UM6P and STATION F have launched the NextAfrica program to support startups focused on Greentech, Agritech, and Healthtech. This collaboration aims to bridge Europe and Africa, providing mentorship, funding, and resources to international startups looking to enter African markets. The program will foster innovation and address key regional challenges.
Maroc Telecom’s debt surged by 6.6 billion MAD, making it the most indebted company on the Casablanca Stock Exchange. This increase, driven by a legal dispute resolution, contributed to a 17% rise in net debt among non-financial companies. The report also highlighted growth in turnover and investments across sectors.
VA Tech Wabag has secured a $14 million contract from BAPCO Refining for the operation and maintenance of an Industrial Wastewater Treatment Plant in Bahrain. The seven-year contract emphasizes WABAG’s technological excellence and strengthens its presence in the region’s water treatment sector, using advanced Membrane Bioreactor (MBR) technology.
Zain Jordan has implemented an AI-powered chatbot platform using OpenAI’s LLM and OCR technology to improve document management efficiency. The platform allows employees to quickly retrieve data from both digital and scanned documents, saving time, reducing costs, and increasing accuracy, while driving digital transformation within the organization.
Orange Jordan has inaugurated a new digital fabrication lab at the German Jordanian University, the sixth under its Orange Digital Centres initiative. The lab offers free courses in design and prototyping, empowering students to develop digital skills and turn their ideas into reality, fostering innovation and entrepreneurship.
Jordan’s tablet imports reached JD45 million in 2024, with around 464,000 units entering the market. This marks a significant increase from 2023’s imports of 310,000 units, reflecting fluctuating demand. The data, based on certified customs documents, offers insights into the trends in Jordan’s consumer electronics market.
ITIDA and Concentrix have signed a $1 billion MoU to enhance Egypt’s outsourcing industry. The partnership aims to create 16,000 jobs, expand Concentrix’s workforce to 35,000 by 2028, and strengthen Egypt’s position as a global outsourcing hub. This expansion reflects Egypt’s growing role in the digital economy.
BrazzPR raised $75,000 in funding for Wrkman through a digital storytelling campaign that utilized influencer marketing. The campaign successfully grew Wrkman’s user base to over 10,000, showcasing the power of strategic digital marketing and storytelling in attracting investors and users for startups in the tech sector.
Eyouth has partnered with EDT&Partners in a US$6 million initiative to equip one million youth in Africa and the Middle East with digital skills. The program will focus on areas such as AI, programming, data analysis, and digital marketing, leveraging Eyouth’s platform and EDT&Partners’ educational technologies.
Vodafone Egypt has partnered with Yango Play to offer customers access to a diverse digital entertainment library, including movies, series, music, and games. This collaboration strengthens Vodafone’s position in the digital entertainment sector and aims to deliver a comprehensive and innovative entertainment experience for users in Egypt and the MENA region.
