Technology News and insights in the Middle East, South Asia, and Africa
Pakistan forms the Pakistan Digital Assets Authority (PDAA) to regulate crypto exchanges, wallets, DeFi, and token platforms, supporting innovation and investor protection. The move aligns with global standards and aims to formalize a $25 billion informal market while promoting tokenization and digital finance growth.
Oman’s MTCIT has welcomed 55 tech startups into the second Nomu Programme cohort, offering workshops, mentorship, and business development support. The initiative targets early-stage companies with prototypes and user validation, fostering innovation and regional growth in the country’s startup ecosystem.
STM Sanchar applies for Nepal’s unified telecom license, joining UTL and Smart Cell in the regulatory process. The unified license allows operators to offer fixed line, GSM, and international services under one framework. NTA verifies licensing conditions amid leadership challenges resolved by new government orders.
Morocco plans to launch 5G in six 2030 World Cup host cities, aiming for 25% national coverage by 2026 and 70% by 2030. Huawei leads the tender race alongside Western firms. With speeds 100x faster than 4G, 5G will enhance Morocco’s already high internet penetration of 90.7%.
Nigeria’s telecom sector will see a major quality boost by Q3 2025, driven by a $1 billion equipment investment following tariff adjustments. The upgrade targets expanded 4G/5G coverage, improved broadband, and rural connectivity, combining private investment with government support to ensure nationwide digital inclusion.
Jordan’s banking industry increasingly demands graduates skilled in AI and data analysis, with digital roles rapidly growing. Over half of financial institutions prioritize these competencies for entry-level hires, reflecting the sector’s urgent need to align workforce capabilities with fintech and digital transformation.
EQIQ doubles its venture capital fund to $30 million to accelerate investments in Iraq’s tech startups, focusing on fintech, logistics, and e-commerce. Founded by experienced entrepreneur Mohamed Al-Hakim, the firm aims to capitalize on Iraq’s youthful, tech-savvy population and burgeoning digital economy.
Zambian women-led tech startups can apply to the Women in Tech accelerator by BongoHive Innovations for training, mentorship, and equity-free funding. The program supports sustainable growth aligned with SDGs and includes grants and extended post-programme assistance.
HP is expanding its presence in Egypt with a new Cairo office and team growth plans to support digital transformation aligned with Vision 2030. The company offers AI-enabled devices and hybrid work solutions to empower businesses, modernize education, and build a future-ready workforce.
TIEC’s 47th Start IT Round Targets Early-Stage Startups with Enhanced Benefits to Accelerate Innovation Cairo, Egypt – May 2025 Egypt’s…