WideBot, an AI developer based in Cairo, has partnered with Libyan telecom Almadar Aljadid to introduce a multilingual AI chatbot, enhancing customer service. This strategic collaboration aims to improve customer interactions and support Almadar’s service expansion across Libya, demonstrating a significant advancement in the region’s telecom sector.
Egyptian fintech Lucky ONE has raised $3 million in a convertible note, aiming for profitability by Q1 2025. The funds will expand its credit lending services, aligning with Egypt’s financial inclusion goals. Co-founders Momtaz Moussa and Ayman Essawy emphasize sustainable growth, with plans for regional expansion and a comprehensive financial services offering.
Widebot, an Egyptian AI startup, has raised $3 million in a pre-Series A funding round to advance its Arabic language model, AQL Mind. The company, now based in Riyadh, Saudi Arabia, aims to provide accurate AI solutions for Arabic dialects, supporting businesses and government entities in the region.
A report by the International Telecommunication Union reveals that Africa’s internet usage has surged from 181 million users in 2014 to nearly 646 million today, with projections indicating over 1.1 billion users by 2029. The cost of data has dropped significantly, driving greater internet access and growth in mobile internet usage.
The UNESCO MIL Youth Hackathon highlighted the achievements of Jordan’s Youth Media Literacy Ambassadors Program (YMLAP), which won for its impactful community-based projects. This initiative empowers Jordanian youth to combat misinformation and promote media literacy, fostering a more informed and resilient society in the digital age.
Huawei’s Developers Competition in Egypt recognized four winning teams for their innovations in smart transportation, healthcare, supply chain optimization, and tourism. The event also marked the launch of the “Huawei Cloud Club” in Egyptian universities, fostering cloud computing, training talent, and supporting Egypt’s digital transformation.
Qatari Investors Group (QIG) has partnered with SAP SE to transition its business processes to SAP’s cloud ERP solution, SAP S/4HANA Cloud. This move, supported by RISE with SAP, aims to enhance operational efficiency, real-time data access, and innovation, aligning with Qatar’s National Vision 2030.
The RAK Digital Assets Oasis (RAK DAO) Conference 2024 highlighted the importance of technological innovation in establishing Ras Al Khaimah as a global blockchain hub. The event unveiled the DAO Association Regime (DARe) to support decentralized organizations and featured discussions on the future of digital assets and regulatory frameworks.
Telr has expanded into Jordan and Bahrain, enhancing ecommerce by providing local businesses with access to secure online payment solutions. This move responds to the growing demand for digital transactions, enabling merchants to reach both local and global markets, and supports the region’s digital transformation.
Sri Lanka will showcase its growing tech ecosystem at the NASSCOM Technology and Leadership Forum (NTLF) 2025 in Mumbai. A high-profile delegation, including Dr. Hans Wijayasuriya, will emphasize Sri Lanka’s leadership in digital transformation and foster collaborations with India’s thriving IT industry, reinforcing its global tech presence.
