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
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.
FuturePlay has become the first Korean VC to partner with Saudi Arabia’s Ministry of Investment, supporting Korean startup expansion into the Kingdom and enabling joint investments in AI, fintech, and deep-tech fields. The partnership aligns with Vision 2030 and strengthens Korea–Saudi innovation ties as both nations accelerate cross-border tech collaboration.
Qatar’s Darkocean has launched NAVBathy, the world’s first Rapid Satellite-Derived Bathymetry engine delivering coastal depth maps in seconds using multi-source satellite imagery and proprietary AI. The platform offers instant bathymetric intelligence, API access, and mobile-friendly tools, attracting global investor interest and positioning Qatar as a leader in next-gen marine geospatial technology.
Morocco has launched a new investment support mechanism to strengthen funding for startups under the Digital Morocco 2030 strategy. Backed by key national institutions, the initiative aims to de-risk investments, attract capital, and accelerate the country’s innovation ecosystem while aligning with the vision of King Mohammed VI for digital sovereignty and technological leadership.
Algeria Startup Challenge 2025 concluded with nine new agreements between start-ups and major operators, reinforcing its role as a national open-innovation platform. Five sector winners were recognized, ranging from digital tourism to AI healthcare and IoT hygiene systems. The event attracted hundreds of start-ups nationwide and highlighted growing private-sector support for innovation.