Technology News and insights in the Middle East, South Asia, and Africa
LOMÉ, Togo, February 6, 2025/ — XTransfer, the world-leading and China’s No.1 B2B Cross-Border Trade Payment Platform, and Ecobank Group (www.Ecobank.com), the leading…
The Minister of Communications and Information Technology, Mohammed Ahmed Al-Mahdi, inaugurated the VIP sales and service lounge in Ibb city, emphasizing the expansion of telecom services. He also inspected the construction of Yemen Mobile’s main service center, urging adherence to technical specifications and timelines to improve local services.
Damac Capital, the investment arm of Damac Group, reports strong ROI from its strategic investments in SpaceX and Stripe. These investments highlight the group’s commitment to advancing global technology and innovation. Damac Capital is also expanding into AI, supporting high-growth companies poised to lead in their industries and drive global economic progress.
SINGER Sri Lanka has partnered with Hutch to expand mobile connectivity by offering Hutch SIM cards and instant activation at 410 SINGER showrooms. Customers can also upgrade to 4G or 5G smartphones at discounted rates. The collaboration aims to improve digital connectivity and enhance the customer shopping experience.
Morocco is preparing to launch a tender for 5G bandwidth, with Huawei and Western companies competing for the project. The government aims for 5G coverage to reach 25% of the population by 2026 and 70% by 2030, coinciding with the World Cup. Six host cities will be fully covered by 5G.
Algeria and Huawei sign a memorandum to modernize vocational ICT training, offering joint diplomas and expanding digital skill development aligned with market demands.
Bank Alfalah has acquired a 9.9% stake in Jingle Pay, a rapidly growing fintech in the MENAP region. The partnership aims to enhance cross-border payments and digital banking, with Jingle Pay planning to launch its digital banking services in Pakistan in 2025. This collaboration strengthens both companies’ positions in global finance.
Egypt, Telecom Egypt, ITIDA, and Nokia have signed an MoU to create an IP Excellence Center, boosting Egypt’s digital infrastructure, innovation, and ICT exports. This partnership will enhance network automation, AI advancements, and software development, positioning Egypt as a global IT services hub.
· Sets new financial targets through FY2028, underpinned by the adoption of Seagate’s first-to-market HAMR technology and continued focused execution…
Egypt’s Ministry of Communications and Information Technology has signed an MoU with Microsoft to enhance the country’s AI capabilities, targeting the training of 100,000 individuals in AI technologies. The agreement aims to empower local talent, promote responsible AI use, and support Egypt’s National AI Strategy for 2025–2030.