Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Fawry has invested EGP 80 million (USD 1.6 million) to acquire majority stakes in Dirac Systems, Virtual CFO, and Code Zone, strengthening its “Fawry Business” platform. This acquisition enhances Fawry’s digital payment and ERP solutions, supporting Egypt’s digital transformation and the country’s shift toward a cashless economy.
Bileeta has partnered with CENWOR to provide ERP solutions for SMEs in rural Sri Lanka, focusing on women entrepreneurs in the dry-fish and Palmyra industries. This initiative, supported by UNDP, aims to empower women and contribute to Sri Lanka’s economic growth through technology-driven solutions and mentoring.
Medicare Group, in partnership with Mannai IT Solutions, has successfully implemented SAP S/4HANA to overhaul its back-office operations. The transformation enhances data analytics, report generation, and integration with the company’s healthcare system, empowering Medicare to optimize processes, reduce costs, and improve efficiency.
Abu Dhabi-based ERP provider Hulexo has secured seed investment from Arzan VC to expand its presence in the Middle East, aiming to reach 300 retail locations by 2025. The investment will also support Hulexo’s entry into Kuwait and Saudi Arabia, enabling partnerships and continued innovation for retail SMEs in the region.