Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
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 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.
The acquisition aims to strengthen MDS SI’s AI capabilities and accelerate digital transformation for clients.
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 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.
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, a leading buy now, pay later platform, has acquired Saudi-based mobile wallet Tweeq.
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.