Connect Money, an Egyptian fintech startup, raised $8 million in seed funding to expand in Egypt and Morocco. The funds will support new business verticals and enhance technological capabilities. Founded in 2024, Connect Money offers a white-label card issuing platform and various financial solutions, aiming to transform banking operations in North Africa.
Egypt and Burkina Faso are enhancing digital cooperation, focusing on sharing expertise and developing digital infrastructure. This collaboration aims to support Egypt’s “Digital Egypt 2030” strategy and Burkina Faso’s efforts to modernize public services, fostering technological partnerships and economic opportunities for both nations.
The 33rd Abu Dhabi International Book Fair (ADIBF 2024) introduces a pioneering digital payment system, making it the first cashless book fair in the Arab world. This innovative system enhances transaction efficiency, supports international exhibitors, and uses AI to monitor crowd movement and sales trends at the fair.
The Kaspersky report for 2023 reveals Morocco ranks 15th globally for online infections, with 19.5% of users facing malware threats. This places the country in a high-risk category for cyber attacks, emphasizing the need for enhanced cybersecurity measures.
Trend Micro blocked over eight million cyber threats in Bahrain in 2023, including 1.9 million email threats and 1.1 million malicious URLs. Globally, they thwarted 161 billion threats, a 10% increase year-on-year, highlighting the need for proactive cybersecurity measures in an evolving threat landscape.
Trend Micro partners with NVIDIA to enhance security for AI-enabled private data centres globally. Integrating NVIDIA NIM and Morpheus with Trend Vision One – SPC solutions, this collaboration improves data privacy, real-time analysis, and threat mitigation. The partnership aims to secure next-generation AI-driven infrastructures with cutting-edge cybersecurity solutions.
Vodafone Qatar offers Voice and Mobile Broadband (MBB) plan customers who sign up for Auto-Pay a chance to win a QR5,000 voucher. The Auto-Pay service ensures automatic bill payments, providing convenience and security. Customers also receive 5GB extra data with each bill payment.
Moroccan startup Forcelog, founded by Anas Bouziane, offers e-commerce merchants and business professionals a platform for delivering orders and packages. Based in Casablanca, Forcelog provides services like free pickup, storage, product preparation, and delivery across 240 Moroccan destinations, with real-time tracking and prices starting at 18 Moroccan dirhams.
Microsoft and G42 announced a $1 billion digital investment in Kenya, including a state-of-the-art green data centre to support Microsoft Azure. This initiative aims to enhance Kenya’s digital infrastructure, develop local AI models, expand connectivity, and ensure secure cloud services, fostering digital transformation and economic growth across East Africa.
Zain Saudi Arabia achieved record data usage, internet speed, and international roaming during the Hajj season of 1445 AH, with significant growth in 5G users and data traffic. The company continues to lead in 5G technology, supporting the Kingdom’s Vision 2030 and enhancing the Hajj experience for pilgrims.
