informal Retail Platform
Wasoko and MaxAB have completed Africa’s largest tech merger, creating a Pan-African platform serving 65 million consumers. The merger expands fintech services, intra-Africa trade, and private label products across five countries, positioning the company as a leader in Africa’s evolving tech ecosystem.
Opinion: Tabby’s Acquisition of Tweeq Signals a New Era for Fintech in the GCC
This strategic move represents not just the expansion of a fintech giant, but a potential redefining of how financial services are delivered in a rapidly evolving digital economy.
Tabby Acquires Saudi Mobile Wallet Tweeq to Broaden Financial Services
Tabby, a leading buy now, pay later platform, has acquired Saudi-based mobile wallet Tweeq.
Maxab and Wasoko Complete Merger, Form Largest B2B Retail Network in Africa
Maxab and Wasoko have completed their merger, creating Africa’s largest B2B retail network with over 450,000 merchants and 4,000 employees across five countries. The combined entity, led by co-CEOs Belal El-Megharbel and Daniel Yu, aims to double its revenue by year-end while enhancing trade between North and East Africa.
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