Technology News and insights in the Middle East, South Asia, and Africa
MoneyGram has partnered with Saudi Arabia’s digital wallet tiqmo to enable users to send international money transfers to over 200 countries. Tiqmo offers extensive financial services and has grown rapidly since its 2024 launch. This partnership leverages MoneyGram’s global infrastructure to benefit Saudi Arabia’s large remittance market, particularly for countries like India and Pakistan.
Saudi Arabia has introduced new digital services on the Absher platform, including features for passport issuance, national ID renewals, and educational qualification updates. These updates aim to streamline government procedures, reduce paperwork, and enhance service accessibility for both citizens and expatriates, aligning with the country’s digital transformation goals.
Qara will leverage the NTDP’s Relocate Initiative to establish its presence in the Saudi Arabian market and contribute to the country’s Vision 2030 goals.
Sri Lanka’s internet subscriptions, including mobile connections, have reached 26 million by mid-2024, marking a 19% year-over-year growth. This rise reflects increased demand for digital services, spurred by the Covid pandemic. By 2024, 3G coverage is expected to reach 97.8%, and 4G coverage will hit 100%.
Elevatus has partnered with Oman Data Park to host its AI-powered recruitment solutions within Oracle Cloud in Oman. This partnership enhances data security, compliance, and supports Oman’s Vision 2040 for digital transformation by providing locally hosted, cloud-based recruitment technology.
Swypex has partnered with Visa to revolutionize business payments in Egypt, offering solutions that streamline financial operations, improve efficiency, and manage corporate spending. With rapid growth since its 2024 launch, Swypex equips businesses with corporate cards and smart controls, providing real-time tracking and seamless ERP integration.
Aman Maharjan wins Ncell’s League of Creators talent hunt, securing a Rs 1 million brand deal. The program, supported by expert mentors and a distinguished jury, spotlights Nepal’s rising digital creators and aims to fuel their career growth.
Bangladesh is establishing its first green data centre in Chattogram to encourage foreign investment and provide affordable services. The project, developed in partnership with the Asian Development Bank, will use renewable energy and be supported by new subsea cables. This move is expected to boost the country’s data centre market.
The AfCFTA Hackathon 2025 has begun in Lagos, Nigeria, with over 200 youth innovators from across Africa competing for a N20 million grand prize. The event, part of the SOT Conference 2025, aims to drive digital trade innovation under the AfCFTA framework, with a focus on cross-border transactions and regional economic integration.
dLocal, a Uruguay-based payment platform, is capitalizing on Egypt’s growing digital commerce market by offering local payment methods like mobile wallets and bank transfers. Despite cash dominance, Egypt’s e-commerce sector saw a 318% revenue increase for dLocal in Q3 2024, positioning the company as a key player in Africa’s fintech space.