Technology News and insights in the Middle East, South Asia, and Africa
Maseera Holding has acquired ADVA, establishing it as a technology and data analytics hub for North Africa. The integration of Maseera’s AI will transform ADVA’s platform, providing inclusive, personalized lending solutions for underserved populations in Egypt, with a focus on essential services like healthcare and education.
Tunisie Telecom has officially launched its 5G-NSA services, offering enhanced mobile broadband and Fixed Wireless Access to residential users. The launch, supported by Ericsson, marks the first use of the 3.5 GHz band in Tunisia. While Egyptian telecoms are planning 5G, commercial services have not yet begun in Egypt.
Bangladesh ranks 112th in the 2024 Frontier Technology Readiness Index, showing progress in adopting AI, robotics, and biotech. While the country excels in research and development, challenges remain in ICT development and workforce skills. To fully harness frontier technologies, Bangladesh must enhance digital infrastructure and regulatory frameworks.
Starlink has received approval from Bangladesh’s Investment Development Authority (BIDA) to operate in the country. The company has applied for an NGSO licence, which is expected to be issued soon. While a demonstration of Starlink’s services will take place at the Bangladesh Investment Summit, the commercial launch will take longer.
The IMF report highlights significant digital progress in the GCC, with advancements in infrastructure, government services, and fintech. However, challenges remain in financial inclusion, corporate digital adoption, and AI readiness. Key recommendations include enhancing digital skills, strengthening fintech regulations, and addressing labor market disruptions to sustain growth.
Saudi Arabia’s transportation network set new records during Ramadan, with Haramain High-Speed Railway carrying 1.2 million passengers, a 21% increase from last year. Public transport, ride-hailing, and logistics sectors all saw significant growth. The TGA emphasized the success of coordinated efforts in supporting the Kingdom’s Vision 2030 goals.
This article evaluates the AI readiness and opportunities in 10 African countries, highlighting strengths, challenges, and strategies to harness AI for economic growth, social development, and regional leadership. While AI adoption is varied, investments in infrastructure, governance, and human capital are critical to unlocking the continent’s AI potential.
The Ugandan government has partnered with Rowad Capital Commercial (RCC) to revitalise Uganda Telecommunications Corporation (UTel). RCC will take a 60% stake in UTel, with the government retaining 40%. This partnership aims to commercialise Uganda’s ICT National Backbone Infrastructure, attracting private sector clients and increasing revenue.
AmiViz has partnered with Neox Networks to offer advanced network visibility and security solutions across the GCC, Egypt, and Africa. This collaboration will enable enterprises to enhance network performance, security, and observability, addressing key challenges and supporting digital transformation efforts in the region.
Maseera Holding has acquired Adva, an Egyptian fintech platform, to drive financial inclusion in North Africa. The acquisition strengthens Maseera’s expansion strategy, leveraging Adva’s AI-driven credit scoring model to provide financing for underserved Egyptians. Adva will focus on consumer finance and apply for Egypt’s first digital finance license.