Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
At the UN SDG Digital event, Egypt’s ICT Minister, Amr Talaat, discussed the global digital divide and digitalization’s role in development. He highlighted Egypt’s initiatives in training and infrastructure, aiming to make digital benefits accessible to all, particularly through the expansive “Decent Life” initiative.
e& Egypt has partnered with the National Company for Telecommunication Services to leverage the Tiba 1 satellite for delivering advanced telecom services across Egypt, particularly targeting remote areas to enhance connectivity in sectors like petroleum, mining, and tourism.
Egypt plans to construct a renewable energy-powered green data center, aligning with its goal to increase digital service exports to $9 billion by 2026. This initiative reflects Africa’s broader ambition for digital sovereignty and local data hosting, capitalizing on Egypt’s strategic geographic position.
NextEra Education, a new $42 million educational initiative in Egypt, aims to modernize the national education system. This platform will incorporate AI technologies and international partnerships to provide degrees in cybersecurity, AI, business, and more.
Egypt leads TikTok usage in Africa with approximately 32.94 million users, followed by Nigeria with 27.39 million. South Africa, Algeria, and Morocco also rank among the top five, reflecting the platform’s significant popularity across the continent.
SETTLE, an Egypt-based B2B payment platform, has raised $2 million in pre-seed funding to enhance digital financial operations. With this investment, SETTLE aims to revolutionize B2B payments by enabling real-time financial management and streamlining business processes.
Kenzz has launched Kenzz TV, integrating video shopping into its app to transform the e-commerce experience in Egypt. This feature offers dynamic video content like product reviews and brand stories, enhancing user engagement and helping customers make informed decisions.
SETTLE, an Egypt-based B2B payment platform, has raised $2 million in pre-seed funding to enhance business financial operations. The investment aims to expand SETTLE’s global footprint and integrate real-time financial data tools, revolutionizing how businesses manage payments and treasuries.
PayTabs Egypt partners with Souhoola to expand its BNPL offerings, enhancing e-commerce payment options and competitiveness. This strategic alliance aims to meet consumer demands for convenience and support Egypt’s progression towards a cashless society.
Brotinni, an innovative Egyptian startup, secures new funding to expand its unique ‘dark butchery’ model, enhancing meat and poultry distribution with advanced processing and delivery solutions.