Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
ITHCA has launched new funding and accelerator initiatives to help Omani tech startups scale into Saudi Arabia. The move includes rebranding its ideation fund, launching the Baw’wabah Accelerator, and signing a partnership with Saudi-based Vision Ventures to strengthen cross-border investment access.
Morocco has unveiled a USD 140 million funding package under its Digital 2030 strategy to accelerate startup growth. The initiative supports venture building, venture capital, and Technopark expansion, with targets to create 1,000 startups by 2026 and strengthen inclusive digital innovation nationwide.
The 4th African Startup Conference in Algiers has brought together tens of thousands of participants, policymakers, investors, and entrepreneurs to strengthen Africa’s innovation ecosystem. With Rwanda as guest of honour, the event highlights startup growth, technology, and intra-African collaboration as drivers of economic sovereignty.
Morocco has launched a $140 million startup funding programme under its Digital 2030 strategy to accelerate innovation and scale entrepreneurship. Announced at Digital Now Forum 2025, the initiative combines venture-building support, venture capital funding, and Technopark expansion, with targets of 1,000 startups by 2026 and 3,000 by 2030.
Egypt and IT Park Uzbekistan are exploring cooperation to support tech startups, attract investment, and connect innovation ecosystems. The talks aim to help Egyptian companies expand into Central Asia, strengthen bilateral technology ties, and leverage incentives and digital hubs in both countries to accelerate startup growth and cross-border investment.
Algiers will host the 4th African Startup Conference with over 25,000 participants expected, bringing together African ministers, startups, investors, and global experts under the theme “Fostering African Champions.” The event will promote innovation, investment, and cross-border collaboration, with Rwanda as guest of honour.
Morocco is committing MAD 1.3 billion under its Digital 2030 strategy to support startups through venture building, venture capital, and Technopark expansion. The initiative aims to create 3,000 startups by 2030, strengthen private investment, promote inclusive digital growth, and position the country as a regional innovation hub.
Algerian travel-tech startup Völz raised $5 million in a funding round led by local investors, marking the first exit for the Algerian Startup Fund. The company enables international flight bookings in local currency with cash and offline payment options, aiming to scale operations and simplify travel access nationwide.
Moroccan startup Reborn has won the NBA Africa Triple-Double Accelerator 2025, beating over 700 organizations from across Africa. The sports tech company will receive funding, global incubation, and access to major innovation ecosystems, reinforcing Morocco’s growing leadership in AI-driven sports performance solutions.
stc has sponsored the Nexus Technology & Startup Summit 2025 for the second year in a row as part of its ongoing commitment to advancing Kuwait’s innovation and startup ecosystem. Held in Kuwait City under government patronage, the summit brought together startups, investors, and technology leaders to showcase emerging trends and solutions. As a platinum sponsor, stc hosted workshops, signed multiple MoUs, participated in expert panels, and showcased advanced business technologies through its enterprise arm. The company said the initiative supports digital transformation, entrepreneurship, and the objectives of Kuwait Vision 2035.