Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Amazon Web Services met with Pakistan’s Commerce Minister Jam Kamal Khan in Malaysia to explore digital investments and startup collaborations. Talks covered fintech, AI, 5G, and cross-border e-commerce, with AWS and Ant Group expressing interest in expanding Pakistan’s tech ecosystem through new partnerships and capacity-building projects.
North Africa is emerging as a cornerstone of MENA’s gaming market, powered by a youthful population, government backing, and investor confidence. With 559 million players across the region and over $56m in recent funding, MENA is becoming one of the world’s fastest-growing gaming ecosystems.
BAN’s new digital platform aims to streamline the early-stage investment process by centralizing deal sourcing, improving accessibility, and creating more opportunities for cross-border investments. The platform will help both investors and startups navigate the funding process more easily, while boosting Bangladesh’s growing startup ecosystem.
Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) has announced plans to invest EGP 1 billion in the digital sector, focusing on technological infrastructure and cybersecurity. This strategic move comes as the bank records net profits of EGP 6.80 billion for the nine-month period ending September 30, 2024.