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 $3.2 billion in 2025, rebounding strongly after two years of decline. Energy and fintech led funding growth as investors backed larger, later-stage companies with proven models, signalling renewed confidence in Africa’s maturing tech ecosystem.
A three-year partnership between ITIDA and 500 Global has helped Egyptian startups scale through accelerator training, funding access, and ecosystem development, supporting nearly 200 startups, creating over 1,300 jobs, and enabling regional and global expansion across AI, fintech, and digital services.
The African Startup Conference in Algiers will focus on innovation financing, regulatory reform, and digital infrastructure challenges facing startups across the continent. Organisers see it as a platform to promote harmonised policies, new funding models, and stronger cross-border cooperation to support Africa’s growing startup ecosystem.
Nawah Scientific has raised $23 million in Series A funding to expand its digital scientific testing platform. The round will support a new R&D centre in Rwanda, increased lab capacity in Egypt and Saudi Arabia, and regional expansion into North Africa and Europe, strengthening its research and technology capabilities.
Bawabat Accelerator has launched through a partnership between ITHCA Group and Saudi Vision Venture Capital to help Omani tech startups scale into Saudi Arabia. The initiative connects founders with Saudi investment networks, regional expertise, and early-stage capital, strengthening cross-border collaboration between Oman and Saudi venture ecosystems.
Morocco has launched the Startup Venture Building program, backed by over MAD 700 million, to support more than 800 startups in three years. Aligned with Digital Morocco 2030, the initiative combines funding, living allowances, and venture acceleration to scale digital innovation and entrepreneurship nationwide.
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.