Egypt Accelerates AI Adoption with New Strategy and Ecosystem Engagement
Shaping Egypt’s AI Horizon: Industry Leaders and Investors Discuss AI Roadmap and Startup Growth Cairo, Egypt, March 25, 2025: Egypt is…
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Grameenphone Ltd Earnings Call Highlights for 2024
Grameenphone Ltd reported strong financials in 2024, with a 60% EBITDA margin and a 20% profit margin. However, subscriber losses and economic challenges, including inflation and increased taxes, pressured growth. The company made strides in digitalization and sustainability, with significant investments in CapEx and renewable energy.
Algeria to Launch Africa’s Largest Tech R&D Center to Drive AI and Innovation
Algeria will soon open Africa’s largest tech R&D center to advance AI, innovation, and start-up growth. Supported by Algeria Venture and key ministries, the center will foster global partnerships, nurture young researchers, and strengthen Algeria’s role as a regional hub for digital transformation.
Pakistan Assembles Over 20 Million Mobile Phones in First Eight Months of 2024
Pakistan assembled 20.44 million mobile phones from January to August 2024, with 12.73 million smartphones and 7.71 million 2G devices. Despite a decline in production due to economic challenges, smartphone usage in Pakistan has risen to 62%, reflecting the growing reach of internet services.
Sri Lanka Positions Itself as South Asia’s Emerging AI Innovation Hub at SLASSCOM’s AI Asia Summit 2025
Sri Lanka’s AI Asia Summit 2025 showcased the country’s rapid progress toward becoming South Asia’s AI innovation hub. With the launch of the Xavier robotics platform, strong government participation and industry-wide demonstrations of applied AI, the summit highlighted Sri Lanka’s readiness to move from experimentation to large-scale deployment across sectors.
Edge and Baykar Sign Cooperation Agreement to Enhance Defence Capabilities
Edge has signed a Cooperation Agreement with Baykar at SAHA Expo 2024 to integrate Edge’s guided munitions with Baykar’s UAS platforms. This partnership aims to enhance defense capabilities and market presence, ensuring swift responses to market demands while strengthening supply chain security for both companies.
Telecom Egypt confirms 2Africa build complete as world’s largest subsea cable nears launch
Telecom Egypt has completed the infrastructure for the 45,000-km 2Africa subsea system, a record-breaking cable set to deliver massive capacity, strengthen Africa–Europe connectivity, and position Egypt as a global digital hub.
Nigeria Faces Escalating Cybersecurity Threats in 2024
Nigeria’s growing vulnerability to digital threats worsened in 2024, with a rise in attacks targeting government and financial sectors. Despite efforts by agencies like NITDA and NCC, localized cybersecurity strategies remain underdeveloped. Experts stress the need for proactive measures, risk analysis, and stronger collaboration to enhance digital resilience in 2025.
Algeria Launches National Agricultural Information System to Drive Digital Transformation
Algeria has launched a National Agricultural Information System to modernize governance, improve data reliability, and strengthen policy-making. Minister Yacine El Mahdi Oualid stressed digital transformation as a strategic necessity, urging strict adherence to deadlines, executive commitment, and immediate use of technology to improve agricultural monitoring and transparency.
FBA Hosts Seminar on the Impact of Telecommunication on Bangladesh’s Economy
A seminar at FBA explored how Bangladesh’s telecom sector drives economic growth. Grameenphone’s Mohammed Kayum Sarker shared insights on taxation, pricing misconceptions, and the industry’s GDP contribution, giving accounting students real-world context on the financial dynamics shaping national development.