Technology News and insights in the Middle East, South Asia, and Africa
Pakistan’s outdated internet infrastructure, with speeds averaging 10-20 Mbps, hinders its growth in the global digital economy. Experts call for investment in fibre-optic networks, regulatory reforms, and setting a 100 Mbps minimum standard to improve connectivity and foster innovation.
Huawei, already partnering with Maroc Telecom and Orange Maroc, is set to lead Morocco’s 5G rollout. The country aims to provide 5G coverage to 25% of the population by 2026 and 70% by 2030, enhancing digital capabilities and preparing for the 2030 World Cup.
Mastercard’s SME Confidence Index reveals that Saudi SMEs are optimistic about 2025, embracing digital transformation through AI, data analytics, and digital payments. With 99% of SMEs accepting digital payments, businesses are driving growth. Mastercard continues to support SMEs with tailored solutions, aligning with Saudi Vision 2030’s economic goals.
Bahrain’s Transportation and Telecommunications Minister Mohammed Al Kaabi met with ITU’s BDT Director Dr. Cosmas Zavazava during the RDF-ARB 2023, highlighting the country’s efforts to bolster telecom sector development through international cooperation.
Thndr raised $15.7 million led by Prosus to expand its digital investment platform across MENA, focusing on the UAE and Saudi Arabia. The Cairo-based fintech leads retail investing in Egypt, onboarding 82% of new EGX investors and growing female participation. The funding supports regional growth and financial inclusion efforts.
Ant International has partnered with LankaPay to enable cross-border mobile payments via Alipay+ in Sri Lanka. Travelers from 10 countries can now use mobile payment apps at over 400,000 merchants across the country, enhancing payment convenience for tourists and boosting local businesses, with a focus on tourism-driven growth.