Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Morocco is advancing CBDC exploration to enhance payment systems domestically and across borders, amid ongoing cryptocurrency restrictions. Collaboration with global institutions supports regulatory and technical evaluation.
EazyPay and Tamara have joined forces to offer seamless Buy Now, Pay Later payment solutions in Bahrain and the Gulf. The partnership leverages EazyPay’s local acquiring and payment gateway infrastructure to support Tamara’s expanding merchant network, enhancing payment security, speed, and flexibility across the region.
MyMonty and Mastercard collaborate to expand digital payment adoption in Lebanon, enhancing security and convenience for users while supporting the country’s transition to a cashless digital economy.
Iraq is moving forward with launching Apple Pay to modernize digital payments and promote financial inclusion, with government and Apple officials working closely to integrate the service with the national payment system.
Network International and Blu Penguin partner to integrate mobile money payments on N-Genius terminals in Ghana, enhancing financial inclusion and offering unified, seamless payment solutions for merchants and consumers. This initiative supports the expansion of digital payments across Sub-Saharan Africa.
Algeria’s Sonelgaz and Algérie Poste partnership enables Edahabia cardholders to pay utility bills securely via BaridiMob, boosting digital financial inclusion and e-governance. The initiative supports the government’s modernization agenda focused on efficient, transparent, and citizen-centric public services.
Mobile phone ownership in Nepal exceeds 80%, yet only 6% use mobile money. Despite this, mobile money drives formal savings growth amid persistent gender and access gaps. Digital finance and financial inclusion show promise for empowerment and economic development.
ORA Technologies raises $7.5 million to scale its Kooul food delivery platform and ORA Cash mobile wallet, driving digital payments and e-commerce adoption in Morocco with a record-breaking funding round.
MyMonty teams up with Mastercard to boost digital payment solutions in Lebanon, enhancing transaction security and convenience while supporting the nation’s transition to a cashless digital economy.
Iraq is advancing efforts to introduce Apple Pay, engaging with Apple’s regional team to meet technical requirements and expand digital payment options, supporting financial inclusion and electronic payment growth.