Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Axian Telecom considers fully acquiring e-commerce giant Jumia to strengthen its pan-African presence, with a focus on expanding fintech services through JumiaPay and boosting financial inclusion across the continent.
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.