Zain’s 15th anniversary of the ZGI accelerator program showcased the success of Kuwaiti entrepreneurs in a Demo Day event. Startups presented innovative solutions and connected with investors to expand their businesses. Zain Ventures and Rasameel Investment continue to support regional startups, advancing the ecosystem and fostering economic growth.
Egypt University of Informatics and SAP Egypt signed a partnership to enhance digital skills and AI education. This initiative incorporates SAP applications into curricula, offering hands-on training. Minister Amr Talaat highlighted Egypt’s progress in AI innovation, education reforms, and ICT growth, emphasizing AI’s transformative potential and the country’s commitment to responsible AI development.
Algeria aims for AI to contribute 7% to its GDP by 2027, investing in universities, incubators, and startups. The country is enhancing its digital infrastructure with fiber optics and 4G to support AI-driven economic growth, focusing on sectors like agriculture, industry, and services to transform its economy.
Vodacom’s shares rose 8.6% following a strong revenue report for the December quarter, with Egypt leading performance. Group revenue grew by 1.6%, while service revenue saw an 11.6% increase on a normalised basis. Despite currency challenges, the group remains optimistic about its growth, particularly in digital and financial services.
Daraz has launched applications for its Future Leaders Programme (DFLP) 2025, targeting top graduates from Nepal, Pakistan, Bangladesh, and Sri Lanka. The 15-month rotational program provides mentorship, real-world experience, and opportunities for career growth within the eCommerce giant, supporting South Asia’s digital transformation and young talent development.
Pakistan’s telecom sector generated Rs2.521 trillion in revenue over the past decade, with major operators contributing Rs763.81 billion in taxes. Jazz led the industry, followed by Zong and Nayatel, underscoring the sector’s crucial role in supporting the economy through substantial tax contributions and meeting the country’s communication needs.
Sri Lanka’s Telecommunications Regulatory Commission (TRCSL) has announced that mobile phones with non-registered IMEI numbers will not work on telecom networks in the future. Consumers are urged to purchase only IMEI-registered devices. The rule will not apply to phones connected to networks before January 28.
Pakistan has declared 2025 as the “Year of 5G” and unveiled plans to increase broadband speeds to 50-100 Mbps and expand Fibre-To-The-Site (FTTS) coverage to 60%. The government aims to enhance telecom infrastructure with a 5G spectrum auction in 2025 and a nationwide fiber network expansion.
Afghan Wireless Communications Company (AWCC) has activated two telecommunication sites in Taywara district, benefiting over 50 villages in the region. Residents have expressed satisfaction with the service but have requested the activation of internet services as well. The activation has provided vital communication services to thousands of families.
Telenor Microfinance Bank (TMB) has received a $10 million equity investment from Telenor Group and Ant Group, supporting the launch of Easypaisa’s digital retail banking operations in Pakistan. This investment, along with impressive financial results, strengthens TMB’s mission to enhance digital financial inclusion and deliver innovative banking solutions in Pakistan.
